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NYC Building Records · BBL 4020040049

48-20 111 STREET

Queens · Block 2004 · Lot 49 · Walk-up, 3+ families (Class C0)

48-20 111 STREET is a Class C0 (walk-up, 3+ families) building in Queens (BBL 4020040049) built in 1975, with 3 residential units across 3 floors.

The building is in NYC community district 404, council district 21, zoning district R6B, on a 2,500-square-foot lot with a building footprint of 3,474 square feet.

The current registered owner of record per NYC PLUTO is ZHENG, YOU.

The most recent ACRIS deed transfer for this BBL was recorded on April 20, 2022 when JOANNE LEE AS TRUSTEE; TERRY HOWARD CHIN AS TRUSTEE; THE JUNE TAI CHIN IRREVOCABLE TRUST U/T/D 6/1/2017 conveyed the property to ZHENG, YOU; ZHENG, CUN ZHANG for $1.60M. The transaction was financed with a $1.01M 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

ZHENG, YOU

Most recent deed

Last transferred on Apr 20, 2022 for $1.6M to ZHENG, YOU; ZHENG, CUN ZHANG.
Previous owner: JOANNE LEE AS TRUSTEE; TERRY HOWARD CHIN AS TRUSTEE; THE JUNE TAI CHIN IRREVOCABLE TRUST U/T/D 6/1/2017
Mortgage: $1.0M recorded Apr 20, 2022 with Mers. Loan-to-value: 63%.
🔒 See all transfers before the 2022 sale →

Recent ACRIS documents (last 3)

DateTypeAmountParties
Apr 20, 2022DEED$1.6MParties redacted — full names in MetroDeeds Scout+
Apr 20, 2022MTGE$1.0MParties redacted — full names in MetroDeeds Scout+
Jun 1, 2017DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 3 redacted buyer/seller names above →

Building stats

Units
3
Year built
1975
Class
C0
Borough
Queens
Zoning:
R6B
Lot size:
2,500 sqft
Building area:
3,474 sqft
Floors:
3
Assessed value:
$78K
Community district:
404
Council district:
21

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

3 documents in the last 5 years (most recent Apr 20, 2022).

Frequently asked questions about 48-20 111 STREET

Who owns 48-20 111 STREET?

The current registered owner of record for 48-20 111 STREET per NYC PLUTO is ZHENG, YOU. The most recent ACRIS deed transfer for this BBL was recorded on April 20, 2022 when the property was conveyed to ZHENG, YOU; ZHENG, CUN ZHANG. 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 48-20 111 STREET last sold?

The most recent ACRIS deed transfer for 48-20 111 STREET was recorded on April 20, 2022, when JOANNE LEE AS TRUSTEE; TERRY HOWARD CHIN AS TRUSTEE; THE JUNE TAI CHIN IRREVOCABLE TRUST U/T/D 6/1/2017 conveyed the property to ZHENG, YOU; ZHENG, CUN ZHANG for $1.60M. The transaction was financed with a $1.01M mortgage from Mers.

How many HPD violations does 48-20 111 STREET have?

No open HPD housing-maintenance code violations are on record for 48-20 111 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 48-20 111 STREET?

NYC Department of Finance assesses 48-20 111 STREET at $78K 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 48-20 111 STREET and what does that mean?

48-20 111 STREET is NYC building class C0 — Walk-up, 3+ families. A 3-to-6-story walk-up apartment building (no elevator), 3 or more residential units. 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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