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NYC Building Records · BBL 4073990036

217-21 49 AVENUE

Queens · Block 7399 · Lot 36 · One-family attached (Class A5)

217-21 49 AVENUE is a Class A5 (one-family attached) building in Queens (BBL 4073990036) built in 1935, with 1 residential unit across 2 floors.

The building is in NYC community district 411, council district 23, zoning district R2A, on a 2,664-square-foot lot with a building footprint of 1,692 square feet.

The current registered owner of record per NYC PLUTO is CHEN, WENCHENG.

The most recent ACRIS deed transfer for this BBL was recorded on October 22, 2021 when PHANTOM CAPITAL LLC conveyed the property to CHEN, WENCHENG for $840K. The transaction was financed with a $625K mortgage from Funding Ny Llc.

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

CHEN, WENCHENG

Most recent deed

Last transferred on Oct 22, 2021 for $840K to CHEN, WENCHENG.
Previous owner: PHANTOM CAPITAL LLC
Mortgage: $625K recorded Aug 6, 2021 with Funding Ny Llc. Loan-to-value: 74%.
🔒 See full deed history for this building →

Recent ACRIS documents (last 4)

DateTypeAmountParties
Oct 22, 2021DEED$840KParties redacted — full names in MetroDeeds Scout+
Aug 6, 2021MTGE$625KParties redacted — full names in MetroDeeds Scout+
Aug 6, 2021DEED$499KParties redacted — full names in MetroDeeds Scout+
Dec 21, 2018DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
1
Year built
1935
Class
A5
Borough
Queens
Zoning:
R2A
Lot size:
2,664 sqft
Building area:
1,692 sqft
Floors:
2
Assessed value:
$60K
Community district:
411
Council district:
23

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See full violation history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

4 documents in the last 5 years (most recent Oct 22, 2021).

Other buildings in this portfolio

CHEN, WENCHENG controls 4 NYC buildings. Top properties by HPD violation count:

Frequently asked questions about 217-21 49 AVENUE

Who owns 217-21 49 AVENUE?

The current registered owner of record for 217-21 49 AVENUE per NYC PLUTO is CHEN, WENCHENG. The most recent ACRIS deed transfer for this BBL was recorded on October 22, 2021 when the property was conveyed to CHEN, WENCHENG. 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 217-21 49 AVENUE last sold?

The most recent ACRIS deed transfer for 217-21 49 AVENUE was recorded on October 22, 2021, when PHANTOM CAPITAL LLC conveyed the property to CHEN, WENCHENG for $840K. The transaction was financed with a $625K mortgage from Funding Ny Llc.

How many HPD violations does 217-21 49 AVENUE have?

No open HPD housing-maintenance code violations are on record for 217-21 49 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 217-21 49 AVENUE?

NYC Department of Finance assesses 217-21 49 AVENUE at $60K 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 217-21 49 AVENUE and what does that mean?

217-21 49 AVENUE is NYC building class A5 — One-family attached. A single-family attached or semi-detached dwelling. 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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