Queens  »  11378  »  48th St  »  5412 48th St

54-12 48th Street, Maspeth, NY 11378 Property Information

54-12 48th Street, Maspeth, NY 11378 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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54-12 48th Street, Maspeth, NY 11378 1
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Address

Primary address 54-12 48th Street
Neighborhood Maspeth
Zip code 11378
Borough Queens
Block & lot 02545-0040

Sales & Tax Overview for 54-12 48th Street, Maspeth

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

Purchase date 10/21/2021
Purchase price $11,550,000
Tax class
Estimated property tax $51,354

Lot & Building Information for 54-12 48th Street, Maspeth

Lot sq. ft. 37,250
Lot dimensions 111.66 ft x 241.56 ft
Property type Licensed Parking Lot (G6)
Building sqft 600
Building dimensions 20 ft x 30 ft
Buildings on lot 1
Stories 1
Year built 1983
Construction type
Status
Status date
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Zoning & Use for 54-12 48th Street, Maspeth

Zoning
Qualified opportunity zone
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 24
Community district 2
Closest police station 1.49 Miles
Closest fire station 0.77 Miles

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

Other Property Data for 54-12 48th Street, Maspeth

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 54-12 48th Street, Maspeth, NY 11378, 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 54-12 48th Street, Maspeth, NY 11378, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 54-12 48th Street, Maspeth

What is the year built & the total sq. ft. for 54-12 48th Street, Maspeth, NY 11378?

54-12 48th Street, Maspeth, NY 11378 was built in 1983 and has a total of 600 square feet.

What is the assessed value of 54-12 48th Street, Maspeth, NY 11378 and the property tax paid?

Assessed at $496,800, the tax amount paid for 54-12 48th Street, Maspeth, NY 11378 is $48,717. For the next year, the tax amount for 54-12 48th Street, Maspeth, NY 11378 is estimated at $51,354.

When was 54-12 48th Street, Maspeth, NY 11378 last sold and what was the last sale price?

54-12 48th Street, Maspeth, NY 11378 was last sold in 10/21/2021 for $11,550,000.

Ownership Information for 54-12 48th Street, Maspeth

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Property owner name for 54-12 48th Street, Maspeth, NY 11378
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Building contacts for 54-12 48th Street, Maspeth, NY 11378
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 54-12 48th Street, Maspeth

No photo available
54-12 48th Street
Listing type For Lease
Listing date 02/04/2026
Last updated 04/24/2026
View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
Ground Floor Retail Listing price not available 600 Mark Gallucci
George Skaliarinis
Active Listings For This Property:
For Lease No photo available
54-12 48th Street
54-12 48th Street, Maspeth
Property Retail
Availability 1 Spaces listed / 600 Sqft
Price Listing price not available
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 54-12 48th Street, Maspeth

Create a free account to view the complete sales history for 54-12 48th Street, Maspeth, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/21/2021 $11,550,000
08/24/2021 $8,190,000
10/01/2006 $3,948,836
       
       
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*Here are the three most recent sales for this property.

Title Documents for 54-12 48th Street, Maspeth

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
02/24/2022 - D
03/02/2022 - R
Zoning Lot Description
(2022022500403002)
02/24/2022 - D
03/02/2022 - R
Certificate
(2022022500403001)
12/06/2021 - R Initial UCC1
(2021111700604005)
12/06/2021 - R Initial UCC1
(2021111700604004)
10/21/2021 - D
12/06/2021 - R
Assignment of Leases and Rents
(2021111700604003)
10/21/2021 - D
12/06/2021 - R
Mortgage
(2021111700604002)
10/21/2021 - D
12/06/2021 - R
Mortgage
(2021111700604001)
10/21/2021 - D
11/05/2021 - R
Deed
(2021102901171001)
08/24/2021 - D
09/10/2021 - R
Deed
(2021083000084001)
10/01/2006 - D
10/30/2006 - R
Deed
(2006101102061001)
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R: Recorded date
D: Document date

Property Taxes for 54-12 48th Street, Maspeth

Access detailed property tax data for 54-12 48th Street, Maspeth, NY 11378. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $48,717
Estimated property tax: $51,354
Tax assessor's market value: $1,104,000
Assessed value: $496,800

Assessment History for 54-12 48th Street, Maspeth

Here's the assessment & property tax history for 54-12 48th Street, Maspeth, 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 $1,104,000 $496,800 $449,091 10.848% $48,717 $48,717 -0.71%
2024/25 $1,051,000 $472,950 $455,923 10.762% $49,066 $49,066 +6.57%
2023/24 $966,000 $434,700 $434,700 10.592% $46,043 $46,043 -24.90%
2022/23 $1,370,000 $616,500 $575,910 10.646% $61,311 $61,311 +18.06%
2021/22 $1,073,000 $482,850 $482,850 10.755% $51,931 $51,931 -15.49%

Permits for 54-12 48th Street, Maspeth

The complete history of permits filed for 54-12 48th Street, Maspeth, 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
10/30/2025 Alteration
06/19/2025 New building
06/13/2025 New building
06/13/2025 New building
06/13/2025 New building
04/30/2025 Alteration
04/25/2025 Alteration
04/25/2025 Alteration
04/22/2025 Alteration
02/04/2025 New building
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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 Q1/2026
$426
-1.6% YoY
Median Price/Sqft Q4/2025
$457
11.4% YoY
Median Price/Sqft 2025
$445
4.3% 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 47th St & Queens Blvd at SW Corner
Station lines 7
Distance (miles) 0.846
View subway map
Bus Routes
Name 48 ST/54 Av
Distance (miles) 0.032

Neighbors for 54-12 48th Street, Maspeth

Here are the neighbors for 54-12 48th Street, Maspeth, NY 11378.

Address Square feet Purchase date Purchase price
54-66 48th St, Maspeth 2,500 01/02/2024
55-30 46th St, Maspeth 70,500 09/17/2021 $57,250,000
54-52 48th St, Maspeth 300 11/05/2020 $800,000
46-14 54th Ave, Maspeth 6,000 04/05/2022 $1
54-03 46th St, Maspeth 6,000 04/05/2022 $1
54-40 48th St, Maspeth 09/21/2018 $375,000
55-05 55th Ave, Maspeth 12/18/2006 $12,000,000
46-62 55th Ave, Maspeth 2,780 05/04/1993
46-05 56th Rd, Maspeth 409,473
46-18 54th Ave, Maspeth 6,000 04/05/2022 $1
44-21 55th Ave, Maspeth 04/20/2018 $3,240,000
54-07 46th St, Maspeth 6,000 04/05/2022 $1
46-49 54th Ave, Maspeth 11,580 04/15/1994
46-36 54th Rd, Maspeth 81,921 12/23/2010
54-60 48th St, Maspeth 9,900 09/21/2018 $1,424,932
44-28 55th Ave, Maspeth 21,350 04/19/2010 $1,478,000
46-36 53rd Ave, Maspeth 09/21/2018 $3,675,000
53-05 46th St, Maspeth 01/30/2025 $3,250,000
46-35 54th Rd, Maspeth 66,500 08/15/1966
46-42 53rd Ave, Maspeth 225 09/21/2018 $3,675,000
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