40-39 27th Street, Queens
Two-family · built c. 1920 · Block 405, Lot 9.
Building permits
- New Building — Multi-Family, filed Jul 24, 2026, 12 units, 6 stories, described as “Proposed a 6-story mixed-use building”
- Alteration, filed Sep 24, 2026, estimated cost $1K, described as “Proposed 50' builds pavement plan in conjunction with NB#Q01434334-I1.”
- Demolition, filed Feb 24, 2026, estimated cost $50K, described as “This job is filed for demolition work at 40-39 27 STREET, QUEENS NY 11101”
Property taxes
- Assessment
- $85,200
- 2026–27 tax
- $7,183
- Market value (city estimate)
- $1,420,000
- Taxable value
- $36,197
- Assessed land
- $19,380
- Assessed improvements
- $65,820
Zoning
M1-2/R5B (part of the lot is M1-2/R6A): floor area ratio 0.76 built, 2.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Apr 19, 2019: $1,550,000
Open-market sales since 2016, from the Department of Finance’s sales files.