New York  »  Queens  »  11101  »  Long Island City

45-50 Pearson Street, Long Island City, NY 11101

Long Island City, Northwestern Queens, Queens
Building in Long Island City
15 Stories
197 Units
Built in 2012
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Welcome to 45-50 Pearson Street, a building located in Long Island City, Northwestern Queens, Queens in Long Island City, NY. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 2012. This is a relatively tall building with a total of 15 floors. From what we gather, there are a total 197 residential units. Finally, 45-50 Pearson Street was most recently sold on Jun 6, 2018 for $14,494,974. The market value for the land that the building sits on has been listed at $3,577,000. In addition, improvements upon the building have an added value of $34,360,000. In total, the total market value of the property as a whole is $37,937,000. According to local assessors, the total value of the building is currently valued at $15,659,100. Specifically, the value of the land that the property sits on has been assessed at $1,609,650. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Doorman
Elevator
Fitness Center
Laundry In Building
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
2012
Effective Year Built
2012
First Altered Year
2012
Building Count
1
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
15
Total Unit Count
197
Living Units
197
Residential Unit Count
197
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Residential Building Floor Area
142,398
Floor Area Ratios
Building Area Source
2
Building
Building Type
unknown
Property Class
Residential
Lot Type
5
Land Acres
0.657
Land Use
03
Standard Land Use Code
Apartment house (5+ units)
County Land Use Code
unknown
Irregular Lot Code
N
Proximity Code
1
Sanborn Map Number
401 028
Ownership
Current Owner's Name
PEARSON CAPITAL PARTNERS LLC
Neighborhood
Census Block
1070
Community District
402
City Council District
26
Police Precinct
108
Fire Company
L115
Health Area
720
Sanitation District Borough
4
Sanitation Subsection
3B
School District
30
School District Name
New York City Department Of Education
School Tax School District
QUEENS
Census Tract
001901
Census Block Code
1070
Census Group
1
Census Year
2018
Census - Combined Statistical Area - Area Code
408
Census - Combined Statistical Area - Area Name
New York-Newark, NY-NJ-CT-PA
Census - County FIPS
36081
Census - Full FIPS
360810019001070
Census - Metropolitan Division - Area Code
35614
Census - Metropolitan Division - Area Name
New York-Jersey City-White Plains, NY-NJ
Census - Metro Micro Statistical Area - Area Code
35620
Census - Metro Micro Statistical Area - Area Name
New York-Newark-Jersey City, NY-NJ-PA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3643390
Census Source
US Census Bureau
Census State FIPS
36
Census Tract 2010
0019
Census Tract Code
001900
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3620580
School District - Unified - Name
New York City Department Of Education
Zoning
Split Boundary Zone Indicator
N
Zoning
M1-5/R7-3
Special Purpose District 1
LIC
Zoning Map Number
9b
Geography
Account Number
4-00085-0041
Section
102
Parcel
00085-0041
Borough Name
QN
Borough Code
4
Block
85
Lot
41
Lot Code
unknown
Borough Block Lot
4000850041
Municipality
HUNTER S POINT
Latitude
40.7452
Longitude
-73.9445
Apportionment BBL
4000850041
Apportionment Date
Mar 22, 2012
FIPS
36081
Mailing Carrier Code
C014
Mailing Full Street Address
1865 PALMER AVE STE 203
Mailing House Number
1865
Mailing Street Mode
AVE
Mailing Street
PALMER
Mailing Unit Number
203
Mailing Unit Type
STE
Mailing 4-Digit Zip Code
3037
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
X Coordinates
999719
Y Coordinates
210576
Valuation
Timestamp
2023-12-15 19:24:42
UCID Flag
C
Pluto Map ID
1
More About The Building
In total, the building area is listed as 142,398 square feet. To break it down, the depth of the building was measured at 80 square feet and the front is listed as 110 square feet. In comparison, the lot area is listed as 28,617 square feet. The depth of the property lot was measured at 100 square feet and the front at 286 square feet. The building itself has 142,398 square footage of total floor area. Out of that, 142,398 square footage of floor area is residential. The rest of the space could be utilized as commercial, garage, factory, or alternative use space. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 45-50 Pearson Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Long Island City area have a median price of $3,950. Those in the 25th percentile, have a price around $3,400. While those in the 75th percentile, have a price around $5,406. Typically, the buildings in this area have a median sqft of 706. That means that the median price per sqft is around $6. In other words, the price per sqft for buildings in the 25th percentile is $5. While the price per sqft for buildings in the 75th percentile is $6. As a breakdown, we've included the following stats:

  • There are currently a total of 83 studio listings. The median price for these types of listings is $3,323. That's $6.41 price per sqft.

  • There are currently a total of 126 one bedroom listings. The median price for these types of listings is $3,952. That's $5.87 price per sqft.

  • There are currently a total of 96 two bedroom listings. The median price for these types of listings is $6,000. That's $5.59 price per sqft.

  • There are currently a total of 12 three bedroom listings. The median price for these types of listings is $5,450.
  • There are currently no four bedroom listings being advertised in the area.
About The Area
45-50 Pearson Street is located in Queens County, New York. There are 2,310,011 people living here. There are 779,304 households. Most of these households have an average family size of 3.57 people. According to the census, 56% are currently renting while 44% own their homes. The median age of this population is around 37.9 years old. On average, most folks in the county are unmarried. About 56% of folks speak a language other than English in this area. The area's employment rate is currently around 59.3%. Speaking of employment, the median income is $59,758. Most folks will commute by public transportation for around 43.0 minutes. Finally, we know that 27% of residents in the area have graduated with their high school degree. Additionally, 19% and 11% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. New York - Newark, NY - NJ - CT Urban Area has a population of 18,812,161 people. Based on census records, there are 6,707,347 registered households. Families in this area are on average made up of 3.42 people per household. Most folks are unmarried. They are also typically around 37.8 years old. Does diversity matter to you? Right now, 40% of folks speak a language other than English here. About 50% rent while 50% purchased their homes. Right now, the community is made up of 25% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 16% have a Master's degree. The employment rate is currently around 59.7%. Those employed, have a median income of $68,319. If you move here, you can expect to commute mostly by car for around 36.0 minutes.

$3,323
Studio Median Rent
$3,952
1BR Median Rent
$6,000
2BR Median Rent
$5,450
3BR Median Rent
PUBLIC TRANSIT
G
Court Sq (600 ft - 3 min walk)
MTA New York City Transit
7
7X
Court Sq (810 ft - 3 min walk)
MTA New York City Transit
E
M
Court Sq-23 St (0.22 mi - 5 min walk)
MTA New York City Transit
G
21 St (0.30 mi - 7 min walk)
MTA New York City Transit
7
7X
Hunters Point Av (0.31 mi - 7 min walk)
MTA New York City Transit

Nearby Schools

(within attendance boundary)
PS/IS 78  •  0.71 mi
48-09 Center Blvd, Long Island City, NY 11109
Public  •  Elementary  •  Grades PK to 8
New York City Geographic District #30
IS 204 OLIVER W HOLMES  •  1 mi
36-41 28th St, Long Island City, NY 11106
Public  •  Middle School  •  Grades 6 to 8
New York City Geographic District #30
14-30 Broadway, Long Island City, NY 11106
Public  •  High School  •  Grades 9 to 12
New York City Geographic District #30
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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