# 48-02 48th Avenue, Queens

Commercial · built 2024 · Block 2292, Lot 7.

On Umarelli: https://umarelli.org/nyc/4022920007/48-37-48-street

More construction in Woodside: https://umarelli.org/nyc/queens/woodside.md

## Building permits

- New Building — Non-residential, filed Apr 19, 2022, 5 stories, described as “Application filed to erect a new (5) story building. Application to be reviewed by HUB. Hub consultation took place on 12/09/21. Please assign to Hub for review.”
- Alteration, filed Dec 24, 2025, estimated cost $5K, described as “Temporary installations to be used on a temporary event "East Side Studios - Stage Performance". All the installations are to be removed upon completion of the event.”
- No Work, filed Dec 24, 2025, described as “Temporary Event "EAST END STUDIOS - Stage Performance"”
- No Work, filed May 14, 2025
- No Work, filed May 14, 2025
- Alteration, filed May 13, 2025, estimated cost $486K, described as “Installation of 136.795 kw solar energy system on roof. No change of occupancy, use or egress.”
- Alteration, filed Apr 7, 2025, described as “Installation of two point suspended scaffold for worker access during construction. Two point suspended scaffold shall comply with nycc 2022 chapter 33 . No change in egress, use, or occupancy.”
- Alteration, filed Mar 27, 2025, estimated cost $1K, described as “Installation of pipe scaffolding in accordance with nycc 2022 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed Aug 7, 2024, described as “Installation of two-point suspended scaffold for worker access during construction. Two-point suspended scaffold shall comply with nycc 2022 chapter 33. No change in egress, use, or occupancy.”
- Alteration, filed Aug 6, 2024, estimated cost $1K, described as “Installation of scaffold for worker access during construction. Scaffold shall comply with nycc 2022 chapter 33 . No change in egress, use, or occupancy.”
- Alteration, filed Jul 18, 2024, estimated cost $12K, described as “Use of mini crane construction equipment as per plans filed herewith. This application is filed in conjunction with DOB# Q00704893.”
- Alteration, filed Jul 18, 2024, estimated cost $5K, described as “Use of glass manipulator construction equipment as per plans filed herewith. This application is filed in conjunction with DOB# Q00704893.”
- Alteration, filed Jul 13, 2024, estimated cost $20K, described as “Installation of 7000 lb dual personnel/material hoist car as per plans during construction. Hoist shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Jun 17, 2024, estimated cost $2K, described as “Indirectly illuminated halo lit non-advertising accessory wall sign - stage 1. No change of use, egress or occupancy.”
- Alteration, filed Jun 17, 2024, estimated cost $3K, described as “Non-illuminated non-advertising accessory wall sign - east end studios. No change of use, egress or occupancy.”
- Alteration, filed Jun 17, 2024, estimated cost $2K, described as “Indirectly illuminated halo lit non-advertising accessory wall sign - stage 2. No change of use, egress or occupancy.”
- Alteration, filed Jun 17, 2024, estimated cost $2K, described as “Indirectly illuminated halo lit non-advertising accessory wall sign - stage 3. No change of use, egress or occupancy.”
- Alteration, filed Jun 17, 2024, estimated cost $650, described as “Indirectly illuminated halo lit non-advertising accessory wall sign - east end studios. No change of use, egress or occupancy.”
- Alteration, filed Jun 17, 2024, estimated cost $11K, described as “Non-illuminated non-advertising accessory wall sign - east end studios. No change of use, egress or occupancy.”
- Alteration, filed Jun 17, 2024, estimated cost $21K, described as “Indirectly ill non adv acc wall sign - east end studios. No change of use, egress or occupancy.”
- Alteration, filed Mar 14, 2024, estimated cost $1K, described as “Installation of scaffold for worker access during construction. Scaffold shall comply with nycc 2022 chapter 33 . No change in egress, use, or occupancy.”
- Alteration, filed Aug 21, 2023, estimated cost $5K, described as “Installation of 300 psf sidewalk shed, roof protection and construction fence as per plans. All equipment shall comply with chapter # 33 of the NYC code 2022, no changes in use egress or occupancy under this application.”
- Alteration, filed May 8, 2023, estimated cost $4K, described as “Installation of temporary barricade as per plans. No change in use, egress oroccupancy.”
- Alteration, filed Mar 26, 2023, described as “Installation of temporary plywood fence as per plans. No change in use, egress or occupancy.”
- Alteration, filed Mar 26, 2023, described as “Installation of temporary plywood fence as per plans. No change in use, egress or occupancy.”

16 more, older permits are in this building’s full list on the map: https://umarelli.org/nyc/4022920007/48-37-48-street.

## Property taxes

- Assessment: $23,305,950
- Market value (city estimate): $51,791,000
- Taxable value: $0
- Assessed land: $3,876,750
- Assessed improvements: $19,429,200

## Tax breaks

- IDA PILOT, with no end date.

## Zoning

M1-2: floor area ratio 2.13 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jan 18, 2022: $41,700,000, sold with other lots
- May 14, 2021: $42,000,000, sold with other lots

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

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

## In the news

[Permits Filed for 48-37 48th Street in Sunnyside, Queens](https://newyorkyimby.com/2023/07/permits-filed-for-48-37-48th-street-in-sunnyside-queens.html), New York YIMBY, Jul 14, 2023.

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