# 39-04 29th Street, Queens

Condominium · 20 units · built 2021 · Block 398, Lot 7501.

On Umarelli: https://umarelli.org/nyc/4003987501/39-04-29-street

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

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $2,610,000
- 2026–27 tax: $21,827
- Market value (city estimate): $5,800,000
- Taxable value: $800,052
- Assessed land: $449,550
- Assessed improvements: $2,160,450
- Condo units with their own tax lots: 3

## Tax breaks

- 421-a exemption, through Jun 30, 2059, about $211,490 a year below the full tax.

## Zoning

M1-2/R5D: floor area ratio 2.49 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Flood zone

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

## In the news

[Housing Lottery Launches for 39-04 29th Street in Long Island City, Queens](https://newyorkyimby.com/2024/03/housing-lottery-launches-for-39-04-29th-street-in-long-island-city-queens.html), New York YIMBY, Mar 16, 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