# 39-40 30th Street, Queens

Apartment building · 103 units · built 2020 · Block 399, Lot 34.

On Umarelli: https://umarelli.org/nyc/4003990034/39-40-30-street

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

## Building permits

- Alteration, filed Oct 3, 2024, estimated cost $5K, described as “Minor alterations and change of occupancy at cellar from commercial (B) to food processing (F-2).”
- Alteration, filed Jul 9, 2024, estimated cost $600K, described as “General construction for interior fit out for new tenant. Alteration CO filed separately for change in use and egress separately as Q01104437-I1.”
- Alteration, filed Sep 15, 2020, described as “Installation of temporary supported scaffold per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed May 15, 2020, estimated cost $1K, described as “Curb Cut being filed in conjunction with New Building application 420666032.”
- Alteration, filed Apr 24, 2020, described as “Installation of temporary sidewalk shed per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Apr 24, 2020, described as “Installation of temporary construction fence per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jan 18, 2020, estimated cost $1K, described as “Temporary Standpipe being filed in conjunction with New Building job application number 42066032”
- Alteration, filed Sep 9, 2019, estimated cost $3K, described as “8' plywood construction fence”

## Property taxes

- Assessment: $10,800,000
- 2026–27 tax: $103,405
- Market value (city estimate): $24,000,000
- Taxable value: $831,300
- Assessed land: $787,500
- Assessed improvements: $10,012,500

## Tax breaks

- 421-a exemption, through Jun 30, 2058, about $1,240,007 a year below the full tax.

## Zoning

M1-3/R7X: floor area ratio 6.83 built, above the 5.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Mar 19, 2019: $15,200,000

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 Rise LIC at 29-17 40th Avenue in Long Island City, Queens](https://newyorkyimby.com/2022/01/housing-lottery-launches-for-rise-lic-at-29-17-40th-avenue-in-long-island-city-queens.html), New York YIMBY, Jan 21, 2022.

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