55-90 48th Street, Queens
Industrial · built 2022 · Block 2600, Lot 92.
Building permits
- New Building — Non-residential, filed Jul 30, 2021, 2 stories, described as “New two-story Warehouse building with a parking garage. (Related applications: Foundation filed under Q00548307, Structural filed under Q00548456)”
- Alteration, filed Jul 20, 2026, estimated cost $1K, described as “Filing mechanical plans to update AC unit installed and mistakenly omitted from previous filing Q00538865-S1 and obtain COC's. No change in egress, use, or occupancy.”
- Alteration, filed May 15, 2024, estimated cost $2.0M, described as “Installation of photovoltaic solar array on roof incluing allrelated structural work as per plans filed herewith. No changeto use, egress or occupancy.”
- Alteration, filed Apr 1, 2024, estimated cost $49K, described as “Filing herewith for general construction work as per plans submitted. No change in egress use or occupancy.”
- Alteration, filed Feb 2, 2024, estimated cost $1.2M, described as “Filing for structural work related to the modification of the material handling system for Fed Ex. No change in egress, use, or occupancy.”
- Alteration, filed Oct 31, 2023, estimated cost $25K, described as “Filing to Install Perimeter Security Fence - Solar Powered”
- Alteration, filed Apr 13, 2023, estimated cost $280K, described as “Filing for sprinkler modifications in conjunction with the package handling system as per plans submitted.”
- Alteration, filed Mar 28, 2023, estimated cost $15K, described as “Erect an illuminated business accessory wall sign. No change in use, egress, or occupancy.”
- Alteration, filed Mar 28, 2023, estimated cost $660, described as “Erect a non-illuminated business accessory directional sign. No change in use, egress, or occupancy.”
- Alteration, filed Mar 28, 2023, estimated cost $7K, described as “Erect an illuminated business accessory wall sign. No change in use, egress, or occupancy.”
- Alteration, filed Mar 28, 2023, estimated cost $15K, described as “Erect an illuminated business accessory wall sign. No change in use, egress, or occupancy.”
- Alteration, filed Aug 22, 2022, estimated cost $14.0M, described as “Filing for structural work related to the installation of the material handling system for Fed Ex. No change in egress, use, or occupancy.”
- Alteration, filed Jul 5, 2022, described as “Installation of temporary pipe scaffold stair tower as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 19, 2021, estimated cost $1K, described as “Filing to use existing 12' high chain-link fence as construction fence for new building application #Q00538865 as per Section 3307.7 Exception 2. The fence will conform with all requirements set forth in Section 3307.7.4.”
- Alteration, filed Aug 13, 2021, estimated cost $220K, described as “Installation of temporary retaining wall system for surchard wall project. No change in egress, use, or occupancy.”
- Alteration, filed Aug 10, 2021, estimated cost $1K, described as “Filing for plumbing site work in conjunction with civil application #Q00538929 and new building application #Q00538865.”
- Alteration, filed Aug 6, 2021, estimated cost $1K, described as “Filing for civil work in conjunction with NB Q00538865.”
- Alteration, filed Jul 15, 2021, estimated cost $1K, described as “Structural work in conjunction with new building.”
- Alteration, filed Jul 15, 2021, estimated cost $1K, described as “Filing for foundation work in conjunction with new building (Q00538865).”
- Alteration, filed Jun 3, 2021, estimated cost $3.5M, described as “Preloading (aka surcharging) of existing soil in order to pre-emptively remove future settlement and consolidation. An approximately 12 high pile of soil, sloped on the sides at less than a 45 angle, will be placed at grade over a 90,000…”
Property taxes
- Assessment
- $14,700,150
- 2026–27 tax
- $1,535,478
- Market value (city estimate)
- $32,667,000
- Taxable value
- $14,154,480
- Assessed land
- $3,422,250
- Assessed improvements
- $11,277,900
Zoning
M3-1: floor area ratio 0.58 built, 2.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Board and land use applications
- MASPETH 1 SITE SLUDGE PROCESSING (City Planning P1992Q0191): Completed, decided May 5, 1992. SITE SELECTION & ACQUISITION OF PARCELS TO BUILD A SLUDGE*PROCESSING FACILITY AS PART OF THE SLUDGE MANAGEMENT PLAN*ALONG THE WATERFRONT N/E/O THE CONFLUENCE OF NEWTON &*MASPATH CREEKS