10-32 47th Avenue, Queens
Industrial · built c. 1931 · Block 46, Lot 39.
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Building permits
- Alteration, filed Sep 22, 2026, estimated cost $5K, described as “Proposed installation of pipe scaffold for new building as per plans. No change in use occupancy or egress under this application.”
- Alteration, filed Jun 15, 2026, estimated cost $2K, described as “Proposed installation of heavy duty sidewalk shed for new building as per plans. No change in use occupancy or egress under this application. Live load 300 per square feet. Sidewalk shed shall comply with chapter # 33 of the 2022 code.”
- Alteration, filed Oct 14, 2025, estimated cost $3K, described as “Installation of a temporarily heavy-duty sidewalk shed per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Oct 10, 2025, estimated cost $45K, described as “Proposed partial demolition of ex. 2 story building, exterior wall, bearing wall, floor joists, staircase and posts to be removed. Existing foundation walls and footings to remain.”
- Alteration, filed Aug 19, 2025, estimated cost $3K, described as “Proposed temporary construction fence work at osp. Outside of front property line and extending beyond 3 feet of property line. And install at rear property line. In conjunction with alt-co application #Q01266280-I1.”
- Major Renovation — Conversion, filed Aug 15, 2025, estimated cost $5.4M, 19 units added, 5 stories, described as “Convert existing 2 story building to 5 story residential use building with horizontal and vertical enlargement. Obtain new certificate of occupancy.”
Property taxes
- Assessment
- $400,050
- 2026–27 tax
- $41,269
- Market value (city estimate)
- $889,000
- Taxable value
- $380,430
- Assessed land
- $236,250
- Assessed improvements
- $163,800
Zoning
M1-4/R6B: floor area ratio 1.00 built, 2.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard. FEMA’s preliminary map: zone X, moderate risk: a 0.2% chance of flooding each year.
Recent sales
- Jul 29, 2025: $5,600,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.