Queens  »  11378  »  48th St  »  5590 48th St

55-90 48th Street, Maspeth, NY 11378 - Property report

Also known as: 55-90 48th St

Property image for 55-90 48th Street, Maspeth, NY 11378
static Mapbox map

Property type

Fireproof Warehouse (E1)

Year built

2022

Lot sq. ft.

501,998

General information

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Address
Primary address
55-90 48th Street
ZIP code
11378
Neighborhood
Maspeth
Borough
Queens
Block & lot
02600-0092

Owner

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Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
293,148
Building dimensions
100 ft x 442 ft
Buildings on lot
1
Stories
1
Year built
2022
Building material
Tax
Tax year
2026-2027
Property tax
$1,535,478
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
692 ft x 409 ft
Lot sq. ft.
501,998

Area overview

Walk score
35 /100.  Car-Dependent
Transit score
47 /100.  Some Transit
Bike score
40 /100.  Somewhat Bikeable
School district
24
Community district
5
Closest police station
1.48 Miles
Closest fire station
0.48 Miles

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

Ownership information for 55-90 48th Street, Maspeth, NY

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

Sales history for 55-90 48th Street, Maspeth, NY 11378

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/10/2025 - R
02/19/2025 - D
Declaration
(2025031000504001)
XXXXXXX XXXXXXX XXXXXXXXXXX
05/04/2022 - R
04/14/2022 - D
Declaration
(2022041901355001)
XXXXX XXXXXX XXXXXXX XXXXXX XXX
04/27/2022 - R
04/14/2022 - D
Zoning Lot Description
(2022041301291003)
XXXXX XXXXXX XXXXXXX XXXXXX XXX
04/27/2022 - R
04/14/2022 - D
Certificate
(2022041301291002)
XXXXXXXXXXXX XXXX XXXXX XXXXXXXXX XXXXXXX
09/20/1994 - R
06/29/1994 - D
Deed
(4120004449712)
XX XXXXXXXXX XXXXXXXX XXXXXXX XXX XXXXXXX XXXXXXX XXXXXX XXX
02/16/1993 - R Agreement
(4520002920652)
XXXXXXX XXXXX XX XX XXXXXXXXX XXXXXXX
06/25/1991 - R Initial UCC1
(4710004038171)
XX XXXXXXXXX XXXXXXXX XXXXXXX XXX XXXXXXX XXXXX XXXXXXX XX XXXXX
06/25/1991 - R Initial UCC1
(4700004038170)
XX XXXXXXXXX XXXXXXXX XXXXXXX XXX XXXXXXX XXXXX XXXXXXX XX XXXXX
06/24/1991 - R Mortgage
(4110002760211)
XX XXXXXXXXX XXXXXXXXXX XXXXXXX XXXXX XX
05/13/1991 - R Satisfaction of Mortgage
(4940002750494)
XXXXXXXXXXX XXXX XX XXXXXXX XXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 55-90 48th Street, Maspeth, 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
$1,535,478
Municipal exemptions
Recent tax assessments
Market value
$32,667,000
Assessed value
$14,700,150

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 $31,818,000 $14,318,100 $13,838,040 10.848% $1,501,151 $1,501,151 +23.51%
2024/25 $26,697,000 $12,013,650 $11,293,560 10.762% $1,215,413 $1,215,413 +366.05%
2023/24 $7,605,000 $3,422,250 $2,462,130 10.592% $260,789 $260,789 -20.07%
2022/23 $6,892,000 $3,101,400 $3,064,680 10.646% $326,266 $326,266 +7.93%
2021/22 $6,246,000 $2,810,700 $2,810,700 10.755% $302,291 $302,291 -2.50%
2020/21 $7,149,000 $3,217,050 $2,899,170 10.694% $310,037 $310,037 +10.20%
2019/20 $7,043,000 $3,169,350 $2,670,030 10.537% $281,341 $281,341 +10.59%
2018/19 $6,722,000 $3,024,900 $2,419,740 10.514% $254,411 $254,411 +10.07%
2017/18 $6,036,000 $2,716,200 $2,198,340 10.514% $231,133 $231,133 +10.37%
2016/17 $5,263,000 $2,368,350 $1,980,450 10.574% $217,549 $209,413 +2.49%

Permit information for 55-90 48th Street, Maspeth, NY

Filing date Job type Job status Job description Initial cost
07/20/2026 Alteration
10/24/2025 Alteration
06/10/2025 New building
10/29/2024 Alteration
10/29/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/02/2015 Bench-failure to benchmark
08/02/2015 Bench-failure to benchmark
05/02/2015 Bench-failure to benchmark

*Most recent DOB violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
0.2,AE,X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2,3

Subway & traffic

Closest station
Jefferson St & Wyckoff Ave at NW Corner
Station lines
L
Distance (miles)
1.074

Access the detailed traffic volume map for 55-90 48th Street, Maspeth, NY 11378 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 55-90 48th Street, Maspeth, NY 11378?

The development at 55-90 48th Street, Maspeth, NY 11378 was built in 2022.

What is the market value of 55-90 48th Street, Maspeth, NY 11378?

The current market value of 55-90 48th Street, Maspeth, NY 11378 is $32,667,000.

What is the total square footage of 55-90 48th Street, Maspeth, NY 11378?

55-90 48th Street, Maspeth, NY 11378 has a total of 293,148 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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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.

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