175-27 87th Drive, Queens
Apartment building · 66 units · built c. 1939 · Block 9845, Lot 1.
Building permits
- Alteration, filed Jul 3, 2023, estimated cost $9K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 per square feet. Sidewalk shed shall comply with chapter # 33 of the 2014 code. No change in use occupancy or egress under this application.”
Property taxes
- Assessment
- $1,609,650
- 2026–27 tax
- $200,224
- Market value (city estimate)
- $3,577,000
- Taxable value
- $1,609,650
- Assessed land
- $495,000
- Assessed improvements
- $1,114,650
Zoning
R5: floor area ratio 2.24 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
- Jan 10, 2019: $16,263,095
Open-market sales since 2016, from the Department of Finance’s sales files.