New York City » 11101 » 11th St » 3859 11th St

38-59 11th Street, Long Island City, NY 11101 - Property report

Also known as: 38-55 11th St

Property image for 38-59 11th Street, Long Island City, NY 11101

Property type

Full Service Hotel (H2)

Year built

2018

Lot sq. ft.

19,159

Sale price

$63,026,000

General information

Address

Primary address

38-59 11th Street

Alternate address(es)

38-55 - 38-61 11th St
38-60 - 38-66 12th St

ZIP code

11101

Neighborhood

LIC

Borough

Queens

Block & lot

00473-0559

Building

Property type

Full Service Hotel (H2)

Building sq. ft.

182,685

Building dimensions

150 ft x 85 ft

Buildings on lot

Stories

Year built

2018

Building material

Sales

Sale date

06/30/2022

Sale price

$63,026,000

Tax

Tax year

2026-2027

Property tax

$306,995

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

150 ft x 172 ft

Lot sq. ft.

19,159

Area overview

Walk score

94 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

85 /100. Very Bikeable

School district

Community district

Closest police station

0.95 Miles

Closest fire station

0.22 Miles

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

Ownership

Ownership information for 38-59 11th 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 38-59 11th Street, Long Island City, NY 11101

Sale date	Sale price	Buyer name	Seller name
06/30/2022	$63,026,000	XX-XX XXXX XXXXXX XXX	XXX XXXXXXXXXXX XXX
07/23/2013	$6,181,500	XXX XXXXXXXXXXX XXX	XXXX XXXXXXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
10/06/2022 - R	UCC3 Termination (2022100300327007)	XXXX XXXX XXXXXX XXX	XXX XXXXXXXX XXX
10/06/2022 - R	UCC3 Termination (2022100300327006)	XXXX XXXX XXXXXX XXX	XXXX XX XXXXXX XXXXXXX XXX
10/06/2022 - R	Initial UCC1 (2022100300327003)	XXXX XXXX XXXXXX XXX	XXXXXXX XXXX
10/06/2022 - R 09/29/2022 - D	Assignment of Leases and Rents (2022100300327002)	XXXX XXXX XXXXXX XXX	XXXXXXX XXXX
10/06/2022 - R 09/29/2022 - D	Agreement (2022100300327001)	XXXX XXXX XXXXXX XXX	XXXXXXX XXXX
10/03/2022 - R 09/29/2022 - D	Mortgage (2022093000283003)	XXXX XXXX XXXXXX XXX	XXXXXXX XXXX
10/03/2022 - R 09/29/2022 - D	Assignment, Mortgage (2022093000283002)	XXX XXXXXXXX XXX	XXXXXXX XXXX
10/03/2022 - R 09/29/2022 - D	Assignment, Mortgage (2022093000283001)	XXXX XX XXXXXX XXXXXXX XXX	XXXXXXX XXXX
10/06/2022 - R 09/28/2022 - D	Termination of Assign of L&R (2022100300327005)	XXX XXXXXXXX XXX	XXXX XXXX XXXXXX XXX
10/06/2022 - R 09/28/2022 - D	Termination of Assign of L&R (2022100300327004)	XXXX XX XXXXXX XXXXXXX XXX	XXXX XXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 38-59 11th 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

$306,995

Municipal exemptions

Recent tax assessments

Market value

$32,210,000

Assessed value

$14,494,500

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	$28,263,000	$12,718,350	$11,288,340	10.848%	$1,224,559	$250,290	+35.41%
2024/25	$27,309,000	$12,289,050	$10,770,390	10.762%	$1,159,109	$184,840	-83.08%
2023/24	$24,072,000	$10,832,400	$10,312,380	10.592%	$1,092,287	$1,092,287	+1.37%
2022/23	$22,891,000	$10,300,950	$10,121,310	10.646%	$1,077,515	$1,077,515	+510.02%
2021/22	$4,327,840	$1,947,528	$1,642,354	10.755%	$176,635	$176,635	+45.20%
2020/21	$3,148,000	$1,416,600	$1,137,555	10.694%	$121,650	$121,650	+145.41%
2019/20	$1,628,000	$732,600	$470,438	10.537%	$49,570	$49,570	+41.05%
2018/19	$1,232,000	$554,400	$334,260	10.514%	$35,144	$35,144	+26.54%
2017/18	$821,000	$369,450	$264,150	10.514%	$27,773	$27,773	+13.69%
2016/17	$604,000	$271,800	$231,030	10.574%	$24,429	$24,429	+5.43%

Permits

Permit information for 38-59 11th Street, Long Island City, NY

Filing date	Job type	Job status	Job description	Initial cost
07/19/2022	Alteration
02/03/2022	Alteration
12/06/2021	Alteration
03/25/2021	Alteration type 3
01/14/2021	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
	09/23/2024	Lblvio-low pressure boiler boiler required
	09/23/2024	Lblvio-low pressure boiler boiler required
	09/23/2024	Lblvio-low pressure boiler boiler required

*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)

0.177

View subway map

Access the detailed traffic volume map for 38-59 11th 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 38-59 11th Street, Long Island City, NY 11101?

The development at 38-59 11th Street, Long Island City, NY 11101 was built in 2018.

What is the market value of 38-59 11th Street, Long Island City, NY 11101?

The current market value of 38-59 11th Street, Long Island City, NY 11101 is $32,210,000.

What is the total square footage of 38-59 11th Street, Long Island City, NY 11101?

38-59 11th Street, Long Island City, NY 11101 has a total of 182,685 square feet.

What is the price per square foot for this property?

$344 per square foot is the price for 38-59 11th 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.