40-19 159th Street, Queens
Commercial · built 2009 · Block 5278, Lot 10.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $450,000
- 2026–27 tax
- $40,125
- Market value (city estimate)
- $1,000,000
- Taxable value
- $448,920
- Assessed land
- $82,800
- Assessed improvements
- $367,200
Tax breaks
- ICAP abatement, through Jun 30, 2027, a $8,574 credit this tax year.
Zoning
R5B: floor area ratio 1.92 built, above the 1.50 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Mar 15, 2017: $3,400,000
- Feb 16, 2016: $2,500,000
Open-market sales since 2016, from the Department of Finance’s sales files.