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Queens / Jamaica / 11432

163-24 89 AVENUE

Boro4
Block9793
Lot59
BBL4097930059
Class C7
Residential units
29
Units in total
31
Storeys
4
Year built
1931
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 7,500 SQ FT4
Drawn from PLUTO: 4 storeys, 25,000 sq ft of building on 7,500 sq ft of lot, an average floor plate covering 83% of it. The dashed outline is the difference between the floor area ratio already built (3.33) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.
Lot area
7,500 sq ft
Building area
25,000 sq ft
Residential area
23,200 sq ft
Commercial area
1,800 sq ft
Office area
-
Retail area
1,800 sq ft
Buildings on the lot
1
Built floor area ratio
3.33
Residential FAR permitted
6.02
Zoning district
C4-4D
03

Assessment

Assessed land value
$168,750
Assessed total value
$983,250
Exempt value
$0
Assessed per residential unit
$33,905

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
C7WALK-UP APT. OVER SIX FAMILIES WITH STORES
Neighbourhood
Jamaica
ZIP code
11432
Community district
Queens 12
Council district
27
Coordinates
40.70716, -73.79731
05

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