New York City » 11101 » 50th Ave » 524 50th Ave

5-24 50th Avenue, Long Island City, NY 11101 - Property report

Also known as: 5-24 50th Ave

Property image for 5-24 50th Avenue, Long Island City, NY 11101

Property type

Four Families (C3)

Year built

1901

Lot sq. ft.

2,500

Sale price

$955,000

General information

Address

Primary address

5-24 50th Avenue

ZIP code

11101

Neighborhood

Hunters Point

Borough

Queens

Block & lot

00033-0035

Building

Property type

Four Families (C3)

Building sq. ft.

4,428

Building dimensions

25 ft x 60 ft

Buildings on lot

Stories

Year built

1901

Last altered

2016

Building material

Masonry

Sales

Sale date

11/16/2011

Sale price

$955,000

Tax

Tax year

2026-2027

Property tax

$26,048

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

50 Avenue (wide)

Distance to wide street

Lot dimensions

25 ft x 100 ft

Lot sq. ft.

2,500

Area overview

Walk score

97 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

84 /100. Very Bikeable

School district

Community district

Closest police station

1.09 Miles

Closest fire station

0.23 Miles

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

Ownership

Ownership information for 5-24 50th 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 5-24 50th Avenue, Long Island City, NY 11101

Sale date	Sale price	Buyer name	Seller name
11/16/2011	$955,000	X-XX XXX	XXXXX, XXXXXXX
03/12/2007	$325,000	XX;XXX, XXXXXXX	XXXXX, XXXXXXX XXX XXXXX, XXXXXXX XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/01/2024 - R	UCC3 Amendment (2024040100194001)	XXX XXX	XXXXXX XXXXXXXX XXXX
03/02/2023 - R	UCC3 Continuation (2023030200747001)	XXX XXX	XXXXXX XXXXXXXX XXXX
06/14/2018 - R	Initial UCC1 (2018061300219005)	XXX XXX	XXXXXX XXXXXXXX XXXX
06/14/2018 - R 06/08/2018 - D	Assignment of Leases and Rents (2018061300219004)	XXX XXX	XXXXXX XXXXXXXX XXXX
06/14/2018 - R 06/08/2018 - D	Agreement (2018061300219003)	XXX XXX	XXXXXX XXXXXXXX XXXX
06/14/2018 - R 06/08/2018 - D	Mortgage (2018061300219002)	XXX XXX	XXXXXX XXXXXXXX XXXX
06/14/2018 - R 05/31/2018 - D	Assignment, Mortgage (2018061300219001)	XXXXXXXX XXXXXXX XXXX XXX	XXXXXX XXXXXXXX XXXX
12/28/2011 - R 12/12/2011 - D	Satisfaction of Mortgage (2011121300866001)	XXXXX XXXXXXX X	XXXXXXXX XXXXX XXXX X X
12/01/2011 - R 11/16/2011 - D	Mortgage (2011112200642002)	XXX XXX	XXXXXXXX XXXXXXX XXXX XXX
12/01/2011 - R 11/16/2011 - D	Deed (2011112200642001)	XXXXX XXXXXXX	XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5-24 50th 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

$26,048

Municipal exemptions

Recent tax assessments

Market value

$1,251,000

Assessed value

$562,950

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	$1,405,000	$632,250	$193,893	12.439%	$24,118	$24,118	+7.47%
2024/25	$1,254,000	$564,300	$179,531	12.5%	$22,441	$22,441	+7.98%
2023/24	$1,350,000	$607,500	$166,234	12.502%	$20,783	$20,783	+1.92%
2022/23	$1,125,000	$506,250	$166,234	12.267%	$20,392	$20,392	+3.47%
2021/22	$1,323,000	$595,350	$161,081	12.235%	$19,708	$19,708	+7.72%
2020/21	$1,450,000	$652,500	$149,149	12.267%	$18,296	$18,296	+6.22%
2019/20	$1,291,000	$580,950	$138,101	12.473%	$17,225	$17,225	+6.81%
2018/19	$1,096,000	$493,200	$127,872	12.612%	$16,127	$16,127	+148.35%
2017/18	$1,105,000	$66,300	$31,856	20.385%	$6,494	$6,494	+8.04%
2016/17	$1,086,000	$65,160	$30,067	19.991%	$6,011	$6,011	+2.27%

Permits

Permit information for 5-24 50th Avenue, Long Island City, NY

Filing date	Job type	Job status	Job description	Initial cost
04/10/2017	Alteration type 3
10/21/2015	Alteration type 3
08/17/2015	Alteration type 3
07/11/2014	Alteration type 2
07/11/2014	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	05/06/2026	A
	06/11/2025	A
	11/29/2024	I

*Most recent HPD violations on record for this property.

