41-42 24th Street, Queens
Apartment building · 421 units · built 2013 · Block 413, Lot 2.
Building permits
- Alteration, filed Jul 15, 2025, estimated cost $1K, described as “Install exterior illuminated wall sign (t mobile)”
- Alteration, filed Jul 12, 2024, estimated cost $1K, described as “Installation of temporary sidewalk shed as per drawings. No change in use, egress or occupancy.”
- Alteration, filed Jun 13, 2024, described as “Installation of suspended scaffold for facade inspection/ repair.”
- Alteration, filed May 7, 2024, estimated cost $415K, described as “Alteration application filed here for minor repairs for brick veneer, efflorescence cleaning, masonry elements, caulking, sealants, concrete patching repairs. No change to occupancy, use or egress.”
- Alteration, filed Aug 26, 2022, estimated cost $6K, described as “Erect illuminated accessory business wall sign; copy reading "T-Mobile"”
- Alteration, filed Sep 2, 2021, estimated cost $13K, described as “Erect illuminated business accessory wall sign for ideal image. No change in use, egress or occupancy.”
- Alteration, filed Sep 2, 2021, estimated cost $13K, described as “Erect illuminated accessory business wall sign for ideal image. No change in use, egress or occupancy.”
- Alteration, filed Jan 21, 2021, estimated cost $6K, described as “Illuminated non advertising accessory wall sign - the orthodontist & co - no change to use, egress, or occupancy”
- Alteration, filed Oct 3, 2018, estimated cost $13K, described as “Erect an illuminated business accessory wall sign. No change in use, egress or occupancy.”
- Alteration, filed Oct 3, 2018, estimated cost $13K, described as “Erect an illuminated business accessory wall sign. No change in use, egress or occupancy.”
- Alteration, filed Feb 20, 2018, estimated cost $3K, described as “Illuminated business, accessory sign, no change to use egress or occupancy”
- Alteration, filed Feb 20, 2018, estimated cost $3K, described as “Business accessory illuminated wall sign. No change to use, occupancy or egress.”
Property taxes
- Assessment
- $50,616,000
- 2026–27 tax
- $105,197
- Market value (city estimate)
- $112,480,000
- Taxable value
- $845,699
- Assessed land
- $2,809,800
- Assessed improvements
- $47,806,200
Tax breaks
- 421-a exemption, through Jun 30, 2032, about $5,458,461 a year below the full tax.
Zoning
M1-5/R9 (part of the lot is M1-5/R7-3): floor area ratio 9.49 built, above the 7.52 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Board and land use applications
- Long Island City BID Expansion (City Planning 2024Q0254): Business improvement district, Completed, filed Feb 2, 2024. An application from the Small Business Services (SBS) on behalf of the Long Island City Business Improvement District (BID) to modify the existing plan and expand the BID in Community Districts 1 and 2 of Queens.
In the news
41-42 24th Street Receives Refinancing Deal In Long Island City, Queens, New York YIMBY, Feb 7, 2026.