50-40 248 STREET
50-40 248 STREET is a Class A1 (one-family two-story) building in Queens (BBL 4082090024) built in 1960, with 1 residential unit across 2 floors.
The building is in NYC community district 411, council district 19, zoning district R2A, on a 5,000-square-foot lot with a building footprint of 2,160 square feet.
The current registered owner of record per NYC PLUTO is BABIKIAN TRUST, DATED SEPTEMBER 19, 2024.
The most recent ACRIS deed transfer for this BBL was recorded on September 19, 2024 when BABIKIAN, LOLITA conveyed the property to BABIKIAN, TRUSTEE, LOLITA; BABIKIAN TRUST, DATED SEPTEMBER 19, 2024 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 4)
Building stats
- Zoning:
- R2A
- Lot size:
- 5,000 sqft
- Building area:
- 2,160 sqft
- Floors:
- 2
- Assessed value:
- $67K
- Community district:
- 411
- Council district:
- 19
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 50-40 248 STREET
Who owns 50-40 248 STREET?
The current registered owner of record for 50-40 248 STREET per NYC PLUTO is BABIKIAN TRUST, DATED SEPTEMBER 19, 2024. The most recent ACRIS deed transfer for this BBL was recorded on September 19, 2024 when the property was conveyed to BABIKIAN, TRUSTEE, LOLITA; BABIKIAN TRUST, DATED SEPTEMBER 19, 2024. 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 50-40 248 STREET last sold?
The most recent ACRIS deed transfer for 50-40 248 STREET was recorded on September 19, 2024, when BABIKIAN, LOLITA conveyed the property to BABIKIAN, TRUSTEE, LOLITA; BABIKIAN TRUST, DATED SEPTEMBER 19, 2024 for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 50-40 248 STREET have?
No open HPD housing-maintenance code violations are on record for 50-40 248 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 50-40 248 STREET?
NYC Department of Finance assesses 50-40 248 STREET at $67K 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 50-40 248 STREET and what does that mean?
50-40 248 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.