| Assessor Parcel ID (APN) | 4000160025 |
|---|---|
| Situs Property Address | 50-02 5 STREET, Queens, NY 11101 |
| Recorded Legal Deed Holder | Fifth Street Real Estate Company Llc |
| DOR Land Classification | O5 |
| Improvement Allocation | 75% Structure ($2,590,650) • 25% Land ($878,400) |
| Recorded Legal Owner | Fifth Street Real Estate Company Llc |
|---|---|
| Land Classification | O5 |
| Improvement Share | 75% Structure • 25% Land |
50-02 5 STREET is cataloged under the Queens County, NY property tax appraisal roll with a certified market valuation of $3,469,050. Structural improvements constitute 75% ($2,590,650) of total parcel value, with allocated land value accounting for 25% ($878,400). Based on the prevailing NY benchmark tax rate of 1.72%, estimated annual ad valorem taxes are approximately $59,668/year.
| Adjacent Property & Address | City | Just Valuation |
|---|---|---|
| 50-09 2 STREET, Queens, NY (Parcel 4000167501) | Queens | $11,629,786 |
| 2-45 51 AVENUE, Queens, NY (Parcel 4000167502) | Queens | $8,913,145 |
| 2-33 50 AVENUE, Queens, NY (Parcel 4000170001) | Queens | $99,777,150 |
| 50 AVENUE, Queens, NY (Parcel 4000170019) | Queens | Active Cadastral Lot |
| 2-01 50 AVENUE, Queens, NY (Parcel 4000170028) | Queens | $61,438,950 |
| 4-12 49 AVENUE, Queens, NY (Parcel 4000170029) | Queens | $2,464,650 |