30-02 Queens Boulevard
Analysis
The building’s strong valuation and clean compliance record are offset by its over‑built status, which limits future growth and drives the medium risk rating.
The good
- market value on record (128,665,000) is more than double the assessed value (57,899,250)
- no open violations and no penalties owed
- zero legal proceedings and not on tax lien list
The bad
- built beyond its residential floor‑area limit (residential FAR 18.56 exceeds limit 10)
- over‑built status restricts any future residential expansion
- high estimated annual property tax (7,238,564.24) relative to income potential
Written by a language model from this property's own figures — the same numbers shown on this page. It introduces no facts of its own: every figure it cites is checked against the data before the text is shown. It is a reading of the numbers, not a professional opinion, and it can be wrong about emphasis even when it is right about arithmetic. See our methodology.
What the numbers say
Generated from this property's own figures using the rules set out in our methodology. Every statement below refers to a number shown on this page.
Already larger than residential zoning would allow
The building occupies a floor-area ratio of 18.56, against a residential limit of 10.00 — it is over that limit by 8.56. A building in this position almost always predates the current rules and is legally non-conforming: it may generally remain, but it typically cannot be enlarged for residential use, and it may not be rebuildable as it stands.
No open violations on record
Nothing is currently outstanding against this property. Closed violations are not counted here — a violation that was raised and then fixed is a problem that went away, and an older building will have accumulated many of them. What matters is what is still open, and here that is nothing.
Last recorded sale
Recorded at $73,500,000 on 26 Jun 2014 — $133,636 per residential unit, $143 per built square foot, 1.27× the assessed value.
Assessed value trend
Assessed value has risen 11.8% across the 5 assessment years on record (2023 to 2027), standing at $57,899,250. Because tax is levied on the assessed figure rather than on market value, a sustained move here tends to show up in the bill.
Development & zoning
Floor-area ratio
| Built | 18.56 |
|---|---|
| Residential limit | 10.00 |
| Commercial limit | 10.00 |
| Community-facility limit | 10.00 |
Development headroom (calculated) calculated
| Highest permitted ratio | 10.00 |
|---|---|
| Unused ratio | -8.56 |
| Unused buildable area | — |
| Lot area | 27,626 sq ft |
Value & taxes
Assessment
| Assessed total | $57,899,250 |
|---|---|
| Assessed land | $2,797,200 |
| Assessed building | $55,102,050 |
| Market value on record | $128,665,000 |
| Assessed as % of market | 45.0% |
Tax
| Tax class | 2 |
|---|---|
| Taxable assessed | $57,899,250 |
| Tax rate | 12.502% |
| Estimated annual levy | $7,238,564.24 |
| Tax exemption (assessed value) | 421-a — $56,930,070 (through 2035) |
The levy is an estimate — taxable value × the published rate for the class. It does not account for exemptions or abatements the property may carry, and will not match an actual bill. It is not the property's total debt to the city: unpaid tax and water arrears are not shown anywhere on this page.
Assessed value by year
| Year | Assessed value | Change |
|---|---|---|
| 2027 | $57,899,250 | — |
| 2026 | $57,868,650 | +0.1% |
| 2025 | $54,116,550 | +6.9% |
| 2024 | $52,810,200 | +2.5% |
| 2023 | $51,794,550 | +2.0% |
Building & occupancy