Neighborhood

Hunters Point, Sunnyside, West Maspeth residential market stats

Access a detailed real estate market overview of Hunters Point, Sunnyside, West Maspeth so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Hunters Point, Sunnyside, West Maspeth and compare it to other neighborhoods in Queens.

Median sale price

—

Median price/sq. ft.

—

Queens median sale price

$595,000

1.7% 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

0.2

Hurricane evacuation zones

Subway & traffic

Closest station

Vernon Blvd & 50th Ave at SW Corner

Station lines

Distance (miles)

0.071

View subway map

Access the detailed traffic volume map for 5-24 50th 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 78	8	Yes	Public	PK, K-8	725	0.17
P.S. 78	8	Yes	Public	PK, K-8	725	0.17
Hunters Point Elementary School	7	No	Public	PK, K-4	302	0.39
Hunters Point Elementary School	7	No	Public	PK, K-4	302	0.39
Queens Paideia School	NR	No	Private		28	0.71
Evangel Christian School	NR	No	Private	PK-12	437	0.73
Evangel Christian School	NR	No	Private	PK-12	437	0.73
Lagcc Early Childhood Learning	NR	No	Private	PK, K-3	0	0.89
Lagcc Early Childhood Learning	NR	No	Private	PK, K-3	0	0.89
River School (The)	8	No	Public	PK, K-5	459	0.89

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Is 204 Oliver W Holmes	4	Yes	Public	6-8	341	1.54
P.S. 78	8	No	Public	PK, K-8	725	0.17
Hunters Point Community Middle	6	No	Public	6-8	365	0.20
Queens Paideia School	NR	No	Private		28	0.71
Evangel Christian School	NR	No	Private	PK-12	437	0.73
Aaron School	NR	No	Private	K-12	169	0.97
Aaron School K - 12	NR	No	Private	K-12	185	0.98
Robert F Wagner Junior Secondary School-Arts and Technology	7	No	Public	6-12	611	1.00
British International School of NY	NR	No	Private	PK, K-8	0	1.02

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Academy for Careers In Television and Film	7	No	Public	9-12	540	0.20
Information Technology High School	4	No	Public	9-12	823	0.61
Queens Paideia School	NR	No	Private		28	0.71
Evangel Christian School	NR	No	Private	PK-12	437	0.73
Aaron School	NR	No	Private	K-12	169	0.97
Aaron School K - 12	NR	No	Private	K-12	185	0.98
High School Of Applied Communications	5	No	Public	9-12	362	0.99
Academy of Finance and Enterprise	8	No	Public	9-12	905	0.99
Bard High School Early College Queens	8	No	Public	9-12	671	0.99
Robert F Wagner Junior Secondary School-Arts and Technology	7	No	Public	6-12	611	1.00

Neighbors for 5-24 50th Avenue, Long Island City, NY

Frequently asked questions

What is the year built for 5-24 50th Avenue, Long Island City, NY 11101?

The development at 5-24 50th Avenue, Long Island City, NY 11101 was built in 1901.

What is the total square footage of 5-24 50th Avenue, Long Island City, NY 11101?

5-24 50th Avenue, Long Island City, NY 11101 has a total of 4,428 square feet.

When was 5-24 50th Avenue, Long Island City, NY 11101 last sold and what was the sale price?

5-24 50th Avenue, Long Island City, NY 11101 was last sold on 11/16/2011 for $955,000.

What is the assessed value of 5-24 50th Avenue, Long Island City, NY 11101?

5-24 50th Avenue, Long Island City, NY 11101 is currently assessed at $562,950.

What are the property taxes for 5-24 50th Avenue, Long Island City, NY 11101?

The property taxes for 5-24 50th Avenue, Long Island City, NY 11101 total $26,047.

How many residential units does this building have?

This building has 4 residential unit(s).

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.