42-40 10 Street
Queens · 11101 · BBL 4004610047
42-40 10 Street is a industrial or manufacturing property in Long Island City, Queens, ZIP 11101. City records date it to 1950. The city's property file lists the owner of record as Joel Shapiro As Trustee. Its most recent total assessed value is $334K.
Who owns 42-40 10 Street
The most recent recorded deed is dated May 1, 2026, transferring the lot to The Joel Shapiro and Ellen Phelan Foundation. PulseCities holds 1 recorded deed for this lot. Deeds recorded through July 31, 2026, the most recent day the city has published.
A deed names a party of record. Stated consideration of $0 usually marks a transfer between related parties rather than a sale.
Sales and ownership history
| Party taking title | Recorded | Amount |
|---|---|---|
| The Joel Shapiro and Ellen Phelan FoundationDEED from Joel Shapiro 2024 Revocable Trust | May 1, 2026 |
Deeds and assignments recorded in ACRIS, one row per document. Amount is the stated consideration; $0 often marks a non-arms-length transfer. An assignment moves a lender's paper and is not a sale. Source: NYC ACRIS, current through July 31, 2026.
Taxes and assessed value
The city's Department of Finance assessed this lot at $334K for the 2026 tax year. Assessed value is what the city taxes, not what the building would sell for, and the two routinely differ by a wide margin. The bill itself turns on the tax class rate and on any exemptions or abatements attached to the lot, neither of which is published here.
What the eviction record shows
No executed eviction is on record at 42-40 10 Street in the citywide marshal file, which runs from April 2024.
Rent stabilization at this address
No DHCR rent-stabilization registration is on file for 42-40 10 Street in the years PulseCities holds. Absence is not proof: an owner who stops registering leaves the same gap as a building that never had stabilized units. Checking your own apartment starts with the free rent history. How to check rent-stabilized status →
311 complaint history
15 complaints in the past 12 months
NYC 311 housing and building complaints logged for this address. Source: NYC 311, current through August 26, 2026.
How 42-40 10 Street compares in 11101
PulseCities tracks 3,185 lots in 11101, of which 111 carry an executed eviction from the marshal record, which starts in April 2024, and 193 carry a deed from the shorter ACRIS window. 11101 scores 15.9 out of 100 for displacement pressure, 154 of 177 scored NYC ZIP codes. The full signal breakdown for Long Island City →
Watch 42-40 10 Street
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Questions about 42-40 10 Street
Who owns 42-40 10 Street?
The most recent deed on file for 42-40 10 Street names The Joel Shapiro and Ellen Phelan Foundation. Deeds record the party that took title, which is often a holding company rather than the operator managing the building. That deed was recorded May 1, 2026.
Has 42-40 10 Street changed hands recently?
PulseCities holds 1 recorded deed for this lot. Deeds appear here once the city publishes them to ACRIS, which runs behind the closing date.
Have there been evictions at 42-40 10 Street?
No executed eviction at 42-40 10 Street appears in the NYC evictions dataset, which PulseCities holds from April 2024 forward. Executed evictions are the end of the process, so a building with none may still have active housing court cases.
Is 42-40 10 Street rent stabilized?
No DHCR registration for 42-40 10 Street appears in the years PulseCities holds. That is a gap in the registration record rather than an answer about any apartment, and the free rent history from NYS Homes and Community Renewal is what settles it.
What is 42-40 10 Street assessed at for property taxes?
The Department of Finance assessed the lot at $334K for the 2026 tax year. That is the figure the city taxes rather than a sale price, and the bill depends on the tax class rate and on any exemptions on the lot.
What is the displacement risk around 42-40 10 Street?
11101 (Long Island City) scores 15.9 out of 100 on the PulseCities displacement index. The score reads five ZIP-level signals: LLC acquisition rate, permit intensity, 311 complaint volume, executed evictions, and serious HPD violations. It describes the area around the building, not the building itself.
Sourced from NYC public records: ACRIS deeds, DOB permits, the NYC evictions dataset, and 311. Records reflect what agencies have published and can lag events.