NOT LISTED FOR SALE

911 40th Ave Long Island City, NY 11101

Long Island City Neighborhood

Estimated Value: $5,655,436

-- Bed
-- Bath
5,000 Sq Ft
$1,131/Sq Ft Est. Value

About This Home

This home is located at 911 40th Ave, Long Island City, NY 11101 and is currently estimated at $5,655,436, approximately $1,131 per square foot. 911 40th Ave is a home located in Queens County with nearby schools including P.S. 111 - Jacob Blackwell, I.S. 204 Oliver W. Holmes, and Long Island City High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2016
Sold by
Cva Realty Corp
Bought by
Xtream Realty Holding Llc
Current Estimated Value
$5,655,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,388,445
Interest Rate
3.58%
Mortgage Type
Commercial
Estimated Equity
$3,266,991

Purchase Details

Closed on
Mar 31, 1995
Sold by
Gendler Ben and Gendler Rose
Bought by
Cva Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
9%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Xtream Realty Holding Llc $4,100,000 --
Xtream Realty Holding Llc $4,100,000 --
Cva Realty Corp $180,000 --
Cva Realty Corp $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xtream Realty Holding Llc $3,000,000
Closed Xtream Realty Holding Llc $3,000,000
Previous Owner Cva Realty Corp $140,000
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 $50,076 $605,610 $329,400 $276,210
2024 $50,076 $472,770 $293,400 $179,370
2023 $36,558 $345,150 $227,070 $118,080
2022 $25,757 $290,250 $216,000 $74,250
2021 $24,398 $241,650 $216,000 $25,650
2020 $23,376 $245,250 $225,000 $20,250
2019 $22,483 $219,600 $73,350 $146,250
2018 $21,102 $209,790 $73,350 $136,440
2017 $22,029 $209,520 $73,350 $136,170
2016 $21,641 $209,520 $73,350 $136,170
2015 $9,320 $184,680 $76,590 $108,090
2014 $9,320 $161,820 $78,210 $83,610
Source: Public Records

Map

New York Queens County Long Island City 11101 Long Island City

911 40th Ave, Long Island City, NY

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