40-16 76th Street, Queens
Commercial · built 1989 · Block 1486, Lot 36.
Building permits
- New Building — Mid-Rise, filed Mar 2, 2026, 181 units, 12 stories, described as “Proposed twelve (12) story + cellar community facility building.”
- Alteration, filed Apr 21, 2026, estimated cost $4K, described as “Installation of temporary roof protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Mar 16, 2026, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Sep 10, 2025, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
- Alteration, filed Jul 2, 2025, estimated cost $25K, described as “Proposed to cut, cap and demolish sprinkler system in conjunction with full demo job # Q01230254. No change to use, egress or occupancy under this application.”
- Demolition, filed Jun 19, 2025, estimated cost $700K, described as “Full demolition to a four story building”
Property taxes
- Assessment
- $1,972,350
- 2026–27 tax
- $210,722
- Market value (city estimate)
- $4,383,000
- Taxable value
- $1,942,500
- Assessed land
- $110,250
- Assessed improvements
- $1,862,100
Zoning
R6: floor area ratio 2.98 built, above the 2.43 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
Permits Filed for 40-18 76th Street in Elmhurst, Queens, New York YIMBY, Oct 5, 2020.