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Queens / Elmhurst / 11373

40-40 79 STREET

Boro4
Block1489
Lot18
BBL4014890018
Class D1
Residential units
192
Units in total
192
Storeys
6
Year built
1956
Last alteration on file
2022
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
23 Oct 2024$18,000,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 42,176 SQ FT6
Drawn from PLUTO: 6 storeys, 176,480 sq ft of building on 42,176 sq ft of lot, an average floor plate covering 70% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
42,176 sq ft
Building area
176,480 sq ft
Residential area
162,480 sq ft
Commercial area
14,000 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.18
Residential FAR permitted
3
Zoning district
R7B
03

Assessment

Assessed land value
$828,000
Assessed total value
$6,813,000
Exempt value
$0
Assessed per residential unit
$35,484

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
Elmhurst
ZIP code
11373
Community district
Queens 4
Council district
25
Coordinates
40.746165, -73.886867
05

Other buildings in Elmhurst

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
72-01 QUEENS BOULEVARDD637120220-
79-11 41 AVENUED135319582-
80-15 41 AVENUED727619592-
94-31 60 AVENUERM264-0-
83-30 VIETOR AVENUED42021963183$303k
83-45 BROADWAYD719319560-
94-11 59 AVENUED41851964170$292k
88-31 55TH AVENUERM1842017180$653k
44-05 MACNISH STREETD41691951155$305k
41-50 78 STREETD41651951106$240k
89-50 56 AVENUED716519631-
94-25 56 AVENUED716419611-

Every building on file in Elmhurst