Financial
Distress signals
Property profile

4010 Cres St Long Island City, NY 11101

OFF-MARKET
Auto shops
Property ID
US63-2735424
2,004 SF 0.11 ac lot Built 1920
Last sale Dec 2024 · $4,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a development site totaling approximately 7,501 square feet, zoned R5D and M1-2, with potential for up to approximately 15,008 square feet of buildable area subject to permitting and approval. The site is currently configured and used as a parking lot, providing established on-site vehicle parking operations as an interim use while development permits are pursued.

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?
$18k
Tax billed · 2024
Assessed value$252k
Assessed land$252k
Effective rate7.04%

Value estimate

· Sep 2026
$4.60M
$4.14M – $5.06M
AI approach$4.60M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$701/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$315 – $1,181
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?
M12R5D
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Nursing Home
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nursing Home10.3
Acupuncture10.0
Assisted Living Facility9.0

Location

4010 Cres St Long Island City, NY 11101-3804
County assessor Recorded deeds · 1 transfer 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5328 35th, Long Island City, NY 11101-3208 $1,000,000 May 2025 1,320 SF
3111 Greenpoint, Long Island City, NY 11101 $700,000 May 2025 1,000 SF
4012 Cres, Long Island City, NY 11101-3804 $4,600,000 Dec 2024 1,760 SF
3815 Queens, Long Island City, NY 11101-1713 $35,000,000 Mar 2023 4,225 SF
3859 9th, Long Island City, NY 11101-6109 $1,925,000 Jan 2023 3,702 SF
3904 Northern, Long Island City, NY 11101-1618 $42,841,900 Dec 2021 2,520 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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