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Queens / Jackson Heights / 11372

37-51 79 STREET

Boro4
Block1290
Lot49
BBL4012900049
Class D1Jackson Heights Historic District
Residential units
58
Units in total
58
Storeys
6
Year built
1927
Last alteration on file
2007
Recorded transfers
2 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
18 Mar 2014$10,018,574-APARTMENT BUILDINGDEED
1 Jun 2006$6,340,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20141$10,018,574--
20061$6,340,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 12,000 SQ FT6
Drawn from PLUTO: 6 storeys, 30,540 sq ft of building on 12,000 sq ft of lot, an average floor plate covering 42% of it. The dashed outline is the difference between the floor area ratio already built (2.55) and the residential floor area ratio of the zoning district (3.44). It is a diagram of recorded figures, not a picture of the building.
Lot area
12,000 sq ft
Building area
30,540 sq ft
Residential area
30,540 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.55
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$432,000
Assessed total value
$2,245,500
Exempt value
$1,399,500
Assessed per residential unit
$38,716

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
Jackson Heights
ZIP code
11372
Community district
Queens 3
Council district
25
Coordinates
40.747916, -73.886532
05

Other buildings in Jackson Heights

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
32-45 90 STREETD43961953347$257k
32-20 89 STREETD43941952302$267k
33-25 90 STREETD43601957282$320k
33-49 91 STREETD43601958287$325k
33-25 92 STREETD43581958329$285k
35-11 85 STREETD43481954344$315k
32-45 91 STREETD43301952267$280k
33-15 81 STREETD42701951197$308k
33-04 94 STREETD42401959163$280k
33-24 77 STREETD321619510-
35-20 LEVERICH STREETR42141964222$460k
35-38 75 STREETD42101951134$363k

Every building on file in Jackson Heights