62-28 Mount Olivet Crescent, Queens
Two-family · built c. 1932 · Block 2773, Lot 58.
Building permits
- New Building — Multi-Family, filed May 27, 2021, estimated cost $569K, 8 units, 3 stories, described as “Hereby filing for the construction of new three story, 8 unit residential building.”
- Alteration, filed Jun 3, 2021, estimated cost $1K, described as “Hereby filing temporary construction fence.”
- Alteration, filed Mar 18, 2021, estimated cost $60K, described as “Hereby filing for foundation work work cellar and basement.”
Property taxes
- Assessment
- $70,860
- 2026–27 tax
- $14,061
- Market value (city estimate)
- $1,181,000
- Taxable value
- $70,860
- Assessed land
- $48,720
- Assessed improvements
- $22,140
Zoning
R4: floor area ratio 0.18 built, 1.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- May 28, 2020: $900,000, 2,034 sq ft ($442 per sq ft)
Open-market sales since 2016, from the Department of Finance’s sales files.