Financial
Distress signals
Property profile

2723 Cres St Long Island City, NY 11102

OFF-MARKET
Apartment buildings
Property ID
US63-3728080
11,580 SF 0.11 ac lot Built 2023
Last sale Mar 2026 · $955,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$28k
Tax billed · 2024
Assessed value$351k
Assessed land$203k
Assessed improvement$149k
Effective rate8.09%

Value estimate

· Sep 2026
$2.77M
$2.49M – $3.04M

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$266/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$190 – $370
Qualifying comparables18

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R6B
This district focuses on medium density housing in areas with higher accessibility to transportation and community services, allowing for...
General categoryRESIDENTIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm24.8
Nursing Home16.0
Assisted Living Facility15.5

Location

2723 Cres St Long Island City, NY 11102-3142
County assessor Recorded deeds · 9 transfers 18 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1216 30th, Long Island City, NY 11102-3850 $599,000 Oct 2025 17,820 SF
3053 29th, Long Island City, NY 11102-2552 $3,900,000 Apr 2025 14,700 SF
2610 18th, Long Island City, NY 11102-3539 $2,200,000 Mar 2025 9,968 SF
3035 14th, Long Island City, NY 11102-3891 $1,575,000 Jan 2025 5,736 SF
2559 33rd, Long Island City, NY 11102-1275 $800,000 Nov 2024 5,520 SF
2912 Newtown, Long Island City, NY 11102-2296 $5,500,000 May 2024 11,820 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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