27-16 21st Street, Queens
Apartment building · 49 units · built 2023 · Block 539, Lot 32.
Building permits
- New Building — Multi-Family, filed Mar 28, 2022, 49 units, 8 stories, described as “Proposed 8 story & cellar mixed use building, 49 dwelling units”
- Alteration, filed May 4, 2023, estimated cost $3K, described as “Installation of 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 Mar 17, 2023, estimated cost $5K, described as “Installation of 300PSF heavy duty sidewalk shed, overhead protection, roof protection and pipe scaffolding as per plans. All equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this…”
- Alteration, filed Dec 8, 2022, estimated cost $5K, described as “Installation of 50' new sidewalk shed at 2716 21st street as indicated on plans. There will be no change in the use, egress, or occupancy under this application”
- Alteration, filed Nov 11, 2022, estimated cost $5K, described as “Installation of new sidewalk shed at 2716 21st street, as indicated on plans. There will be no change in the use, egress, or occupancy under this application.”
- Alteration, filed Nov 10, 2022, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
Property taxes
- Assessment
- $3,072,600
- 2026–27 tax
- $56,578
- Market value (city estimate)
- $6,828,000
- Taxable value
- $454,840
- Assessed land
- $584,100
- Assessed improvements
- $2,488,500
Tax breaks
- 421-a exemption, through Jun 30, 2059, about $325,623 a year below the full tax.
Zoning
R7X: floor area ratio 5.47 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
- Jun 21, 2022: $7,700,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.