40-17 70th Street, Queens
Apartment building · 17 units · built c. 1926 · Block 1302, Lot 18.
Building permits
- Alteration, filed Jul 29, 2022, estimated cost $23K, described as “Install new gas service, meter and piping.”
- Alteration, filed Jul 29, 2022, estimated cost $50K, described as “Replace boiler and oil burner with boiler and gasoil burner./”
- Alteration, filed Sep 15, 2021, estimated cost $1K, described as “Water piping connection for installation of oil-fired water heater.”
- Alteration, filed Sep 15, 2021, estimated cost $11K, described as “Replace boiler and oil burner. Install oil-fired water heater.”
- Alteration, filed Jul 9, 2021, estimated cost $14K, described as “Install new chimney liner as per plans. No change in use, occupancy, or egress.”
- Alteration, filed Oct 27, 2020, estimated cost $9K, described as “Replace of plumbing fixtures :cooking range, dish washer, and sink at kitchen , water closet, lavatory, and bathtub on existing roughing at existing bathroom as per plans. No change in use, egress, and occupancy under this application”
- Alteration, filed Jan 24, 2019, estimated cost $150K, described as “Installation of antennas, rru units, cable trays and equipment cabinets on roof (tmo - BQ06400A). All work is in compliance with tppn #5/98. No change to use, egress or occupancy.”
Property taxes
- Assessment
- $369,000
- 2026–27 tax
- $40,372
- Market value (city estimate)
- $820,000
- Taxable value
- $369,000
- Assessed land
- $99,900
- Assessed improvements
- $269,100
Tax breaks
- Abatement (city code MCI), through Jun 30, 2027, a $5,527 credit this tax year.
Zoning
R5D: floor area ratio 3.07 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.