# 46-02 70th Street, Queens

Condominium · 74 units · built 2016 · Block 2432, Lot 7501.

On Umarelli: https://umarelli.org/nyc/4024327501/46-02-70-street

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

## Building permits

- Alteration, filed Jun 4, 2025, estimated cost $650K, described as “Tenant fit out of cellar commercial space (4,500 sf). Work to include construction of non-loadbearing interior partitions and doors, and finishes. No change to egress, use, or occupancy.”

## Property taxes

- Assessment: $8,603,100
- 2026–27 tax: $98,282
- Market value (city estimate): $19,118,000
- Taxable value: $1,663,824
- Assessed land: $1,082,250
- Assessed improvements: $7,520,850
- Condo units with their own tax lots: 2

## Tax breaks

- 421-a exemption, through Jun 30, 2055, about $849,187 a year below the full tax.

## Zoning

R7X: floor area ratio 5.95 built, above the 5.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Nov 20, 2023: $4,850,000, Apt C1

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

## Flood zone

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

## In the news

[Housing Lottery Launches for 46-02 70th Street in Woodside, Queens](https://newyorkyimby.com/2021/05/housing-lottery-launches-for-46-02-70th-street-in-woodside-queens.html), New York YIMBY, May 30, 2021.

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