# 40-19 159th Street, Queens

Commercial · built 2009 · Block 5278, Lot 10.

On Umarelli: https://umarelli.org/nyc/4052780010/40-19-159-street

More construction in Flushing: https://umarelli.org/nyc/queens/flushing.md

Every lot on block 5278: https://umarelli.org/nyc/queens/5278.md

## 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.

## 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.

## 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