New York City » 11101 » 54th Ave » 535 54th Ave

5-35 54th Avenue, Long Island City, NY 11101 - Property report

Also known as: 5-15 54th Ave

Property image for 5-35 54th Avenue, Long Island City, NY 11101

Property type

Miscellaneous Warehouse (E9)

Year built

1962

Lot sq. ft.

83,712

Sale price

$6,300,000

General information

Address

Primary address

5-35 54th Avenue

Alternate address(es)

5-15 - 5-43 54th Ave
53-02 Vernon Blvd

ZIP code

11101

Neighborhood

Hunters Point

Borough

Queens

Block & lot

00013-0105

Building

Property type

Miscellaneous Warehouse (E9)

Building sq. ft.

84,760

Building dimensions

839 ft x 144.5 ft

Buildings on lot

Stories

Year built

1962

Last altered

1981

Building material

Sales

Sale date

02/08/2005

Sale price

$6,300,000

Tax

Tax year

2026-2027

Property tax

$509,424

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

173.6 ft x 601 ft

Lot sq. ft.

83,712

Area overview

Walk score

87 /100. Very Walkable

Transit score

100 /100. Rider's Paradise

Bike score

89 /100. Very Bikeable

School district

Community district

Closest police station

0.93 Miles

Closest fire station

0.34 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 5-35 54th Avenue, Long Island City, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 5-35 54th Avenue, Long Island City, NY 11101

Sale date	Sale price	Buyer name	Seller name
02/08/2005	$6,300,000	XXXXXX XXXXXX, XXX.	XXXX XXXXXXXX, XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/01/2026 - R	UCC3 Termination (2026062100027006)	XXXXXX XXXXXX XXX	XXX XXX XXXX XXXXXXX XXX
07/01/2026 - R	Initial UCC1 (2026062100027005)	XXXXXX XXXXXX XXX	XX XXXX X X
07/01/2026 - R 06/10/2026 - D	Termination of Assign of L&R (2026062100027007)	XXX XXX XXXX XXXXXXX XXX	XXXXXX XXXXXX XXX
07/01/2026 - R 06/10/2026 - D	Assignment of Leases and Rents (2026062100027004)	XXXXXX XXXXXX XXX	XX XXXX X X
07/01/2026 - R 06/10/2026 - D	Agreement (2026062100027003)	XXXXXX XXXXXX XXX	XX XXXX X X
07/01/2026 - R 06/10/2026 - D	Mortgage (2026062100027002)	XXXXXX XXXXXX XXX	XX XXXX X X
07/01/2026 - R 05/07/2026 - D	Assignment, Mortgage (2026062100027001)	XXX XXX XXXX XXXXXXX XXX	XX XXXX X X
08/21/2024 - R	UCC3 Assignment (2024082100181002)	XXXXXX XXXXXX XXX	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX
08/21/2024 - R	UCC3 Assignment (2024082100181001)	XXXXXX XXXXXX XXX	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX
08/21/2024 - R 12/14/2023 - D	Asgn of Asgn of L&R (2024082100168004)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXX XXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5-35 54th Avenue, Long Island City, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$509,424

Municipal exemptions

Recent tax assessments

Market value

$11,738,000

Assessed value

$5,282,100

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$10,928,000	$4,917,600	$4,290,840	10.848%	$465,470	$465,470	+6.88%
2024/25	$9,931,000	$4,468,950	$4,046,760	10.762%	$435,512	$435,512	+6.98%
2023/24	$9,817,000	$4,417,650	$3,843,540	10.592%	$407,108	$407,108	+7.43%
2022/23	$9,764,000	$4,393,800	$3,559,680	10.646%	$378,964	$378,964	+9.14%
2021/22	$7,236,000	$3,256,200	$3,228,660	10.755%	$347,242	$347,242	+5.51%
2020/21	$8,216,000	$3,697,200	$3,077,420	10.694%	$329,099	$329,099	+10.55%
2019/20	$7,673,000	$3,452,850	$2,825,147	10.537%	$297,686	$297,686	+12.76%
2018/19	$6,663,000	$2,998,350	$2,510,867	10.514%	$263,993	$263,993	+44.31%
2017/18	$6,086,000	$2,738,700	$1,739,862	10.514%	$240,506	$182,929	+9.00%
2016/17	$6,055,000	$2,724,750	$1,587,161	10.574%	$235,383	$167,826	+11.50%

Permits

Permit information for 5-35 54th Avenue, Long Island City, NY

Filing date	Job type	Job status	Job description	Initial cost
01/09/2014	Alteration type 2
09/13/2005	Alteration type 2
07/26/2005	Alteration type 2
05/17/2005	Alteration type 2
05/17/2005	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	06/23/2024	Earcx-failure to submit eer none
	03/27/2018	Earcx-failure to submit eer
	02/02/2018	Bench-failure to benchmark none

*Most recent DOB violations on record for this property.

Listings

Neighborhood

Queens commercial market stats

Review a detailed real estate market overview of Queens and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Queens and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$458

1.2% Y-o-Y

Q1 2026 median price/sq. ft.

$434

-0.5% Y-o-Y

2025 median price/sq. ft.

$452

4.2% Y-o-Y

Check out recently sold homes in Queens and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Vernon Blvd & 50th Ave at SW Corner

Station lines

Distance (miles)

0.174

View subway map

Access the detailed traffic volume map for 5-35 54th Avenue, Long Island City, NY 11101 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 5-35 54th Avenue, Long Island City, NY

52-37 2nd St, Long Island City 2-07 Borden Ave, Long Island City 2-23 Borden Ave, Long Island City 45-08 Vernon Blvd, Long Island City 45-04 Vernon Blvd, Long Island City 2-03 Borden Ave, Long Island City 2-15 Borden Ave, Long Island City 51-09 2nd St, Long Island City 5-06 51st Ave, Long Island City

Frequently asked questions

What is the year built for 5-35 54th Avenue, Long Island City, NY 11101?

The development at 5-35 54th Avenue, Long Island City, NY 11101 was built in 1962.

What is the market value of 5-35 54th Avenue, Long Island City, NY 11101?

The current market value of 5-35 54th Avenue, Long Island City, NY 11101 is $11,738,000.

What is the total square footage of 5-35 54th Avenue, Long Island City, NY 11101?

5-35 54th Avenue, Long Island City, NY 11101 has a total of 84,760 square feet.

What is the price per square foot for this property?

$74 per square foot is the price for 5-35 54th Avenue, Long Island City, NY 11101.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 7.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.