# 43-27 162nd Street, Queens

Two-family with store · built c. 1925 · Block 5420, Lot 21.

On Umarelli: https://umarelli.org/nyc/4054200021/43-27-162-street

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

## Building permits

- Major Renovation — Enlargement, filed Jun 26, 2026, 1 unit added, 3 stories, described as “Proposed vertical and horizontal enlargement of an existing 2 story mix-use building to 3-story with cellar 2 family mix-use building. Obtain new certificate of occupancy.”

## Property taxes

- Assessment: $66,300
- 2026–27 tax: $7,921
- Market value (city estimate): $1,105,000
- Taxable value: $39,917
- Assessed land: $12,720
- Assessed improvements: $53,580

## Zoning

R5B: floor area ratio 0.95 built, 1.50 allowed by base zoning.

## Recent sales

- Jun 30, 2026: $1,400,000, 1,728 sq ft ($810 per sq ft)
- Oct 10, 2025: $980,000

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