# 5-11 47th Avenue, Queens

Apartment building · 188 units · built 2014 · Block 28, Lot 21.

On Umarelli: https://umarelli.org/nyc/4000280021/5-11-47-avenue

More construction in Long Island City: https://umarelli.org/nyc/queens/long-island-city.md

Every lot on block 28: https://umarelli.org/nyc/queens/28.md

## Building permits

- Alteration, filed Dec 11, 2018, described as “Installation of heavy duty sidewalk shed as per plans. No change in use, egress or occupancy.”

## Property taxes

- Assessment: $17,437,500
- 2026–27 tax: $1,588,046
- Market value (city estimate): $38,750,000
- Taxable value: $12,766,668
- Assessed land: $1,170,000
- Assessed improvements: $16,267,500

## Tax breaks

- 421-a exemption, through Jun 30, 2027, about $385,265 a year below the full tax.

## Zoning

M1-5A/R8: floor area ratio 7.20 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.

## 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 11 ft (NAVD88).

## 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…

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology