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NYC Building Records · BBL 4039210041

123-48 LAX AVENUE

Queens · Block 3921 · Lot 41 · Walk-up, pre-1929 (Class C3)

123-48 LAX AVENUE is a Class C3 (walk-up, pre-1929) building in Queens (BBL 4039210041) built in 1987, with 4 residential units across 2 floors.

The building is in NYC community district 407, council district 19, zoning district R3A, on a 5,945-square-foot lot with a building footprint of 2,288 square feet.

The current registered owner of record per NYC PLUTO is 12348 LAX LLC.

The most recent ACRIS deed transfer for this BBL was recorded on January 1, 2025 when Papas, Stergios conveyed the property to 12348 Lax Llc for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).

Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.

Owner of record

12348 LAX LLC

Most recent deed

Last transferred on Jan 1, 2025 to 12348 Lax Llc.
Previous owner: Papas, Stergios
Cash sale: no recorded mortgage tied to this transfer.
🔒 See full deed history for this building →

Recent ACRIS documents (last 2)

DateTypeAmountParties
Jan 1, 2025DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
Dec 7, 2005DEED$375KParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
4
Year built
1987
Class
C3
Borough
Queens
Zoning:
R3A
Lot size:
5,945 sqft
Building area:
2,288 sqft
Floors:
2
Assessed value:
$149K
Community district:
407
Council district:
19

HPD violations

0 open
Most severe class on record: Class C (immediately hazardous)
No open violations on record. Source: NYC HPD.
🔒 See full violation history →

Recent HPD violation details

Most recent 5 violations issued by NYC HPD at this address:
  • Class BInspected May 2, 2024
    § 27-2005 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN UNIFORM COLOR CEILING IN THE 1st ROOM FROM NORTH AT EA…
  • Class BInspected May 2, 2024
    § 27-2026 ADMIN. CODE: REPAIR THE FLUSHING APPARATUS AND MAINTAIN SAME SO AS TO FLUSH EFFECTIVELY THE WATER CLOSET IN THE 1st BATHROOM FROM…
  • Class BInspected Jul 8, 2022
    § 27-2026 ADM CODE REPAIR THE BROKEN OR DEFECTIVE CONNECTION WASTE LINE OF SINK IN THE KITCHEN LOCATED AT APT 2NDFLO, 2nd STORY, 1st APARTME…
  • Class CInspected Jul 8, 2022
    HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF ROACHES IN THE ENTIRE APARTMENT LOCATED AT APT 2NDFLO, 2nd STORY, 1st APARTMEN…
  • Class CInspected Jul 8, 2022
    § 27-2005, 27-2007, 27-2041.1 HMC: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE APARTMENT MAIN ENTRANCE DOOR IN THE…
🔒 See full violation history with closure dates →

Recent ACRIS activity

2 documents in the last 5 years (most recent Jan 1, 2025).

Frequently asked questions about 123-48 LAX AVENUE

Who owns 123-48 LAX AVENUE?

The current registered owner of record for 123-48 LAX AVENUE per NYC PLUTO is 12348 LAX LLC. The most recent ACRIS deed transfer for this BBL was recorded on January 1, 2025 when the property was conveyed to 12348 Lax Llc. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.

When was 123-48 LAX AVENUE last sold?

The most recent ACRIS deed transfer for 123-48 LAX AVENUE was recorded on January 1, 2025, when Papas, Stergios conveyed the property to 12348 Lax Llc for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).

How many HPD violations does 123-48 LAX AVENUE have?

No open HPD housing-maintenance code violations are on record for 123-48 LAX AVENUE. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 123-48 LAX AVENUE?

NYC Department of Finance assesses 123-48 LAX AVENUE at $149K for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.

What building class is 123-48 LAX AVENUE and what does that mean?

123-48 LAX AVENUE is NYC building class C3 — Walk-up, pre-1929. A walk-up apartment building constructed before 1929, typically 3-6 stories and often rent-stabilized. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.

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