# 24TH Street, Queens

School · built 1949 · Block 424, Lot 1.

On Umarelli: https://umarelli.org/nyc/4004240001/42-19-24-street

More construction in Long Island City: https://umarelli.org/nyc/queens/long-island-city.md

## Building permits

- New Building — Tower, filed Aug 2, 2024, 207 units, 38 stories, described as “Construct new 38 story mixed use building as per plans filed”
- Alteration, filed Apr 7, 2026, estimated cost $4K, described as “Use of temporary mini crane construction equipment as per plans filed herewith. This application is filed in conjunction with NB-Q01087530.”
- Alteration, filed Jan 27, 2026, estimated cost $20K, described as “Equipment use: installation of dual 7000# capacity personnel hoists during NB filed sep. Hoists shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Elev appl sub to elev dept.”
- Alteration, filed Jan 13, 2026, estimated cost $10K, described as “Installation of 300 psf sidewalk shed and roof protection as per plans. All equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Dec 4, 2025, estimated cost $5K, described as “Use of placing boom construction equipment as per plans filed herewith. This application is filed in conjunction with NB Q01087530-I1.”
- Alteration, filed Oct 23, 2025, estimated cost $30K, described as “Support of Excavation at sidewalk/street, pile and reinforced concrete pile cap foundation for the installation of pre-cast concrete con edison vault”
- Alteration, filed Aug 15, 2025, estimated cost $4K, described as “Use of temporary mini crane construction equipment as per plans filed herewith. This application is filed in conjunction with NB-Q01087530.”
- Alteration, filed Jul 17, 2025, estimated cost $10K, described as “Installation of temporary construction fence as per plans filed herewith. This application is filed in conjunction with NB-Q01087530.”
- Alteration, filed Oct 3, 2024, described as “Installation of temporary sidewalk shed per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Oct 3, 2024, estimated cost $4K, described as “Installation of temporary overhead protection per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Oct 3, 2024, described as “Installation of temporary supported scaffold per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Sep 25, 2024, estimated cost $5K, described as “Mechanical equipment will be used to assist with full demolition is accordance with approved full demo plans.”
- Demolition, filed Aug 12, 2024, estimated cost $1.0M, described as “Full demolition of two story structure, using hand held and mechanical means to assist”
- Alteration, filed Jul 22, 2024, estimated cost $199K, described as “Interior Demolition as per plans filed herewith.”
- Alteration, filed Feb 7, 2024, estimated cost $5K, described as “File temporary construction fence.”
- Alteration, filed Mar 3, 2022, estimated cost $683K, described as “Filing for an emergency generator. The fuel oil storage scope is filed under Mechanical application Q00641817-S2. No change to use, egress, or occupancy under this application.”
- Alteration, filed Jan 31, 2022, estimated cost $614K, described as “Installation of new sprinkler/ standpipe system for an enlargement of a building filed under DOB now# Q00641817.”
- Alteration, filed Jan 25, 2022, estimated cost $1K, described as “New installation of new curb cut as shown on drawings. Related ALT CO filed under DOB NOW application #Q00641817-I1.”
- Major Renovation — Mid-Rise, filed Dec 17, 2021, estimated cost $21.2M, 11 stories, described as “Filing for a core and shell enlargement for new life sciences lab (11 stories in total), existing floors to remain.”

## Property taxes

- Assessment: $4,202,550
- 2026–27 tax: $434,736
- Market value (city estimate): $9,339,000
- Taxable value: $4,007,520
- Assessed land: $1,323,000
- Assessed improvements: $2,879,550

## Zoning

M1-6/R9: floor area ratio 3.02 built, 10.00 allowed by base zoning.

## Recent sales

- Aug 22, 2023: $49,000,000
- Sep 14, 2020: $40,000,000, 74,105 sq ft ($540 per sq ft)

Open-market sales since 2016, from the Department of Finance’s sales files.

## 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…
- 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

[Permits Filed for a 40-Story Tower at 42-19 24th Street in Long Island City, Queens](https://newyorkyimby.com/2024/08/permits-filed-for-a-40-story-tower-at-42-19-24th-street-in-long-island-city-queens.html), New York YIMBY, Aug 5, 2024.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology