31-25 Newtown Avenue, Queens
Apartment building · 20 units · built 2015 · Block 619, Lot 11.
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Building permits
- Alteration, filed Feb 28, 2020, estimated cost $5K, described as “Proposed installation of temporary pipe scaffold for new building as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
Property taxes
- Assessment
- $1,746,000
- 2026–27 tax
- $5,889
- Market value (city estimate)
- $3,880,000
- Taxable value
- $47,340
- Assessed land
- $230,850
- Assessed improvements
- $1,515,150
Tax breaks
- 421-a exemption, through Jun 30, 2058, about $211,296 a year below the full tax.
Zoning
C4-2A (part of the lot is C4-4A): floor area ratio 3.78 built, above the 3.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
In the news
Housing Lottery Launches for 31-25 Newtown Avenue in Astoria, Queens, New York YIMBY, Oct 5, 2022.