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Queens / Sunnyside Yards (North) / 11101

29-22 NORTHERN BOULEVARD

Recorded on the Digital Tax Map as 29-22 NORTHERN BOULEVARD CONDOMINIUM.

Boro4
Block239
Lot7501
BBL4002397501
Class RM
Residential units
467
Units in total
469
Storeys
44
Year built
2017
Last alteration on file
-
Recorded transfers
1 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
17 Oct 2018$313,195,194RESSINGLE RESIDENTIAL CONDO UNITRPTT&RET
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
02

The building on the lot

Section through the lot

LOT 31,367 SQ FT44
Drawn from PLUTO: 44 storeys, 489,937 sq ft of building on 31,367 sq ft of lot, an average floor plate covering 35% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
31,367 sq ft
Building area
489,937 sq ft
Residential area
451,390 sq ft
Commercial area
38,547 sq ft
Office area
-
Retail area
38,547 sq ft
Buildings on the lot
1
Built floor area ratio
15.62
Residential FAR permitted
10
Zoning district
M1-6/R10
03

Assessment

Assessed land value
$2,470,050
Assessed total value
$55,984,500
Exempt value
$51,381,704
Assessed per residential unit
$119,881

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
Sunnyside Yards (North)
ZIP code
11101
Community district
Queens 1
Council district
26
Coordinates
40.749132, -73.936198

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.