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Queens / Flushing-Willets Point / 11354

32-08 UNION STREET

Boro4
Block4954
Lot131
BBL4049540131
Class D1
Residential units
25
Units in total
25
Storeys
6
Year built
1999
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
26 Jun 2015$22,360,000-APARTMENT BUILDINGRPTT&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 8,466 SQ FT6
Drawn from PLUTO: 6 storeys, 35,100 sq ft of building on 8,466 sq ft of lot, an average floor plate covering 69% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
8,466 sq ft
Building area
35,100 sq ft
Residential area
35,100 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.15
Residential FAR permitted
2
Zoning district
R5D
03

Assessment

Assessed land value
$285,750
Assessed total value
$1,242,450
Exempt value
$0
Assessed per residential unit
$49,698

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Flushing-Willets Point
ZIP code
11354
Community district
Queens 7
Council district
20
Coordinates
40.768581, -73.827004
05

Other buildings in Flushing-Willets Point

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
138-30 NORTHERN BLVDRM88620230-
34-25 LINDEN PLACED343419700-
40-29 LAWRENCE STREETD140019550-
131-02A 40TH ROADRM3912020331$644k
41-40 UNION STREETRM3511974443$570k
43-23 COLDEN STREETD732119650-
43-70 KISSENA BOULEVARDD732019650-
43-32 KISSENA BOULEVARDD628519620-
43-44 KISSENA BOULEVARDD728519630-
42-49 COLDEN STREETD328419620-
42-55 COLDEN STREETD42841962272$355k
40-22 COLLEGE POINT BLVDR42802008412$900k

Every building on file in Flushing-Willets Point