5-49 46 Avenue
Long Island City, Queens
Parcel ID (BBL): 4000260004
Built: 1931
SF: 75,050
Dwelling units: 0
No. of buildings: 1
Class: Heavy Manufacturing (Fireproof) (F1)
Floors: 4
Legacy BBLs: 4000260004
Transactions:
• ZD Jasper Realty borrowed $95.3 million from iCross Capital for 45-40/28 Vernon Boulevard, Long Island City, Queens on May 06, 2025.
• ZD Jasper Realty borrowed $25 million from iCross Capital for 45-40 Vernon Boulevard and 45-28 Vernon Boulevard, Long Island City, Queens on May 06, 2024.
• Quadrum Global, Baron Property Group and Simon Development sold 45-40 Vernon Boulevard and 45-28 Vernon Boulevard, Long Island City, Queens for $47 million to ZD Jasper Realty on May 06, 2024.
Development:
• Jimin Xu filed plans for alteration in Long Island City, Queens, on November 17, 2025.
• Jimin Xu filed plans for alteration in Long Island City, Queens, on September 22, 2025.
• Prabhjit Singh filed plans for alteration in Long Island City, Queens, on February 01, 2025.
• Prabhjit Singh filed plans for alteration in Long Island City, Queens, on January 13, 2025.
• Prabhjit Singh filed plans for alteration in Long Island City, Queens, on December 11, 2024.
Most recent Schedule of Occupancy
Condominium:
• Jasper Wu filed plans CD250193 on June 13, 2025 for 189-unit condominium called Paragon Condominium at 45-40 Vernon Boulevard.
Violations:
According to city public data, the properties have received $24,405 in ECB penalties and $27,705 in OATH penalties in the last year.