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Queens / Long Island City-Hunters Point / 11101

5241 CENTER BLVD

Recorded on the Digital Tax Map as THE 52-41 CENTER CONDOMINIUM.

Boro4
Block6
Lot7505
BBL4000067505
Class RM
Residential units
394
Units in total
396
Storeys
46
Year built
2019
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 33,613 SQ FT46
Drawn from PLUTO: 46 storeys, 317,573 sq ft of building on 33,613 sq ft of lot, an average floor plate covering 21% of it. The dashed outline is the difference between the floor area ratio already built (9.45) and the residential floor area ratio of the zoning district (10). It is a diagram of recorded figures, not a picture of the building.
Lot area
33,613 sq ft
Building area
317,573 sq ft
Residential area
308,816 sq ft
Commercial area
8,757 sq ft
Office area
-
Retail area
854 sq ft
Buildings on the lot
1
Built floor area ratio
9.45
Residential FAR permitted
10
Zoning district
R10
03

Assessment

Assessed land value
$2,268,901
Assessed total value
$44,243,101
Exempt value
$43,668,240
Assessed per residential unit
$112,292

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.

04

Classification and location

Building class
RM
Neighbourhood
Long Island City-Hunters Point
ZIP code
11101
Community district
Queens 2
Council district
26
Coordinates
40.741386, -73.960164

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Long Island City-Hunters Point

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
56-28 2ND STREETRM1,13220200-
22-44 JACKSON AVENUERM1,12220160-
43-25 HUNTER STREETRM97420150-
43-30 24 STREETD693820220-
45-45 CENTER BOULEVARDD783820110-
2-21 MALT DRIVED681220220-
23-15 44TH DRIVERM8022018773$1.20m
52-03 CENTER BLVDRM80020190-
43-22 QUEENS STREETD679019290-
1-50 50 AVENUERM61920130-
4610 CENTER BOULEVARDD858520120-
2-20 MALT DRIVED657520220-

Every building on file in Long Island City-Hunters Point