43-12 Hunter Street, Queens
Apartment building · 123 units · built 2018 · Block 434, Lot 16.
Building permits
- Alteration, filed May 21, 2024, estimated cost $376K, described as “Interior renovation for tenant fitout in mixed use building - eating & drinking establisment”
- Alteration, filed May 6, 2024, estimated cost $16K, described as “Filing for change of use in cellar (partial) from retail to accessory food preparation to 001 floor restaurant AND001 floor retail (space a) to eating & drinking establishment. Gc scope of work cellar demising wall.tenant fitout & en filed…”
- Alteration, filed Dec 20, 2023, estimated cost $250, described as “Install interior illuminated window sign (spear)”
- Alteration, filed Aug 25, 2023, estimated cost $7K, described as “Install full height partition to demise first floor store and to construct new storage room within newly demised store space as per plans filed. No change in use, occupancy, or egress.”
- Alteration, filed Nov 1, 2022, estimated cost $36K, described as “Addition and modifications to existing HVAC system and related ducts and piping. No change in use, egress or occupancy.”
- Alteration, filed Oct 26, 2022, estimated cost $15K, described as “Additions / modifications to existing plumbing system.”
- Alteration, filed Oct 26, 2022, estimated cost $28K, described as “Modification to existing Sprinkler system as per plans filed herewith. No change in use, egress or occupancy under this application.”
- No Work, filed Jun 16, 2021
- Alteration, filed Feb 4, 2021, described as “Install illuminated wall sign (the cove)”
- Alteration, filed Feb 4, 2021, estimated cost $700, described as “Install illuminated wall sign (the cove)”
- Alteration, filed Jan 4, 2020, described as “Installation of sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Nov 5, 2019, estimated cost $3K, described as “Install (3) new gas fired hot water boilers with integral burners. All structural details, supports, gas, flues, etc., filed in conjunction with NB 420659530. No change in means of egress, use group or occupancy.”
- Alteration, filed Jul 11, 2019, described as “Installation of system scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jul 23, 2018, described as “Installation of heavy duty sidewalk shed as per plans. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $14,671,350
- 2026–27 tax
- $13,648
- Market value (city estimate)
- $32,603,000
- Taxable value
- $109,717
- Assessed land
- $1,065,600
- Assessed improvements
- $13,605,750
Tax breaks
- 421-a exemption, through Jun 30, 2056, about $1,811,322 a year below the full tax.
Zoning
M1-5/R7-3: floor area ratio 11.11 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.
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.
In the news
The Cove’s Exterior Reaches Completion at 43-12 Hunter Street in Long Island City, Queens, New York YIMBY, Aug 9, 2020.