# 50-02 23rd Street, Queens

Industrial · built c. 1930 · Block 71, Lot 21.

On Umarelli: https://umarelli.org/nyc/4000710021/50-02-23-street

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

Every lot on block 71: https://umarelli.org/nyc/queens/71.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $2,489,400
- 2026–27 tax: $240,148
- Market value (city estimate): $5,532,000
- Taxable value: $2,213,750
- Assessed land: $588,600
- Assessed improvements: $1,900,800

## Zoning

M1-4: floor area ratio 0.66 built, 2.00 allowed by base zoning.

## Flood zone

Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 10 ft (NGVD29). FEMA’s preliminary map: zone X, moderate risk: a 0.2% chance of flooding each year.

## Board and land use applications

- Long Island City BID Expansion (City Planning 2024Q0254): Business improvement district, Completed, filed Feb 2, 2024. An application from the Small Business Services (SBS) on behalf of the Long Island City Business Improvement District (BID) to modify the existing plan and expand the BID in Community Districts 1 and 2 of Queens.

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