Property profile

509 48th Ave 4P Long Island City, NY 11101

OFF-MARKET
Parking lots & garages
Property ID
US63-3558356
386 SF 0.81 ac lot Built 2007
Individually Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 2007
Total area 386 SF
Lot 0.81 ac (35,084 SF)
Zoning code M14R7A
APN 00030-1125
UPID US63-3558356

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Consultant
  • Warehouse & Storage

Location

509 48th Ave, Unit 4P Long Island City, NY 11101-5608
Long Island City metro Census 701 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$90k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$90k

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2011
$62,500
2008
$1.2M

Zoning & alternative use

M14R7A · Long Island City, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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