661 Grassmere Terrace, Queens
Two-family · built 1996 · Block 15753, Lot 98.
Building permits
- Alteration, filed Jun 17, 2024, estimated cost $36K, described as “Installation of new gas fired equipment and plumbing fixtures at cellar level of the existing building. Filed in conjunction with ALTII application#Q01051547-I1.”
- Alteration, filed May 20, 2024, estimated cost $65K, described as “Minor interior renovation at cellar level .this application is filed to answer ecb violations of work without a permit #39045987J and #39045986H, . No change in use, egress or occupancy”
Property taxes
- Assessment
- $42,300
- 2026–27 tax
- $6,044
- Market value (city estimate)
- $705,000
- Taxable value
- $30,457
- Assessed land
- $9,000
- Assessed improvements
- $33,300
Zoning
R4-1: floor area ratio 0.50 built, 1.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Sep 30, 2025: $1,165,000
- Dec 7, 2023: $360,000
Open-market sales since 2016, from the Department of Finance’s sales files.