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38-40 Railroad Avenue, Long Island City, NY Property Information

38-40 Railroad Avenue, Long Island City, NY Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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38-40 Railroad Avenue, Long Island City, NY
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Address

Primary address 38-40 Railroad Avenue
Secondary address 38 Railroad Ave
Neighborhood Sunnyside
Zip code 11101
Borough Queens
Block & lot 00312-1367

Sales & Tax Overview for 38-40 Railroad 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 09/26/2016
Purchase price $1,500,000
Tax class

Lot & Building Information for 38-40 Railroad Avenue, Long Island City

Lot sq. ft. 12,200
Lot dimensions 121 ft x 100 ft
Property type Zoned Commercial or Manhattan Residential (V1)
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Zoning & Use for 38-40 Railroad Avenue, Long Island City

Zoning
Qualified opportunity zone

Area Overview

Walk Score
47 /100. Car-Dependent
Transit Score
46 /100. Some Transit
Bike Score
45 /100. Somewhat Bikeable

School district 24
Community district 2
Closest police station 0.93 Miles
Closest fire station 0.42 Miles

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

Other Property Data for 38-40 Railroad 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 38-40 Railroad Avenue, Long Island City, NY, 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 38-40 Railroad Avenue, Long Island City, NY, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 38 Railroad Ave, Long Island City, NY 11101
  • 40 Railroad Ave, Long Island City, NY 11101

About 38-40 Railroad Avenue, Long Island City

What is the market value of 38-40 Railroad Avenue, Long Island City, NY?

The current market value is $739,000.

Ownership Information for 38-40 Railroad Avenue, Long Island City

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Property owner name for 38-40 Railroad Avenue, Long Island City, NY
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Building contacts for 38-40 Railroad Avenue, Long Island City, NY
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
How to Contact Property Owners: Cold Calling Scripts, Email Templates & Outreach Tips 
Laura Pop-Badiu, Jul 29, 2026 How to Contact Property Owners: Cold Calling Scripts, Email Templates & Outreach Tips 
When it comes to efficiently contacting property owners, the challenge is twofold: First, you need to identify the right owner. Then, you need to reach that owner through the appropriate channel with the right message. Enhanced by effective follow-up tips and tactics, this guide is particularly useful for investors, agents and other real estate professionals who need an effective outreach process.
Brooklyn Emerges as NYC’s Coworking Growth Engine, Manhattan Rents Cross $100 in the Plaza District 
Lucian Alixandrescu, Jul 28, 2026 Brooklyn Emerges as NYC’s Coworking Growth Engine, Manhattan Rents Cross $100 in the Plaza District 
New York City’s office market continued to lead the U.S. in Q2, but internal shifts were most visible in the flex office market. Brooklyn’s coworking inventory grew 6.2% Q-o-Q even as Manhattan’s supply retreated. At the same time, Brooklyn’s asking rents for traditional office leases climbed more than twice as fast as the national average.
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Past Sales & Property History for 38-40 Railroad Avenue, Long Island City

Create a free account to view the complete sales history for 38-40 Railroad Avenue, Long Island City, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Sale date Sale price Buyer name Seller name
09/26/2016 $1,500,000
06/27/2013 $1
       
       
       
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Title Documents for 38-40 Railroad 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
10/18/2017 - R
07/28/2017 - D		 Sundry Agreement
(2017101600276001)
10/04/2016 - R
09/26/2016 - D		 Deed
(2016100301266001)
08/13/2013 - R
06/27/2013 - D		 Deed
(2013071701297001)
05/11/2001 - R Sundry Agreement
(4620007659962)
04/03/1998 - R UCC3 Termination
(4050005994705)
03/10/1998 - R Power of Attorney
(4250005964325)
03/10/1998 - R Satisfaction of Mortgage
(4360005965536)
03/10/1998 - R
01/29/1998 - D		 Deed
(4300005964330)
03/05/1996 - R
02/15/1996 - D		 Deed
(4350005065435)
03/05/1996 - R
02/15/1996 - D		 Deed
(4180005065418)
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R: Recorded date
D: Document date

Property Taxes for 38-40 Railroad Avenue, Long Island City

Access detailed property tax data for 38-40 Railroad Avenue, Long Island City, NY. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $31,584
Tax assessor's market value: $739,000
Assessed value: $332,550

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Assessment History for 38-40 Railroad Avenue, Long Island City

Here's the assessment & property tax history for 38-40 Railroad 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 $586,000 $263,700 $263,700 10.848% $28,606 $28,606 -1.74%
2024/25 $617,000 $277,650 $270,510 10.762% $29,112 $29,112 +6.83%
2023/24 $630,000 $283,500 $257,280 10.592% $27,251 $27,251 +0.98%
2022/23 $663,000 $298,350 $253,500 10.646% $26,988 $26,988 -4.45%
2021/22 $584,000 $262,800 $262,620 10.755% $28,245 $28,245 +8.49%
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Permits for 38-40 Railroad Avenue, Long Island City

The complete history of permits filed for 38-40 Railroad 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
01/28/2020 New building
09/20/1991 Subdivision: unimproved
         
         
         
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More about New York City Property Records

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
$426
-1.6% YoY
Median Price/Sqft Q4/2025
$457
11.4% YoY
Median Price/Sqft 2025
$445
4.3% YoY

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

Risk

FEMA flood zone(s): 0.2,AE,X (See more on map)
Hurricane evacuation zone: 2,3 (See more on map)

Transportation

Distance to Subway
Closest station Manhattan Ave & Norman Ave at NE Corner
Station lines G
Distance (miles) 0.915
View subway map

Neighbors for 38-40 Railroad Avenue, Long Island City

Here are the neighbors for 38-40 Railroad Avenue, Long Island City, NY.

Address Square feet Purchase date Purchase price
39-30 Review Ave, Long Island City 50,400 09/29/2014 $4,100,000
39-14 Review Ave, Long Island City 90,400 08/25/1988
32-55 Vernon Blvd, Astoria 23,254
11-20 33rd Ave, Astoria 2,270 12/29/1999
33-78 11th St, Astoria 14,796 03/29/1996
38-20 Review Ave, Long Island City 302,677 10/25/1984
11-11 34th Ave, Astoria 39,500 07/06/2006 $2,375,000
38-98 Review Ave, Long Island City 25,000 10/21/2005 $2,800,000
53-34 37th St, Long Island City 1,900 09/05/2007 $200,000
11-18 33rd Ave, Astoria 2,300 12/29/1999
37-88 Review Ave, Long Island City 96,032 11/26/1984
36-08 Review Ave, Long Island City 21,340 11/16/2009
33-01 11th St, Astoria 34,692
10-09 34th Ave, Astoria 7,458 02/29/2008 $1,875,000
10-05 34th Ave, Astoria 8,058 03/30/2006
33-81 10th St, Astoria 4,625 10/30/1985
38-60 Review Ave, Long Island City 45,023 12/28/2023 $5,215,388
38-78 Review Ave, Long Island City 15,000 06/30/2011
37-50 Railroad Ave, Long Island City 22,284 01/30/2019 $10,250,000
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