Financial
Distress signals
Property profile

4337 40th St Long Island City, NY 11104

OFF-MARKET
Apartment buildings
Property ID
US63-3377291
5,040 SF 0.06 ac lot Built 1931
Last sale Nov 2012 · $760,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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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?
$32k
Tax billed · 2024
Assessed value$366k
Assessed land$9k
Assessed improvement$357k
Effective rate8.81%

Value estimate

· Sep 2026
$395k
$356k – $435k
Submarket $/SF estimate$1.02M

Realmo valuation models over county records and 25 qualifying comparable sales.

Recently sold

What actually traded nearby?
$213/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$103 – $277
Qualifying comparables25

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?
R7A
This district is designed to supports medium to high density housing, particularly in areas well served by public transportation and comm...
General categoryRESIDENTIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Nursing Home
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nursing Home12.1
Law Firm11.9
Assisted Living Facility11.3

Location

4337 40th St Long Island City, NY 11104-3861
County assessor Recorded deeds · 1 transfer 25 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4130 49th, Long Island City, NY 11104-1226 $1,362,500 Feb 2026 5,169 SF
4141 49th, Long Island City, NY 11104-1216 $1,450,000 Dec 2025 4,974 SF
4114 49th, Long Island City, NY 11104-1232 $1,580,000 May 2024 5,169 SF
4334 41st, Long Island City, NY 11104-3314 $980,000 Oct 2023 5,148 SF
4328 41st, Long Island City, NY 11104-3338 $550,000 Feb 2022 5,148 SF
4127 49th, Long Island City, NY 11104-1211 $2,125,000 Dec 2021 4,890 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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