# 40-11 72nd Street, Queens

Apartment building · 46 units · built 1965 · Block 1304, Lot 25.

On Umarelli: https://umarelli.org/nyc/4013040025/40-11-72-street

More construction in Elmhurst: https://umarelli.org/nyc/queens/elmhurst.md

Every lot on block 1304: https://umarelli.org/nyc/queens/1304.md

## Building permits

- Alteration, filed May 27, 2023, estimated cost $21K, described as “Tuck pointing, brick replacemnet, lintel scrape and paint, lintel replacement and window sill replacement work as per plan, no change in use, egress or occupancy.”
- Alteration, filed May 4, 2023, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of the NYC building code. Live load 300PSF.”
- Alteration, filed Dec 18, 2022, estimated cost $20K, described as “Installation of gas meter , gas piping and gas train to replacement boiler / burner .”
- Alteration, filed Dec 18, 2022, estimated cost $180K, described as “Boiler and burner replacement”

## Property taxes

- Assessment: $1,579,950
- 2026–27 tax: $153,876
- Market value (city estimate): $3,511,000
- Taxable value: $1,485,180
- Assessed land: $495,900
- Assessed improvements: $1,084,050

## Tax breaks

- Abatement (city code MCI), through Jun 30, 2027, a $30,865 credit this tax year.

## Zoning

R6B (part of the lot is R6): floor area ratio 2.40 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Mar 8, 2022: $9,600,000, sold with other lots

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology