205-05 48th Avenue, Queens
Two-family · built c. 1925 · Block 7319, Lot 21.
Building permits
- Major Renovation — Residential, filed Apr 23, 2025, estimated cost $1.5M, 2 units in all, 3 stories, described as “Herewith filed vertical and horizontal enlargement to existing 2-family house and meet with NB requirements. To obtain new c of o.”
Property taxes
- Assessment
- $78,360
- 2026–27 tax
- $7,780
- Market value (city estimate)
- $1,306,000
- Taxable value
- $39,209
- Assessed land
- $14,640
- Assessed improvements
- $63,720
Zoning
R3-1: floor area ratio 0.36 built, 0.75 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Sep 19, 2017: $950,000
- Mar 29, 2017: $598,000
Open-market sales since 2016, from the Department of Finance’s sales files.