111TH Street, Queens
Apartment building · 106 units · built 2024 · Block 1704, Lot 12.
Building permits
- New Building — Large Residential, filed Oct 25, 2022, 106 units, 8 stories, described as “New building 8 story, 106 residential airs units and parking”
- Alteration, filed Sep 24, 2024, estimated cost $104K, described as “Installation of solar panels on existing roof. No change in use, occupancy, or egress. No change in bulk.”
- Alteration, filed Jun 13, 2024, estimated cost $50K, described as “One (1) sypder mini-cranes will be used for erection of curtain wall, and screen wall FOR9-story building. Crane will be used in multiple positions on each floor shown on plan drawings herein.”
- Alteration, filed Feb 6, 2024, estimated cost $1K, described as “Installation of power pole scaffold system as per plans. No change in egress, use, or occupancy.”
- Alteration, filed Jan 11, 2024, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jan 11, 2024, estimated cost $4K, described as “Installation of temporary roof protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 17, 2023, estimated cost $6K, described as “Installation of temporary personnel material hoist as per plans. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $6,277,500
- Market value (city estimate)
- $13,950,000
- Taxable value
- $0
- Assessed land
- $228,150
- Assessed improvements
- $6,049,350
Tax breaks
- 420-c exemption, through Jun 30, 2063, about $780,858 a year below the full tax.
Zoning
R6A: floor area ratio 3.28 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.
Recent sales
- Apr 28, 2021: $3,445,822, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Permits Filed for 32-14 111th Street in Corona, Queens, New York YIMBY, May 17, 2020.