11-27 Foam Place, Queens
Apartment building · 68 units · built 2024 · Block 15559, Lot 58.
Building permits
- New Building — Large Residential, filed Feb 16, 2022, estimated cost $5.2M, 68 units, 7 stories, described as “New 7-Story 68-Family Building”
- Alteration, filed Apr 3, 2024, estimated cost $5K, described as “Installation of a heavy duty sidewalk shed/scaffold as per plans during new building work. No change in use, egress or occupancy. Sidewalk shed/scaffold to comply with chapter 33 of NYC building code of 2022.”
- Alteration, filed Apr 29, 2022, described as “Filing Foundation in conjunction to primary application Q00665670-I1”
Property taxes
- Assessment
- $5,007,600
- 2026–27 tax
- $622,895
- Market value (city estimate)
- $11,128,000
- Taxable value
- $5,007,600
- Assessed land
- $137,250
- Assessed improvements
- $4,870,350
Zoning
R6: floor area ratio 5.83 built, above the 2.43 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 11, 2024: $4,800,000
- Feb 5, 2018: $2,075,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- Appeal (Board of Standards and Appeals 334-14-A): Appeal, Dismissed, filed Dec 30, 2014, decided Jul 5, 2017. Proposed construction of a nine-story transient hotel at the premises which does front on a legally mapped street, pursuant to Section 36 Article 3 of the General City Law.
In the news
Permits Filed for 11-27 Foam Place in Far Rockaway, Queens, New York YIMBY, Mar 14, 2025.