# 640 Grassmere Terrace, Queens

Three-family · built 2005 · Block 15762, Lot 48.

On Umarelli: https://umarelli.org/nyc/4157620048/640-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: $6,207
- Market value (city estimate): $711,000
- Taxable value: $31,281
- Assessed land: $5,220
- Assessed improvements: $37,440

## 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

- Nov 15, 2016: $585,000

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