New York City  »  11435  »  88th Ave  »  14848 88th Ave

148-48 88th Avenue, Jamaica, NY 11435 - Property report

Also known as: 88-02 150th St

Property image for 148-48 88th Avenue, Jamaica, NY 11435
static Mapbox map

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1954

Lot sq. ft.

21,875

Sale price

$10,300,000

General information

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Address
Primary address
148-48 88th Avenue
Alternate address(es)
148-36 - 148-50 88th Ave
88-02 - 88-06 150th St
ZIP code
11435
Neighborhood
Jamaica
Borough
Queens
Block & lot
09693-0029

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
83,394
Building dimensions
175 ft x 99 ft
Buildings on lot
1
Stories
6
Year built
1954
Last altered
2013
Sales
Sale date
02/15/2012
Sale price
$10,300,000
Tax
Tax year
2026-2027
Property tax
$403,028
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
100
Residential sq. ft.
Lot
Lot dimensions
175 ft x 125 ft
Lot sq. ft.
21,875

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
61 /100.  Bikeable
School district
28
Community district
12
Closest police station
0.71 Miles
Closest fire station
0.17 Miles

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

Ownership information for 148-48 88th Avenue, Jamaica, NY

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

Sales history for 148-48 88th Avenue, Jamaica, NY 11435

Sale date Sale price Buyer name Seller name
02/15/2012 $10,300,000 XXXX''X XXXX XXX XXX XXXXX XXXXXX, XXX
06/01/2006 $11,880,000 XXXXX XXXXXX, XXX XXXXXXX XXXXXXXXXX X.X.X.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/11/2024 - R UCC3 Assignment
(2024070900819001)
XXXXXXXX XXXX XXX XXX XXXXXXXXX XXXX
06/13/2024 - R
12/15/2023 - D
Asgn of Asgn of L&R
(2024052400059006)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XX XXXXXXXX XXX XXXX X XX XXXX XXXXXXX XXX
06/13/2024 - R
12/15/2023 - D
Assignment, Mortgage
(2024052400059005)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XX XXXXXXXX XXX XXXX X XX XXXX XXXXXXX XXX
01/26/2023 - R UCC3 Termination
(2023012600161003)
XXXXX XXXX XXX XXX XXX XXXX XXXXXXXXX XXXX
06/24/2022 - R Initial UCC1
(2022062201237001)
XXXXXX XXXX XXXX XXX XXXXXXXXX XXXX
02/16/2023 - R
06/21/2022 - D
Additional Mortgage Tax
(2023021600329001)
XXXXXX XXXX XXXX XXX
08/30/2022 - R
06/21/2022 - D
Assignment of Leases and Rents
(2022082600488001)
XXXXXX XXXX XXXX XXX XXXXXXXXX XXXX
08/19/2022 - R
06/21/2022 - D
Mortgage and Consolidation
(2022081600261002)
XXXXXX XXXX XXXX XXX XXXXXXXXX XXXX
10/17/2022 - R
06/16/2022 - D
Termination of Assign of L&R
(2022101400889001)
XXX XXXX XXXXXXXXX XXXX XXXXXX XXXX XXXX XXX
08/19/2022 - R
06/16/2022 - D
Assignment, Mortgage
(2022081600261001)
XXX XXXX XXXXXXXXX XXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 148-48 88th Avenue, Jamaica, 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
$403,028
Municipal exemptions
Recent tax assessments
Market value
$7,877,000
Assessed value
$3,544,650

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 $8,083,000 $3,637,350 $3,194,190 12.439% $397,325 $366,104 +4.57%
2024/25 $7,418,000 $3,338,100 $3,050,640 12.5% $381,330 $350,109 +5.06%
2023/24 $6,778,000 $3,050,100 $2,958,480 12.502% $369,869 $333,261 +3.80%
2022/23 $6,681,000 $3,006,450 $2,915,640 12.267% $357,662 $321,053 +2.12%
2021/22 $6,531,000 $2,938,950 $2,868,750 12.235% $350,992 $314,383 -8.76%
2020/21 $6,488,000 $2,919,600 $2,808,760 12.267% $344,551 $344,551 +1.04%
2019/20 $6,394,000 $2,877,300 $2,734,054 12.473% $341,019 $341,019 +1.80%
2018/19 $6,302,000 $2,835,900 $2,656,045 12.612% $334,980 $334,980 +2.20%
2017/18 $6,160,000 $2,772,000 $2,576,923 12.719% $327,759 $327,759 +1.62%
2016/17 $6,088,000 $2,739,600 $2,501,798 12.892% $322,532 $322,532 +4.82%

Permit information for 148-48 88th Avenue, Jamaica, NY

Filing date Job type Job status Job description Initial cost
03/19/2024 Alteration
05/16/2019 Alteration type 2
01/14/2019 Alteration
08/01/2017 Alteration type 2
02/11/2016 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
08/02/2022 Bench-failure to benchmark none
12/01/2021 Egrade-failure to post energy grade/score
04/29/2021 Egrade-failure to post energy grade/score none

*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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
153rd St & Hillside Ave at SW Corner
Station lines
F
Distance (miles)
0.152

Access the detailed traffic volume map for 148-48 88th Avenue, Jamaica, NY 11435 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 148-48 88th Avenue, Jamaica, NY 11435?

The development at 148-48 88th Avenue, Jamaica, NY 11435 was built in 1954.

What is the total square footage of 148-48 88th Avenue, Jamaica, NY 11435?

148-48 88th Avenue, Jamaica, NY 11435 has a total of 83,394 square feet.

When was 148-48 88th Avenue, Jamaica, NY 11435 last sold and what was the sale price?

148-48 88th Avenue, Jamaica, NY 11435 was last sold on 02/15/2012 for $10,300,000.

What is the assessed value of 148-48 88th Avenue, Jamaica, NY 11435?

148-48 88th Avenue, Jamaica, NY 11435 is currently assessed at $3,544,650.

What are the property taxes for 148-48 88th Avenue, Jamaica, NY 11435?

The property taxes for 148-48 88th Avenue, Jamaica, NY 11435 total $412,393.

How many residential units does this building have?

This building has 100 residential unit(s).

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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