Queens  »  11101  »  48th Ave  »  3131 48th Ave

31-31 48th Avenue, Long Island City, NY 11101 Property Information

31-31 48th Avenue, Long Island City, NY 11101 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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31-31 48th Avenue, Long Island City, NY 11101 1
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Address

Primary address 31-31 48th Avenue
Secondary address 31 48th Ave
Neighborhood Sunnyside
Zip code 11101
Borough Queens
Block & lot 00280-0005

Sales & Tax Overview for 31-31 48th Avenue, 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 01/05/2024
Purchase price $11,500,000
Tax class
Estimated property tax $179,379

Lot & Building Information for 31-31 48th Avenue, Long Island City

Lot sqft 27,000
Lot dimensions 90 ft x 300 ft
Building class Factory - Heavy Manufacturing (Fireproof) (F1)
Building sqft 29,250
Building dimensions 90 ft x 300 ft
Buildings on lot 1
Stories 2
Year built 1939
Construction type
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Zoning & Use for 31-31 48th Avenue, Long Island City

Zoning
Qualified opportunity zone
Commercial units 6
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 24
Community district 2
Closest police station 0.88 Miles
Closest fire station 0.34 Miles

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

Other Property Data for 31-31 48th Avenue, 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 31-31 48th Avenue, 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 31-31 48th Avenue, Long Island City, NY 11101, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 31 48th Ave, Long Island City, NY 11101
  • 47-31 31st Pl, Long Island City, NY 11101
  • 47-57 A 31st Pl, Long Island City, NY 11101
  • 31-27 48th Ave, Long Island City, NY 11101

About 31-31 48th Avenue, Long Island City

How many sq. ft. does 31-31 48th Avenue, Long Island City, NY 11101 have & what is the price per sq. ft?

This Factory - Heavy Manufacturing (Fireproof) (F1) located at 31-31 48th Avenue, Long Island City, NY 11101 has a total of 29,250 square feet and a current price per square foot of $393.

What is the year built & the current market value of 31-31 48th Avenue, Long Island City, NY 11101?

31-31 48th Avenue, Long Island City, NY 11101 was built in 1939 and has a current tax assessor's market value of $3,916,000.

How many commercial spaces does this building have?

This building has 6 commercial spaces available for lease.

Ownership Information for 31-31 48th Avenue, Long Island City

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Property owner name for 31-31 48th Avenue, Long Island City, NY 11101
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Building contacts for 31-31 48th Avenue, Long Island City, NY 11101
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 31-31 48th Avenue, Long Island City

Create a free account to view the complete sales history for 31-31 48th Avenue, Long Island City, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/05/2024 $11,500,000
04/13/2006 $5,530,000
       
       
       
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Title Documents for 31-31 48th Avenue, 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
04/25/2025 - D
05/05/2025 - R
Termination of Assign of L&R
(2025043000248004)
04/25/2025 - D
05/05/2025 - R
Assignment of Leases and Rents
(2025043000248003)
04/25/2025 - D
05/05/2025 - R
Agreement
(2025043000248002)
04/25/2025 - D
05/05/2025 - R
Mortgage
(2025043000248001)
01/24/2024 - R Initial UCC1
(2024011100637005)
01/05/2024 - D
01/24/2024 - R
Assignment of Leases and Rents
(2024011100637004)
01/05/2024 - D
01/24/2024 - R
Mortgage
(2024011100637003)
01/05/2024 - D
01/24/2024 - R
Deed
(2024011100637002)
01/05/2024 - D
01/24/2024 - R
Deed
(2024011100637001)
04/29/2021 - R UCC3 Assignment
(2021042801010001)
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R: Recorded date
D: Document date

Property Taxes for 31-31 48th Avenue, Long Island City

Access detailed property tax data for 31-31 48th Avenue, 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: $165,623
Estimated property tax: $179,379
Tax assessor's market value: $3,916,000
Assessed value: $1,762,200

Assessment History for 31-31 48th Avenue, Long Island City

Here's the assessment & property tax history for 31-31 48th Avenue, 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 $3,916,000 $1,762,200 $1,526,760 10.848% $165,623 $165,623 +3.65%
2024/25 $3,808,000 $1,713,600 $1,484,730 10.762% $159,787 $159,787 +5.89%
2023/24 $3,358,000 $1,511,100 $1,424,610 10.592% $150,895 $150,895 +1.74%
2022/23 $3,210,000 $1,444,500 $1,393,110 10.646% $148,310 $148,310 +14.69%
2021/22 $2,672,000 $1,202,400 $1,202,400 10.755% $129,318 $129,318 -12.48%

Permits for 31-31 48th Avenue, Long Island City

The complete history of permits filed for 31-31 48th Avenue, 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
01/31/2022 Alteration
11/19/2021 Alteration
09/08/2005 Alteration type 2
08/30/2005 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)
Hurricane evacuation zone: 4 (See more on map)

Transportation

Distance to Subway
Closest station 33rd St & Queens Blvd at NW Corner
Station lines 7
Distance (miles) 0.26
View subway map
Bus Routes
Name 48 Av/Van Dam St
Distance (miles) 0.05

Neighbors for 31-31 48th Avenue, Long Island City

Here are the neighbors for 31-31 48th Avenue, Long Island City, NY 11101.

Address Square feet Purchase date Purchase price
49-20 Van Dam St, Long Island City 56,561 07/24/2019
31-28 Thomson Ave, Long Island City 316,075 12/12/1986
43-22 Van Dam St, Long Island City 5,000 02/28/2001
43-18 Van Dam St, Long Island City 2,500 06/15/2016
30-15 48th Ave, Long Island City 67,690 12/23/2003 $8,750,000
31-10 Thomson Ave, Long Island City 223,525 10/30/1985
47-09 30th St, Long Island City 83,750
30-02 48th Ave, Long Island City 141,436 12/19/2025 $34,500,000
49-27 31st St, Long Island City 51,606 11/14/2014 $14,000,000
31-10 Queens Blvd, Long Island City 2,475 04/15/2002
30-35 Thomson Ave, Long Island City 52,196 12/05/2022
31-05 Queens Blvd, Long Island City 2,165 03/03/1977
31-11 Thomson Ave, Long Island City 136,311
49-33 31st Pl, Long Island City 47,540 06/03/2021 $20,625,000
47-50 Van Dam St, Long Island City 18,713 01/01/1996
31-00 47th Ave, Long Island City 573,224 12/22/2016 $257,500,000
30-40 48th Ave, Long Island City 58,992 05/11/2000
49-62 Van Dam St, Long Island City 6,865 08/15/1997
31-28 Queens Blvd, Long Island City 23,400 06/16/1994
30-30 47th Ave, Long Island City 1,182,826 02/03/2016 $290,000
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