# 38-03 31st Street, Queens

Apartment building · 9 units · built 2022 · Block 382, Lot 15.

On Umarelli: https://umarelli.org/nyc/4003820015/38-03-31-street

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

## Building permits

- Alteration, filed Jul 20, 2023, described as “Installation of temporary sidewalk shed per plan submitted. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jul 20, 2023, described as “Installation of supported scaffold per plan submitted. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Mar 30, 2023, estimated cost $6K, described as “Installation of heavy duty sidewalk shed as per plans. No change in use occupancy or egress under this application. Sidewalk shed shall comply with chapter 33 of the 2022 NYC building code.”
- Alteration, filed Apr 12, 2022, estimated cost $155K, described as “Filing of mechanical systems in conjunction with NB application 421779285”
- Alteration, filed Apr 12, 2022, estimated cost $87K, described as “Filing plumbing work type in conjunction with NB application 421779285”
- Alteration, filed Apr 7, 2022, estimated cost $26K, described as “Filing sprinkler work type in conjunction with NB application 421779285”
- Alteration, filed Jun 28, 2021, estimated cost $284K, described as “Filing structural, foundation and earthwork in conjunction with NB app# 421779285”
- Alteration, filed May 6, 2021, estimated cost $1K, described as “Filing fence work type in conjunction with NB application 421779285”
- Alteration, filed Sep 21, 2019, estimated cost $3K, described as “Installation of 8 feet construction fence around the perimeter of the property.”

## Property taxes

- Assessment: $846,900
- 2026–27 tax: $3,705
- Market value (city estimate): $1,882,000
- Taxable value: $29,784
- Assessed land: $169,200
- Assessed improvements: $677,700

## Tax breaks

- 421-a exemption, through Jun 30, 2060, about $101,641 a year below the full tax.

## Zoning

M1-2/R6A: floor area ratio 3.18 built, above the 3.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jun 4, 2019: $1,750,000

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 38-03 31st Street in Long Island City, Queens](https://newyorkyimby.com/2025/01/housing-lottery-launches-for-38-03-31st-street-in-long-island-city-queens.html), New York YIMBY, Jan 25, 2025.

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