41-21 27th Street, Queens
Commercial · built 2002 · Block 416, Lot 21.
Building permits
- Alteration, filed Aug 24, 2026, estimated cost $109K, described as “Installation of new VERIZON site on the roof. Install 4 sectors (16 antennas) with associated parts, 4 RRH units, 3 GPS antennas and 1 equipment platform with cabinets. Related conduits through 1st-13th floor and service connection in the…”
- Alteration, filed Jun 2, 2023, estimated cost $1K, described as “Installation of sidewalk shed as indicated on the attached drawings. There are no changes in use, egress or occupancy.”
Property taxes
- Assessment
- $22,754,250
- 2026–27 tax
- $1,842,036
- Market value (city estimate)
- $50,565,000
- Taxable value
- $16,980,424
- Assessed land
- $1,124,550
- Assessed improvements
- $21,629,700
Tax breaks
- ICAP/ICIP exemption, through Jun 30, 2028, about $398,130 a year below the full tax.
Zoning
M1-5/R9: floor area ratio 12.59 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.
- METLIFE PLAZA EXPANSION (City Planning P2002Q0066): Completed, decided Dec 24, 2001. 02DCP016Q: PROPOSES A ZONING MAP AND TEXT AMENDMENT TO EXTEND THE BOUND ARY OF AN M1-5/R9 DISTRICT APPROX. 172 FT N. ON 28TH STREET, AND APPROX. 153 FT. N. ON 27TH STREET