Financial
Distress signals
Property profile

2181 38th St Long Island City, NY 11105

OFF-MARKET
Retail space
Property ID
US63-2805001
3,555 SF 0.23 ac lot
Last sale Apr 2017 · $4,750,000
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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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?
$36k
Tax billed · 2024
Assessed value$371k
Assessed land$49k
Assessed improvement$322k
Effective rate9.77%

Value estimate

· Sep 2026
$740k
$666k – $814k
CAP approach$975k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$587/SF
Submarket average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$389 – $952
Qualifying comparables17

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?
R5D
This district is designed to permits moderate density residential neighborhoods with a mix of housing types except zero lot line buildings
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 Firm35.3
Realty agency21.5
Parking Facility19.6

Location

2181 38th St Long Island City, NY 11105-1858
County assessor Recorded deeds · 10 transfers 17 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
2701 23rd, Long Island City, NY 11105-2705 $1,800,000 Jan 2026 4,900 SF
3112 23rd, Long Island City, NY 11105-2407 $3,100,000 Apr 2025 3,600 SF
3137 20th, Long Island City, NY 11105-2014 $2,500,000 Apr 2024 2,275 SF
2301 31st, Long Island City, NY 11105-2808 $4,250,000 Feb 2024 4,251 SF
2107 31st, Long Island City, NY 11105-2601 $21,000,000 Nov 2023 4,750 SF
2101 31st, Long Island City, NY 11105-2601 $21,000,000 Nov 2023 4,750 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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