Queens  »  11101  »  38th St  »  5025 38th St

50-25 38th Street, Long Island City, NY 11101 Property Information

50-25 38th Street, Long Island City, NY 11101 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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50-25 38th Street, Long Island City, NY 11101 1
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Address

Primary address 50-25 38th Street
Neighborhood Sunnyside
Zip code 11101
Borough Queens
Block & lot 00212-0011

Sales & Tax Overview for 50-25 38th Street, Long Island City

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 02/27/2018
Purchase price $3,200,000
Tax class
Estimated property tax $44,813

Lot & Building Information for 50-25 38th Street, Long Island City

Lot sqft 7,500
Lot dimensions 75 ft x 100 ft
Building class Factory - Heavy Manufacturing (Fireproof) (F1)
Building sqft 7,500
Building dimensions 75 ft x 100 ft
Buildings on lot 1
Stories 1
Year built 1957
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Zoning & Use for 50-25 38th Street, Long Island City

Zoning
Commercial units 2
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 24
Community district 2
Closest police station 1.04 Miles
Closest fire station 0.25 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 50-25 38th Street, Long Island City

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 50-25 38th Street, Long Island City, NY 11101, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 50-25 38th Street, Long Island City, NY 11101, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 50-25 38th Street, Long Island City

How many sq. ft. does 50-25 38th Street, Long Island City, NY 11101 have & what is the price per sq. ft?

This Factory - Heavy Manufacturing (Fireproof) (F1) located at 50-25 38th Street, Long Island City, NY 11101 has a total of 7,500 square feet and a current price per square foot of $426.

What is the year built & the current market value of 50-25 38th Street, Long Island City, NY 11101?

50-25 38th Street, Long Island City, NY 11101 was built in 1957 and has a current tax assessor's market value of $940,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information for 50-25 38th Street, Long Island City

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Property owner name for 50-25 38th Street, Long Island City, NY 11101
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Building contacts for 50-25 38th Street, Long Island City, NY 11101
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 50-25 38th Street, Long Island City

Create a free account to view the complete sales history for 50-25 38th Street, Long Island City, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
02/27/2018 $3,200,000
05/30/2006 $1,425,000
       
       
       
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Title Documents for 50-25 38th Street, Long Island City

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
03/01/2018 - R UCC3 Termination
(2018030100162001)
02/27/2018 - D
03/08/2018 - R
Deed
(2018030600565001)
02/24/2016 - R UCC3 Continuation
(2016022400894001)
04/29/2011 - R UCC3 Continuation
(2011042900657001)
09/15/2006 - D
09/28/2006 - R
Termination of Assign of L&R
(2006092102073002)
09/15/2006 - D
09/28/2006 - R
Satisfaction of Mortgage
(2006092102073001)
07/03/2006 - D
07/27/2006 - R
Termination of Assign of L&R
(2006072101468002)
07/03/2006 - D
07/27/2006 - R
Satisfaction of Mortgage
(2006072101468001)
05/30/2006 - D
03/20/2018 - R
Termination of Assign of L&R
(2018031901040002)
05/30/2006 - D
03/20/2018 - R
Satisfaction of Mortgage
(2018031901040001)
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R: Recorded date
D: Document date

Property Taxes for 50-25 38th Street, Long Island City

Access detailed property tax data for 50-25 38th Street, Long Island City, NY 11101. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $40,595
Estimated property tax: $44,813
Tax assessor's market value: $940,000
Assessed value: $423,000

Assessment History for 50-25 38th Street, Long Island City

Here's the assessment & property tax history for 50-25 38th Street, Long Island City, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $940,000 $423,000 $374,220 10.848% $40,595 $40,595 +4.10%
2024/25 $920,000 $414,000 $362,340 10.762% $38,995 $38,995 +4.14%
2023/24 $833,000 $374,850 $353,520 10.592% $37,445 $37,445 +3.01%
2022/23 $818,000 $368,100 $341,460 10.646% $36,352 $36,352 +16.09%
2021/22 $647,000 $291,150 $291,150 10.755% $31,313 $31,313 -12.52%

Permits for 50-25 38th Street, Long Island City

The complete history of permits filed for 50-25 38th Street, Long Island City, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
07/16/2018 Alteration
06/27/2018 Alteration
04/24/2018 Alteration
04/09/2018 Alteration type 2
         
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Queens Commercial Market Stats

Access a detailed real estate market overview of Queens so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Queens and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$432
0.2% YoY
Median Price/Sqft Q4/2025
$447
9.4% YoY
Median Price/Sqft 2025
$440
7% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station 40th St & Queens Blvd at SW Corner
Station lines 7
Distance (miles) 0.476
View subway map
Bus Routes
Name Greenpoint Av/38 St
Line B24
Distance (miles) 0.047

Neighbors for 50-25 38th Street, Long Island City

Here are the neighbors for 50-25 38th Street, Long Island City, NY 11101.

Address Square feet Purchase date Purchase price
50-17 38th St, Long Island City 3,450 08/22/1997
50-15 38th St, Long Island City 3,432 09/03/2009
50-12 39th St, Sunnyside 7,950 11/18/1970
50-35 38th St, Long Island City 5,265 07/24/2024
50-46 39th Pl, Sunnyside 1,628 10/27/2020 $1,100,000
50-07 38th St, Long Island City 1,800 10/20/1997
50-31 38th St, Long Island City 2,148 08/24/2007 $770,000
50-37 39th St, Sunnyside 1,606 12/18/2014 $247,500
50-05 38th St, Long Island City 1,250 08/23/2022 $645,000
50-33 38th St, Long Island City 3,640 12/18/2025
39-20 50th Ave, Sunnyside 2,966 05/10/1995
50-48 39th Pl, Sunnyside 1,628 07/26/2023
50-44 39th Pl, Sunnyside 1,628 11/14/2023 $750,000
50-09 38th St, Long Island City 3,432 09/03/2009
50-42 39th Pl, Sunnyside 1,628 07/06/2023 $915,000
50-40 39th Pl, Sunnyside 1,628 04/10/2012
50-03 38th St, Long Island City 2,160 06/09/2000
50-01 38th St, Long Island City 2,160 10/31/2013
50-14 39th St, Sunnyside 4,830 03/20/1987
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