29-26 40th Avenue, Queens
Apartment building · 190 units · built 2024 · Block 402, Lot 32.
Building permits
- New Building — Mid-Rise, filed Mar 4, 2022, 190 units, 12 stories, described as “Application filed in order to erect 12-story mixed use new building.”
- Alteration, filed Jun 5, 2026, estimated cost $3K, described as “Installation of a temporary construction fence 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 Apr 3, 2025, estimated cost $20K, described as “Tower b: equipment use: dual personnel/material hoists. Car # 3 shall be 7000# & car # 4 shall be 6626# capacity during NB const, filed sep. Hoists shall comply with ch #33 of the NYC bc. No change in use, occ or egress under this app.…”
- Alteration, filed Dec 5, 2024, estimated cost $13K, described as “Installation of a temporary needle beam 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 Nov 18, 2024, estimated cost $46K, described as “Installation of a temporarily 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 10, 2024, estimated cost $20K, described as “Equipment use: dual 7000 # capacity personnel/material hoists during NB const, filed sep. Hoists shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Elevator application submitted separately”
- Alteration, filed Aug 1, 2024, estimated cost $8K, described as “Installation of a temporary roof protection and 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 Aug 1, 2024, estimated cost $9K, described as “Installation of a temporarily heavy-duty sidewalk shed 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 Jan 23, 2023, estimated cost $3K, described as “8' Construction Fence”
- Alteration, filed Jan 23, 2023, estimated cost $3K, described as “8' Construction Fence”
- Alteration, filed Dec 27, 2022, estimated cost $5K, described as “Installation of 300 psf sidewalk shed as per plans. All equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Dec 8, 2022, estimated cost $4K, described as “Installation of temporary construction plywood fence as per plans. No change in use, egress or occupancy. Fence shall comply with chapter 33 of NYC building code of 2022.”
- Alteration, filed Dec 8, 2022, estimated cost $4K, described as “Installation of temporary construction plywood fence as per plans. No change in use, egress or occupancy. Fence shall comply with chapter 33 of NYC building code of 2022.”
Property taxes
- Assessment
- $13,250,250
- 2026–27 tax
- $1,617,524
- Market value (city estimate)
- $29,445,000
- Taxable value
- $13,003,650
- Assessed land
- $1,248,750
- Assessed improvements
- $12,001,500
Zoning
M1-3/R7X: floor area ratio 6.95 built, above the 5.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jul 27, 2022: $19,000,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Housing Lottery Launches for DOMI at 29-24 40th Avenue in Long Island City, Queens, New York YIMBY, Oct 21, 2026.