New York City  »  11101  »  37th St  »  4850 37th St

The Cambridge - 48-50 37th Street, Long Island City, NY 11101 - Property report

Also known as: 48-50 37th St

Property image for The Cambridge - 48-50 37th Street, Long Island City, NY 11101
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Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1961

Lot sq. ft.

25,000

General information

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Address
Building name
The Cambridge
Primary address
The Cambridge - 48-50 37th Street
ZIP code
11101
Neighborhood
Sunnyside
Borough
Queens
Block & lot
00236-0066

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
100,528
Building dimensions
250 ft x 95 ft
Buildings on lot
1
Stories
7
Year built
1961
Building material
Tax
Tax year
2026-2027
Property tax
$641,143
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
120
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
250 ft x 100 ft
Lot sq. ft.
25,000

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
80 /100.  Excellent Transit
Bike score
76 /100.  Very Bikeable
School district
24
Community district
2
Closest police station
0.94 Miles
Closest fire station
0.22 Miles

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

Ownership information for The Cambridge - 48-50 37th Street, 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 The Cambridge - 48-50 37th Street, Long Island City, NY 11101

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/27/2023 - R Initial UCC1
(2023072500304008)
XXXXXXXXX XXXXXXX XXXXXXXX XXXXXXX XX XXXX X X
07/27/2023 - R
07/05/2023 - D
Assignment of Leases and Rents
(2023072500304007)
XXXXXXXXX XXXXXXX XXXXXXXX XXXXXXX XX XXXX X X
07/27/2023 - R
07/05/2023 - D
Agreement
(2023072500304006)
XXXXXXXXX XXXXXXX XXXXXXXX XXXXXXX XX XXXX X X
07/27/2023 - R
06/28/2023 - D
Assignment, Mortgage
(2023072500304005)
XXXXXXXX XXXXX XXXX X X XX XXXX X X
07/25/2013 - R
06/18/2013 - D
Mortgage
(2013062601431004)
XXXXXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
07/25/2013 - R
06/18/2013 - D
Agreement
(2013062601431003)
XXXXXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
07/25/2013 - R
06/18/2013 - D
Mortgage
(2013062601431002)
XXXXXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
07/25/2013 - R
05/06/2013 - D
Assignment, Mortgage
(2013062601431001)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
06/17/2011 - R
05/19/2011 - D
Agreement
(2011052601026003)
XXXXXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXXX XXXXXXXX XXXXX XXXX X X
06/17/2011 - R
05/19/2011 - D
Mortgage
(2011052601026002)
XXXXXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXXX XXXXXXXX XXXXX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for The Cambridge - 48-50 37th Street, 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
$641,143
Municipal exemptions
Recent tax assessments
Market value
$11,454,000
Assessed value
$5,154,300

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 $12,016,000 $5,407,200 $5,002,290 12.439% $622,235 $614,333 +2.53%
2024/25 $12,046,000 $5,420,700 $4,856,400 12.5% $607,050 $599,148 +3.85%
2023/24 $11,967,000 $5,385,150 $4,677,840 12.502% $584,824 $576,922 +25.99%
2022/23 $10,459,000 $4,706,550 $4,473,810 12.267% $548,802 $457,906 +11.75%
2021/22 $9,093,000 $4,091,850 $4,091,850 12.235% $500,638 $409,741 -22.86%
2020/21 $10,395,000 $4,677,750 $4,329,900 12.267% $531,149 $531,149 +3.91%
2019/20 $10,062,000 $4,527,900 $4,098,240 12.473% $511,173 $511,173 +6.50%
2018/19 $9,700,000 $4,365,000 $3,805,560 12.612% $479,957 $479,957 +7.74%
2017/18 $9,248,000 $4,161,600 $3,502,560 12.719% $445,491 $445,491 +7.18%
2016/17 $8,705,000 $3,917,250 $3,224,190 12.892% $415,663 $415,663 +11.76%

Permit information for The Cambridge - 48-50 37th Street, Long Island City, NY

Filing date Job type Job status Job description Initial cost
08/07/2025 Alteration
03/11/2024 Alteration
12/07/2023 Alteration
05/24/2023 Alteration
03/06/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/13/2022 Fisphaz-hazardous condition (facade) facade required
12/01/2021 Egrade-failure to post energy grade/score
05/31/2018 Fispnrf-no report and / OR late filing (facade)

*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
34th St & Queens Blvd at SW Corner
Station lines
7
Distance (miles)
0.396

Access the detailed traffic volume map for The Cambridge - 48-50 37th Street, 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 The Cambridge - 48-50 37th Street, Long Island City, NY 11101?

The development at The Cambridge - 48-50 37th Street, Long Island City, NY 11101 was built in 1961.

What is the total square footage of The Cambridge - 48-50 37th Street, Long Island City, NY 11101?

The Cambridge - 48-50 37th Street, Long Island City, NY 11101 has a total of 100,528 square feet.

What is the assessed value of The Cambridge - 48-50 37th Street, Long Island City, NY 11101?

The Cambridge - 48-50 37th Street, Long Island City, NY 11101 is currently assessed at $5,154,300.

What are the property taxes for The Cambridge - 48-50 37th Street, Long Island City, NY 11101?

The property taxes for The Cambridge - 48-50 37th Street, Long Island City, NY 11101 total $641,143.

How many residential units does this building have?

This building has 120 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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