NOT LISTED FOR SALE

4722 Pearson Place Long Island City, NY 11101

Long Island City Neighborhood

Estimated Value: $25,623,232

-- Bed
-- Bath
75,965 Sq Ft
$337/Sq Ft Est. Value

About This Home

This home is located at 4722 Pearson Place, Long Island City, NY 11101 and is currently estimated at $25,623,232, approximately $337 per square foot. 4722 Pearson Place is a home located in Queens County with nearby schools including P.S./I.S. 78Q Early Childhood Center, Long Island City High School, and Toobaa Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2016
Sold by
Hrl Consulting Group Llc and Ibar Ventures Llc
Bought by
Pearson Place Holdings Llc
Current Estimated Value
$25,623,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,269,000
Outstanding Balance
$8,943,007
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
$16,680,225

Purchase Details

Closed on
Jan 31, 2014
Sold by
New York City Industrial Development Age
Bought by
Pearson Place Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
4.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2002
Sold by
Pearson Place Realty Llc
Bought by
New York City Industrial Development Age

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,628,050
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2001
Sold by
Nyc Industrial Dev Agenc
Bought by
J Manheimer Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pearson Place Holdings Llc $18,500,000 --
Hrl Consulting Group Llc -- --
Pearson Place Realty Llc -- --
Pearson Place Realty Llc -- --
New York City Industrial Development Age -- --
New York City Industrial Development Age -- --
J Manheimer Inc -- --
J Manheimer Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Place Holdings Llc $11,269,000
Previous Owner Pearson Place Realty Llc $1,320,000
Previous Owner New York City Industrial Development Age $3,628,050
Closed New York City Industrial Development Age $1,906,950
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $5,170,950 $1,620,000 $3,550,950
2024 -- $4,990,950 $1,620,000 $3,370,950
2023 $0 $4,827,150 $1,412,640 $3,414,510
2022 $0 $4,614,750 $1,620,000 $2,994,750
2021 $0 $3,841,200 $1,620,000 $2,221,200
2020 $0 $5,016,150 $1,620,000 $3,396,150
2019 $0 $3,703,500 $583,200 $3,120,300
2018 $0 $2,538,196 $583,200 $1,954,996
2017 $0 $1,434,690 $583,200 $851,490
2016 $147,231 $1,434,690 $583,200 $851,490
2015 -- $1,360,800 $609,120 $751,680
2014 -- $1,311,570 $622,080 $689,490
Source: Public Records

Map

New York Queens County Long Island City 11101 Long Island City

4722 Pearson Place, Long Island City, NY

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