# 10-59 Grassmere Terrace, Queens

Two-family · built 2024 · Block 15713, Lot 39.

On Umarelli: https://umarelli.org/nyc/4157130039/1059-grassmere-terrace

More construction in Far Rockaway: https://umarelli.org/nyc/queens/far-rockaway.md

## Building permits

- New Building — Residential, filed Oct 26, 2023, 2 units, 3 stories, described as “Proposed new three (3) story, two (2) family building. Obtain a certificate of occupancy. All work as per plans.”
- Alteration, filed May 12, 2025, estimated cost $26K, described as “Filing herewith tax abatement application for installation of roof mounted solar panels. No change in use, egress or occupancy.”

## Property taxes

- Assessment: $53,280
- 2026–27 tax: $8,575
- Market value (city estimate): $888,000
- Taxable value: $53,280
- Assessed land: $10,200
- Assessed improvements: $43,080

## Tax breaks

- Solar abatement, through Jun 30, 2030, a $1,997 credit this tax year.

## Zoning

R4-1: floor area ratio 0.88 built, 1.00 allowed by base zoning.

## Recent sales

- Mar 24, 2025: $1,070,000

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