38-21 12th Street, Queens

Vacant land · Block 472, Lot 646.

Building permits

Property taxes

Assessment
$5,974,200
2026–27 tax
$369,004
Market value (city estimate)
$13,276,000
Taxable value
$3,599,490
Assessed land
$5,974,200

Zoning

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

Flood zone

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

Recent sales

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

More construction in Long Island City

Umarelli: construction in New York City and Jersey City