Financial
Distress signals
Property profile

2338 31st St Long Island City, NY 11105

OFF-MARKET
Retail space
Property ID
US63-3831022
3,700 SF 0.18 ac lot Built 1950
Last sale Jul 2011 · $1,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A ground-floor retail space in Astoria configured for retail use with approximately 3,700 square feet of interior area, plus approximately 4,000 square feet of parking. The property has about 180 feet of wrap-around frontage and is positioned adjacent to the Agora Plaza shopping center, within a commercial corridor that includes a mix of financial institutions, national and local food and beverage businesses, and retail operators.

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?
$41k
Tax billed · 2024
Assessed value$385k
Assessed land$351k
Assessed improvement$34k
Effective rate10.59%

Value estimate

· Sep 2026
$765k
$689k – $842k
CAP approach$1.02M

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?
C4-3
This district comprise the City major and secondary shopping and business centers, which provide for shopping needs and services over a w...
General categoryCOMMERCIAL
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 Firm17.1
Parking Facility15.4
Nursing Home13.2

Location

2338 31st St Long Island City, NY 11105-2810
County assessor Recorded deeds · 2 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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