Financial
Distress signals
Property profile

3049 Cres St Long Island City, NY 11102

OFF-MARKET
Apartment buildings
Property ID
US63-2358317
53,796 SF 0.46 ac lot Built 1926
Last sale Jan 2025 · $224,835,274
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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?
$490k
Tax billed · 2024
Assessed value$3.92M
Assessed land$317k
Assessed improvement$3.60M
Effective rate12.50%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

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 comparables12

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?
R6A
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 Firm25.7
Nursing Home15.7
Assisted Living Facility15.2

Location

3049 Cres St Long Island City, NY 11102-3228
County assessor Recorded deeds · 8 transfers 12 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
3055 Vernon, Long Island City, NY 11102-4025 $1,535,000 Mar 2026 158,375 SF
1216 30th, Long Island City, NY 11102-3850 $599,000 Oct 2025 17,820 SF
2906 Cres, Long Island City, NY 11102-3133 $7,300,000 Jul 2025 29,480 SF
324 27th, Long Island City, NY 11102-4863 $2,636,471 Dec 2024 126,175 SF
1128 30th, Long Island City, NY 11102-4830 $51,897,658 Jul 2024 108,431 SF
1112 30th, Long Island City, NY 11102-4774 $51,897,658 Jul 2024 182,602 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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