Queens / 11101

40-01 VERNON BOULEVARD

Boro4

Block470

Lot1

BBL4004700001

Class D1

Residential units

525

Units in total

525

Storeys

Year built

1939

Last alteration on file

Recorded transfers

None

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.

The building on the lot

Section through the lot

Drawn from PLUTO: 6 storeys, 362,400 sq ft of building on 249,862 sq ft of lot, an average floor plate covering 24% of it. PLUTO records 15 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (1.45) and the residential floor area ratio of the zoning district (2.43). It is a diagram of recorded figures, not a picture of the building.

Lot area

249,862 sq ft

Building area

362,400 sq ft

Residential area

362,400 sq ft

Commercial area

Office area

Retail area

Buildings on the lot

Built floor area ratio

1.45

Residential FAR permitted

2.43

Zoning district

Assessment

Assessed land value

$4,497,300

Assessed total value

$11,363,850

Exempt value

$11,363,850

Assessed per residential unit

$21,645

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.

Classification and location

Building class

D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES

Neighbourhood

ZIP code

11101

Community district

Queens 1

Council district

Coordinates

40.756701, -73.945774

Other buildings in ZIP 11101

Address	Class	Res. units	Built	Transfers	Median apartment, 5 yr
56-28 2ND STREET	RM	1,132	2020	0	-
22-44 JACKSON AVENUE	RM	1,122	2016	0	-
41-01 VERNON BOULEVARD	D1	1,115	1939	0	-
43-25 HUNTER STREET	RM	974	2015	0	-
NORTHERN BOULEVARD	D6	958	2019	0	-
43-30 24 STREET	D6	938	2022	0	-
42-02 ORCHARD STREET	D7	824	2022	0	-
2-21 MALT DRIVE	D6	812	2022	0	-
23-15 44TH DRIVE	RM	802	2018	773	$1.20m
52-03 CENTER BLVD	RM	800	2019	0	-
43-22 QUEENS STREET	D6	790	1929	0	-
43-10 CRESCENT STREET	D6	709	2010	0	-

Every building on file in ZIP 11101