124-16 5 AVENUE
124-16 5 AVENUE is a Class B2 (two-family frame) building in Queens (BBL 4039480009) built in 2018, with 2 residential units across 2 floors.
The building is in NYC community district 407, council district 19, zoning district R3A, on a 2,500-square-foot lot with a building footprint of 1,800 square feet.
The current registered owner of record per NYC PLUTO is LU, QINHUAI.
The most recent ACRIS deed transfer for this BBL was recorded on May 30, 2023 when Lin, Xiuna; Yang, Huaxing conveyed the property to Lu, Qinhuai; Li, Xiaowei for $1.13M. 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
Most recent deed
Recent ACRIS documents (last 4)
Building stats
- Zoning:
- R3A
- Lot size:
- 2,500 sqft
- Building area:
- 1,800 sqft
- Floors:
- 2.25
- Assessed value:
- $76K
- Community district:
- 407
- Council district:
- 19
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 124-16 5 AVENUE
Who owns 124-16 5 AVENUE?
The current registered owner of record for 124-16 5 AVENUE per NYC PLUTO is LU, QINHUAI. The most recent ACRIS deed transfer for this BBL was recorded on May 30, 2023 when the property was conveyed to Lu, Qinhuai; Li, Xiaowei. 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 124-16 5 AVENUE last sold?
The most recent ACRIS deed transfer for 124-16 5 AVENUE was recorded on May 30, 2023, when Lin, Xiuna; Yang, Huaxing conveyed the property to Lu, Qinhuai; Li, Xiaowei for $1.13M. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 124-16 5 AVENUE have?
No open HPD housing-maintenance code violations are on record for 124-16 5 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 124-16 5 AVENUE?
NYC Department of Finance assesses 124-16 5 AVENUE at $76K 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 124-16 5 AVENUE and what does that mean?
124-16 5 AVENUE is NYC building class B2 — Two-family frame. A two-family residential building of frame construction. 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.