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NYC Building Records · BBL 4034860016

2042 GATES AVENUE

Queens · Block 3486 · Lot 16 · Walk-up, over six families (Class C1)

2042 GATES AVENUE is a Class C1 (walk-up, over six families) building in Queens (BBL 4034860016) built in 1909, with 7 residential units across 3 floors.

The building is in NYC community district 405, council district 30, zoning district R6B, on a 2,742-square-foot lot with a building footprint of 5,600 square feet.

The current registered owner of record per NYC PLUTO is MORCOS REALTY LLC.

The most recent ACRIS deed transfer for this BBL was recorded on April 29, 2026 when MORCOS REALTY LLC conveyed the property to 2042 GATES AVE LLC for $850K. The transaction was financed with a $595K mortgage from MERS.

The building is registered with NYC HPD's landlord-registration system and has no open HPD housing-maintenance code violations on record as of May 18, 2026.

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

MORCOS REALTY LLC
HPD-registered head officer: GUIRGUIS MEGALLA

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerGUIRGUIS MEGALLA
  • Corporate OwnerMORCOS REALTY LLC
  • Managing AgentMORCOS REALTY

Most recent deed

Last transferred on Apr 29, 2026 for $850K to 2042 GATES AVE LLC.
Previous owner: MORCOS REALTY LLC
Mortgage: $595K recorded Apr 29, 2026 with MERS. Loan-to-value: 70%.
🔒 See all transfers before the 2026 sale →

Recent ACRIS documents (last 4)

DateTypeAmountParties
Apr 29, 2026DEED$850KParties redacted — full names in MetroDeeds Scout+
Apr 29, 2026MTGE$595KParties redacted — full names in MetroDeeds Scout+
Dec 19, 2012DEED$765KParties redacted — full names in MetroDeeds Scout+
Feb 26, 2011DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 4 redacted buyer/seller names above →

Building stats

Units
7
Year built
1909
Class
C1
Borough
Queens
Zoning:
R6B
Lot size:
2,742 sqft
Building area:
5,600 sqft
Floors:
3
Assessed value:
$470K
Community district:
405
Council district:
30

HPD violations

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

Recent HPD violation details

Most recent 5 violations issued by NYC HPD at this address:
  • Class CInspected Jan 15, 2026
    § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MIS…
  • Class CInspected Mar 5, 2020
    § 27-2005 ADM CODE & 309 M/D LAW ABATE THE NUISANCE CONSISTING OF SCALDING HOT WATER TEMPARATURE EXCEDING 130 DEGREES IN THE ENTIRE APARTMEN…
  • Class CInspected Dec 31, 2019
    § 27-2005 ADM CODE & 309 M/D LAW ABATE THE NUISANCE CONSISTING OF SCALDING HOT WATER EXCEEDING 130 DEGREES IN THE ENTIRE APARTMENT LOCATED A…
  • Class BInspected Dec 31, 2019
    § 27-2005 ADM CODE PROPERLY REPAIR THE BROKEN OR DEFECTIVE GUIDE LOCKS AT LOWER WINDOW SASH IN THE 1st ROOM FROM EAST LOCATED AT APT 3L, 3rd…
  • Class BInspected Dec 31, 2019
    § 27-2005, 2007 ADM CODE FIRE EGRESS DEFECTIVE. REMOVE OBSTRUCTING BARS OR UNLAWFUL GATES FROM WINDOW TO FIRE ESCAPE OR PROVIDE APPROVED TYP…
🔒 See closure dates + classification on archived violations →

Recent ACRIS activity

4 documents in the last 5 years (most recent Apr 29, 2026).

Frequently asked questions about 2042 GATES AVENUE

Who owns 2042 GATES AVENUE?

The current registered owner of record for 2042 GATES AVENUE per NYC PLUTO is MORCOS REALTY LLC. The most recent ACRIS deed transfer for this BBL was recorded on April 29, 2026 when the property was conveyed to 2042 GATES AVE 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 2042 GATES AVENUE last sold?

The most recent ACRIS deed transfer for 2042 GATES AVENUE was recorded on April 29, 2026, when MORCOS REALTY LLC conveyed the property to 2042 GATES AVE LLC for $850K. The transaction was financed with a $595K mortgage from MERS.

How many HPD violations does 2042 GATES AVENUE have?

No open HPD housing-maintenance code violations are on record for 2042 GATES AVENUE as of May 18, 2026. The building is registered with NYC HPD's landlord-registration system. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 2042 GATES AVENUE?

NYC Department of Finance assesses 2042 GATES AVENUE at $470K 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 2042 GATES AVENUE and what does that mean?

2042 GATES AVENUE is NYC building class C1 — Walk-up, over six families. A 3-to-6-story walk-up apartment building with more than 6 residential units. 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.

More from MetroDeeds

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