| Building name | Falchi Building |
| Primary address | Falchi Building - 31-00 47th Avenue |
| Secondary address | 47-01 31st St |
| Neighborhood | Sunnyside |
| Zip code | 11101 |
| Borough | Queens |
| Block & lot | 00281-0001 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 12/22/2016 |
| Purchase price | $257,500,000 |
| Tax class | Register |
| Estimated property tax | $4,155,190 |
| Lot sq. ft. | 120,000 |
| Lot dimensions | |
| Property type | Office with Commercial - 1 to 6 Stories (O5)
|
| Building sqft | 573,224 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 6 |
| Year built | 1922 |
| Year last altered | 2010 |
| Construction type | Register |
| School district | 24 |
| Community district | 2 |
| Closest police station | 0.85 Miles |
| Closest fire station | 0.35 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
This Office with Commercial - 1 to 6 Stories (O5) located at Falchi Building - 31-00 47th Avenue, Long Island City, NY 11101 has a total of 573,224 square feet and a current price per square foot of $449.
What is the year built & the current market value of Falchi Building - 31-00 47th Avenue, Long Island City, NY 11101?Falchi Building - 31-00 47th Avenue, Long Island City, NY 11101 was built in 1922 and has a current tax assessor's market value of $89,677,000.
How many commercial spaces does this building have?This building has 51 commercial spaces available for lease. There are 11 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Lease |
|---|---|
| Listing date | 09/23/2019 |
| Last updated | 05/19/2026 |
-Potential branding/naming available -Loft style - Technology building feel -5 stories plus penthouse and rooftop access -Eligible for NYC incentives
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Suite 4120B | General Office | Listing price not available | 26,599 | Mitchell Arkin Joshua Branham Kelli Berke |
| Suite 3115 | General Office | Listing price not available | 25,964 | Mitchell Arkin Joshua Branham Kelli Berke |
| Suite 4122A | General Office | Listing price not available | 7,706 | Mitchell Arkin Joshua Branham Kelli Berke |
| Suite 5105-10 | General Office | Listing price not available | 24,828 | Mitchell Arkin Joshua Branham Kelli Berke |
| Suite 2110-30 | General Office | Listing price not available | 61,965 | Mitchell Arkin Joshua Branham Kelli Berke |
| Suite 4124 | General Office | Listing price not available | 12,483 | Mitchell Arkin Joshua Branham Kelli Berke |
| Suite 4100 | General Office | Listing price not available | 35,054 | Mitchell Arkin Joshua Branham Kelli Berke |
| Suite 5100 | General Office | Listing price not available | 8,882 | Mitchell Arkin Joshua Branham Kelli Berke |
| Suite 4122B | General Office | Listing price not available | 3,952 | Mitchell Arkin Joshua Branham Kelli Berke |
| Suite 5124 | General Office | Listing price not available | 9,298 | Mitchell Arkin Joshua Branham Kelli Berke |
| Listing type | For Lease |
|---|---|
| Listing date | 09/30/2025 |
| Last updated | 05/18/2026 |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Space Available | Warehouse/Distribution | Listing price not available | 700,000 | Daniel Tack David Junik George Margaronis |
Create a free account to view the complete sales history for 31-00 47th Avenue, Long Island City, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
*Here are the three most recent sales for this property.
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.
R: Recorded date
D: Document date
Access detailed property tax data for Falchi Building - Falchi Building - 31-00 47th 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: | $4,081,078 |
| Estimated property tax: | $4,155,190 |
| Tax assessor's market value: | $89,677,000 |
| Assessed value: | $40,354,650 |
Here's the assessment & property tax history for 31-00 47th 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 | $89,677,000 | $40,354,650 | $37,620,560 | 10.848% | $4,081,078 | $4,081,078 | +8.37% |
| 2024/25 | $77,758,000 | $34,991,100 | $34,991,100 | 10.762% | $3,765,742 | $3,765,742 | -5.02% |
| 2023/24 | $83,181,000 | $37,431,450 | $37,431,450 | 10.592% | $3,964,739 | $3,964,739 | -7.87% |
| 2022/23 | $91,287,000 | $41,079,150 | $40,420,979 | 10.646% | $4,303,217 | $4,303,217 | +8.47% |
| 2021/22 | $81,968,000 | $36,885,600 | $36,885,600 | 10.755% | $3,967,046 | $3,967,046 | +6.20% |
The complete history of permits filed for 31-00 47th 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.
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.
Check out recently sold homes in Queens and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
| Hurricane evacuation zone: | 4 (See more on map) |
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Distance to Subway
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| Closest station | 33rd St & Queens Blvd at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | 7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.258 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 48 Av/Van Dam St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.098 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for Falchi Building - Falchi Building - 31-00 47th Avenue, Long Island City, NY 11101.
