# 5-01 47th Road, Queens

Condominium · 8 units · built 2022 · Block 29, Lot 7510.

On Umarelli: https://umarelli.org/nyc/4000297510/5-01-47-road

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

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $1,227,151
- 2026–27 tax: $92,207
- Market value (city estimate): $2,727,000
- Taxable value: $1,104,191
- Assessed land: $148,500
- Assessed improvements: $1,078,651
- Condo units with their own tax lots: 9

## Tax breaks

- Co-op and condo abatement, with no end date, a $15,729 credit this tax year.

## Zoning

M1-4/R6A: floor area ratio 3.54 built, above the 3.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Aug 28, 2026: $1,250,000, Apt C1
- Sep 23, 2024: $880,786, Apt 2A
- Aug 30, 2024: $845,148, Apt 4A
- Aug 20, 2024: $1,308,451, Apt 1B
- Aug 15, 2024: $1,250,000, Apt 2B
- Aug 14, 2024: $2,141,380, Apt 4B
- Aug 2, 2024: $834,965, Apt 3A
- Jul 30, 2024: $1,282,995, Apt 3B
- Jul 18, 2024: $595,000, Apt 1A

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year.

## In the news

[Permits Filed for 5-01 47th Road in Long Island City, Queens](https://newyorkyimby.com/2020/12/permits-filed-for-5-01-47th-road-in-long-island-city-queens.html), New York YIMBY, Dec 3, 2020.

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