5940 55th Dr, Maspeth, NY 11378 Property Records

New York City property record for 5940 55th Dr, Maspeth, NY 11378

Property Summary

Property Type	Hotel
Details	50,367 sqft · built 2007
Lot Size	0.918 acres (40,000 sqft)
Owner	Company Name on File
Last Sale	$8,000,000 (Dec 2023)
Tax Bill	$58,114 (2025)
Deeds & Mortgages	Dec 2023 Sale & Mortgage Aug 2023 Second Mortgage + 10 more
APN	`02687-0021`

Property Details

APN / Parcel Number

Primary APN	`02687-0021`
Alternative APNs	`1404026870021` `4-02687-0021`

Interior

Units	2 Units
Stories	6 Stories
Building Area	50,367 sqft Gross Area
1st Floor Area	7,500 sqft

Exterior

Year Built	Built 2007
Effective Year Built	Effective 2008
Lot Area	40,000 sqft (0.918 acres)
Lot Dimensions	200 ft deep x 200 ft wide

Location & Zoning

Account Number	4-02687-0021
Street Address	5940 55TH DR
City	MASPETH
State	NY
Zip	11378-2323
Property Category	Commercial
Property Type	Commercial > Retail > Hotel
Local Zoning Code	M1-1
Legal Block	2687
Legal Lot Number	21
Jurisdiction	QUEENS NY
Township / Civil Division	QUEENS
Census Block Group	3
Census Block	3001
Census Tract	53100

Owner

5940 55th Dr, a commercial property, is owned by a company that bought it in December 2023.

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

Owner of Record	Company Name on File
Mailing Address	5940 55TH DR, MASPETH, NY 11378-2323
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
Dec 7, 2023	Deed, Transfer WOORI AMERICA BANK
Aug 4, 2023	Deed of Trust, Mortgage · Stand-Alone Second Mortgage EAST END DEVELOPMERS LLC
Mar 3, 2023	Deed, Transfer
Mar 3, 2023	Deed, Transfer
Mar 3, 2023	Deed, Transfer
Mar 3, 2023	Deed, Transfer
Mar 3, 2023	Deed, Transfer
Mar 3, 2023	Deed, Transfer
Mar 3, 2023	Deed, Transfer
Mar 3, 2023	Deed, Transfer
Apr 21, 2022	Deed of Trust, Mortgage BNB BANK, A NEW YORK BANK
Apr 21, 2022	Deed of Trust, Mortgage BNB BANK, A NEW YORK BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 7, 2023 · Amount on File
Deed Sale	Dec 7, 2023 · Amount on File
Prior Sale	Mar 3, 2023
Deed Document Number	2023320407
Record Updated	Oct 29, 2026

December 2023: Deed, Transfer

Document Type	Deed
Jurisdiction	QUEENS NY
Recording Date	Dec 7, 2023
Property Address	5940 55TH DR, FLUSHING, NY 11378
Document Number	0000320407
Instrument Date	Oct 27, 2023
Instrument	2023000320407
Transaction Type	Transfer
Record Updated	Dec 19, 2023

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	9777 VITRAIL LN, DELRAY BEACH, FL 33446-3815

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5940 55TH DR, MASPETH, NY 11378

Mortgage

Document Number	0000320408
Date	Dec 7, 2023
Instrument	2023000320408

Lender

Name	WOORI AMERICA BANK

Agreement

Amount	Amount on Record

August 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	QUEENS NY
Property Address	5940 55TH DR, FLUSHING, NY 11378
Transaction Type	Mortgage
Record Updated	Aug 15, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000197057
Date	Aug 4, 2023
Instrument	2023000197057

Lender

Name	EAST END DEVELOPMERS LLC
Address	23 HAYLOFT LN, ROSLYN HEIGHTS, NY 11577

Agreement

Type	Stand-Alone Second Mortgage

March 2023: Deed, Transfer

Document Type	Deed
Jurisdiction	QUEENS NY
Recording Date	Mar 3, 2023
Property Address	5940 55TH DR, FLUSHING, NY 11378
Document Number	0000056364
Instrument Date	Dec 29, 2022
Instrument	2023000056364
Transaction Type	Transfer
Record Updated	Mar 14, 2023

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	9777 VITRAIL LN, DELRAY BEACH, FL 33446-3815

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	9777 VITRAIL LN, DELRAY BEACH, FL 33446-3815

March 2023: Deed, Transfer

Document Type	Deed
Jurisdiction	QUEENS NY
Recording Date	Mar 3, 2023
Property Address	5940 55TH DR, FLUSHING, NY 11378
Document Number	0000056358
Instrument Date	Dec 29, 2022
Instrument	2023000056358
Transaction Type	Transfer
Record Updated	Mar 14, 2023

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	9777 VITRAIL LN, DELRAY BEACH, FL 33446-3815

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	9777 VITRAIL LN, DELRAY BEACH, FL 33446-3815

