10-37 49 Avenue

Long Island City, Queens

Parcel ID (BBL): 4000440017

Acris records

Owner: Fbl Development

Acquired: December 05, 2024, $8.4 million

Debt: July 17, 2025, $24.8 million

Built: 1966

SF: 2,800

Dwelling units: 0

No. of buildings: 1

Class: Office with Comm — 1 to 6 stories (O5)

Floors: 1

Transactions:

FBL Development borrowed $24.8 million from Ponce Bank for 10-37 49th Avenue and 10-45 49th Avenue, Long Island City, Queens on July 17, 2025.

Wei Chen borrowed $5 million from Ponce Bank for 10-37 49th Avenue and 10-45 49th Avenue, Long Island City, Queens on December 05, 2024.

• Christopher Scala sold 10-37 49th Avenue and 10-45 49th Avenue, Long Island City, Queens for $8.4 million to Wei Chen on December 05, 2024.

Development:

Yong Chen filed plans for alteration in Long Island City, Queens, on October 16, 2025.

Yong Chen filed plans for A3 in Long Island City, Queens, on April 18, 2025.

Yong Chen filed plans for new building for 48,902 sqft in Long Island City, Queens, on March 14, 2025.

Yong Chen filed plans for Full Demolition for 2,800 sqft in Long Island City, Queens, on December 09, 2024.

• Anthony Scala filed plans for alteration in Long Island City, Queens, on April 02, 2003.

Violations:

According to city public data, the properties have received $625 in ECB penalties and $2,125 in OATH penalties in the last year.

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