31-18 31st Street, Queens
Condominium · 10 units · built 2021 · Block 589, Lot 7502.
Building permits
- Alteration, filed Oct 30, 2024, estimated cost $110K, described as “Interior renovation of an existing commercial space on the 1ST & cellar floors. There is no change in use or occupancy under this application.”
Property taxes
- Assessment
- $1,226,249
- 2026–27 tax
- $41,371
- Market value (city estimate)
- $2,725,000
- Taxable value
- $380,029
- Assessed land
- $143,999
- Assessed improvements
- $1,082,250
- Condo units with their own tax lots
- 3
Tax breaks
- 421-a exemption, through Jun 30, 2059, about $96,696 a year below the full tax.
Zoning
C4-3: floor area ratio 3.86 built, above the 3.40 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.