48-29 58 LANE
48-29 58 LANE is a Class B2 (two-family frame) building in Queens (BBL 4023280019) built in 1935, with 2 residential units across 2 floors.
The building is in NYC community district 402, council district 26, zoning district R5, on a 2,200-square-foot lot with a building footprint of 1,408 square feet.
The current registered owner of record per NYC PLUTO is NORBU, NGAWANG.
The most recent ACRIS deed transfer for this BBL was recorded on November 20, 2024 when PANG, LEONG TSOI; PANG, LEONG TSI; CHUA LEDDEN, LEE POH conveyed the property to NORBU, NGAWANG; CHOEPHEL, TENZIN for $950K. The transaction was financed with a $760K mortgage from Summit Mortgage Bankers, Inc.; Mers, Inc..
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:
- 2,200 sqft
- Building area:
- 1,408 sqft
- Floors:
- 2
- Assessed value:
- $54K
- Community district:
- 402
- Council district:
- 26
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 48-29 58 LANE
Who owns 48-29 58 LANE?
The current registered owner of record for 48-29 58 LANE per NYC PLUTO is NORBU, NGAWANG. The most recent ACRIS deed transfer for this BBL was recorded on November 20, 2024 when the property was conveyed to NORBU, NGAWANG; CHOEPHEL, TENZIN. 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 48-29 58 LANE last sold?
The most recent ACRIS deed transfer for 48-29 58 LANE was recorded on November 20, 2024, when PANG, LEONG TSOI; PANG, LEONG TSI; CHUA LEDDEN, LEE POH conveyed the property to NORBU, NGAWANG; CHOEPHEL, TENZIN for $950K. The transaction was financed with a $760K mortgage from Summit Mortgage Bankers, Inc.; Mers, Inc..
How many HPD violations does 48-29 58 LANE have?
No open HPD housing-maintenance code violations are on record for 48-29 58 LANE. 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 48-29 58 LANE?
NYC Department of Finance assesses 48-29 58 LANE at $54K 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 48-29 58 LANE and what does that mean?
48-29 58 LANE 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.