Financial
Distress signals
Property profile

3420 12th St Long Island City, NY 11106

OFF-MARKET
Manufacturing properties
Property ID
US63-2078116
12,500 SF 0.29 ac lot Built 1960
Last sale Sep 2020 · $2,100,000
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

This commercial land parcel is configured as a corner through-lot with frontage on three sides, providing more than 800 feet of combined frontage along 11th Street, 12th Street, and 33rd Road. The site covers 57,318 square feet and is described as offering design flexibility due to its multi-street frontage. The property is eligible for the Fresh Food Store Bonus, which may allow additional residential floor area. Units oriented to the west are described as having potential views of the East…

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?
$57k
Tax billed · 2024
Assessed value$557k
Assessed land$281k
Assessed improvement$275k
Effective rate10.31%

Value estimate

· Sep 2026
$2.13M
$1.91M – $2.34M
AI approach$1.96M
Submarket $/SF estimate$1.71M

Realmo valuation models over county records and 9 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 comparables9

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?
R5
This district is designed to permits moderate density residential neighborhoods with a mix of housing types except zero lot line buildings
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 Firm32.9
Clothing Store17.7
Women's Store14.2

Location

3420 12th St Long Island City, NY 11106-5009
County assessor Recorded deeds · 7 transfers 9 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3635 35th, Long Island City, NY 11106-1301 $7,900,000 Jul 2022 19,400 SF
3657 36th, Long Island City, NY 11106-1303 $2,420,500 Dec 2021 7,500 SF
3636 23rd, Long Island City, NY 11106-4406 $2,075,000 Aug 2021 3,750 SF
1132 31st, Long Island City, NY 11106 $4,750,000 Aug 2021 7,125 SF
3415 10th, Long Island City, NY 11106-5107 $1,770,000 Jun 2021 4,900 SF
3616 23rd, Long Island City, NY 11106-4406 $642,870 Dec 2019 4,000 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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