Queens  »  11101  »  Review Ave  »  3842 Review Ave

38-42 Review Avenue, Long Island City, NY 11101 - Property report

Also known as: 38-42 Railroad Ave

Property image for 38-42 Review Avenue, Long Island City, NY 11101
static Mapbox map

Property type

Fireproof Warehouse (E1)

Year built

1931

Lot sq. ft.

45,740

General information

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Address
Primary address
38-42 Review Avenue
Alternate address(es)
38-42 Railroad Ave
ZIP code
11101
Neighborhood
Sunnyside
Borough
Queens
Block & lot
00312-0309

Owner

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Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
45,000
Building dimensions
226 ft x 98 ft
Buildings on lot
1
Stories
2
Year built
1931
Building material
Tax
Tax year
2026-2027
Property tax
$192,872
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
209.45 ft x 184.14 ft
Lot sq. ft.
45,740

Area overview

Walk score
41 /100.  Car-Dependent
Transit score
48 /100.  Some Transit
Bike score
48 /100.  Somewhat Bikeable
School district
24
Community district
2
Closest police station
0.91 Miles
Closest fire station
0.46 Miles

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

Ownership information for 38-42 Review 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 38-42 Review Avenue, 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
04/26/2021 - R
04/05/2021 - D
Satisfaction of Mortgage
(2021040800601001)
XXXXXX XX XXX XXX XXXX XXXXXXXXX XXXX
08/31/2017 - R UCC3 Termination
(2017070501363004)
XXXXXX X XXX XXX XXXX XXXXXXXXX XXXX
08/31/2017 - R UCC3 Termination
(2017070501363003)
XXXXXX X XXX XXX XXXX XXXXXXXXX XXXX
08/31/2017 - R
06/22/2017 - D
Partial Release of Mortgage
(2017070501363002)
XXX XXXX XXXXXXXXX XXXX
08/31/2017 - R
06/22/2017 - D
Partial Release of Mortgage
(2017070501363001)
XXX XXXX XXXXXXXXX XXXX
04/09/2015 - R UCC3 Termination
(2015040700576003)
XXXXXX XX XXX XXX XXXX XXXXXXXXX XXXX
04/09/2015 - R Initial UCC1
(2015040700576002)
XXXXXX X XXX XXX XXXX XXXXXXXXX XXXX
04/09/2015 - R Initial UCC1
(2015040700576001)
XXXXXX X XXX XXX XXXX XXXXXXXXX XXXX
04/10/2015 - R
01/30/2015 - D
Mortgage
(2015040200412003)
XXXXXX X XXX XXX XXXX XXXXXXXXX XXXX
04/10/2015 - R
01/30/2015 - D
Mortgage
(2015040200412002)
XXXXXX X XXX XXX XXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 38-42 Review 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
$192,872
Municipal exemptions
Recent tax assessments
Market value
$4,558,000
Assessed value
$2,051,100

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 $4,425,000 $1,991,250 $1,656,630 10.848% $179,711 $179,711 +5.46%
2024/25 $3,952,000 $1,778,400 $1,583,380 10.762% $170,403 $170,403 +4.17%
2023/24 $3,432,000 $1,544,400 $1,544,400 10.592% $163,583 $163,583 +0.78%
2022/23 $3,388,000 $1,524,600 $1,524,600 10.646% $162,309 $162,309 +4.48%
2021/22 $3,210,000 $1,444,500 $1,444,500 10.755% $155,356 $155,356 -15.61%
2020/21 $4,067,000 $1,830,150 $1,721,520 10.694% $184,099 $184,099 +6.80%
2019/20 $4,091,000 $1,840,950 $1,635,930 10.537% $172,378 $172,378 +8.21%
2018/19 $3,944,000 $1,774,800 $1,515,060 10.514% $159,293 $159,293 +7.65%
2017/18 $3,718,000 $1,673,100 $1,407,420 10.514% $147,976 $147,976 +5.87%
2016/17 $3,308,000 $1,488,600 $1,321,800 10.574% $139,767 $139,767 +12.05%

Permit information for 38-42 Review Avenue, Long Island City, NY

Filing date Job type Job status Job description Initial cost
04/14/2025 Alteration
11/09/2023 Alteration
01/30/2023 Alteration
02/11/2021 Alteration
12/21/2006 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
06/03/2021 Bench-failure to benchmark none
05/09/2018 E-elevator
03/07/2018 Aeuhaz1-fail to certify class 1

*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
0.2,AE,X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
Manhattan Ave & Nassau Ave at SE Corner
Station lines
G
Distance (miles)
0.899

Access the detailed traffic volume map for 38-42 Review 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 38-42 Review Avenue, Long Island City, NY 11101?

The development at 38-42 Review Avenue, Long Island City, NY 11101 was built in 1931.

What is the market value of 38-42 Review Avenue, Long Island City, NY 11101?

The current market value of 38-42 Review Avenue, Long Island City, NY 11101 is $4,558,000.

What is the total square footage of 38-42 Review Avenue, Long Island City, NY 11101?

38-42 Review Avenue, Long Island City, NY 11101 has a total of 45,000 square feet.

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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