March 2023: Deed, Transfer

Document Type	Deed
Jurisdiction	QUEENS NY
Recording Date	Mar 3, 2023
Property Address	5940 55TH DR, FLUSHING, NY 11378
Document Number	0000056362
Instrument Date	Dec 29, 2022
Instrument	2023000056362
Transaction Type	Transfer
Record Updated	Mar 14, 2023

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	9777 VITRAIL LN, DELRAY BEACH, FL 33446-3815

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	9777 VITRAIL LN, DELRAY BEACH, FL 33446-3815

March 2023: Deed, Transfer

Document Type	Deed
Jurisdiction	QUEENS NY
Recording Date	Mar 3, 2023
Property Address	5940 55TH DR, FLUSHING, NY 11378
Document Number	0000056363
Instrument Date	Dec 29, 2022
Instrument	2023000056363
Transaction Type	Transfer
Record Updated	Mar 14, 2023

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	9777 VITRAIL LN, DELRAY BEACH, FL 33446-3815

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	9777 VITRAIL LN, DELRAY BEACH, FL 33446-3815

March 2023: Deed, Transfer

Document Type	Deed
Jurisdiction	QUEENS NY
Recording Date	Mar 3, 2023
Property Address	5940 55TH DR, FLUSHING, NY 11378
Document Number	0000056361
Instrument Date	Dec 29, 2022
Instrument	2023000056361
Transaction Type	Transfer
Record Updated	Mar 14, 2023

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	9777 VITRAIL LN, DELRAY BEACH, FL 33446-3815

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	9777 VITRAIL LN, DELRAY BEACH, FL 33446-3815

March 2023: Deed, Transfer

Document Type	Deed
Jurisdiction	QUEENS NY
Recording Date	Mar 3, 2023
Property Address	5940 55TH DR, FLUSHING, NY 11378
Document Number	0000056360
Instrument Date	Dec 29, 2022
Instrument	2023000056360
Transaction Type	Transfer
Record Updated	Mar 14, 2023

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	9777 VITRAIL LN, DELRAY BEACH, FL 33446-3815

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	9777 VITRAIL LN, DELRAY BEACH, FL 33446-3815

March 2023: Deed, Transfer

Document Type	Deed
Jurisdiction	QUEENS NY
Recording Date	Mar 3, 2023
Property Address	5940 55TH DR, FLUSHING, NY 11378
Document Number	0000056381
Instrument Date	Dec 29, 2022
Instrument	2023000056381
Transaction Type	Transfer
Record Updated	Mar 14, 2023

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	9777 VITRAIL LN, DELRAY BEACH, FL 33446-3815

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	9777 VITRAIL LN, DELRAY BEACH, FL 33446-3815

March 2023: Deed, Transfer

Document Type	Deed
Jurisdiction	QUEENS NY
Recording Date	Mar 3, 2023
Property Address	5940 55TH DR, FLUSHING, NY 11378
Document Number	0000056359
Instrument Date	Dec 29, 2022
Instrument	2023000056359
Transaction Type	Transfer
Record Updated	Mar 14, 2023

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	9777 VITRAIL LN, DELRAY BEACH, FL 33446-3815

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	9777 VITRAIL LN, DELRAY BEACH, FL 33446-3815

April 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	QUEENS NY
Property Address	5940 55TH DR, FLUSHING, NY 11378
Transaction Type	Mortgage
Record Updated	Apr 26, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000166216
Date	Apr 21, 2022
Instrument	2022000166216

Lender

Name	BNB BANK, A NEW YORK BANK
Address	898 VETERANS HWY, HAUPPAUGE, NY 11788

Agreement

Amount	Amount on Record

April 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	QUEENS NY
Property Address	5940 55TH DR, FLUSHING, NY 11378
Transaction Type	Mortgage
Record Updated	Apr 26, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000166217
Date	Apr 21, 2022
Instrument	2022000166217

Lender

Name	BNB BANK, A NEW YORK BANK
Address	898 VETERANS HWY, HAUPPAUGE, NY 11788

Agreement

Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 5940 55th Dr was $58,114, up 1.6% from the year before.

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		$4,316,490 (+6.81%) Land $540,000 Building $3,776,490	$10,889,000 (+8.68%) Land $1,200,000 Building $9,689,000
2025	$58,114.00 (+1.61%)	$4,041,180 Land $540,000 Building $3,501,180	$10,019,000 Land $1,200,000 Building $8,819,000
2024	$57,196.00 (+4.33%)
2023	$54,823.00 Additional exemption filed	$4,491,450 Land $517,590 Building $3,973,860	$9,001,000 Land $1,200,000 Building $7,801,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA has no flood map on file for 5940 55th Dr; there have been 4 flood claims nearby since 1979.

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	2 in force
Nearby Flood Claims	4 (1979–2007)
Claims Outside the SFHA	2 of 4
Most Recent Claim	Aug 2007 · Severe Storms, Flooding, And Tornado

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 5940 55th Dr 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 327 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
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
T-Mobile Fixed Wireless	100 / 20

May also be available: Astound Broadband.

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