1-50 50th Avenue, Queens
Condominium · 619 units · built 2013 · Block 6, Lot 7502.
Building permits
- Alteration, filed Mar 19, 2026, described as “Installation of industrial rope access for facade and local law inspection”
- Alteration, filed Jun 4, 2025, described as “FISP INSPECTION (Facade Inspection Safety Program)INDUSTRIAL ROPE ACCESS TECHNIQUES ANDMETHODSSEE ATTACHED PLANSDesignated Primary Site supervisor: Jesus Decola”
- Alteration, filed Jun 20, 2019, estimated cost $55K, described as “Installing new starry telecommunications site. Installing (2) equipment cabinets, (4) antenna sectors and (2) microwave dishes on the roof. All in conformance with tppn 5/98. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $54,545,400
- 2026–27 tax
- $100,607
- Market value (city estimate)
- $121,212,000
- Taxable value
- $3,548,091
- Assessed land
- $2,162,250
- Assessed improvements
- $52,383,150
- Condo units with their own tax lots
- 5
Tax breaks
- Article XI exemption, through Jun 30, 2027, about $6,284,228 a year below the full tax.
Zoning
R10: floor area ratio 11.42 built, above the 10.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year. FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 11 ft (NAVD88).