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    Property profile & analytics

    3109 Newtown Ave Long Island City, NY 11102-1383

    • Office buildings
    • 6,500 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $2,255,000
    Last Sale
    Feb 06, 2023
    $2,850,000
    Location Intelligence
    Property ID
    US63-3337916
    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.

    Current Use by Public Records

    • Marnie Zigelman LCSW / Psychotherapist
    • Medical Travel Agency / Medical Group
    • Stephanie Bayner / Pain Management Physician
    • ADNAN ANWER QURESHI / Pain Management Physician / Sports Medicine Physician

    Property Details for 3109 Newtown Ave

    Year built
    1995
    Lot size
    0.05 lot acres
    Property size
    6,500 SF
    Zone code
    C4-4A
    Property type
    Office buildings
    APN
    00619-0020
    APU
    6190020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,105,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,055,000
      6.5%
      $2,945,000
      7%
      $2,745,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,075,000
      Geo Method
      $2,645,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,075,000
      Retail
      $2,465,000
      Mixed-Use
      $2,305,000
      Hospitality
      $2,635,000
      Educational
      $2,285,000
      Residential Income
      $2,910,000
      Energy
      $2,240,000
      Income-Based Land
      $2,925,000
      Food Service
      $2,575,000

    Location Insight

    • Map
    • Local Demand
    City
    Long Island City
    County
    Queens
    State
    New York
    Longitude
    -73.9204
    Latitude
    40.7675
    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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      19,767 SF

      2747 Cres St

      PROFESSIONAL BUILDING • 19,767 SF
      2747 Cres St, Long Island City, NY 11102-3142
      View Details
    • Value Estimation by Request
      7,269 SF

      3105 30th Ave

      OFFICE BUILDING (MULTI-STORY) • 7,269 SF
      3105 30th Ave, Long Island City, NY 11102-1529
      View Details
    • Value Estimation
      $8,270,000
      12,550 SF

      2556 31st St

      OFFICE BUILDING (MULTI-STORY) • 12,550 SF
      2556 31st St, Long Island City, NY 11102-1761
      View Details
    • Value Estimation by Request
      3,825 SF

      2540 27th St

      OFFICE BUILDING (MULTI-STORY) • 3,825 SF
      2540 27th St, Long Island City, NY 11102-4356
      View Details
    • Value Estimation by Request
      5,616 SF

      3022 Newtown Ave

      OFFICE BUILDING (MULTI-STORY) • 5,616 SF
      3022 Newtown Ave, Long Island City, NY 11102
      View Details
    • Value Estimation by Request
      11,500 SF

      2920 Newtown Ave

      PROFESSIONAL BUILDING • 11,500 SF
      2920 Newtown Ave, Long Island City, NY 11102-2129
      View Details

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    Similar Nearby for Lease

    • $10,500 /Mo

      Luxury Offices in Astoria Center

      3500 sqft office with parking near Astoria Blvd station.
      2550 Crescent St, Queens, NY 11102
      View Details
    • $51 SF/Yr
      1,070 SF

      Astoria Office Space for Lease

      1,070 sq ft, versatile office suite
      23-08 30Th Ave, Queens, NY 11102
      View Details
    • $4,000 /Mo
      720 SF

      Astoria Retail or Office Space

      720 SF retail/office space in prime Astoria location.
      25-59 31St St, Astoria, NY 11102
      View Details
    • $45 SF/Yr
      20,000 SF

      Astoria Medical Office Plaza

      Prime Queens location, diverse office spaces.
      27-47 Crescent St, Queens, NY 11102
      View Details
    • $3,300 /Mo
      1,100 SF

      Modern Office Space in Astoria

      Move-in-ready office space in a prime Astoria location.
      3119 Newtown Ave, Astoria, NY 11102
      View Details
    • $7,250 /Mo

      Astoria Medical/Community Facility Condo

      1,936 SF medical/community facility condo for sale or lease.
      27-17 Crescent St, Queens, NY 11102
      View Details
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    3109 Newtown Ave
    Long Island City, NY 11102-1383
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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