554 Grassmere Terrace, Queens

Single family · built c. 1920 · Block 15772, Lot 27.

Building permits

No building permits on file for this lot.

Property taxes

Assessment
$50,460
2026–27 tax
$5,169
Market value (city estimate)
$841,000
Taxable value
$26,051
Assessed land
$7,980
Assessed improvements
$42,480

Zoning

R4A: floor area ratio 0.75 built, 1.00 allowed by base zoning.

Flood zone

Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year.

Recent sales

Open-market sales since 2016, from the Department of Finance’s sales files.

More construction in Far Rockaway

Every lot on block 15772

Umarelli: construction in New York City and Jersey City