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Queens / Forest Hills / 11374

98-51 QUEENS BOULEVARD

Boro4
Block2104
Lot1
BBL4021040001
Class D7
Residential units
200
Units in total
207
Storeys
6
Year built
1952
Last alteration on file
2017
Recorded transfers
6 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
22 Aug 2019$346,0006ASINGLE RESIDENTIAL COOP UNITRPTT&RET
3 May 2017$59,185,981-APARTMENT BUILDINGRPTT&RET
30 Sep 2013$9,291,927-APARTMENT BUILDINGRPTT&RET
30 Sep 2013$1,548,656-APARTMENT BUILDINGRPTT&RET
30 Sep 2013$5,805,249-APARTMENT BUILDINGRPTT&RET
30 Sep 2013$5,802,025-APARTMENT BUILDINGRPTT&RET
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.

By year

YearTransfersMedian recordedLowestHighest
20191$346,000--
20171$59,185,981--
20134$5,803,637$1,548,656$9,291,927
02

The building on the lot

Section through the lot

LOT 69,948 SQ FT6
Drawn from PLUTO: 6 storeys, 228,758 sq ft of building on 69,948 sq ft of lot, an average floor plate covering 55% of it. PLUTO records 3 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
69,948 sq ft
Building area
228,758 sq ft
Residential area
210,918 sq ft
Commercial area
17,840 sq ft
Office area
7,840 sq ft
Retail area
-
Buildings on the lot
3
Built floor area ratio
3.27
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$1,716,300
Assessed total value
$8,514,900
Exempt value
$0
Assessed per residential unit
$42,575

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
Forest Hills
ZIP code
11374
Community district
Queens 6
Council district
29
Coordinates
40.728438, -73.855807
05

Other buildings in Forest Hills

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
104-20 QUEENS BOULEVARDD31,32719601-
70-25 YELLOWSTONE BLVDD45631965600$406k
99-40 63 ROADR95451952373$310k
102-10 66 ROADD44981964551$381k
99-32 66 ROADRM4831952490$325k
62-11 108TH STREETRM44120200-
62-27 108TH STREETD343019750-
61-20 GRAND CENTRAL PARKWAYD44241965349$297k
110-17 QUEENS BOULEVARDD44051965377$629k
64-33 98 STREETD730019384-
64-35 YELLOWSTONE BLVDD42911950277$278k
98-01 67 AVENUED328619590-

Every building on file in Forest Hills