Queens » 11101 » 12th St » 4223 12th St

42-23 12th Street, Long Island City, NY 11101 - Property report

Also known as: 42-23 12th St

Property image for 42-23 12th Street, Long Island City, NY 11101

Property type

Factory - Industrial Semi-Fireproof (F4)

Year built

1925

Lot sq. ft.

17,000

Sale price

$8,050,000

General information

Address

Primary address

42-23 12th Street

Alternate address(es)

42-23 - 42-29 12th St
42-24 - 42-26 13th St
42-26 13th St

ZIP code

11101

Neighborhood

Hunters Point

Borough

Queens

Block & lot

00458-0090

Building

Property type

Factory - Industrial Semi-Fireproof (F4)

Building sq. ft.

19,250

Building dimensions

85 ft x 200 ft

Buildings on lot

Stories

Year built

1925

Last altered

2003

Building material

Sales

Sale date

01/28/2021

Sale price

$8,050,000

Tax

Tax year

2026-2027

Property tax

$56,429

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

85.08 ft x 200 ft

Lot sq. ft.

17,000

Area overview

Walk score

95 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

83 /100. Very Bikeable

School district

Community district

Closest police station

1.09 Miles

Closest fire station

0.55 Miles

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

Ownership

Ownership information for 42-23 12th Street, Long Island City, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 42-23 12th Street, Long Island City, NY 11101

Sale date	Sale price	Buyer name	Seller name
01/28/2021	$8,050,000	XXXXXXX XXX XXXXXXXX XXX	XX-XX XXXX XXXXXX, XXX
11/10/2010	$4,000,000	XX-XX XXXX XXXXXX XXX	XXX XXXXXXXXXX X X XXX XXXXXX XXXX XXXXXX XX X
12/10/2004	$1,100,000	XXX XXXXXXXXXX X X.	XXXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/05/2025 - R	UCC3 Continuation (2025110301135001)	XXXXXXX XXX XXXXXXXX XXX	XXXXXXXX XXXX
07/24/2025 - R	Initial UCC1 (2025072300805001)	XXXXXXX XXX XXXXXXXX XXX	XXXXXXXX XXXX
11/29/2021 - R 06/10/2021 - D	Satisfaction of Mortgage (2021110900607001)	XXXX XXXX XXXXXX XXX	X X XXXXX XXXXXXXX XXXXXXXXXXXXXX
02/09/2021 - R	UCC3 Termination (2021020200430006)	XXXX XXXX XXXXXX XXX	XXXXXXXX XXXXXXX XXXXXX XXXXX
02/09/2021 - R	Initial UCC1 (2021020200430005)	XXXXXXX XXX XXXXXXXX XXX	XXXXXXXX XXXX
02/09/2021 - R 01/28/2021 - D	Termination of Assign of L&R (2021020200430010)	XXXXXXXX XXXXXXX XXXXXX XXXXX	XXXX XXXX XXXXXX XXX
02/09/2021 - R 01/28/2021 - D	Termination of Lease or Memo (2021020200430009)	XXX XXXX XXXX XXXXXXXXXX XXXXXXXXXXX XXXXXX	XXXX XXXX XXXXXX XXX
02/09/2021 - R 01/28/2021 - D	Termination of Lease or Memo (2021020200430008)	XXXX XXXX XXXXXX XXX	XXX XXXX XXXX XXXXXXXXXX XXXXXXXXXXX XXXXXX
02/09/2021 - R 01/28/2021 - D	Termination of Lease or Memo (2021020200430007)	XXXX XXXX XXXXXX XXX	X X XXXXXXX XXXXXXX XXXXXXXXXXX XX XXX
02/09/2021 - R 01/28/2021 - D	Assignment of Leases and Rents (2021020200430004)	XXXXXXX XXX XXXXXXXX XXX	XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 42-23 12th Street, 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

$56,429

Municipal exemptions

Recent tax assessments

Market value

$2,403,000

Assessed value

$1,081,350

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	$2,101,000	$945,450	$713,610	10.848%	$94,615	$48,403	+19.94%
2024/25	$2,043,000	$919,350	$644,535	10.762%	$90,698	$40,355	-33.24%
2023/24	$2,015,000	$906,750	$570,690	10.592%	$85,643	$60,447	+13.76%
2022/23	$1,926,000	$866,700	$499,095	10.646%	$82,678	$53,134	-31.64%
2021/22	$1,606,000	$722,700	$722,700	10.755%	$77,726	$77,726	n/a
2020/21	$1,774,000	$798,300	$0	10.694%	$80,596	$0	n/a
2019/20	$1,663,000	$748,350	$0	10.537%	$77,820	$0	n/a
2018/19	$1,660,000	$747,000	$0	10.514%	$76,666	$0	n/a
2017/18	$1,670,000	$751,500	$0	10.514%	$75,640	$0	n/a
2016/17	$1,607,000	$723,150	$0	10.574%	$74,111	$0	n/a

Permits

Permit information for 42-23 12th Street, Long Island City, NY

Filing date	Job type	Job status	Job description	Initial cost
03/12/2025	Alteration
06/21/2021	Alteration
05/07/2021	Alteration
02/24/2021	Alteration
02/24/2021	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	03/19/2003	Ll6291-local law 62/91 - boilers
	03/26/2002	Ll6291-local law 62/91 - boilers
	02/27/2001	Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

21st St & 41st Ave at NW Corner

Station lines

Distance (miles)

0.243

View subway map

Access the detailed traffic volume map for 42-23 12th Street, 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

Frequently asked questions

What is the year built for 42-23 12th Street, Long Island City, NY 11101?

The development at 42-23 12th Street, Long Island City, NY 11101 was built in 1925.

What is the market value of 42-23 12th Street, Long Island City, NY 11101?

The current market value of 42-23 12th Street, Long Island City, NY 11101 is $2,403,000.

What is the total square footage of 42-23 12th Street, Long Island City, NY 11101?

42-23 12th Street, Long Island City, NY 11101 has a total of 19,250 square feet.

What is the price per square foot for this property?

$418 per square foot is the price for 42-23 12th Street, Long Island City, NY 11101.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.