# 42-81 Hunter Street, Queens

Industrial · built 1941 · Block 432, Lot 33.

On Umarelli: https://umarelli.org/nyc/4004320033/42-81-hunter-street

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

## Building permits

- New Building — Mid-Rise, filed May 19, 2026, 38 units, 14 stories, early work permitted while the building plans are in review, described as “Proposed construction of a 14-story plus cellar mixed use building.”
- Demolition, filed Apr 6, 2026, estimated cost $50K, described as “This job is filed for full demolition work at 42-81 Hunter Street, Queens, NY 11101”

## Property taxes

- Assessment: $503,100
- 2026–27 tax: $48,279
- Market value (city estimate): $1,118,000
- Taxable value: $445,050
- Assessed land: $134,100
- Assessed improvements: $369,000

## Zoning

M1-5/R7-3: floor area ratio 1.00 built, 5.00 allowed by base zoning.

## Recent sales

- Feb 26, 2026: $9,750,000, 4,950 sq ft ($1,970 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 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.

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