# 638 Grassmere Terrace, Queens

Three-family · built 2005 · Block 15762, Lot 47.

On Umarelli: https://umarelli.org/nyc/4157620047/638-grassmere-terrace

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

Every lot on block 15762: https://umarelli.org/nyc/queens/15762.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $42,660
- 2026–27 tax: $7,802
- Market value (city estimate): $711,000
- Taxable value: $39,317
- Assessed land: $6,720
- Assessed improvements: $35,940

## Zoning

R4-1: floor area ratio 2.37 built, above the 1.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Oct 24, 2025: $998,000
- Sep 19, 2018: $650,000
- Aug 16, 2017: $280,000

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