Financial
Distress signals
Property profile

2449 47th St Long Island City, NY 11103

OFF-MARKET
Manufacturing properties
Property ID
US63-2396843
4,400 SF 0.06 ac lot Built 2018
Last sale Mar 2020 · $2,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A two-story commercial warehouse with more than 4,500 square feet of interior space, located in Astoria. The building includes high ceilings and a large built-in garage, and is configured to support either operation of a business or leasing to a commercial tenant. It also has a tax abatement and is situated in an area with transit access and walkability/bikeability metrics reported as 69 for transit, 84 for walkability, and 76 for bikeability.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$28k
Tax billed · 2024
Assessed value$288k
Assessed land$110k
Assessed improvement$178k
Effective rate9.82%

Value estimate

· Sep 2026
$2.23M
$2.00M – $2.45M
AI approach$2.26M
Submarket $/SF estimate$1.89M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$333/SF
Submarket average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$269 – $472
Qualifying comparables10

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 Firm119.2
Realty agency74.8
Building Supply43.3

Location

2449 47th St Long Island City, NY 11103-1009
County assessor Recorded deeds · 4 transfers 10 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
2481 47th, Long Island City, NY 11103-1009 $3,900,000 Jan 2023 5,000 SF
2432 44th, Long Island City, NY 11103-2002 $6,800,000 Nov 2022 15,250 SF
2418 41st, Long Island City, NY 11103-3237 $1,250,000 Apr 2021 2,385 SF
2426 47th, Long Island City, NY 11103-1010 $3,675,000 Sep 2020 10,900 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
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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