48-53 38th Street, Queens
Two-family · built c. 1930 · Block 231, Lot 10.
Building permits
- New Building — Multi-Family, filed Apr 16, 2024, estimated cost $1.5M, 3 units, 3 stories, described as “Proposed 3-Story, 3-Family, Residential Building with Two Parking Spaces Carport at Cellar and One Parking Space.”
- Alteration, filed Apr 3, 2023, estimated cost $3K, described as “Temporary construction plywood fence filed in conjucntion with NB. Q00718262.”
Property taxes
- Assessment
- $83,040
- 2026–27 tax
- $7,312
- Market value (city estimate)
- $1,384,000
- Taxable value
- $50,492
- Assessed land
- $13,440
- Assessed improvements
- $69,600
Tax breaks
- Solar abatement, through Jun 30, 2029, a $2,708 credit this tax year.
Zoning
R5: floor area ratio 0.70 built, 1.50 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Oct 30, 2017: $1,545,000, 2,280 sq ft ($678 per sq ft)
Open-market sales since 2016, from the Department of Finance’s sales files.