38-11 32nd Street, Queens
Industrial · built 1950 · Block 381, Lot 5.
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Building permits
- New Building — Mid-Rise, filed Aug 4, 2025, 84 units, 13 stories, described as “Thirteen story residential building with 84 dwelling units”
- Alteration, filed Oct 30, 2026, estimated cost $3K, described as “Installation of a temporary supported scaffold per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Oct 30, 2026, estimated cost $3K, described as “Installation of a temporary roof protection per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Oct 30, 2026, estimated cost $3K, described as “Installation of a temporary overhead protection per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application”
- Alteration, filed Sep 16, 2026, estimated cost $3K, described as “Installation and use of temporary knuckleboom as per plans filed herewith. No change in use egress, or occupancy.”
- Alteration, filed Mar 18, 2026, estimated cost $1K, described as “Proposed temporary 8' high construction fence. No change to occupancy or egress”
- Alteration, filed Jan 15, 2026, estimated cost $9K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Jan 2, 2026, estimated cost $35K, described as “Emergency clean up work following demolition work out of sequence. Under emergency work #376551.”
- Alteration, filed Dec 4, 2025, estimated cost $5K, described as “Installation of a heavy duty sidewalk shed as per plans during general construction work. No change in use, egress or occupancy. Sidewalk shed shall comply with 2022 NYC building code, chapter 33”
- Alteration, filed Nov 20, 2025, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
- Alteration, filed Nov 3, 2025, estimated cost $33K, described as “Proposed to cut, cap and demolish sprinkler system in conjunction with full demo job # Q01247569. No change to use, egress or occupancy under this application.”
- Demolition, filed Jun 30, 2025, estimated cost $70K, described as “Full demolition to a two story building”
- Alteration, filed Nov 30, 2021, estimated cost $10K, described as “Reconnect dual fuel burner to gas line and install hot water heater. No change in use, egress or occupancy.”
- Alteration, filed Nov 30, 2021, estimated cost $25K, described as “Create new boiler room on first floor. No change in use, egress or occupancy.”
- Alteration, filed Nov 30, 2021, estimated cost $61K, described as “Replace boiler and relocate new boiler and exg. Burner to first floor boiler room. No change in use, egress or occupancy.”
- Alteration, filed Nov 30, 2021, estimated cost $1K, described as “Install steel dunnage under new boiler on first floor. No change in use group, occupancy group, or egress.”
- Alteration, filed Oct 14, 2020, estimated cost $61K, described as “Replace dual fuel burner on existing boiler. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $1,884,150
- 2026–27 tax
- $204,393
- Market value (city estimate)
- $4,187,000
- Taxable value
- $1,884,150
- Assessed land
- $715,050
- Assessed improvements
- $1,169,100
Zoning
M1-3/R7X (part of the lot is M1-2/R6A): floor area ratio 1.13 built, 5.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jun 24, 2025: $18,500,000
Open-market sales since 2016, from the Department of Finance’s sales files.