# 42-42 27th Street, Queens

Vacant land · Block 430, Lot 7.

On Umarelli: https://umarelli.org/nyc/4004300007/25-06-42-road

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

## Building permits

- New Building — Mid-Rise, filed Aug 11, 2021, estimated cost $800K, 93 units, 14 stories, described as “Propose new 14 story mixed-use building containing retail stores on 1ST & 2ND floors with total 93 residential apartments on upper floors. Obtain new co.”
- Alteration, filed Aug 22, 2025, estimated cost $20K, described as “Site preparation and grading work for vacant lot.”
- Alteration, filed Sep 7, 2021, estimated cost $8K, described as “To install fence in conjunction with NB application #Q00555969.”
- Alteration, filed Aug 2, 2021, estimated cost $100K, described as “Foundation and soe in conjuciton with NB job # Q00563277”

## Property taxes

- Assessment: $1,157,400
- 2026–27 tax: $112,365
- Market value (city estimate): $2,572,000
- Taxable value: $1,035,810
- Assessed land: $1,157,400

## Zoning

M1-5/R7-3: floor area ratio 0.00 built, 5.00 allowed by base zoning.

## Recent sales

- Aug 25, 2016: $12,543,374

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

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[Permits Filed for Hotel at 25-10 42nd Road in Long Island City, Queens](https://newyorkyimby.com/2021/08/permits-filed-for-hotel-at-25-10-42nd-road-in-long-island-city-queens.html), New York YIMBY, Aug 18, 2021.

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