Structure
| Year built | 2016 |
|---|---|
| Floors | 43 |
| Building area | 512,815 sq ft |
| Residential area | 505,418 sq ft |
| Commercial area | 7,397 sq ft |
Occupancy
| Total units | 551 |
|---|---|
| Residential units | 550 |
| Rent-stabilized | 550 |
| Storefronts | 2 |
| Residential Avg unit size | 919 sq ft (calculated) |
| Commercial Avg unit size | 7,397 sq ft (calculated) |
| Building class | D6 |
Neighborhood, risk & energy
Neighborhood & transit
| Nearest subway | Queens Plaza (E, F, R) — 0.04 mi |
|---|---|
| School district | 30 |
| Police precinct | 108 |
| Nearest firehouse | Ladder 116 — 37-20 29th Street |
Location risk
| Flood zone | Minimal hazard (Zone X) |
|---|---|
| Hurricane evacuation zone | Zone 3 |
| Environmental restriction | Hazardous materials, noise |
| Cleanup site | Environmental cleanup site (completed) |
| Evictions on record | 1 (most recent 2026) |
Building compliance
| Facade | Repairs required |
|---|
Energy & emissions
| Energy use intensity | 52.1 kBtu/ft² |
|---|---|
| Greenhouse-gas emissions | 2,436 metric tons/yr |
Record activity
Compliance calculated
| Open violations | 0 |
|---|---|
| Open per residential unit | 0.0 (calculated) |
| Enforcement penalties | $0.00 |
| Safety-violation penalties | Not available |
| Total penalties owed | $0.00 (calculated) |
| On tax-lien sale list | No |
Activity
| Complaints recorded | 160 |
|---|---|
| Permits / alterations | 43 |
| Recorded documents | 46 |
| Legal proceedings | 0 |
Total penalties owed combines two separate debts — enforcement penalties (from summonses) and safety-violation penalties (unfiled inspections and reports on boilers, elevators, facades and energy use). The second kind accrues quietly and is routinely missed; it is a standing debt on the building, not a fine someone can walk away from. The safety figure could not be retrieved for this property, so no total is shown — we would rather show nothing than a total that silently omits it. Neither figure includes unpaid property tax or water and sewer arrears, which are frequently the largest number of all and appear nowhere on this page. For a true payoff figure, go to the city directly.
Ownership & last recorded sale
Owner of record
| Owner | Lic Development Owner, L.p. |
|---|---|
| Parcel | 4002630009 |
| Block | 263 |
| Lot | 9 |
| Mortgage on record | $360,000,000 (2019) — Bank Of America, N.a. — note assigned |
| Fixture liens | 6 active fixture liens |
Last recorded transfer
| Date | 26 Jun 2014 |
|---|---|
| Recorded price | $73,500,000 |
| Price per unit | $133,636 |
| Price vs assessed | 1.27× |
Owner of record comes from the public land-use record and may lag a recent sale. It is frequently a holding company rather than an individual. If you own or manage this property and believe something here is wrong, tell us — we read and respond to every message of that kind.
Complaints
A complaint is an allegation, not a finding — many are dismissed. A sustained pattern is nevertheless informative about how a building is run.
| Date | Problem | Type | Status | Closed |
|---|---|---|---|---|
| 5 Aug 2026 | Food Vendor | Vendor Enforcement | Closed | 5 Aug 2026 |
| 30 Jul 2026 | Food Vendor | Vendor Enforcement | Closed | 30 Jul 2026 |
| 24 Jun 2026 | Food Vendor | Vendor Enforcement | Closed | 24 Jun 2026 |
| 24 Jun 2026 | Letter Grading | Food Establishment | In Progress | — |
| 3 Jun 2026 | Posted Parking Sign Violation | Illegal Parking | Closed | 3 Jun 2026 |
| 27 May 2026 | Posted Parking Sign Violation | Illegal Parking | Closed | 27 May 2026 |
| 16 May 2026 | Line/Marking - After Repaving | Street Condition | In Progress | — |
| 27 Mar 2026 | Line/Marking - Faded | Street Condition | Closed | 11 Jun 2026 |
| 25 Mar 2026 | Lead Kit Request (Residential) (L10 | Lead | Closed | 26 Mar 2026 |
| 15 Mar 2026 | Loud Music/Party | Noise - Residential | Closed | 15 Mar 2026 |
| 25 Feb 2026 | Noise: Manufacturing Noise (NK1 | Noise | Closed | 25 Feb 2026 |
| 28 Jan 2026 | Loud Music/Party | Noise - Residential | Closed | 28 Jan 2026 |
| 27 Jan 2026 | Pedestrian Feature | Snow or Ice | Closed | 31 Jan 2026 |
| 27 Jan 2026 | Pedestrian Feature | Snow or Ice | Closed | 31 Jan 2026 |
| 10 Jan 2026 | Loud Music/Party | Noise - Residential | Closed | 10 Jan 2026 |
| 15 Dec 2025 | Loud Talking | Noise - Residential | Closed | 15 Dec 2025 |
| 28 Oct 2025 | Loud Talking | Noise - Residential | Closed | 28 Oct 2025 |
| 24 Oct 2025 | Noise: Construction Before/After Hours (NM1 | Noise | Closed | 24 Oct 2025 |
| 21 Oct 2025 | Non-Chronic | Homeless Person Assistance | Closed | 21 Oct 2025 |
| 17 Oct 2025 | New Bus Stop Shelter Placement | Bus Stop Shelter Placement | Closed | 19 Nov 2025 |
| 3 Oct 2025 | Parking Permit Improper Use | Illegal Parking | Closed | 3 Oct 2025 |
| 24 Sep 2025 | Smoke/Odor | Mobile Food Vendor | Closed | 23 Nov 2025 |
| 17 Sep 2025 | Blocked Sidewalk | Illegal Parking | Closed | 17 Sep 2025 |
| 2 Sep 2025 | Banging/Pounding | Noise - Residential | Closed | 2 Sep 2025 |
| 27 Aug 2025 | Lead Kit Request (Residential) (L10 | Lead | Closed | 28 Aug 2025 |
| 24 Aug 2025 | Allowed in Smoke Free Area | Smoking or Vaping | Closed | 23 Oct 2025 |
| 18 Aug 2025 | Removal Request | Illegal Dumping | Closed | 19 Aug 2025 |
| 15 Aug 2025 | Non-Chronic | Homeless Person Assistance | Closed | 15 Aug 2025 |
| 6 Aug 2025 | Trespassing | Non-Emergency Police Matter | Closed | 6 Aug 2025 |
| 22 Jun 2025 | Food Vendor | Vendor Enforcement | Closed | 23 Jun 2025 |
| 26 May 2025 | Travel Agency | Consumer Complaint | Closed | 27 May 2025 |
| 24 May 2025 | Food Vendor | Vendor Enforcement | Closed | 24 May 2025 |
| 22 May 2025 | Lead Kit Request (Residential) (L10 | Lead | Closed | 23 May 2025 |
| 12 May 2025 | N/A | Encampment | Closed | 12 May 2025 |
| 12 May 2025 | N/A | Encampment | Closed | 12 May 2025 |
| 11 May 2025 | Lead Kit Request (Residential) (L10 | Lead | Closed | 14 May 2025 |
| 23 Apr 2025 | Blocked Sidewalk | Illegal Parking | Closed | 23 Apr 2025 |
| 13 Apr 2025 | Other (complaint details | Animal-Abuse | Closed | 14 Apr 2025 |
| 9 Apr 2025 | Illegal Hotel Rooms In Residential Building | Special Projects Inspection Team (SPIT | Closed | 6 Jun 2025 |
| 27 Mar 2025 | Smoke/Odor | Mobile Food Vendor | Closed | 27 May 2025 |
| 27 Mar 2025 | Smoke/Odor | Mobile Food Vendor | Closed | 27 May 2025 |
| 21 Mar 2025 | Food Vendor | Vendor Enforcement | Closed | 21 Mar 2025 |
| 19 Mar 2025 | Illegal Hotel Rooms In Residential Building | Special Projects Inspection Team (SPIT | Closed | 7 Apr 2025 |
| 5 Mar 2025 | — | Homeless Person Assistance | Closed | 5 Mar 2025 |
| 28 Feb 2025 | 3 or More | Food Poisoning | Closed | 11 Apr 2025 |
| 19 Feb 2025 | 3 or More | Food Poisoning | Closed | 20 Mar 2025 |
| 17 Feb 2025 | Cave-in | Street Condition | Closed | 4 Mar 2025 |
| 21 Jan 2025 | Noise: Jack Hammering (NC2 | Noise | Closed | 22 Jan 2025 |
| 16 Jan 2025 | Smoke/Odor | Mobile Food Vendor | Closed | 17 Mar 2025 |
| 13 Dec 2024 | Roadway | Snow or Ice | Closed | 13 Dec 2024 |
Showing the 50 most recent of 150. The full set is available in the interactive report.
