221-40 59 AVENUE
221-40 59 AVENUE is a Class B2 (two-family frame) building in Queens (BBL 4075270016) built in 1970, with 2 residential units across 2 floors.
The building is in NYC community district 411, council district 23, zoning district R4-1, on a 3,075-square-foot lot with a building footprint of 2,535 square feet.
The current registered owner of record per NYC PLUTO is XU, ZHEN.
The most recent ACRIS deed transfer for this BBL was recorded on January 24, 2023 when FORTUNE RENOVATION NY LLC conveyed the property to XU, ZHEN; ZENG, ZHAO ZHONG for $1.28M. The transaction was financed with a $470K mortgage from Mers.
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 3)
Building stats
- Zoning:
- R4-1
- Lot size:
- 3,075 sqft
- Building area:
- 2,535 sqft
- Floors:
- 2
- Assessed value:
- $69K
- Community district:
- 411
- Council district:
- 23
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 221-40 59 AVENUE
Who owns 221-40 59 AVENUE?
The current registered owner of record for 221-40 59 AVENUE per NYC PLUTO is XU, ZHEN. The most recent ACRIS deed transfer for this BBL was recorded on January 24, 2023 when the property was conveyed to XU, ZHEN; ZENG, ZHAO ZHONG. 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 221-40 59 AVENUE last sold?
The most recent ACRIS deed transfer for 221-40 59 AVENUE was recorded on January 24, 2023, when FORTUNE RENOVATION NY LLC conveyed the property to XU, ZHEN; ZENG, ZHAO ZHONG for $1.28M. The transaction was financed with a $470K mortgage from Mers.
How many HPD violations does 221-40 59 AVENUE have?
No open HPD housing-maintenance code violations are on record for 221-40 59 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 221-40 59 AVENUE?
NYC Department of Finance assesses 221-40 59 AVENUE at $69K 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 221-40 59 AVENUE and what does that mean?
221-40 59 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.