5-22 49th Avenue, Queens

Apartment building · 29 units · built 2022 · Block 32, Lot 35.

Building permits

Property taxes

Assessment
$3,328,650
2026–27 tax
$24,214
Market value (city estimate)
$7,397,000
Taxable value
$194,663
Assessed land
$528,300
Assessed improvements
$2,800,350

Tax breaks

Zoning

M1-4/R6B: floor area ratio 2.52 built, above the 2.00 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.

Recent sales

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

In the news

Exterior Work Finishes on 5-22 49th Avenue in Long Island City, Queens, New York YIMBY, Jun 3, 2024.

More construction in Long Island City

Umarelli: construction in New York City and Jersey City