40-29 LAWRENCE STREET

Boro4

Block5037

Lot8

BBL4050370008

Class D1

Residential units

400

Units in total

400

Storeys

Year built

1955

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: 10 storeys, 390,975 sq ft of building on 250,000 sq ft of lot, an average floor plate covering 16% of it. PLUTO records 5 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 (1.56) 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

250,000 sq ft

Building area

390,975 sq ft

Residential area

390,000 sq ft

Commercial area

975 sq ft

Office area

Retail area

Buildings on the lot

Built floor area ratio

1.56

Residential FAR permitted

2.43

Zoning district

Assessment

Assessed land value

$3,375,000

Assessed total value

$8,960,400

Exempt value

$8,960,400

Assessed per residential unit

$22,401

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

Flushing-Willets Point

ZIP code

11354

Community district

Queens 7

Council district

Coordinates

40.757954, -73.832851

Other buildings in Flushing-Willets Point

Address	Class	Res. units	Built	Transfers	Median apartment, 5 yr
138-30 NORTHERN BLVD	RM	886	2023	0	-
34-25 LINDEN PLACE	D3	434	1970	0	-
131-02A 40TH ROAD	RM	391	2020	331	$644k
41-40 UNION STREET	RM	351	1974	443	$570k
43-23 COLDEN STREET	D7	321	1965	0	-
43-70 KISSENA BOULEVARD	D7	320	1965	0	-
43-32 KISSENA BOULEVARD	D6	285	1962	0	-
43-44 KISSENA BOULEVARD	D7	285	1963	0	-
42-49 COLDEN STREET	D3	284	1962	0	-
42-55 COLDEN STREET	D4	284	1962	272	$355k
40-22 COLLEGE POINT BLVD	R4	280	2008	412	$900k
131-03 40 ROAD	R4	263	2016	316	$815k

Every building on file in Flushing-Willets Point