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NYC Building Records · BBL 4056170057

47-42 198TH STREET

Queens · Block 5617 · Lot 57 · Two-family brick (Class B1)

47-42 198TH STREET is a Class B1 (two-family brick) building in Queens (BBL 4056170057) built in 2022, with 2 residential units across 2 floors.

The building is in NYC community district 411, council district 20, zoning district R3-2, on a 3,500-square-foot lot with a building footprint of 2,330 square feet.

The current registered owner of record per NYC PLUTO is GEN Y HOLDING LLC.

The most recent ACRIS deed transfer for this BBL was recorded on April 10, 2024 when 4742 198 Flushing Llc conveyed the property to Gen Y Holding Llc 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

GEN Y HOLDING LLC

Most recent deed

Last transferred on Apr 10, 2024 to Gen Y Holding Llc.
Previous owner: 4742 198 Flushing Llc
Cash sale: no recorded mortgage tied to this transfer.
🔒 See all transfers before the 2024 sale →

Recent ACRIS documents (last 2)

DateTypeAmountParties
Apr 10, 2024DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
Jun 28, 2018DEED$1.4MParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 2 redacted buyer/seller names above →

Building stats

Units
2
Year built
2022
Class
B1
Borough
Queens
Zoning:
R3-2
Lot size:
3,500 sqft
Building area:
2,330 sqft
Floors:
2
Assessed value:
$68K
Community district:
411
Council district:
20

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See every closed violation + inspection history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

2 documents in the last 5 years (most recent Apr 10, 2024).

Frequently asked questions about 47-42 198TH STREET

Who owns 47-42 198TH STREET?

The current registered owner of record for 47-42 198TH STREET per NYC PLUTO is GEN Y HOLDING LLC. The most recent ACRIS deed transfer for this BBL was recorded on April 10, 2024 when the property was conveyed to Gen Y Holding 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 47-42 198TH STREET last sold?

The most recent ACRIS deed transfer for 47-42 198TH STREET was recorded on April 10, 2024, when 4742 198 Flushing Llc conveyed the property to Gen Y Holding Llc for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).

How many HPD violations does 47-42 198TH STREET have?

No open HPD housing-maintenance code violations are on record for 47-42 198TH 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 47-42 198TH STREET?

NYC Department of Finance assesses 47-42 198TH STREET at $68K 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 47-42 198TH STREET and what does that mean?

47-42 198TH 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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