# 48-53 38th Street, Queens

Two-family · built c. 1930 · Block 231, Lot 10.

On Umarelli: https://umarelli.org/nyc/4002310010/48-53-38-street

More construction in Sunnyside (Queens): https://umarelli.org/nyc/queens/sunnyside.md

## 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.

## 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.

## Flood zone

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

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