# 48-15 11th Street, Queens

Condominium · 72 units · built 2007 · Block 61, Lot 7501.

On Umarelli: https://umarelli.org/nyc/4000617501/48-15-11-street

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

Every lot on block 61: https://umarelli.org/nyc/queens/61.md

## Building permits

- Alteration, filed Jul 10, 2026, described as “Outriggers system installation for facade repairs. No change in use, egress, or occupancy.”
- Alteration, filed Jun 18, 2026, estimated cost $17K, described as “Proposed installation of a temporary sidewalk shed as per plans submitted. Work shall comply with 2022 building codes, chapter 33. No change in use, egress, or occupancy.”
- Alteration, filed Mar 24, 2026, estimated cost $207K, described as “Facade restoration as shown on plans filed herewith. No change in egress, use, or occupancy.”
- Alteration, filed Dec 11, 2019, estimated cost $6K, described as “Apply new mechanical system at apt.2D of existing 12 story building with mechanical work only. No change in use egress or certificate of occupancy.”
- Alteration, filed Aug 15, 2018, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy.sidewalk shed shall comply with chapter #33 of the NYC building code.live load 300PSF.”

## Property taxes

- Assessment: $7,448,178
- 2026–27 tax: $761,184
- Market value (city estimate): $16,551,475
- Taxable value: $6,699,226
- Assessed land: $401,866
- Assessed improvements: $7,046,312
- Condo units with their own tax lots: 124

## Tax breaks

- Co-op and condo abatement, with no end date, a $64,660 credit this tax year.

## Zoning

M1-5/R7X: floor area ratio 5.62 built, above the 5.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Dec 20, 2024: $45,000, Apt GA24
- Dec 16, 2024: $1,350,000, Apt 4B
- Nov 30, 2023: $960,000, Apt 6A, sold with other lots
- Nov 30, 2023: $100,000, Apt GA3
- Nov 22, 2023: $900,000, Apt 5C
- Aug 17, 2023: $950,000, Apt 7G
- Jul 7, 2023: $950,000, Apt 10E
- Jul 22, 2022: $982,500, Apt 3A
- Jul 20, 2022: $935,000, Apt 6G
- Jun 24, 2022: $980,000, Apt 8G

The 10 most recent of 39 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- 11-55 49th Avenue Rezoning (City Planning P2013Q0443): Completed, decided Aug 4, 2014. Application for a zoning map amendment from M1-4 to LIC M1-5/R7X and a zoning text amendment to modify Section 117-00 Appendix to include the site in the LIC District boundary and allow unenclosed sidewalk cafes on 49th Avenue between 11th…

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