Property profile

509 48th Avep14 Long Island City, NY 11101

OFF-MARKET
Parking lots & garages
Property ID
US63-3979292
386 SF 0.81 ac lot Built 2007
Individually Owned 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 00030-1135
UPID US63-3979292

Cap rate & NOI

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

Location

509 48th Avep14 Long Island City, NY 11101-5604
Long Island City metro Census 701 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$185k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$135k

Owner & transaction history

since 2025
Last sale
$85,000
3 recorded transactions
2025
$85,000
2014
Price N/A
2008
$574,990

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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