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Queens / Kew Gardens / 11418

116-24 GROSVENOR LANE

Recorded on the Digital Tax Map as PARK LANE CONOMIIUM.

Boro4
Block3321
Lot7504
BBL4033217504
Class RM
Residential units
59
Units in total
63
Storeys
17
Year built
2005
Last alteration on file
-
Recorded transfers
132 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
13 Jul 2026$545,0008DSINGLE RESIDENTIAL CONDO UNITDEED
29 Jan 2026$620,00014ASINGLE RESIDENTIAL CONDO UNITDEED
5 May 2025$510,0002ASINGLE RESIDENTIAL CONDO UNITDEED
27 Aug 2024$510,0009ASINGLE RESIDENTIAL CONDO UNITDEED
7 Aug 2024$618,00011CSINGLE RESIDENTIAL CONDO UNITDEED
17 Oct 2023$570,00012DSINGLE RESIDENTIAL CONDO UNITDEED
22 Aug 2023$549,0003ASINGLE RESIDENTIAL CONDO UNITDEED
15 Aug 2023$570,00011DSINGLE RESIDENTIAL CONDO UNITDEED
12 Dec 2022$580,0008CSINGLE RESIDENTIAL CONDO UNITDEED
7 Dec 2022$530,0005DSINGLE RESIDENTIAL CONDO UNITDEED
1 Dec 2022$479,00017BSINGLE RESIDENTIAL CONDO UNITDEED
9 Mar 2022$585,0009DSINGLE RESIDENTIAL CONDO UNITDEED
5 Jan 2022$472,00010BSINGLE RESIDENTIAL CONDO UNITDEED
2 Dec 2021$442,5009BSINGLE RESIDENTIAL CONDO UNITDEED
3 Nov 2021$425,0004CSINGLE RESIDENTIAL CONDO UNITDEED
23 Aug 2021$420,0002BSINGLE RESIDENTIAL CONDO UNITDEED
29 Jun 2021$490,00016BSINGLE RESIDENTIAL CONDO UNITDEED
22 Apr 2021$605,00014DSINGLE RESIDENTIAL CONDO UNITDEED
24 Dec 2020$490,0009ASINGLE RESIDENTIAL CONDO UNITDEED
29 Oct 2020$415,0002CSINGLE RESIDENTIAL CONDO UNITDEED
17 Jul 2020$515,0007ASINGLE RESIDENTIAL CONDO UNITDEED
11 Mar 2020$504,8199DSINGLE RESIDENTIAL CONDO UNITDEED
4 Oct 2019$496,0009DSINGLE RESIDENTIAL CONDO UNITDEED
9 Jul 2019$530,0003ASINGLE RESIDENTIAL CONDO UNITDEED
9 May 2019$399,0009ASINGLE RESIDENTIAL CONDO UNITDEED
4 Dec 2018$610,0003DSINGLE RESIDENTIAL CONDO UNITDEED
17 Jul 2018$460,00011BSINGLE RESIDENTIAL CONDO UNITDEED
14 Jun 2018$489,9003ESINGLE RESIDENTIAL CONDO UNITDEED
1 Jun 2018$595,0279ASINGLE RESIDENTIAL CONDO UNITDEED
22 Dec 2017$640,00012CSINGLE RESIDENTIAL CONDO UNITDEED
28 Jul 2017$450,0006ESINGLE RESIDENTIAL CONDO UNITDEED
10 Mar 2017$565,00014DSINGLE RESIDENTIAL CONDO UNITDEED
16 Nov 2016$432,5003CSINGLE RESIDENTIAL CONDO UNITDEED
19 Sep 2016$510,0005DSINGLE RESIDENTIAL CONDO UNITDEED
18 Aug 2016$493,0004ASINGLE RESIDENTIAL CONDO UNITDEED
9 Dec 2015$490,0003ASINGLE RESIDENTIAL CONDO UNITDEED
13 Oct 2015$610,00010CSINGLE RESIDENTIAL CONDO UNITDEED
9 Sep 2015$489,0002ASINGLE RESIDENTIAL CONDO UNITDEED
25 Jun 2015$594,00011CSINGLE RESIDENTIAL CONDO UNITDEED
12 Mar 2015$327,5003BSINGLE RESIDENTIAL CONDO UNITDEED
132 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20262$582,500$545,000$620,000
20251$510,000--
20242$564,000$510,000$618,000
20233$570,000$549,000$570,000
20225$530,000$472,000$585,000
20215$442,500$420,000$605,000
20204$497,410$415,000$515,000
20193$496,000$399,000$530,000
20184$542,464$460,000$610,000
20173$565,000$450,000$640,000
20163$493,000$432,500$510,000
20155$490,000$327,500$610,000
20148$404,500$330,000$565,000
20134$450,000$315,000$482,000
20121$418,000--
20105$420,000$335,000$520,000
20093$390,000$195,000$499,000
20084$514,724$135,000$632,000
200724$509,605$353,886$666,954
200643$420,000$304,200$753,403
02

The building on the lot

Section through the lot

LOT 19,503 SQ FT17
Drawn from PLUTO: 17 storeys, 84,143 sq ft of building on 19,503 sq ft of lot, an average floor plate covering 25% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
19,503 sq ft
Building area
84,143 sq ft
Residential area
56,411 sq ft
Commercial area
27,732 sq ft
Office area
27,732 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.31
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$279,019
Assessed total value
$7,050,174
Exempt value
$0
Assessed per residential unit
$119,494

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
RM
Neighbourhood
Kew Gardens
ZIP code
11418
Community district
Queens 9
Council district
29
Coordinates
40.706903, -73.835399

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Kew Gardens

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
125-10 QUEENS BOULEVARDRM3771960408$270k
118-18 UNION TURNPIKED42131974275$255k
123-60 83 AVENUED621019600-
83-57 118 STREETD118619400-
83-31 116 STREETD118019500-
117-01 METROPOLITAN AVENUED41681935392$356k
107-01 PARK LANE SOUTHD415219353-
83-75 118 STREETD41501954152$320k
118-60 METROPOLITAN AVENUED41481954170$265k
83-40 AUSTIN STREETD41481956175$285k
82-67 AUSTIN STREETD314419271-
123-40 83 AVENUED41321960116$292k

Every building on file in Kew Gardens