1050 50thLong Island City, NY 11101

  • Office buildings
  • 3,456 SF
Off market
$244,350 Estimated
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Property Details for 1050 50th

Year built
1901
Lot size
0.11 AC
Property size (Sq ft)
3,456 SF
Zone code
R7X
Property type
Office buildings
APN
00040-0024
APU
400024

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $571,380
    6.5%
    $527,428
    7%
    $489,754
  • Comparable approach

    Method
    Valuation
    Relative Method
    $451,561
    Geo Method
    $451,561
  • Alternative Use

    Use
    Valuation
    Residential
    $654,010
    Hospitality
    $599,070
    Educational
    $498,419
    Medical
    $515,561
    Retail
    $775,319

Location Insight

City
Long Island City
County
Queens
State
New York
Latitude
40.7422
Longitude
-73.9524
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
-
$135,000
$109,350
$244,350
-
$300,000
$243,000
$543,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@paperhouses.co and they will add the team member.
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How can I contact the broker?
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