22-02 40th Avenue, Queens
Parking · built 1959 · Block 409, Lot 21.
Building permits
- Alteration, filed Feb 24, 2023, estimated cost $20K, described as “Proposed removal of (2) 2,000-gallon underground storage tanks and associated piping. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $505,350
- 2026–27 tax
- $47,381
- Market value (city estimate)
- $1,123,000
- Taxable value
- $436,770
- Assessed land
- $337,500
- Assessed improvements
- $167,850
Zoning
M1-5A: floor area ratio 1.00 built, 5.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Board and land use applications
- Long Island City Neighborhood Plan (City Planning 2024Q0304): Zoning map change, Zoning text change, Urban development action area, Completed, filed Apr 18, 2025, decided Nov 12, 2025. In coordination with its agency partners, DCP is leading a neighborhood study in Long Island City that focuses on areas adjacent to the Special Long Island City Mixed Use District, including the waterfront. This plan seeks to increase the…