# 48-00 Grand Avenue, Queens

Industrial · built c. 1930 · Block 2611, Lot 110.

On Umarelli: https://umarelli.org/nyc/4026110110/48-00-grand-avenue

More construction in Maspeth: https://umarelli.org/nyc/queens/maspeth.md

## Building permits

- Alteration, filed May 26, 2022, estimated cost $25K, described as “Restoration of curb per plans filed herewith”
- Alteration, filed Nov 15, 2021, estimated cost $937K, described as “Modification of exterior plumbing to connect proposed building to existing sanitary main.”
- Alteration, filed Jun 30, 2021, estimated cost $5K, described as “Installation of construction fence as per plans.construction fence shall comply with chapter #33 of the 2014 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Apr 30, 2021, estimated cost $300K, described as “Removal of (4) radio towers.”
- Major Renovation — Non-residential, filed Mar 15, 2021, estimated cost $5.2M, 1 story, described as “General Construction on the ground floor as per plans filed herewith.”
- Alteration, filed Mar 15, 2021, estimated cost $5.0M, described as “Foundation modifications as per plans filed herewith.”
- Alteration, filed Mar 15, 2021, estimated cost $541K, described as “Mechanical modification on the ground floor as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Mar 15, 2021, estimated cost $364K, described as “Sprinkler modification on the ground floor as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Mar 15, 2021, estimated cost $91K, described as “Standpipe modification on ground floor as per plans filed herewith. No change to use, egress, or occupancy.”
- Alteration, filed Mar 15, 2021, estimated cost $398K, described as “Plumbing modification on the ground floor as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Mar 12, 2021, estimated cost $2.7M, described as “Structural modification on the ground floor as per plans filed herewith.”

## Property taxes

- Assessment: $8,146,350
- 2026–27 tax: $203,510
- Market value (city estimate): $18,103,000
- Taxable value: $7,939,440
- Assessed land: $1,642,500
- Assessed improvements: $6,503,850

## Tax breaks

- ICAP abatement, through Jun 30, 2048, a $657,761 credit this tax year.

## Zoning

M3-1: floor area ratio 0.25 built, 2.00 allowed by base zoning.

## Recent sales

- Nov 13, 2020: $51,000,000, 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.

## Board and land use applications

- DEP Newtown Creek CSO Tunnel (City Planning 2025Y0129): Completed, filed Aug 12, 2025, decided Mar 26, 2026. Site selections and acquisitions to facilitate a new Combined Sewer Overflow Tunnel connecting outfalls along Newtown Creek, is being sought by Department of Environmental Protection in the Hunters Point, Maspeth, Greenpoint, and…

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