50-45 42 STREET
50-45 42 STREET is a Class C0 (walk-up, 3+ families) building in Queens (BBL 4001800022) built in 1940, with 3 residential units across 2 floors.
The building is in NYC community district 402, council district 26, zoning district R4, on a 2,375-square-foot lot with a building footprint of 2,590 square feet.
The current registered owner of record per NYC PLUTO is RAY 1989 NY LLC.
The most recent ACRIS deed transfer for this BBL was recorded on June 14, 2024 when FERRARA, WILLIAM JR.; FERRARA, DECEASED, WILLIAM; FERRARA, DECEASED, LILLIAN; FERRARA, JOSEPH conveyed the property to RAY 1989 NY LLC for $1.30M. The transaction was financed with a $845K mortgage from American Community Bank..
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:
- R4
- Lot size:
- 2,375 sqft
- Building area:
- 2,590 sqft
- Floors:
- 2
- Assessed value:
- $82K
- Community district:
- 402
- Council district:
- 26
HPD violations
Recent HPD violation details
- Class AInspected May 6, 2026(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
- Class AInspected Jun 11, 2025(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
- Class IInspected Dec 2, 2024§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
- Class AInspected Apr 12, 2024(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
- Class IInspected Nov 24, 2023§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
Recent ACRIS activity
Frequently asked questions about 50-45 42 STREET
Who owns 50-45 42 STREET?
The current registered owner of record for 50-45 42 STREET per NYC PLUTO is RAY 1989 NY LLC. The most recent ACRIS deed transfer for this BBL was recorded on June 14, 2024 when the property was conveyed to RAY 1989 NY 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 50-45 42 STREET last sold?
The most recent ACRIS deed transfer for 50-45 42 STREET was recorded on June 14, 2024, when FERRARA, WILLIAM JR.; FERRARA, DECEASED, WILLIAM; FERRARA, DECEASED, LILLIAN; FERRARA, JOSEPH conveyed the property to RAY 1989 NY LLC for $1.30M. The transaction was financed with a $845K mortgage from American Community Bank..
How many HPD violations does 50-45 42 STREET have?
No open HPD housing-maintenance code violations are on record for 50-45 42 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 50-45 42 STREET?
NYC Department of Finance assesses 50-45 42 STREET at $82K 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 50-45 42 STREET and what does that mean?
50-45 42 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.