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55-01 2nd Street, Long Island City, NY 11101 Property Information

55-01 2nd Street, Long Island City, NY 11101 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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55-01 2nd Street, Long Island City, NY 11101
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Address

Primary address 55-01 2nd Street
Secondary address 2-21 Malt Dr
Neighborhood Hunters Point
Zip code 11101
Borough Queens
Block & lot 00011-0001

Sales & Tax Overview for 55-01 2nd Street, Long Island City

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 05/15/2019
Purchase price $285,000,000
Tax class
Estimated property tax $262,470

Lot & Building Information for 55-01 2nd Street, Long Island City

Lot sqft 130,916
Lot dimensions 530.02 ft x 247 ft
Building class Elevator Apartment - Fireproof with Stores (D6) i
Building sqft 842,064
Building dimensions 440 ft x 200 ft
Buildings on lot 1
Stories 39
Year built 2022
Construction type
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Zoning & Use for 55-01 2nd Street, Long Island City

Zoning
Qualified opportunity zone
Residential units (DOF) 812
Regulated units
Commercial units 6
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 30
Community district 2
Closest police station 0.88 Miles
Closest fire station 0.42 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 55-01 2nd Street, Long Island City

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 55-01 2nd Street, Long Island City, NY 11101, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 55-01 2nd Street, Long Island City, NY 11101, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 2-21 Malt Dr, Long Island City, NY 11101

About 55-01 2nd Street, Long Island City

How many square feet does 55-01 2nd Street, Long Island City, NY 11101 have?

This Elevator Apartment - Fireproof with Stores (D6) located at 55-01 2nd Street, Long Island City, NY 11101 has a total of 842,064 square feet.

What is the year built & the current market value of 55-01 2nd Street, Long Island City, NY 11101?

55-01 2nd Street, Long Island City, NY 11101 was built in 2022 and has a current tax assessor's market value of $156,759,000.

How many commercial spaces does this building have?

This building has 6 commercial spaces available for lease.

Ownership Information for 55-01 2nd Street, Long Island City

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Property owner name for 55-01 2nd Street, Long Island City, NY 11101
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Building contacts for 55-01 2nd Street, Long Island City, NY 11101
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
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Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 55-01 2nd Street, Long Island City

Create a free account to view the complete sales history for 55-01 2nd Street, Long Island City, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
05/15/2019 $285,000,000

Title Documents for 55-01 2nd Street, Long Island City

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
09/12/2025 - D
09/19/2025 - R
Declaration
(2025091700530002)
01/03/2024 - D
01/12/2024 - R
Sundry Miscellaneous
(2024011000044001)
09/28/2023 - D
10/16/2023 - R
Easement
(2023101300299001)
01/18/2023 - R Initial UCC1
(2023011300506006)
01/11/2023 - D
01/18/2023 - R
Mortgage
(2023011300506005)
01/11/2023 - D
01/18/2023 - R
Mortgage
(2023011300506004)
01/11/2023 - D
01/18/2023 - R
Deed
(2023011300506003)
01/11/2023 - D
01/18/2023 - R
Agreement
(2023011300506002)
01/11/2023 - D
01/18/2023 - R
Release
(2023011300506001)
06/15/2022 - D
07/18/2022 - R
Agreement
(2022070701045001)
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R: Recorded date
D: Document date

Property Taxes for 55-01 2nd Street, Long Island City

Access detailed property tax data for 55-01 2nd Street, Long Island City, NY 11101. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $8,701,034
Estimated property tax: $262,470
Tax assessor's market value: $156,759,000
Assessed value: $70,541,550

Assessment History for 55-01 2nd Street, Long Island City

Here's the assessment & property tax history for 55-01 2nd Street, Long Island City, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $156,759,000 $70,541,550 $69,949,624 12.439% $8,701,034 $8,701,034 +139.53%
2024/25 $66,850,000 $30,082,500 $29,060,455 12.5% $3,632,557 $3,632,557 +986.24%
2023/24 $9,634,000 $4,335,300 $2,674,892 12.502% $334,415 $334,415 +57.00%
2022/23 $7,411,144 $3,335,015 $2,000,738 10.646% $212,999 $212,999 +105.61%
2021/22 $2,219,000 $998,550 $963,223 10.755% $103,595 $103,595 +794.73%

Permits for 55-01 2nd Street, Long Island City

The complete history of permits filed for 55-01 2nd Street, Long Island City, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
12/15/2025 Alteration
12/04/2025 Alteration
10/30/2025 Alteration
09/30/2025 Alteration
09/29/2025 Alteration
09/26/2025 Alteration
09/10/2025 Alteration
09/10/2025 Alteration
09/08/2025 Alteration
07/16/2025 Alteration
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Queens Commercial Market Stats

Access a detailed real estate market overview of Queens so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Queens and compare it to other boroughs in New York City.

Median Price/Sqft Q3/2025
$431
-0.5% YoY
Median Price/Sqft Q2/2025
$449
9.9% YoY
Median Price/Sqft 2024
$413
0.5% YoY

Check out recently sold homes in Queens and see how their prices compare.

Risk

FEMA flood zone(s): 0.2,AE,X (See more on map)
Hurricane evacuation zone: 1 (See more on map)

Transportation

Distance to Subway
Closest station Vernon Blvd & 50th Ave at SW Corner
Station lines 7
Distance (miles) 0.284
View subway map
Bus Routes
Name Box St/Manhattan Av
Line B43
Distance (miles) 0.233

Neighbors for 55-01 2nd Street, Long Island City

Here are the neighbors for 55-01 2nd Street, Long Island City, NY 11101.

Address Square feet Purchase date Purchase price
2-02 Borden Ave, Long Island City 1,500
50-02 5th St, Long Island City 50,207 03/15/2011 $10,250,000
52-20 2nd St, Long Island City 02/18/1969
52-25 2nd St, Long Island City 01/21/1999
5-40 44th Dr, Long Island City 20,000
1-01 - 1-02 54th Ave, Long Island City
5-35 A 54th Ave, Long Island City 02/07/2006 $14,577
2-19 50th Ave, Long Island City
44-68 Vernon Blvd, Long Island City 15,800 06/27/2013
2-16 Borden Ave, Long Island City 03/12/1984
2-24 51st Ave, Long Island City 13,350 06/25/2020
4-75 48th Ave, Long Island City 684,862 10/04/2000
51-24 2nd St, Long Island City 10/06/2009
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