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NYC Building Records · BBL 4018400021

88-48 54 AVENUE

Queens · Block 1840 · Lot 21 · Walk-up, 3+ families (Class C0)

88-48 54 AVENUE is a Class C0 (walk-up, 3+ families) building in Queens (BBL 4018400021) built in 1960, with 3 residential units across 3 floors.

The building is in NYC community district 404, council district 25, zoning district R6B, on a 2,029-square-foot lot with a building footprint of 3,621 square feet.

The current registered owner of record per NYC PLUTO is CHEN, CHUNYI.

The most recent ACRIS deed transfer for this BBL was recorded on January 25, 2022 when LAU, JACQUELINE; JOE, LILLIAN conveyed the property to CHEN, CHUNYI for $1.77M. The transaction was financed with a $972K 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

CHEN, CHUNYI

Most recent deed

Last transferred on Jan 25, 2022 for $1.8M to CHEN, CHUNYI.
Previous owner: LAU, JACQUELINE; JOE, LILLIAN
Mortgage: $972K recorded Jan 25, 2022 with Mers. Loan-to-value: 55%.
🔒 See full deed history for this building →

Recent ACRIS documents (last 2)

DateTypeAmountParties
Jan 25, 2022MTGE$972KParties redacted — full names in MetroDeeds Scout+
Jan 25, 2022DEED$1.8MParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
3
Year built
1960
Class
C0
Borough
Queens
Zoning:
R6B
Lot size:
2,029 sqft
Building area:
3,621 sqft
Floors:
3
Assessed value:
$105K
Community district:
404
Council district:
25

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See full violation history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

2 documents in the last 5 years (most recent Jan 25, 2022).

Frequently asked questions about 88-48 54 AVENUE

Who owns 88-48 54 AVENUE?

The current registered owner of record for 88-48 54 AVENUE per NYC PLUTO is CHEN, CHUNYI. The most recent ACRIS deed transfer for this BBL was recorded on January 25, 2022 when the property was conveyed to CHEN, CHUNYI. 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 88-48 54 AVENUE last sold?

The most recent ACRIS deed transfer for 88-48 54 AVENUE was recorded on January 25, 2022, when LAU, JACQUELINE; JOE, LILLIAN conveyed the property to CHEN, CHUNYI for $1.77M. The transaction was financed with a $972K mortgage from Mers.

How many HPD violations does 88-48 54 AVENUE have?

No open HPD housing-maintenance code violations are on record for 88-48 54 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 88-48 54 AVENUE?

NYC Department of Finance assesses 88-48 54 AVENUE at $105K 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 88-48 54 AVENUE and what does that mean?

88-48 54 AVENUE 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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