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Queens / Jamaica / 11432

89-16 175 STREET

Recorded on the Digital Tax Map as TOWER ROYALE CONDOMINIUM.

Boro4
Block9828
Lot7501
BBL4098287501
Class RM
Residential units
55
Units in total
82
Storeys
6
Year built
2008
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

LOT 14,000 SQ FT6
Drawn from PLUTO: 6 storeys, 62,843 sq ft of building on 14,000 sq ft of lot, an average floor plate covering 75% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
14,000 sq ft
Building area
62,843 sq ft
Residential area
46,595 sq ft
Commercial area
16,248 sq ft
Office area
-
Retail area
10,963 sq ft
Buildings on the lot
1
Built floor area ratio
4.49
Residential FAR permitted
1
Zoning district
R4-1
03

Assessment

Assessed land value
$315,000
Assessed total value
$4,114,350
Exempt value
$742,630
Assessed per residential unit
$74,806

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
RM
Neighbourhood
Jamaica
ZIP code
11432
Community district
Queens 12
Council district
27
Coordinates
40.710043, -73.787169

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

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Every building on file in Jamaica