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Queens / Jamaica / 11432

88-05 MERRICK BOULEVARD

Boro4
Block9817
Lot6
BBL4098170006
Class D3
Residential units
92
Units in total
92
Storeys
9
Year built
1958
Last alteration on file
-
Recorded transfers
None
01

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.

02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 14,740 SQ FT9
Drawn from PLUTO: 9 storeys, 71,826 sq ft of building on 14,740 sq ft of lot, an average floor plate covering 54% of it. The dashed outline is the difference between the floor area ratio already built (4.87) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.
Lot area
14,740 sq ft
Building area
71,826 sq ft
Residential area
71,826 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.87
Residential FAR permitted
6.02
Zoning district
C4-4D
03

Assessment

Assessed land value
$531,000
Assessed total value
$4,193,550
Exempt value
$0
Assessed per residential unit
$45,582

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
D3ELEVATOR APT; FIREPROOF WITHOUT STORES
Neighbourhood
Jamaica
ZIP code
11432
Community district
Queens 12
Council district
24
Coordinates
40.708642, -73.795466
05

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