Property profile

2447 47th St Long Island City, NY 11103

OFF-MARKET
Other warehouses
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Property ID
US63-2815956
6,943 SF 0.11 ac Built 2018
Last sale Dec 2014·$580,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

A 4,000 square foot warehouse space with ceiling heights over 11 feet is located on the lower level and is accessed via a 70-foot long declining loading driveway suitable for box trucks. The warehouse is served by three entrances, including an elevator for access from a private, secure lobby area, and a private staircase providing access to street level. The building also includes office space options, including a 1,100 square foot office with a private kitchen, rooftop access, polished…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$47k
Tax billed · 2024
Assessed value$444k
Assessed land$131k
Assessed improvement$314k
Effective rate10.57%

Value estimate

· Nov 2026
$805k
$725k – $886k
CAP approach$815k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$308/SF
Submarket average, outlier-cleaned · 58 recorded sales of this use type
Observed band · Q1–Q3$182 – $418
Qualifying comparables6

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?
M1-1
This district is designed for a wide range of manufacturing and related uses which can conform to a high level of performance standards
General categoryINDUSTRIAL
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 Firm119.9
Realty agency76.3
Building Supply43.3

Location

2447 47th St Long Island City, NY 11103-1009
County assessor Recorded deeds · 4 transfers 6 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3249 49th, Long Island City, NY 11103-1402 $5,060,000 Feb 2023 10,050 SF
2481 47th, Long Island City, NY 11103-1009 $3,900,000 Jan 2023 5,000 SF
2529 49th, Long Island City, NY 11103-1120 $1,400,000 Oct 2019 10,550 SF
2416 45th, Long Island City, NY 11103-1030 $1,525,000 Oct 2019 9,508 SF
2413 45th, Long Island City, NY 11103-1024 $1,560,000 Jul 2019 4,500 SF
2411 45th, Long Island City, NY 11103-1024 $1,550,000 Jun 2019 4,500 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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