21-02 40th Avenue, Queens
Industrial · built c. 1912 · Block 410, Lot 19.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $1,371,600
- 2026–27 tax
- $123,173
- Market value (city estimate)
- $3,048,000
- Taxable value
- $1,135,440
- Assessed land
- $438,750
- Assessed improvements
- $932,850
Zoning
M1-5A: floor area ratio 4.00 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…