47 Avenue, Queens
Parking · Block 28, Lot 10.
Building permits
- New Building — Mid-Rise, filed Aug 18, 2026, 75 units, 12 stories, described as “Hub consultation meeting held and accepted on 8/14/26 with dbc rami bitar. Propose new 12-story multi-family residential building as per plan. Obtain new c of o.”
Property taxes
- Assessment
- $153,900
- 2026–27 tax
- $16,695
- Market value (city estimate)
- $342,000
- Taxable value
- $153,900
- Assessed land
- $153,900
Zoning
M1-3A/R7X: floor area ratio 0.00 built, 5.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year.
Recent sales
- Apr 21, 2026: $6,400,000, sold with other lots
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…