2717 42nd Road, Queens
Condominium · 182 units · built 2016 · Block 422, Lot 7501.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $25,050,604
- 2026–27 tax
- $417,554
- Market value (city estimate)
- $55,667,973
- Taxable value
- $4,711,199
- Assessed land
- $1,215,047
- Assessed improvements
- $23,835,557
- Condo units with their own tax lots
- 185
Tax breaks
- 421-a exemption, through Jun 30, 2034, about $2,411,617 a year below the full tax.
Zoning
M1-6/R10: floor area ratio 11.84 built, above the 10.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jul 22, 2026: $1,070,000, Apt 19C
- Jul 1, 2026: $1,570,000, Apt 7E
- May 26, 2026: $895,000, Apt 5H
- Dec 30, 2025: $965,000, Apt 3D
- Nov 20, 2025: $1,048,000, Apt 14G
- Dec 19, 2024: $980,000, Apt 4D
- Jan 3, 2024: $200,000, Apt 3D
- Jun 20, 2023: $742,576, Apt 3H
- Jun 20, 2023: $1,169,510, Apt 15A
- Mar 29, 2023: $596,700, Apt 15H
The 10 most recent of 193 open-market sales since 2016, from the Department of Finance’s sales files.
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.