27-20 42nd Road, Queens
Condominium · 51 units · built 2022 · Block 431, Lot 7503.
Building permits
- Alteration, filed May 8, 2026, estimated cost $155K, described as “Interior renovation for an existing commercial space at 1ST. Floor and cellar. Plumbing and electrical work as indicated on drawings. No change in use, egress and occupancy.”
- Alteration, filed Mar 31, 2025, estimated cost $10K, described as “Installation of 300 psf sidewalk shed 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 Jan 2, 2025, estimated cost $50K, described as “Interior renovation of existing commercial space for doctor office acupuncture and message space. No change in use, egress or occupancy.”
- Alteration, filed Dec 14, 2024, estimated cost $68K, described as “Renovation of retail sotre, including installation of partition, plumbing fixture, HVAC units and kitchen hood with exhaust fan. No change in use, occupancy and means of egress is involved under this application.”
- Alteration, filed Sep 12, 2024, estimated cost $58K, described as “Install new partition and ceiling mounted ac and ventilation system for new retail space.”
- Alteration, filed Jun 15, 2022, estimated cost $1K, described as “Installation and use of mini crane as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Jan 21, 2022, estimated cost $50K, described as “Installation of 7,100# temporary single car personnel/material hoist per plan and application submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jan 20, 2022, described as “Installation of temporary sidewalk shed per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jun 2, 2021, estimated cost $35K, described as “Installation of temporary standpipe with an air alarm in conjunction with new building job no: 421133213.”
- Alteration, filed Dec 15, 2020, estimated cost $5K, described as “Installation of heavy duty 300PSF sidewalk shed as per plans to comply with chapter #33 of the 2014 code no change to use, egress or occupancy.”
- Alteration, filed Dec 15, 2020, estimated cost $5K, described as “Installation of temporary construction plywood fence as per plans during construction. No change in use, egress or occupancy. Fence shall comply with chapter 33 of NYC building code of 2014.”
- Alteration, filed Oct 30, 2020, estimated cost $1K, described as “Structural work as per plans filed. Filed in conjunction with NB #421133213.”
- Alteration, filed Oct 28, 2020, estimated cost $1K, described as “Install new sprinkler/standpipe system and associated piping as per plans filed. Filed in conjunction with NB #421133213.”
- Alteration, filed Oct 22, 2020, estimated cost $1K, described as “Install plumbing fixtures and associated piping as per plans filed. Filed in conjunction with NB #421133213.”
- Alteration, filed Oct 22, 2020, estimated cost $1K, described as “Mechanical work as per plans filed. Filed in conjunction with NB #421133213”
Property taxes
- Assessment
- $5,516,566
- 2026–27 tax
- $567,719
- Market value (city estimate)
- $12,259,002
- Taxable value
- $5,398,239
- Assessed land
- $611,557
- Assessed improvements
- $4,905,009
- Condo units with their own tax lots
- 74
Tax breaks
- Co-op and condo abatement, with no end date, a $34,024 credit this tax year.
Zoning
M1-5/R7-3: floor area ratio 5.15 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
- Sep 10, 2026: $1,242,265, Apt 5A, sold with other lots
- Aug 26, 2026: $730,000, Apt 7G, sold with other lots
- Jun 25, 2026: $1,251,226, Apt 3A
- Nov 14, 2025: $702,593, Apt 3G
- Sep 3, 2025: $1,500,000, Apt 7D
- Aug 15, 2025: $2,392,888, Apt 9B, sold with other lots
- Jul 22, 2025: $940,000, Apt 7J, sold with other lots
- Jul 16, 2025: $936,790, Apt 5J
- Jul 15, 2025: $1,240,000, Apt 6A, sold with other lots
- Jun 16, 2025: $950,000, Apt 8J
The 10 most recent of 47 open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Athena LIC’s Curtain Wall Installation Begins at 27-20 42nd Road in Long Island City, Queens, New York YIMBY, Oct 3, 2022.