New York City  »  11101  »  38th St  »  3550 38th St

35-50 38th Street, Long Island City, NY 11101 - Property report

Also known as: 35-39 37th St

Property image for 35-50 38th Street, Long Island City, NY 11101
static Mapbox map

Property type

Multiplex Picture Theatre (J8)

Year built

1998

Lot sq. ft.

38,000

Sale price

$45,000,000 - M

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
35-50 38th Street
Alternate address(es)
35-39 37th St
ZIP code
11101
Neighborhood
South Astoria
Borough
Queens
Block & lot
00641-0004

Owner

Find out who owns 35-50 38th Street, Long Island City, NY 11101. Uncover corporate and individual owners with a free account.

Building
Property type
Multiplex Picture Theatre (J8)
Building sq. ft.
37,625
Building dimensions
215 ft x 200 ft
Buildings on lot
1
Stories
1
Year built
1998
Building material
Sales
Sale date
06/07/2016
Sale price
$45,000,000 - M
Tax
Tax year
2026-2027
Property tax
$496,303
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
123.58 ft x 200 ft
Lot sq. ft.
38,000

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
75 /100.  Very Bikeable
School district
30
Community district
1
Closest police station
0.12 Miles
Closest fire station
0.81 Miles

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

Ownership

Ownership information for 35-50 38th Street, Long Island City, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 35-50 38th Street, Long Island City, NY 11101

Sale date Sale price Buyer name Seller name
06/07/2016 $45,000,000 XXXXXXX XXXXXXX XXXXXXX X XXX XX XXXXXXXX XXXXXX XXXXXXXXXX XX, XXX
11/08/2006 $4,661,391 XXXXXX XXXX XXXXXX XXXXXXXXXX XXX, XXX XXX XXXXXX XXX XX XXX XXXXXXXX, XX X XXXXXX XXXX XXXXXXXXXX XXXXXXXX, XX X XXX XXX XXXXXXXX XXXXXX XXXXXX, XXX XXX XXXXXX, XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/30/2026 - R UCC3 Termination
(2026073000394010)		 XXXXXXX XXXXXXX XXXXXXX XXX XXXXXXXXX XXXX
07/30/2026 - R Initial UCC1
(2026073000394005)		 XXXX XXXX XXXXXX XXXXX XXX XXXXXXXXX XXXX
07/30/2026 - R
07/28/2026 - D		 Termination of Assign of L&R
(2026073000394009)		 XXXXXXXXX XXXX XXXXXXX XXXXXXX XXXXXXX X XXX
07/30/2026 - R
07/28/2026 - D		 Termination of Assign of L&R
(2026073000394008)		 XXXXXXXXX XXXX XXXXXXX XXXXXXX XXXXXXX X XXX
07/30/2026 - R
07/28/2026 - D		 Termination of Assign of L&R
(2026073000394007)		 XXXXXXXXX XXXX XXXXXXX XXXXXXX XXXXXXX X XXX
07/30/2026 - R
07/28/2026 - D		 Agreement
(2026073000394006)		 XXXXXXXXX XXXX XXXXXX XXXXXXX XXXXXXX XXXXXXX XXX
07/30/2026 - R
07/28/2026 - D		 Assignment of Leases and Rents
(2026073000394004)		 XXXX XXXX XXXXXX XXXXX XXX XXXXXXXXX XXXX
07/30/2026 - R
07/28/2026 - D		 Agreement
(2026073000394003)		 XXXX XXXX XXXXXX XXXXX XXX XXXXXXXXX XXXX
07/30/2026 - R
07/28/2026 - D		 Mortgage
(2026073000394002)		 XXXX XXXX XXXXXX XXXXX XXX XXXXXXXXX XXXX
07/30/2026 - R
07/28/2026 - D		 Deed, Other
(2026073000394001)		 XXXXXXX XXXXXXX XXXXXXX X XXX XXXX XXXX XXXXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 35-50 38th 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
$496,303
Municipal exemptions
Recent tax assessments
Market value
$10,690,000
Assessed value
$4,810,500

