# 37-25 32nd Street, Queens

Apartment building · 21 units · built 2023 · Block 374, Lot 10.

On Umarelli: https://umarelli.org/nyc/4003740010/37-25-32-street

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

## 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.

## 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.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[Housing Lottery Launches for 37-25 32nd Street in Long Island City, Queens](https://newyorkyimby.com/2024/01/housing-lottery-launches-for-37-25-32nd-street-in-long-island-city-queens.html), New York YIMBY, Jan 8, 2024.

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