Queens  »  11101  »  5th St  »  5017 5th St

50-17 5th Street, Long Island City, NY 11101 - Property report

Also known as: 50-17 5th St

Property image for 50-17 5th Street, Long Island City, NY 11101
static Mapbox map

Property type

Primarily Five to Six Family with One Store or Office (S5)

Year built

1960

Lot sq. ft.

7,500

Sale price

$2,000,000

General information

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Address
Primary address
50-17 5th Street
Alternate address(es)
5-01 - 5-11 51st Ave
ZIP code
11101
Neighborhood
Hunters Point
Borough
Queens
Block & lot
00033-0021

Owner

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Building
Property type
Primarily Five to Six Family with One Store or Office (S5)
Building sq. ft.
16,500
Building dimensions
100 ft x 50 ft
Buildings on lot
1
Stories
3
Year built
1960
Last altered
2009
Building material
Sales
Sale date
09/10/2024
Sale price
$2,000,000
Tax
Tax year
2026-2027
Property tax
$104,170
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
5
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
125 ft x 100 ft
Lot sq. ft.
7,500

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
84 /100.  Very Bikeable
School district
30
Community district
2
Closest police station
1.08 Miles
Closest fire station
0.26 Miles

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

Ownership information for 50-17 5th Street, Long Island City, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 50-17 5th Street, Long Island City, NY 11101

Sale date Sale price Buyer name Seller name
09/10/2024 $2,000,000 XXX X+X XXX XXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/23/2024 - R
09/10/2024 - D
Deed
(2024091900918001)
XXXX XXX XXX XX XXX
06/03/2019 - R UCC3 Termination
(2019053101028001)
XXX XXXXX XXX XXXXXX XXXXXX XXXX
06/05/2019 - R
02/19/2019 - D
Termination of Assign of L&R
(2019053101036002)
XXXXXX XXXXXX XXXX XXX XXXXX XXX
06/05/2019 - R
02/19/2019 - D
Satisfaction of Mortgage
(2019053101036001)
XXX XXXX XXX XXXXXX XXXXXX XXXX
07/26/2017 - R UCC3 Continuation
(2017072400200001)
XXX XXXX X XXXXXX XXXXXX XXXX
10/07/2014 - R
08/22/2014 - D
Deed
(2014092501420001)
XXX XXXXX XXX XXXX XXX
12/03/2013 - R
10/09/2013 - D
Agreement
(2013103000933001)
XXXXXX XXXXXX XXXX XXX XXXXX X
08/21/2012 - R UCC3 Continuation
(2012071300872001)
XXX XXXXX X XXXXXX XXXXXX XXXX
06/14/2007 - R UCC3 Continuation
(2007043001907001)
XXX XXXXX X XXXXXX XXXXXX XXXX
11/26/2002 - R Assignment, Mortgage
(4250008986025)
XXX XXXXX XXX XXXXXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 50-17 5th Street, 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
$104,170
Municipal exemptions
Recent tax assessments
Market value
$1,861,000
Assessed value
$837,450

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 $2,284,000 $1,027,800 $710,370 10.848% $77,061 $77,061 +19.91%
2024/25 $2,018,000 $908,100 $597,150 10.762% $64,265 $64,265 +20.53%
2023/24 $1,783,000 $802,350 $503,370 10.592% $53,317 $53,317 +15.83%
2022/23 $963,000 $433,350 $432,360 10.646% $46,029 $46,029 +12.55%
2021/22 $845,000 $380,250 $380,250 10.755% $40,896 $40,896 -11.53%
2020/21 $1,026,000 $461,700 $432,270 10.694% $46,227 $46,227 +6.85%
2019/20 $976,000 $439,200 $410,577 10.537% $43,262 $43,262 +5.05%
2018/19 $994,000 $447,300 $391,677 10.514% $41,181 $41,181 +5.53%
2017/18 $933,000 $419,850 $371,157 10.514% $39,023 $39,023 +2.57%
2016/17 $874,000 $393,300 $359,817 10.574% $38,047 $38,047 +4.76%

Permit information for 50-17 5th Street, Long Island City, NY

Filing date Job type Job status Job description Initial cost
06/20/2025 Alteration
12/30/2024 Alteration CO
02/27/2020 Alteration
08/05/2009 Alteration type 3
08/05/2009 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
02/24/2017 Lblvio-low pressure boiler
07/06/2009 Egncy-emergency

*Most recent DOB violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
Vernon Blvd & 50th Ave at SW Corner
Station lines
7
Distance (miles)
0.106

Access the detailed traffic volume map for 50-17 5th Street, 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

Frequently asked questions

What is the year built for 50-17 5th Street, Long Island City, NY 11101?

The development at 50-17 5th Street, Long Island City, NY 11101 was built in 1960.

What is the market value of 50-17 5th Street, Long Island City, NY 11101?

The current market value of 50-17 5th Street, Long Island City, NY 11101 is $1,861,000.

What is the total square footage of 50-17 5th Street, Long Island City, NY 11101?

50-17 5th Street, Long Island City, NY 11101 has a total of 16,500 square feet.

What is the price per square foot for this property?

$121 per square foot is the price for 50-17 5th Street, Long Island City, NY 11101.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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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.

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