25-40 31st Avenue, Queens
Co-op · 121 units · built c. 1939 · Block 579, Lot 55.
Building permits
- Alteration, filed Feb 24, 2022, estimated cost $5K, described as “Alteration type 3 - construction equipment - sidewalk- shed proposed installation of heavy duty sidewalk shed. No change in use occupancy or egress under this application. Live load 300 per square feet. Sidewalk shed shall comply with…”
- Alteration, filed Feb 11, 2022, estimated cost $35K, described as “Paint window lintel work, paint railings work, paint fire escape work and clean brick work efflorescence as per plan. No change in use, egress,or occupancy.”
- Alteration, filed Mar 9, 2021, estimated cost $55K, described as “Replace 5,000 gallon fuel oil tank with oil tank in same location.”
- Alteration, filed Mar 8, 2021, estimated cost $5K, described as “Install vault and dyke for tank installation under job# Q00471907.”
- Alteration, filed Jun 24, 2020, estimated cost $19K, described as “Modification to AT&T site. Replace 6 existing antennas and install 3 RRH units on roof. Install 1 new equipment rack and retrofit 1 existing cabinet in equipment room in cellar. All in conformance with TPPN 5/98. No change in use, egress,…”
- Alteration, filed Jun 16, 2020, estimated cost $100K, described as “Install new gas service, meter,piping, and summer use water heater with storage tank.”
- Alteration, filed Feb 22, 2018, estimated cost $12K, described as “Replacement of existing telecommunications antennas with replacement of RRH units on roof. Retrofit of existing cabinet in the existing equipment room in cellar. All work in compliance with TPPN 5/98. No change to occupancy, use, or egress.”
Property taxes
- Assessment
- $6,286,500
- 2026–27 tax
- $515,806
- Market value (city estimate)
- $13,970,000
- Taxable value
- $5,703,181
- Assessed land
- $697,500
- Assessed improvements
- $5,589,000
Tax breaks
- Co-op and condo abatement, with no end date, a $130,030 credit this tax year.
- J-51 abatement, through Jun 30, 2046, a $64,491 credit this tax year.
Zoning
R6A: floor area ratio 2.81 built, 3.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jul 6, 2026: $645,000
- Apr 30, 2026: $605,000
- Feb 26, 2026: $715,000
- Feb 9, 2026: $785,000
- Sep 18, 2025: $552,500
- Aug 13, 2025: $484,000
- Apr 29, 2025: $370,000
- Nov 7, 2024: $375,000
- Nov 6, 2024: $612,000
- Sep 26, 2024: $370,000
The 10 most recent of 43 open-market sales since 2016, from the Department of Finance’s sales files.