31-29 12th Street, Queens
Private school · built c. 1931 · Block 518, Lot 10.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $1,136,250
- Market value (city estimate)
- $2,525,000
- Taxable value
- $0
- Assessed land
- $97,200
- Assessed improvements
- $1,039,050
Tax breaks
- Nonprofit exemption (school), with no end date, about $123,260 a year below the full tax.
Zoning
R6B: floor area ratio 1.43 built, 2.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year. FEMA’s preliminary map: zone X, minimal flood hazard.
Board and land use applications
- 31-17 12th Street Rezoning (City Planning 2021Q0290): Zoning map change, Zoning text change, Completed, decided Oct 10, 2024. A zoning map amendment from R5B to R6B, and zoning text amendment to ZR Appendix F to establish an MIH Area with MIH Option 1, to facilitate a new 5-story approx. 26,500 sf residential building with 35 dwelling units including 9 affordable…