42-24 ITHACA STREET
42-24 ITHACA STREET is a Class A1 (one-family two-story) building in Queens (BBL 4015580019) built in 1920, with 1 residential unit across 3 floors.
The building is in NYC community district 404, council district 25, zoning district R5, on a 2,500-square-foot lot with a building footprint of 2,060 square feet.
The current registered owner of record per NYC PLUTO is XIAO MING SITU IRREVOCABLE TRUST.
The most recent ACRIS deed transfer for this BBL was recorded on October 21, 2022 when Xiao Ming Situ Revocable Trust conveyed the property to Xiao Ming Situ Irrevocable Trust; Michael Sam Chen, Trustee for a non-disclosed consideration. 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 2)
Building stats
- Zoning:
- R5
- Lot size:
- 2,500 sqft
- Building area:
- 2,060 sqft
- Floors:
- 2.5
- Assessed value:
- $59K
- Community district:
- 404
- Council district:
- 25
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 42-24 ITHACA STREET
Who owns 42-24 ITHACA STREET?
The current registered owner of record for 42-24 ITHACA STREET per NYC PLUTO is XIAO MING SITU IRREVOCABLE TRUST. The most recent ACRIS deed transfer for this BBL was recorded on October 21, 2022 when the property was conveyed to Xiao Ming Situ Irrevocable Trust; Michael Sam Chen, Trustee. 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 42-24 ITHACA STREET last sold?
The most recent ACRIS deed transfer for 42-24 ITHACA STREET was recorded on October 21, 2022, when Xiao Ming Situ Revocable Trust conveyed the property to Xiao Ming Situ Irrevocable Trust; Michael Sam Chen, Trustee for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 42-24 ITHACA STREET have?
No open HPD housing-maintenance code violations are on record for 42-24 ITHACA 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 42-24 ITHACA STREET?
NYC Department of Finance assesses 42-24 ITHACA STREET at $59K 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 42-24 ITHACA STREET and what does that mean?
42-24 ITHACA STREET is NYC building class A1 — One-family two-story. A single-family detached two-story 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.