44-64 45th Avenue, Queens
Industrial · built 1953 · Block 24, Lot 1.
Building permits
- New Building — Mid-Rise, filed Jul 17, 2026, 82 units, 15 stories, described as “Proposed 15 story residential building”
- Alteration, filed Oct 22, 2026, estimated cost $4K, described as “Installation of temporary roof protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 22, 2026, estimated cost $4K, described as “Installation of temporary overhead protection as per plans. No change in use, egress or occupancy.”
- Demolition, filed Jun 30, 2026, estimated cost $150K, described as “Full demolition to a two story building”
Property taxes
- Assessment
- $792,900
- 2026–27 tax
- $73,414
- Market value (city estimate)
- $1,762,000
- Taxable value
- $676,750
- Assessed land
- $380,250
- Assessed improvements
- $412,650
Zoning
M1-5A/R8: floor area ratio 1.12 built, 6.02 allowed by base zoning.
Flood zone
Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 10 ft (NGVD29). FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 12 ft (NAVD88).
Recent sales
- Jun 25, 2026: $15,500,000, 15,800 sq ft ($981 per sq ft)
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- Long Island City Neighborhood Plan (City Planning 2024Q0304): Zoning map change, Zoning text change, Urban development action area, Completed, filed Apr 18, 2025, decided Nov 12, 2025. In coordination with its agency partners, DCP is leading a neighborhood study in Long Island City that focuses on areas adjacent to the Special Long Island City Mixed Use District, including the waterfront. This plan seeks to increase the…
- Long Island City Neighborhood Rezoning - Mapping (City Planning 2024Q0424): City map change, Completed, filed Feb 20, 2025, decided Nov 12, 2025. In conjunction with the Long Island City Neighborhood Plan, the Department of City Planning proposes amendments to the City Map to eliminate, discontinue and close certain streets, establish new streets, and adjust the width of other…
- Long Island City BID Expansion (City Planning 2024Q0254): Business improvement district, Completed, filed Feb 2, 2024. An application from the Small Business Services (SBS) on behalf of the Long Island City Business Improvement District (BID) to modify the existing plan and expand the BID in Community Districts 1 and 2 of Queens.
In the news
Rendering Revealed For Vernon Point at 44-68 Vernon Boulevard in Long Island City, Queens, New York YIMBY, Jul 12, 2026.