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NYC Building Records · BBL 4081230016

40-04 248 STREET

Queens · Block 8123 · Lot 16 · Two-family brick (Class B1)

40-04 248 STREET is a Class B1 (two-family brick) building in Queens (BBL 4081230016) built in 1989, with 2 residential units across 2 floors.

The building is in NYC community district 411, council district 19, zoning district R3-1, on a 3,100-square-foot lot with a building footprint of 2,300 square feet.

The current registered owner of record per NYC PLUTO is LIU, JEFFREY XING BIN.

The most recent ACRIS deed transfer for this BBL was recorded on April 19, 2023 when LEE, ALEX DUHO conveyed the property to LIU, JEFFREY XING BIN; YEE, JEANNETTE for $980K. The transaction was financed with a $784K 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

LIU, JEFFREY XING BIN

Most recent deed

Last transferred on Apr 19, 2023 for $980K to LIU, JEFFREY XING BIN; YEE, JEANNETTE.
Previous owner: LEE, ALEX DUHO
Mortgage: $784K recorded Apr 19, 2023 with Mers. Loan-to-value: 80%.
🔒 See full deed history for this building →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Apr 19, 2023DEED$980KParties redacted — full names in MetroDeeds Scout+
Apr 19, 2023MTGE$784KParties redacted — full names in MetroDeeds Scout+
Feb 24, 2020DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
Jan 2, 2020MTGE$13KParties redacted — full names in MetroDeeds Scout+
Jan 2, 2020AGMT$177KParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
2
Year built
1989
Class
B1
Borough
Queens
Zoning:
R3-1
Lot size:
3,100 sqft
Building area:
2,300 sqft
Floors:
2
Assessed value:
$66K
Community district:
411
Council district:
19

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

5 documents in the last 5 years (most recent Apr 19, 2023).

Frequently asked questions about 40-04 248 STREET

Who owns 40-04 248 STREET?

The current registered owner of record for 40-04 248 STREET per NYC PLUTO is LIU, JEFFREY XING BIN. The most recent ACRIS deed transfer for this BBL was recorded on April 19, 2023 when the property was conveyed to LIU, JEFFREY XING BIN; YEE, JEANNETTE. 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 40-04 248 STREET last sold?

The most recent ACRIS deed transfer for 40-04 248 STREET was recorded on April 19, 2023, when LEE, ALEX DUHO conveyed the property to LIU, JEFFREY XING BIN; YEE, JEANNETTE for $980K. The transaction was financed with a $784K mortgage from Mers.

How many HPD violations does 40-04 248 STREET have?

No open HPD housing-maintenance code violations are on record for 40-04 248 STREET. 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 40-04 248 STREET?

NYC Department of Finance assesses 40-04 248 STREET at $66K 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 40-04 248 STREET and what does that mean?

40-04 248 STREET is NYC building class B1 — Two-family brick. A two-family residential building of brick construction, typically owner-occupied. 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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