# 40 Beach 62nd Street, Queens

Condominium · 28 units · built 2005 · Block 1337, Lot 7503.

On Umarelli: https://umarelli.org/nyc/4013377503/40-beach-62-street

More construction in Woodside: https://umarelli.org/nyc/queens/woodside.md

Every lot on block 1337: https://umarelli.org/nyc/queens/1337.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $1,836,004
- 2026–27 tax: $189,907
- Market value (city estimate): $4,080,002
- Taxable value: $1,590,299
- Assessed land: $130,501
- Assessed improvements: $1,705,503
- Condo units with their own tax lots: 41

## Tax breaks

- Co-op and condo abatement, with no end date, a $6,248 credit this tax year.

## Zoning

R6B: floor area ratio 2.53 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Oct 4, 2022: $518,000, Apt 3F, sold with other lots
- Jul 12, 2022: $640,000, Apt 4D, sold with other lots
- Jan 31, 2022: $440,000, Apt 2B
- Jan 26, 2022: $462,500, Apt 5D
- Mar 11, 2020: $595,000, Apt 1D
- Oct 17, 2019: $560,000, Apt 2A
- Aug 30, 2019: $359,970, Apt 1D
- May 30, 2018: $635,000, Apt 4E
- Jan 30, 2017: $339,000, Apt 1C
- Oct 6, 2016: $550,000, Apt 4E

The 10 most recent of 11 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