5570 48th St, Maspeth, NY 11378 Property Records

New York City property record for 5570 48th St, Maspeth, NY 11378

Property Summary

Property Type	Parking Lot
Details	9,625 sqft · built 1966
Lot Size	1.38 acres (60,328 sqft)
Owner	Company Name on File
Last Sale	$50,000,000 (Apr 2022)
Tax Bill	$85,496 (2025)
Deeds & Mortgages	Apr 2022 Sale Feb 2022 Sale + 1 more
APN	`02600-0070`

Property Details

APN / Parcel Number

Primary APN	`02600-0070`
Alternative APNs	`1402026000070` `4-02600-0070`

Interior

Stories	1 Story
Building Area	9,625 sqft Gross Area
1st Floor Area	8,125 sqft

Exterior

Year Built	Built 1966
Effective Year Built	Effective 1966
Lot Area	60,328 sqft (1.38 acres)
Lot Dimensions	389 ft deep x 195 ft wide

Location & Zoning

Account Number	4-02600-0070
Street Address	5570 48TH ST
City	MASPETH
State	NY
Zip	11378-2021
Property Category	Commercial
Property Type	Commercial > Retail > Parking Lot
Local Zoning Code	M3-1
Legal Block	2600
Legal Lot Number	70
Jurisdiction	QUEENS NY
Township / Civil Division	QUEENS
Census Block Group	1
Census Block	1007
Census Tract	21900

Owner

5570 48th St, a commercial property, is owned by a company that bought it in April 2022.

Source: New York City records, as of May 4, 2026

Owner of Record	Company Name on File
Mailing Address	1000 FEDEX DR, CORAOPOLIS, PA 15108-9373
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Apr 27, 2022	Deed, Transfer
Feb 3, 2022	Deed, Transfer
Jan 9, 2017	Deed, Transfer · Commercial Mortgage SUN NATIONAL BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 27, 2022 · Amount on File
Deed Sale	Apr 27, 2022 · Amount on File
Prior Sale	Feb 3, 2022
Deed Document Number	2022175264
Record Updated	Oct 29, 2026

April 2022: Deed, Transfer

Document Type	Deed
Jurisdiction	QUEENS NY
Recording Date	Apr 27, 2022
Property Address	5570 48TH ST, FLUSHING, NY 11378
Document Number	0000175264
Instrument Date	Apr 14, 2022
Instrument	2022000175264
Transaction Type	Transfer
Record Updated	Dec 15, 2023

Transaction

Amount	Amount on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	12525 OAK ARBOR LN, BOYNTON BEACH, FL 33436-6138

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1000 FEDEX DR, MOON TOWNSHIP, PA 15108-9373

February 2022: Deed, Transfer

Document Type	Deed
Jurisdiction	QUEENS NY
Recording Date	Feb 3, 2022
Property Address	5570 48TH ST, FLUSHING, NY 11378
Document Number	0000053302
Instrument Date	Dec 30, 2019
Instrument	2022000053302
Transaction Type	Transfer
Record Updated	Dec 15, 2023

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	25 S SERVICE RD # RD320, RD320, JERICHO, NY 11753-1041

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Revocable Trust
Address	12525 OAK ARBOR LN, BOYNTON BEACH, FL 33436-6138
Mail Care Of	CAROLYN M. CARRANO AS TRUSTEE

January 2017: Deed, Transfer

Document Type	Deed
Jurisdiction	QUEENS NY
Recording Date	Jan 9, 2017
Property Address	5570 48TH ST, FLUSHING, NY 11378
Document Number	0000009187
Instrument Date	Dec 29, 2016
Instrument	2017000009187
Transaction Type	Transfer
Record Updated	Aug 22, 2022

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	151 JERICHO TPKE, 151, OLD WESTBURY, NY 11568-1508

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	25 S SERVICE RD, JERICHO, NY 11753-1041

Mortgage

Document Number	0000009188
Date	Jan 9, 2017
Instrument	2017000009188

Lender

Name	SUN NATIONAL BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 5570 48th St was $85,496.

Source: New York City assessment roll, as of May 4, 2026

Property Jurisdictions

Type	Name
State	New York
County	Queens County
Municipality	New York City
Unified School District	New York City Department Of Education (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$1,047,420 Land $1,047,420	$3,656,000 Land $3,656,000
2025	$85,496.00
2023	$50,047.00	$472,500 Land $472,500	$1,870,000 Land $1,870,000

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA has no flood map on file for 5570 48th St; there have been 5 flood claims nearby since 1992.

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Not on file
Nearby Flood Policies	6 in force
Nearby Flood Claims	5 (1992–2012)
Claims Outside the SFHA	3 of 5
Most Recent Claim	Oct 2012 · Hurricane Sandy
Claims by Event	Hurricane Sandy, Oct 2012 · 3 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 5570 48th St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	NEW YORK CITY SYSTEM serves 8,271,000 people · EPA ID NY7003493
Water Source	Surface water
Last State Inspection	Dec 2025
Lead	10 ppb (2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	Uncovered finished water reservoir currently in violation since Feb 2017
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 71 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Verizon Fiber · Fixed Wireless in parts of the area	2,300 / 2,300
Astound Broadband Cable	1,500 / 50

May also be available: Spectrum, T-Mobile.

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