New York City  »  11373  »  56th Ave  »  8950 56th Ave

The Elmwood Arms - 89-50 56th Avenue, Elmhurst, NY 11373 - Property report

Also known as: 89-40 56th Ave

Property image for The Elmwood Arms - 89-50 56th Avenue, Elmhurst, NY 11373
static Mapbox map

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

1963

Lot sq. ft.

52,280

Sale price

$10

General information

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Address
Building name
The Elmwood Arms
Primary address
The Elmwood Arms - 89-50 56th Avenue
Alternate address(es)
89-40 56th Ave
89-60 56th Ave
ZIP code
11373
Neighborhood
Elmhurst
Borough
Queens
Block & lot
01845-0010

Owner

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Building
Property type
Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sq. ft.
177,692
Building dimensions
188 ft x 208 ft
Buildings on lot
1
Stories
6
Year built
1963
Sales
Sale date
11/18/2020
Sale price
$10
Tax
Tax year
2026-2027
Property tax
$549,870
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
165
Residential sq. ft.
Commercial units
2
Office sq. ft.
Lot
Lot dimensions
341.67 ft x 310.17 ft
Lot sq. ft.
52,280

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
77 /100.  Very Bikeable
School district
24
Community district
4
Closest police station
0.67 Miles
Closest fire station
0.27 Miles

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

Ownership information for The Elmwood Arms - 89-50 56th Avenue, Elmhurst, NY

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

Sales history for The Elmwood Arms - 89-50 56th Avenue, Elmhurst, NY 11373

Sale date Sale price Buyer name Seller name
11/18/2020 $10 XXXXXXX XXXX XXX XXXXXXX XXXXXXXXXX X X.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/08/2021 - R UCC3 Termination
(2020120301110002)
XXXXXXX XXXXXXXXXX X X XXXXXXXXX XXXX
01/08/2021 - R
11/18/2020 - D
Assignment, Mortgage
(2020120301110007)
XXXXXXXX XXXXX XXXX X X XXXXXX XXX
01/08/2021 - R
11/18/2020 - D
Agreement
(2020120301110006)
XXXXXXX XXXX XXX XXXXXXXX XXXXX XXXX X X
01/08/2021 - R
11/18/2020 - D
Mortgage
(2020120301110005)
XXXXXXX XXXX XXX XXXXXXXX XXXXX XXXX X X
01/08/2021 - R
11/18/2020 - D
Assignment, Mortgage
(2020120301110004)
XXXXXXXXX XXXX XXXXXXXX XXXXX XXXX X X
01/08/2021 - R
11/18/2020 - D
Deed
(2020120301110003)
XXXXXXX XXXXXXXXXX X X XXXXXXX XXXX XXX
01/08/2021 - R
11/18/2020 - D
Termination of Assign of L&R
(2020120301110001)
XXXXXXXXX XXXX XXXXXXX XXXXXXXXXX
06/27/2017 - R UCC3 Termination
(2017062300576001)
XXXXXXX XXXXXXXXXX X X XXXXXXX XXX X X
06/22/2017 - R Initial UCC1
(2017061900519001)
XXXXXXX XXXXXXXXXX X X XXXXXXXXX XXXX
07/07/2017 - R
06/16/2017 - D
Assignment of Leases and Rents
(2017062300479004)
XXXXXXX XXXXXXXXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for The Elmwood Arms - 89-50 56th Avenue, Elmhurst, 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
$549,870
Municipal exemptions
Recent tax assessments
Market value
$10,030,000
Assessed value
$4,513,500

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 $9,891,000 $4,450,950 $4,206,510 12.439% $523,248 $523,248 -2.08%
2024/25 $9,792,000 $4,406,400 $4,274,910 12.5% $534,364 $534,364 -1.44%
2023/24 $9,694,000 $4,362,300 $4,336,470 12.502% $542,145 $542,145 +1.15%
2022/23 $9,710,000 $4,369,500 $4,369,500 12.267% $536,007 $536,007 +27.23%
2021/22 $7,652,000 $3,443,400 $3,443,400 12.235% $421,300 $421,300 -25.32%
2020/21 $10,651,000 $4,792,950 $4,598,640 12.267% $564,115 $564,115 +1.15%
2019/20 $10,476,000 $4,714,200 $4,471,050 12.473% $557,674 $557,674 +4.85%
2018/19 $10,294,000 $4,632,300 $4,217,210 12.612% $531,875 $531,875 +5.08%
2017/18 $9,999,000 $4,499,550 $3,979,750 12.719% $506,184 $506,184 +4.26%
2016/17 $9,676,000 $4,354,200 $3,765,840 12.892% $485,492 $485,492 +7.55%

Permit information for The Elmwood Arms - 89-50 56th Avenue, Elmhurst, NY

Filing date Job type Job status Job description Initial cost
04/27/2026 Alteration
02/17/2025 Alteration
02/13/2025 Alteration
02/13/2025 Alteration
01/02/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/03/2023 Bench-failure to benchmark none
10/12/2020 E-elevator elevatorrequired
10/12/2020 E-elevator elevatorrequired

*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
6

Subway & traffic

Closest station
Woodhaven Blvd & Queens Blvd at SW Corner
Station lines
M-R
Distance (miles)
0.162

Access the detailed traffic volume map for The Elmwood Arms - 89-50 56th Avenue, Elmhurst, NY 11373 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 Elmwood Arms - 89-50 56th Avenue, Elmhurst, NY 11373?

The development at The Elmwood Arms - 89-50 56th Avenue, Elmhurst, NY 11373 was built in 1963.

What is the market value of The Elmwood Arms - 89-50 56th Avenue, Elmhurst, NY 11373?

The current market value of The Elmwood Arms - 89-50 56th Avenue, Elmhurst, NY 11373 is $10,030,000.

What is the total square footage of The Elmwood Arms - 89-50 56th Avenue, Elmhurst, NY 11373?

The Elmwood Arms - 89-50 56th Avenue, Elmhurst, NY 11373 has a total of 177,692 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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