# 34-20 12th Street, Queens

Industrial · built 1960 · Block 326, Lot 30.

On Umarelli: https://umarelli.org/nyc/4003260030/34-20-12-street

More construction in Long Island City: https://umarelli.org/nyc/queens/long-island-city.md

Every lot on block 326: https://umarelli.org/nyc/queens/326.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $677,700
- 2026–27 tax: $35,741
- Market value (city estimate): $1,506,000
- Taxable value: $577,350
- Assessed land: $281,250
- Assessed improvements: $396,450

## Tax breaks

- ICAP abatement, through Jun 30, 2039, a $26,889 credit this tax year.

## Zoning

R5: floor area ratio 1.00 built, 1.50 allowed by base zoning.

## Recent sales

- Jul 31, 2020: $2,100,000, 12,500 sq ft ($168 per sq ft)

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology