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Queens / Jamaica / 11432

88-40 161 STREET

Boro4
Block9764
Lot77
BBL4097640077
Class D7
Residential units
80
Units in total
81
Storeys
10
Year built
2006
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 29,800 SQ FT10
Drawn from PLUTO: 10 storeys, 83,100 sq ft of building on 29,800 sq ft of lot, an average floor plate covering 28% of it. The dashed outline is the difference between the floor area ratio already built (2.79) and the residential floor area ratio of the zoning district (5). It is a diagram of recorded figures, not a picture of the building.
Lot area
29,800 sq ft
Building area
83,100 sq ft
Residential area
82,100 sq ft
Commercial area
1,000 sq ft
Office area
1,000 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.79
Residential FAR permitted
5
Zoning district
R7X
03

Assessment

Assessed land value
$674,100
Assessed total value
$6,107,400
Exempt value
$0
Assessed per residential unit
$76,343

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Jamaica
ZIP code
11432
Community district
Queens 12
Council district
24
Coordinates
40.707057, -73.801
05

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