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    1961 49th St Long Island City, NY 11105-1122
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    Property profile & analytics

    1961 49th St Long Island City, NY 11105-1122


    • Office buildings
    • 16,000 SF
    • 0.11 lot acres
    Off-Market
    Property ID
    US63-4189226
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $4,170,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 1961 49th St

    Year built
    2007
    Lot size
    0.11 lot acres
    Property size
    16,000 SF
    Zone code
    M1-1
    Property type
    Office buildings
    APN
    00755-0005
    APU
    7550005

    Description

    This newly renovated, four-story (2022) building at 1961 49th Street in Queens, NY (zip code 11105) offers 16,000 square feet of versatile commercial space. The property is zoned M1 and features a mix of office and warehouse space, ideal for a variety of businesses. The ground floor includes a 5,000-square-foot warehouse with a 14+ foot ceiling height, a drive-in gate (12-foot clearance), a full sprinkler system, and heating. This space is complemented by one loading dock and one drive-in. The upper three floors provide approximately 4,000 square feet each (with the top floor slightly smaller at 3,000 SF), featuring loft-like open spaces perfect for traditional, medical, executive, or creative office uses. These floors boast large windows for abundant natural light, central heating and cooling, and pre-wiring for phone and data. The building also includes an elevator and two staircases. Two outdoor spaces, totaling 2,000 square feet, offer expansive city views. The building has 50 feet of frontage on 49th Street, providing excellent street visibility. The property benefits from convenient access to major transportation arteries, including the Grand Central Parkway and the BQE, and is in close proximity to LaGuardia Airport and all New York City boroughs. The building is equipped with an 800-amp, 3-phase power system and a video intercom system. Currently, one 3,000 square foot space is available for lease.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $5,785,000
      Current use
      INDUSTRIAL (GENERAL)
      $5,330,000
      Change: -8% Conversion: Difficult
      WAREHOUSE, STORAGE
      $4,930,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Long Island City
    County
    Queens
    State
    New York
    Longitude
    -73.8951
    Latitude
    40.7727
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $28,299
    $90,000
    $1,405,350
    $1,495,350
    -
    $200,000
    $3,123,000
    $3,323,000
    More about this property
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