# 47-22 Pearson Place, Queens

Industrial · built 1941 · Block 99, Lot 10.

On Umarelli: https://umarelli.org/nyc/4000990010/47-22-pearson-place

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

Every lot on block 99: https://umarelli.org/nyc/queens/99.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $5,464,800
- Market value (city estimate): $12,144,000
- Taxable value: $0
- Assessed land: $1,620,000
- Assessed improvements: $3,844,800

## Tax breaks

- IDA PILOT, with no end date.

## Zoning

M1-4: floor area ratio 1.27 built, 2.00 allowed by base zoning.

## Recent sales

- Apr 12, 2016: $18,500,000

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

- 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