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NYC Building Records · BBL 4089820036

88-05 ATLANTIC AVENUE

Queens · Block 8982 · Lot 36 · Garage / gas station (Class G7)

88-05 ATLANTIC AVENUE is a Class G7 (garage / gas station) building in Queens (BBL 4089820036).

The building is in NYC community district 409, council district 32, zoning district R3-1, on a 1,250-square-foot lot.

The current registered owner of record per NYC PLUTO is 1 ATLANTIC PROPERTY LLC.

The most recent ACRIS deed transfer for this BBL was recorded on March 31, 2025 when THE ESTATE OF PASQUALE R. CAROLEO; THE ESTATE OF PASQUALE CAROLEO; AMBROSIO, EXECUTRIX, ELAINE conveyed the property to 1 ATLANTIC PROPERTY LLC for $650K. 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

1 ATLANTIC PROPERTY LLC

Most recent deed

Last transferred on Mar 31, 2025 for $650K to 1 ATLANTIC PROPERTY LLC.
Previous owner: THE ESTATE OF PASQUALE R. CAROLEO; THE ESTATE OF PASQUALE CAROLEO; AMBROSIO, EXECUTRIX, ELAINE
Cash sale: no recorded mortgage tied to this transfer.
🔒 See all transfers before the 2025 sale →

Recent ACRIS documents (last 1)

DateTypeAmountParties
Mar 31, 2025DEED$650KParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the redacted buyer/seller name above →

Building stats

Units
Year built
Class
G7
Borough
Queens
Zoning:
R3-1
Lot size:
1,250 sqft
Assessed value:
$30K
Community district:
409
Council district:
32

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

1 document in the last 5 years (most recent Mar 31, 2025).

Frequently asked questions about 88-05 ATLANTIC AVENUE

Who owns 88-05 ATLANTIC AVENUE?

The current registered owner of record for 88-05 ATLANTIC AVENUE per NYC PLUTO is 1 ATLANTIC PROPERTY LLC. The most recent ACRIS deed transfer for this BBL was recorded on March 31, 2025 when the property was conveyed to 1 ATLANTIC PROPERTY 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 88-05 ATLANTIC AVENUE last sold?

The most recent ACRIS deed transfer for 88-05 ATLANTIC AVENUE was recorded on March 31, 2025, when THE ESTATE OF PASQUALE R. CAROLEO; THE ESTATE OF PASQUALE CAROLEO; AMBROSIO, EXECUTRIX, ELAINE conveyed the property to 1 ATLANTIC PROPERTY LLC for $650K. The transaction was recorded as cash (no paired mortgage instrument).

How many HPD violations does 88-05 ATLANTIC AVENUE have?

No open HPD housing-maintenance code violations are on record for 88-05 ATLANTIC AVENUE. 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 88-05 ATLANTIC AVENUE?

NYC Department of Finance assesses 88-05 ATLANTIC AVENUE at $30K 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 88-05 ATLANTIC AVENUE and what does that mean?

88-05 ATLANTIC AVENUE is NYC building class G7 — Garage / gas station. Garage / gas station. 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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