42-55 27th Street, Queens
Apartment building · 20 units · built 2025 · Block 431, Lot 6.
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Building permits
Permit records are unavailable right now; the map lists them once the city responds.
Property taxes
- Assessment
- $379,800
- 2026–27 tax
- $44,666
- Market value (city estimate)
- $844,000
- Taxable value
- $359,082
- Assessed land
- $379,800
Zoning
M1-5/R7-3: floor area ratio 8.14 built, above the 5.00 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 26, 2023: $1,743,000
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.