Financial
Distress signals
Property profile

1027 50th Ave Long Island City, NY 11101

OFF-MARKET
Retail residential properties
Property ID
US63-3978997
62,511 SF 0.16 ac lot Built 2021
Last sale Aug 2020
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$49k
Tax billed · 2024
Assessed value$6.56M
Assessed land$382k
Assessed improvement$6.18M
Effective rate0.74%

Value estimate

· Sep 2026
$18.81M
$16.93M – $20.69M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$377/SF
ZIP average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$113 – $644
Qualifying comparables7

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?
R7X
This district is designed to supports medium to high density housing, particularly in areas well served by public transportation and comm...
General categoryRESIDENTIAL
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 Home9.0
Watch Repair Shop7.7
Pet Grooming Service7.5

Location

1027 50th Ave Long Island City, NY 11101
County assessor Recorded deeds · 3 transfers 7 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2709 40th, Long Island City, NY 11101-3724 $797,585 Oct 2025 88,362 SF
2720 42nd, Long Island City, NY 11101-6791 $712,775 Oct 2024 49,314 SF
1155 45th, Long Island City, NY 11101-5153 $14,775,000 Jul 2022 45,707 SF
39 Ave, Long Island City, NY 11101 $9,520,743 Jun 2022 61,258 SF
3203 39th, Long Island City, NY 11101-2203 $19,104,257 Jun 2022 67,949 SF
4330 24th, Long Island City, NY 11101-4610 $176,000,000 Mar 2022 50,000 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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