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Property profile

3117 12th St Long Island City, NY 11106

OFF-MARKET
Other investment properties
Property ID
US63-3842135
4,314 SF 0.28 ac lot Built 1910
Last sale Dec 2014
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.
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Property summary

AI-generated overview

The property is located in Astoria, Queens, and sits on an irregularly shaped lot of approximately 12,070 square feet. The site provides an estimated buildable area of approximately 28,963 square feet, configured for prospective development. The location is in a neighborhood setting with proximity to transportation and a range of retail and dining amenities.

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?
$20k
Tax billed · 2024
Assessed value$156k
Assessed land$35k
Assessed improvement$121k
Effective rate13.10%

Value estimate

· Oct 2026
$200k
$180k – $220k

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

Recently sold

What actually traded nearby?
$418/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$238 – $575
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?
R5B
Where the designated district is an M1-2/R5B District, the provisions of paragraph (c) of Section 25-631 (Location and width of curb cuts...
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 Firm50.6
Realty agency38.6
Nursing Home15.6

Location

3117 12th St Long Island City, NY 11106-4801
County assessor Recorded deeds · 9 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2518 Broadway, Long Island City, NY 11106-3452 $2,698,000 Dec 2024 4,020 SF
3201 30th, Long Island City, NY 11106 $18,260,000 Jan 2024 4,520 SF
2805 34th, Long Island City, NY 11106-3411 $2,450,000 Dec 2022 3,840 SF
3183 34th, Long Island City, NY 11106-1878 $1,890,000 Nov 2022 4,240 SF
1236 31st, Long Island City, NY 11106-4818 $1,400,000 Oct 2022 4,200 SF
3215 Broadway, Long Island City, NY 11106-2894 $132,066,033 Jan 2022 3,802 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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