10-55 47th Avenue, Queens
Condominium · 43 units · built c. 1920 · Block 47, Lot 7501.
Building permits
- Alteration, filed Nov 29, 2024, estimated cost $15K, described as “Install remedial Helical pins through brick veneer into cold steel framing back up to make up for the deficiency reported in the LL11 Report cycle 8 A. No change in egress, use or occupancy of the building.”
Property taxes
- Assessment
- $4,662,904
- 2026–27 tax
- $425,912
- Market value (city estimate)
- $10,362,008
- Taxable value
- $3,884,484
- Assessed land
- $229,505
- Assessed improvements
- $4,433,399
- Condo units with their own tax lots
- 43
Tax breaks
- Co-op and condo abatement, with no end date, a $57,279 credit this tax year.
Zoning
M1-4/R7A (part of the lot is M1-4/R6B): floor area ratio 3.63 built, 4.00 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
- Oct 16, 2025: $1,485,000, Apt 5E
- Sep 26, 2025: $1,630,000, Apt 7F
- May 30, 2025: $995,000, Apt 3H
- Sep 19, 2024: $1,120,000, Apt 1C
- Jul 10, 2024: $1,600,000, Apt 6E
- Jul 6, 2023: $1,412,500, Apt 2C
- Jun 23, 2023: $950,000, Apt 4H
- Jul 21, 2022: $1,766,000, Apt 6F
- May 25, 2022: $990,000, Apt 4F
- Mar 25, 2022: $890,000, Apt 5A
The 10 most recent of 26 open-market sales since 2016, from the Department of Finance’s sales files.