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 $10,441,000 $4,698,450 $4,157,080 10.848% $450,960 $450,960 +11.85%
2024/25 $10,212,000 $4,595,400 $3,746,340 10.762% $425,894 $403,181 +13.75%
2023/24 $9,979,000 $4,490,550 $3,346,210 10.592% $399,139 $354,431 +12.15%
2022/23 $9,512,000 $4,280,400 $2,968,480 10.646% $383,430 $316,024 +4.27%
2021/22 $8,525,000 $3,836,250 $2,818,110 10.755% $393,881 $303,088 +11.80%
2020/21 $8,646,000 $3,890,700 $2,535,130 10.694% $383,955 $271,107 +18.55%
2019/20 $8,493,000 $3,821,850 $2,170,310 10.537% $362,116 $228,686 +23.24%
2018/19 $8,127,000 $3,657,150 $1,764,890 10.514% $340,889 $185,561 -42.68%
2017/18 $7,707,000 $3,468,150 $3,079,250 10.514% $323,752 $323,752 +184.02%
2016/17 $7,302,000 $3,285,900 $1,078,000 10.574% $311,544 $113,988 -2.79%
Permits

Permit information for 35-50 38th Street, Long Island City, NY

Filing date Job type Job status Job description Initial cost
07/16/2026 Alteration
03/13/2026 No work
03/10/2026 No work
03/10/2026 No work
03/10/2026 No work

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
08/03/2022 Bench-failure to benchmark none
12/01/2021 Egrade-failure to post energy grade/score
02/28/2018 E-elevator

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Steinway St & 34th Ave at SW Corner
Station lines
M-R
Distance (miles)
0.204
View subway map

Access the detailed traffic volume map for 35-50 38th 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

Neighbors for 35-50 38th Street, Long Island City, NY

37-11 36th Ave, Long Island City 34-01 35th Ave, Astoria 34-11 35th Ave, Astoria 34-43 34th St, Astoria 34-37 34th St, Astoria 35-18 37th St, Long Island City 35-40 36th St, Astoria 34-39 34th St, Astoria 35-01 37th St, Long Island City 37-09 36th Ave, Long Island City 36-01 36th Ave, Astoria 34-35 34th St, Astoria 36-12 35th Ave, Astoria 35-19 36th Ave, Astoria 35-27 35th St, Astoria 34-41 34th St, Astoria 35-30 36th St, Astoria 36-13 36th Ave, Astoria 35-15 36th Ave, Astoria 35-01 36th Ave, Astoria

Nearby ZIP codes for 35-50 38th Street, Long Island City, NY

10017, New York City, NY 10021, New York City, NY 10022, New York City, NY 10028, New York City, NY 10044, New York City, NY 10065, New York City, NY 10075, New York City, NY 10128, New York City, NY 10152, New York City, NY 10154, New York City, NY 10162, New York City, NY 11102, New York City, NY 11103, New York City, NY 11104, New York City, NY 11106, New York City, NY 11109, New York City, NY 11211, New York City, NY 11222, New York City, NY 11377, New York City, NY 11378, New York City, NY

Frequently asked questions

What is the year built for 35-50 38th Street, Long Island City, NY 11101?

The development at 35-50 38th Street, Long Island City, NY 11101 was built in 1998.

What is the total square footage of 35-50 38th Street, Long Island City, NY 11101?

35-50 38th Street, Long Island City, NY 11101 has a total of 37,625 square feet.

When was 35-50 38th Street, Long Island City, NY 11101 last sold and what was the sale price?

35-50 38th Street, Long Island City, NY 11101 was last sold on 06/07/2016 for $45,000,000 - M.

What is the assessed value of 35-50 38th Street, Long Island City, NY 11101?

35-50 38th Street, Long Island City, NY 11101 is currently assessed at $4,810,500.

What are the property taxes for 35-50 38th Street, Long Island City, NY 11101?

The property taxes for 35-50 38th Street, Long Island City, NY 11101 total $496,302.

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