37-25 32nd Street, Queens
Apartment building · 21 units · built 2023 · Block 374, Lot 10.
Building permits
- Alteration, filed Jun 16, 2023, estimated cost $5K, described as “Installation of a heavy duty sidewalk shed and pipe scaffold as per plans during general construction work. No change in use, egress or occupancy. Sidewalk shed & pipe scaffold to comply with chapter 33 of NYC building code of 2022.”
- Alteration, filed Jun 9, 2022, estimated cost $50K, described as “Filed herewith for partial foundation in conjunction with NB 421796989”
- Alteration, filed Jun 8, 2022, described as “Application filed for Mechanical system in conjunction with NB job number 421796989.”
- Alteration, filed Feb 2, 2022, described as “Application filed for Plumbing system in conjunction with NB job number 421796989.”
- Alteration, filed Feb 2, 2022, described as “Application filed for Sprinkler system in conjunction with NB job number 421796989.”
- Alteration, filed Jan 12, 2022, estimated cost $200K, described as “Filed herewith for foundation work in conjuction with NB 421796989”
- Alteration, filed Jan 11, 2022, estimated cost $119K, described as “Support of excavation in conjunction with NB 421796989”
- Alteration, filed Jan 11, 2022, estimated cost $250K, described as “Structural filing in conjunction with NB 421796989”
- Alteration, filed Sep 6, 2019, estimated cost $1K, described as “Temporary 8' construction fence”
Property taxes
- Assessment
- $2,571,300
- 2026–27 tax
- $12,334
- Market value (city estimate)
- $5,714,000
- Taxable value
- $99,154
- Assessed land
- $315,900
- Assessed improvements
- $2,255,400
Tax breaks
- 421-a exemption, through Jun 30, 2059, about $307,510 a year below the full tax.
Zoning
M1-2/R6A: floor area ratio 3.85 built, above the 3.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Dec 21, 2022: $3,900,000
- Jun 12, 2017: $2,900,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Housing Lottery Launches for 37-25 32nd Street in Long Island City, Queens, New York YIMBY, Jan 8, 2024.