Queens  »  11101  »  54th Ave  »  502 54th Ave

5-02 54th Avenue, Long Island City, NY 11101 - Property report

Also known as: 5-02 54th Ave

Property image for 5-02 54th Avenue, Long Island City, NY 11101
static Mapbox map

Property type

All Parking Garages (G1)

Year built

1940

Lot sq. ft.

30,104

Sale price

$2,686,501

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
5-02 54th Avenue
Alternate address(es)
5-02 - 5-04 54th Ave
ZIP code
11101
Neighborhood
Hunters Point
Borough
Queens
Block & lot
00036-0075

Owner

Find out who owns 5-02 54th Avenue, Long Island City, NY 11101. Uncover corporate and individual owners with a free account.

Building
Property type
All Parking Garages (G1)
Building sq. ft.
7,300
Building dimensions
50 ft x 100 ft
Buildings on lot
1
Stories
1
Year built
1940
Building material
Sales
Sale date
09/23/2016
Sale price
$2,686,501 - M
Tax
Tax year
2026-2027
Property tax
$122,313
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
85.48 ft x 247.5 ft
Lot sq. ft.
30,104

Area overview

Walk score
85 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
88 /100.  Very Bikeable
School district
30
Community district
2
Closest police station
0.90 Miles
Closest fire station
0.41 Miles

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

Ownership

Ownership information for 5-02 54th Avenue, Long Island City, NY

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

Sales history for 5-02 54th Avenue, Long Island City, NY 11101

Sale date Sale price Buyer name Seller name
09/23/2016 $2,686,501 X-XX XX XXX XXX XXX XXXXXXXX X, XXX XXX XXXXXXX XXXXXX X, XXX XXX XXXXXXX XXXXXX X, XXX XXXXXXXXXX XXXXXXXX XXXXX, XXX
04/15/2016 $9,990,000 X-XX XX XXX XXX XXXXXXXX X, XXX XXX XXXXXXX XXXXXX X, XXX XXX XXXXXXXXXX XXXXXXXX XXXXX, XXX XXX XXXXXXX XXXXXX X, XXX
07/07/2004 $1,155,000 XXXXXXX XXXXXXXXXX, XXX XXX XXXXXXX XXXXXXXXXX, XXX XXXXXXX XXXXXXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/09/2016 - R
09/23/2016 - D		 Agreement
(2016110200006001)		 XXX XXXXXXXX X XXX XXXXX XXXXXXX XXX
11/01/2016 - R
09/23/2016 - D		 Agreement
(2016092500008004)		 XXX XXXXXXXX X XXX XXX XX XXX
11/01/2016 - R
09/23/2016 - D		 Deed
(2016092500008002)		 XXXXXXXXXX XXXXXXXX XXXXX XXX XXX XX XXX
05/03/2016 - R
04/15/2016 - D		 Agreement
(2016042000065009)		 XXX XXXXXXXX X XXX XXXXX XXXXXXX XXX
05/03/2016 - R
04/15/2016 - D		 Mortgage
(2016042000065008)		 XXX XXXXXXXX X XXX XXXXX XXXXXXX XXX
05/03/2016 - R
04/15/2016 - D		 Assignment, Mortgage
(2016042000065007)		 XXXX XX XXXXXXXXX XXXXX XXXXXXX XXX
05/03/2016 - R
04/15/2016 - D		 Agreement
(2016042000065005)		 XXX XXXXXXXX X XXX XXX XX XXX
05/03/2016 - R
04/15/2016 - D		 Deed
(2016042000065003)		 XXX XXXXXXXX X XXX XXX XX XXX
12/28/2015 - R
12/10/2015 - D		 Deed
(2015121601027001)		 XXXXXXX XXXXXXXXXX XX XXX XXXXXXXX X XXX
08/21/2008 - R
08/01/2008 - D		 Agreement
(2008081200582001)		 XXXXXXX XXXXXXXXXX XXX XXXX XX XXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5-02 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
$122,313
Municipal exemptions
Recent tax assessments
Market value
$2,540,000
Assessed value
$1,143,000

