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Financial
Distress signals
Property profile

546 50th Ave Long Island City, NY 11101

OFF-MARKET
Other investment properties
Property ID
US63-2050630
5,190 SF 0.06 ac lot Built 1931
Last sale Aug 2026 · $4,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This mixed-use property is located in Long Island City near Vernon Boulevard and the East River waterfront. The building is approximately 5,190 square feet on a 2,500-square-foot lot and is configured as a 25-foot-wide structure with a ground-floor retail space, a rear artist studio, and four free-market residential apartments on the upper floors. The property sits in an M1-4 / R6B zoning district, which supports continued mixed-use occupancy and allows for flexible long-term uses consistent…

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?
$18k
Tax billed · 2024
Assessed value$931k
Assessed land$268k
Assessed improvement$663k
Effective rate1.97%

Value estimate

· Oct 2026
$515k
$464k – $567k
Submarket $/SF estimate$370k

Realmo valuation models over county records and 28 qualifying comparable sales.

Recently sold

What actually traded nearby?
$377/SF
ZIP average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$113 – $644
Qualifying comparables28

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?
M14R6B
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 Home9.0
Watch Repair Shop7.7
Adult Day Care Center7.2

Location

546 50th Ave Long Island City, NY 11101-5712
County assessor Recorded deeds · 2 transfers 28 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
5211 35th, Long Island City, NY 11101-3205 $1,450,000 Mar 2025 5,000 SF
1201 40th, Long Island City, NY 11101-6107 $2,100,000 Oct 2024 5,000 SF
3840 Cres, Long Island City, NY 11101-3602 $2,107,000 Oct 2023 5,000 SF
4718 Vernon, Long Island City, NY 11101-5409 $4,275,000 May 2022 5,250 SF
1047 48th, Long Island City, NY 11101-5667 $2,600,000 Dec 2021 5,150 SF
4716 Vernon, Long Island City, NY 11101-5491 $3,200,000 Jul 2020 4,875 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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