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The Greenwich - 48-50 38th Street, Long Island City, NY 11101 Property Information

The Greenwich - 48-50 38th Street, Long Island City, NY 11101 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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The Greenwich - 48-50 38th Street, Long Island City, NY 11101 2
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Address

Building name The Greenwich
Primary address The Greenwich - 48-50 38th Street
Secondary address 48 38th St
Neighborhood Sunnyside
Zip code 11101
Borough Queens
Block & lot 00232-0018

Sales & Tax Overview for 48-50 38th Street, Long Island City

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

Tax class
Estimated property tax $410,524

Lot & Building Information for 48-50 38th Street, Long Island City

Lot sqft 22,000
Lot dimensions 160 ft x 200 ft
Building class Elevator Apartment - Semi-fireproof without Stores (D1) i
Building sqft 73,681
Building dimensions 160 ft x 77 ft
Buildings on lot 2
Stories 6
Year built 1960
Construction type
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Zoning & Use for 48-50 38th Street, Long Island City

Zoning
Qualified opportunity zone
Residential units (DOF) 82
Regulated units
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 24
Community district 2
Closest police station 0.94 Miles
Closest fire station 0.25 Miles

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

Other Property Data for 48-50 38th 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 The Greenwich - 48-50 38th 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 The Greenwich - 48-50 38th 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.

  • 48 38th St, Long Island City, NY 11101
  • 50 38th St, Long Island City, NY 11101
  • 48-50 Garage 38th St, Long Island City, NY 11101

About 48-50 38th Street, Long Island City

What is the year built & the total sq. ft. for The Greenwich - 48-50 38th Street, Long Island City, NY 11101?

The Greenwich - 48-50 38th Street, Long Island City, NY 11101 was built in 1960 and has a total of 73,681 square feet.

What is the assessed value of The Greenwich - 48-50 38th Street, Long Island City, NY 11101 and the property tax paid?

Assessed at $3,759,750, the tax amount paid for The Greenwich - 48-50 38th Street, Long Island City, NY 11101 is $378,763. For the next year, the tax amount for The Greenwich - 48-50 38th Street, Long Island City, NY 11101 is estimated at $410,524.

When was The Greenwich - 48-50 38th Street, Long Island City, NY 11101 last sold?

The Greenwich - 48-50 38th Street, Long Island City, NY 11101 was last sold in 04/02/1999.

How many residential units does this building have?

This building has 82 residential unit(s).

Ownership Information for 48-50 38th Street, Long Island City

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Property owner name for The Greenwich - 48-50 38th Street, Long Island City, NY 11101
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Building contacts for The Greenwich - 48-50 38th Street, Long Island City, NY 11101
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 48-50 38th Street, Long Island City

Create a free account to view the complete sales history for 48-50 38th Street, Long Island City, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 48-50 38th 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
07/27/2023 - R Initial UCC1
(2023072500304004)
07/05/2023 - D
07/27/2023 - R
Assignment of Leases and Rents
(2023072500304003)
07/05/2023 - D
07/27/2023 - R
Agreement
(2023072500304002)
06/28/2023 - D
07/27/2023 - R
Assignment, Mortgage
(2023072500304001)
06/18/2013 - D
07/26/2013 - R
Mortgage
(2013062700575004)
06/18/2013 - D
07/26/2013 - R
Agreement
(2013062700575003)
06/18/2013 - D
07/26/2013 - R
Mortgage
(2013062700575002)
05/31/2013 - D
07/26/2013 - R
Assignment, Mortgage
(2013062700575001)
05/19/2011 - D
06/17/2011 - R
Agreement
(2011052500506003)
05/19/2011 - D
06/17/2011 - R
Mortgage
(2011052500506002)
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R: Recorded date
D: Document date

Property Taxes for 48-50 38th Street, Long Island City

Access detailed property tax data for The Greenwich - The Greenwich - 48-50 38th 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: $378,764
Estimated property tax: $410,524
Tax assessor's market value: $8,355,000
Assessed value: $3,759,750

Assessment History for 48-50 38th Street, Long Island City

Here's the assessment & property tax history for 48-50 38th 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 $8,355,000 $3,759,750 $3,044,970 12.439% $378,764 $378,764 +8.74%
2024/25 $7,152,000 $3,218,400 $2,818,980 12.5% $352,373 $348,308 +4.21%
2023/24 $7,175,000 $3,228,750 $2,706,030 12.502% $338,308 $334,243 +22.76%
2022/23 $5,868,000 $2,640,600 $2,558,880 12.267% $313,898 $272,274 +9.24%
2021/22 $5,283,000 $2,377,350 $2,377,350 12.235% $290,869 $249,246 -16.72%

Permits for 48-50 38th Street, Long Island City

The complete history of permits filed for 48-50 38th 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
10/27/2025 Alteration
07/09/2024 Alteration
08/06/2019 Alteration
06/21/2019 Alteration type 2
05/10/2016 Alteration type 3
08/12/2014 Alteration type 2
09/17/2013 Alteration type 2
06/25/2012 Alteration type 2
08/10/2010 Alteration type 3
05/18/2010 Alteration type 3
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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): X (See more on map)

Transportation

Distance to Subway
Closest station 40th St & Queens Blvd at SW Corner
Station lines 7
Distance (miles) 0.401
View subway map
Bus Routes
Name Greenpoint Av/38th St
Line B24
Distance (miles) 0.048

Neighbors for 48-50 38th Street, Long Island City

Here are the neighbors for The Greenwich - The Greenwich - 48-50 38th Street, Long Island City, NY 11101.

Address Square feet Purchase date Purchase price
35-11 Greenpoint Ave, Long Island City 16,292 12/09/2021 $7,550,000
43-02 38th St, Long Island City 43,806
36-16 Greenpoint Ave, Long Island City 10/20/2021
50-25 35th St, Long Island City 7,764 12/09/2021 $7,550,000
37-20 48th Ave, Long Island City 14,000 08/01/2001
45-48 37th St, Long Island City 10,000 08/30/2012
35-28 Greenpoint Ave, Long Island City 9,900
37-35 Hunters Point Ave, Long Island City 9,630 12/03/2020
47-15 36th St, Long Island City 9,000 06/30/2011
37-11 48th Ave, Long Island City 18,715 05/05/1997
43-05 35th St, Long Island City 8,500 06/14/2018 $5,100,000
38-15 Queens Blvd, Long Island City 66,584 02/28/2023 $35,000,000
41-28 37th St, Long Island City 10,000 07/30/1971
37-27 Hunters Point Ave, Long Island City 3,500 09/09/2008 $900,000
37-15 Hunters Point Ave, Long Island City 6,375 03/17/2006
35-15 Greenpoint Ave, Long Island City 950 05/31/1979
47-47 35th St, Long Island City 15,000 07/02/1997
45-47 37th St, Long Island City 7,200 01/12/2006
41-09 36th St, Long Island City 4,900 01/09/1980
48-53 36th St, Long Island City 09/09/2009 $1,800,000
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