# 62-28 Mount Olivet Crescent, Queens

Two-family · built c. 1932 · Block 2773, Lot 58.

On Umarelli: https://umarelli.org/nyc/4027730058/62-28-mt-olivet-crescent

More construction in Maspeth: https://umarelli.org/nyc/queens/maspeth.md

## 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.

## 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.

## 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