# 40-46 24th Street, Queens

Condominium · 42 units · built 2019 · Block 408, Lot 7502.

On Umarelli: https://umarelli.org/nyc/4004087502/40-46-24-street

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

## Building permits

- New Building — Multi-Family, filed Nov 2, 2022, 42 units, 6 stories, described as “Proposed six (6) story + cellar mixed-use building.”
- Alteration, filed Jul 16, 2025, estimated cost $425K, described as “Proposed interior renovation and change of occupancy / use for first floor space of an existing six (6) story + cellar mixed-use building.”
- Alteration, filed Oct 13, 2023, estimated cost $5K, described as “Installation of 300PSF sidewalk shed, overhead protection,needle beam and pipe scaffolding, and roof protection as per plans. All equipment shall comply with chapter # 33 of the NYC code 2022. No use in egress or occupancy under this…”
- Alteration, filed Jun 30, 2023, estimated cost $1K, described as “Proposed construction fence. No change in use, egress or occupancy.”
- Alteration, filed Nov 4, 2022, estimated cost $1K, described as “Filing Curb cut application in conjunction with NB application #Q08029074”

## Property taxes

- Assessment: $6,170,373
- 2026–27 tax: $632,629
- Market value (city estimate): $13,711,988
- Taxable value: $6,084,925
- Assessed land: $584,991
- Assessed improvements: $5,585,382
- Condo units with their own tax lots: 73

## Zoning

M1-2/R6A: floor area ratio 4.07 built, above the 3.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jan 7, 2026: $40,730, Apt P11
- Oct 15, 2025: $40,560, Apt P13
- Aug 22, 2025: $1,790,000, Apt P8, sold with other lots
- Jul 15, 2025: $695,000, Apt P10, sold with other lots
- May 14, 2025: $50,000, Apt P15
- May 2, 2025: $919,425, Apt 2H
- Apr 16, 2025: $1,812,485, Apt P19, sold with other lots
- Apr 11, 2025: $644,748, Apt P9, sold with other lots
- Apr 11, 2025: $700,751, Apt P16, sold with other lots
- Apr 11, 2025: $1,670,000, Apt S8, sold with other lots

The 10 most recent of 43 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

[Mason Tops Out at 40-46 24th Street in Long Island City, Queens](https://newyorkyimby.com/2024/04/mason-tops-out-at-40-46-24th-street-in-long-island-city-queens.html), New York YIMBY, Apr 1, 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