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 $2,515,000 $1,131,750 $1,098,920 10.848% $119,211 $119,211 -3.32%
2024/25 $2,546,000 $1,145,700 $1,145,700 10.762% $123,300 $123,300 -1.60%
2023/24 $2,629,000 $1,183,050 $1,183,050 10.592% $125,309 $125,309 +13.82%
2022/23 $2,298,000 $1,034,100 $1,034,100 10.646% $110,090 $110,090 -23.15%
2021/22 $2,960,000 $1,332,000 $1,332,000 10.755% $143,257 $143,257 -9.25%
2020/21 $3,983,000 $1,792,350 $1,476,180 10.694% $157,863 $157,863 +21.64%
2019/20 $3,379,000 $1,520,550 $1,231,650 10.537% $129,779 $129,779 +18.52%
2018/19 $3,105,000 $1,397,250 $1,041,480 10.514% $109,501 $109,501 +18.89%
2017/18 $2,979,000 $1,340,550 $875,970 10.514% $92,099 $92,099 +23.98%
2016/17 $2,956,000 $1,330,200 $702,540 10.574% $74,287 $74,287 +23.70%
Permits

Permit information for 5-02 54th Avenue, Long Island City, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
04/06/2018 Lblvio-low pressure boiler

*Most recent DOB violation on record for this property.

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

Property location map
FEMA flood zones
AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
Vernon Blvd & 50th Ave at SW Corner
Station lines
7
Distance (miles)
0.242
View subway map

Access the detailed traffic volume map for 5-02 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 5-02 54th Avenue, Long Island City, NY

51-04 Vernon Blvd, Long Island City 5-52 51st Ave, Long Island City 10-41 51st Ave, Long Island City 5-42 51st Ave, Long Island City 53-01 Vernon Blvd, Long Island City 51-10 Vernon Blvd, Long Island City 10-35 51st Ave, Long Island City 10-31 51st Ave, Long Island City 5-50 51st Ave, Long Island City 10-39 51st Ave, Long Island City 10-37 51st Ave, Long Island City 10-27 51st Ave, Long Island City 5-48 51st Ave, Long Island City 10-30 Jackson Ave, Long Island City 51-06 Vernon Blvd, Long Island City 51-02 Vernon Blvd, Long Island City 5-46 51st Ave, Long Island City 5-40 51st Ave, Long Island City 10-33 51st Ave, Long Island City 10-29 51st Ave, Long Island City

Nearby ZIP codes for 5-02 54th Avenue, Long Island City, NY

10017, New York City, NY 10021, New York City, NY 10022, New York City, NY 10028, New York City, NY 10044, New York City, NY 10065, New York City, NY 10075, New York City, NY 10128, New York City, NY 10152, New York City, NY 10154, New York City, NY 10162, New York City, NY 11102, New York City, NY 11103, New York City, NY 11104, New York City, NY 11106, New York City, NY 11109, New York City, NY 11211, New York City, NY 11222, New York City, NY 11377, New York City, NY 11378, New York City, NY

Frequently asked questions

What is the year built for 5-02 54th Avenue, Long Island City, NY 11101?

The development at 5-02 54th Avenue, Long Island City, NY 11101 was built in 1940.

What is the total square footage of 5-02 54th Avenue, Long Island City, NY 11101?

5-02 54th Avenue, Long Island City, NY 11101 has a total of 7,300 square feet.

When was 5-02 54th Avenue, Long Island City, NY 11101 last sold and what was the sale price?

5-02 54th Avenue, Long Island City, NY 11101 was last sold on 09/23/2016 for $2,686,501.

What is the assessed value of 5-02 54th Avenue, Long Island City, NY 11101?

5-02 54th Avenue, Long Island City, NY 11101 is currently assessed at $1,143,000.

What are the property taxes for 5-02 54th Avenue, Long Island City, NY 11101?

The property taxes for 5-02 54th Avenue, Long Island City, NY 11101 total $122,313.

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