New York City  »  11101  »  50th Ave  »  531 50th Ave

5-31 50th Avenue, Long Island City, NY 11101 - Property report

Also known as: 5-31 50th Ave

Property image for 5-31 50th Avenue, Long Island City, NY 11101
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1920

Lot sq. ft.

2,525

Sale price

$775,000

General information

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Address
Primary address
5-31 50th Avenue
ZIP code
11101
Neighborhood
Hunters Point
Borough
Queens
Block & lot
00032-0014

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
5,025
Building dimensions
25 ft x 36 ft
Buildings on lot
1
Stories
3
Year built
1920
Building material
Sales
Sale date
06/08/2004
Sale price
$775,000
Tax
Tax year
2026-2027
Property tax
$7,784
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25.25 ft x 100 ft
Lot sq. ft.
2,525

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
84 /100.  Very Bikeable
School district
30
Community district
2
Closest police station
1.11 Miles
Closest fire station
0.20 Miles

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Ownership information for 5-31 50th Avenue, Long Island City, NY

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

Sales history for 5-31 50th Avenue, Long Island City, NY 11101

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/12/2019 - R
07/11/2019 - D
Satisfaction of Mortgage
(2019072300808001)
X X XXXX XXXXXXXX XXXXXXXXXXX XXX XXXXXXX XXXXXXX XXXXXXX XXXX XXXXXXXXXXX
08/03/2004 - R
06/08/2004 - D
Assignment of Leases and Rents
(2004061700594001)
X X XXXX XXXXXXXX XXXXXXXXXXX XXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
08/03/2004 - R
06/08/2004 - D
Deed
(2004061700396001)
XXXXX XXXX X X XXXX XXXXXXXX XXXXXXXXXXX XXX
08/04/2004 - R
06/08/2004 - D
Mortgage
(2004061700293001)
X X XXXX XXXXXXXX XXXXXXXXXXX XXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
12/16/1994 - R Deed
(4070004548007)
XXXXXXXX XXXXXX XXXXXXXX XXXXXXX
03/03/1994 - R Power of Attorney
(4350004173635)
XXXXXX XXXX XXXXX XXXXXX XXXXX
03/03/1994 - R
02/03/1994 - D
Deed
(FT_4360004173636)
XXXXX XXXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 5-31 50th Avenue, 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
$7,784
Municipal exemptions
Recent tax assessments
Market value
$2,864,000
Assessed value
$171,840

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 $2,381,000 $142,860 $39,226 19.843% $7,784 $7,784 -0.45%
2024/25 $1,987,000 $119,220 $38,930 20.085% $7,819 $7,819 +6.00%
2023/24 $1,807,000 $108,420 $36,727 20.085% $7,377 $7,377 +4.83%
2022/23 $1,480,000 $88,800 $34,649 20.309% $7,037 $7,037 +7.83%
2021/22 $1,267,000 $76,020 $32,688 19.963% $6,526 $6,526 -5.13%
2020/21 $802,000 $48,120 $32,688 21.045% $6,879 $6,879 +0.18%
2019/20 $697,000 $41,820 $32,442 21.167% $6,867 $6,867 +7.26%
2018/19 $581,000 $34,860 $30,606 20.919% $6,402 $6,402 +8.78%
2017/18 $545,000 $32,700 $28,874 20.385% $5,886 $5,886 +8.09%
2016/17 $454,000 $27,240 $27,240 19.991% $5,446 $5,446 +2.23%

Permit information for 5-31 50th Avenue, Long Island City, NY

Filing date Job type Job status Job description Initial cost
01/11/2022 Alteration
05/05/2021 Alteration
08/14/2012 Alteration type 2
06/28/2012 Alteration type 2
08/08/2005 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
03/01/2013 Lblvio-low pressure boiler
12/13/2011 Lblvio-low pressure boiler
12/31/2009 Lblvio-low pressure boiler

*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
2

Subway & traffic

Closest station
Vernon Blvd & 50th Ave at SW Corner
Station lines
7
Distance (miles)
0.06

Access the detailed traffic volume map for 5-31 50th Avenue, 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 5-31 50th Avenue, Long Island City, NY 11101?

The development at 5-31 50th Avenue, Long Island City, NY 11101 was built in 1920.

What is the market value of 5-31 50th Avenue, Long Island City, NY 11101?

The current market value of 5-31 50th Avenue, Long Island City, NY 11101 is $2,864,000.

What is the total square footage of 5-31 50th Avenue, Long Island City, NY 11101?

5-31 50th Avenue, Long Island City, NY 11101 has a total of 5,025 square feet.

What is the price per square foot for this property?

$154 per square foot is the price for 5-31 50th Avenue, Long Island City, NY 11101.

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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