Queens / Long Island City-Hunters Point / 11101
45-50 PEARSON STREET
What has sold here
Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 6 Jun 2018 | $14,494,974 | - | APARTMENT BUILDING | RPTT&RET |
| 15 Apr 2015 | $84,002,400 | - | APARTMENT BUILDING | DEED |
| 15 Apr 2015 | $23,997,600 | - | APARTMENT BUILDING | DEED |
| 15 Apr 2015 | $30,099,600 | - | APARTMENT BUILDING | DEED |
| 15 Apr 2015 | $25,920,000 | - | APARTMENT BUILDING | DEED |
| 15 Apr 2015 | $13,996,800 | - | APARTMENT BUILDING | DEED |
| 15 Apr 2015 | $13,986,000 | - | APARTMENT BUILDING | DEED |
- RPTT&RET
- BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
- DEED
- DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2018 | 1 | $14,494,974 | - | - |
| 2015 | 6 | $24,958,800 | $13,986,000 | $84,002,400 |
The building on the lot
Section through the lot
Assessment
Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.
Classification and location
Other buildings in Long Island City-Hunters Point
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 56-28 2ND STREET | RM | 1,132 | 2020 | 0 | - |
| 22-44 JACKSON AVENUE | RM | 1,122 | 2016 | 0 | - |
| 43-25 HUNTER STREET | RM | 974 | 2015 | 0 | - |
| 43-30 24 STREET | D6 | 938 | 2022 | 0 | - |
| 45-45 CENTER BOULEVARD | D7 | 838 | 2011 | 0 | - |
| 2-21 MALT DRIVE | D6 | 812 | 2022 | 0 | - |
| 23-15 44TH DRIVE | RM | 802 | 2018 | 773 | $1.20m |
| 52-03 CENTER BLVD | RM | 800 | 2019 | 0 | - |
| 43-22 QUEENS STREET | D6 | 790 | 1929 | 0 | - |
| 1-50 50 AVENUE | RM | 619 | 2013 | 0 | - |
| 4610 CENTER BOULEVARD | D8 | 585 | 2012 | 0 | - |
| 2-20 MALT DRIVE | D6 | 575 | 2022 | 0 | - |