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NYC Building Records · BBL 4016140040

97-23 42 AVENUE

Queens · Block 1614 · Lot 40 · One-family attached (Class A5)

97-23 42 AVENUE is a Class A5 (one-family attached) building in Queens (BBL 4016140040) built in 1960, with 1 residential unit across 2 floors.

The building is in NYC community district 404, council district 21, zoning district R5, on a 1,801-square-foot lot with a building footprint of 1,665 square feet.

The current registered owner of record per NYC PLUTO is LI, CHAO.

The most recent ACRIS deed transfer for this BBL was recorded on February 6, 2023 when ESTATE OF JEAN LOUIE; JUNE GEE ORCHANIAN, AS EXECUTOR conveyed the property to LI, CHAO; ZHENG, XIUZI for $700K. The transaction was financed with a $350K mortgage from East West Bank; Mortgage Electronic Registration Systems, 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

LI, CHAO

Most recent deed

Last transferred on Feb 6, 2023 for $700K to LI, CHAO; ZHENG, XIUZI.
Previous owner: ESTATE OF JEAN LOUIE; JUNE GEE ORCHANIAN, AS EXECUTOR
Mortgage: $350K recorded Feb 6, 2023 with East West Bank; Mortgage Electronic Registration Systems, Inc. Loan-to-value: 50%.
🔒 See all transfers before the 2023 sale →

Recent ACRIS documents (last 2)

DateTypeAmountParties
Feb 6, 2023MTGE$350KParties redacted — full names in MetroDeeds Scout+
Feb 6, 2023DEED$700KParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 2 redacted buyer/seller names above →

Building stats

Units
1
Year built
1960
Class
A5
Borough
Queens
Zoning:
R5
Lot size:
1,801 sqft
Building area:
1,665 sqft
Floors:
2
Assessed value:
$48K
Community district:
404
Council district:
21

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

2 documents in the last 5 years (most recent Feb 6, 2023).

Frequently asked questions about 97-23 42 AVENUE

Who owns 97-23 42 AVENUE?

The current registered owner of record for 97-23 42 AVENUE per NYC PLUTO is LI, CHAO. The most recent ACRIS deed transfer for this BBL was recorded on February 6, 2023 when the property was conveyed to LI, CHAO; ZHENG, XIUZI. 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 97-23 42 AVENUE last sold?

The most recent ACRIS deed transfer for 97-23 42 AVENUE was recorded on February 6, 2023, when ESTATE OF JEAN LOUIE; JUNE GEE ORCHANIAN, AS EXECUTOR conveyed the property to LI, CHAO; ZHENG, XIUZI for $700K. The transaction was financed with a $350K mortgage from East West Bank; Mortgage Electronic Registration Systems, Inc.

How many HPD violations does 97-23 42 AVENUE have?

No open HPD housing-maintenance code violations are on record for 97-23 42 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 97-23 42 AVENUE?

NYC Department of Finance assesses 97-23 42 AVENUE at $48K 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 97-23 42 AVENUE and what does that mean?

97-23 42 AVENUE is NYC building class A5 — One-family attached. A single-family attached or semi-detached 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.

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