# 40 Troy Street, Staten Island

Two-family · built 2025 · Block 4589, Lot 10.

On Umarelli: https://umarelli.org/nyc/5045890010/40-troy-street

More construction in Great Kills: https://umarelli.org/nyc/staten-island/great-kills.md

## Building permits

- New Building — Residential, filed Mar 12, 2025, 1 unit, 3 stories, described as “Application filed to construct a fully detached one (1) family home with one (1) on-site parking space”
- Alteration, filed Sep 15, 2025, estimated cost $30K, described as “Installation of PV system on existing roof top. No changes to the use egress or occupancy.”
- Alteration, filed May 1, 2025, estimated cost $55K, described as “Application filed to install plumbing fixtures , non-gas water heaters and on-site storm water disposal system in conjunction with new building application number # S01158151-I1”
- Demolition, filed Mar 18, 2025, estimated cost $5K, described as “Hand demo of a 1 story detached garage in rear yard, 13' high”
- Demolition, filed Mar 17, 2025, estimated cost $5K, described as “Hand demo of a 1.5 story house, 20' high”
- Alteration, filed Jan 2, 2025, estimated cost $3K, described as “Installation of new 10' curb cut”
- Alteration, filed Nov 19, 2024, estimated cost $8K, described as “Temporary construction fence to be erected at perimeter of property.”

## Property taxes

- Assessment: $77,580
- 2026–27 tax: $12,106
- Market value (city estimate): $1,293,000
- Taxable value: $72,504
- Assessed land: $15,180
- Assessed improvements: $62,400

## Tax breaks

- Solar abatement, through Jun 30, 2030, a $2,281 credit this tax year.

## Zoning

R2: floor area ratio 0.74 built, 0.75 allowed by base zoning.

## Recent sales

- Dec 30, 2025: $1,280,000
- Nov 1, 2024: $875,000, 960 sq ft ($911 per sq ft)

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

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- South Richmond Zoning Relief (City Planning 2020R0189): Zoning text change, Completed, filed Apr 7, 2023, decided Nov 2, 2023. The New York City Department of City Planning (DCP) is proposing a Zoning Text Amendment to update the Special South Richmond Development District in portions of Community District 3 in the Borough of Staten Island.

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