Permits & alterations
The absence of a permit does not prove no work was done — it may equally mean work was done without one.
| Issued | Type | Status | Work |
|---|---|---|---|
| 3 Oct 2025 | Plumbing | Signed-off | Modification/additions to existing plumbing fixtures and related piping as per plans filed herewith. No change in use, egress or occupancy under this application |
| 11 Sep 2025 | Sprinklers | Signed-off | Modification/additions to existing sprinkler system and related piping as per plans filed herewith. No change in use, egress or occupancy under this application |
| 10 Sep 2025 | Mechanical Systems | Signed-off | Modification/additions to existing HVAC ductwork, air outlets and inlets as per plans filed herewith. No change in use, egress or occupancy under this application |
| 4 Sep 2025 | General Construction | Signed-off | Removal and installation of interior non-load bearing partitions, doors/frames, flooring, ceilings and related finishes for conversion of existing PMO to apartments. Removal of convenience stair. No change in use, egress or occupancy |
| 3 Sep 2025 | Structural | Signed-off | New 8' thick concrete infill slab as per plans filed herewith. No change in use, egress or occupancy under this application |
| 4 Apr 2024 | General Construction | Signed-off | Installation of interior non-load bearing partitions, doors, ceilings and related finishes for tenant build-out (Serafina). No change in use, egress or occupancy under this application |
| 3 Jan 2024 | Suspended Scaffold | Signed-off | facade inspection INSPECTION (Facade Inspection Safety Program) INDUSTRIAL ROPE ACCESS TECHNIQUES AND METHODS, SEE ATTACHED PLANS Designated Primary Site supervisor: Kenneth Cole |
| 17 Nov 2022 | Plumbing | Signed-off | Installation of new plumbing fixtures and related piping, modification to existing sprinkler system for tenant build-out (Serafina). No change in use, egress or occupancy under this application |
| 1 Jul 2022 | General Construction | Signed-off | Installation of interior non-load bearing partitions, doors, ceilings and related finishes for tenant build-out (Dozo Dog). No change in use, egress or occupancy under this application |
| 14 Jun 2022 | Mechanical Systems | Signed-off | Installation of new HVAC system and related ductwork for tenant build-out (Dozo Dog). No change in use, egress or occupancy under this application |
| 9 Jun 2022 | Plumbing | Signed-off | Installation of new plumbing fixtures and related piping for tenant build-out (Dozo Dog). No change in use, egress or occupancy under this application |
| 1 Jun 2022 | Mechanical Systems | Signed-off | Installation of new HVAC system and related ductwork for tenant build-out (Serafina). No change in use, egress or occupancy under this application |
| 15 Dec 2019 | A2 | ISSUED | — |
| 21 Aug 2019 | A3 | ISSUED | — |
| 10 May 2019 | A2 | ISSUED | — |
| 28 Dec 2018 | NB | ISSUED | — |
| 25 Sep 2018 | Supported Scaffold | Signed-off | INSTALLATION OF SYSTEM SCAFFOLD AS PER DRAWINGS. SCAFFOLD SHALL COMPLY WITH CHAPTER #33 OF THE NYC BUILDING CODE. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION |
| 22 Aug 2018 | A2 | ISSUED | — |
| 8 Aug 2018 | A2 | ISSUED | — |
| 27 Dec 2017 | A2 | ISSUED | — |
| 27 Dec 2017 | A3 | ISSUED | — |
| 27 Dec 2017 | A3 | ISSUED | — |
| 21 Dec 2017 | A3 | ISSUED | — |
| 6 Dec 2017 | A3 | ISSUED | — |
| 6 Dec 2017 | A3 | ISSUED | — |
| 27 Nov 2017 | A2 | ISSUED | — |
| 6 Nov 2017 | A2 | ISSUED | — |
| 29 Sep 2017 | A3 | ISSUED | — |
| 18 Jul 2017 | A2 | ISSUED | — |
| 2 Jun 2017 | A2 | ISSUED | — |
| 24 May 2017 | A3 | ISSUED | — |
| 9 Mar 2017 | A2 | ISSUED | — |
| 28 Feb 2017 | A3 | ISSUED | — |
| 12 Dec 2016 | A2 | ISSUED | — |
| 26 Sep 2016 | A2 | ISSUED | — |
| 13 Sep 2016 | A3 | ISSUED | — |
| 5 Aug 2016 | A3 | ISSUED | — |
| 27 May 2016 | A3 | ISSUED | — |
| 17 May 2016 | A3 | ISSUED | — |
| 19 Apr 2016 | A3 | ISSUED | — |
| 22 Feb 2016 | A3 | ISSUED | — |
| 16 Feb 1994 | A2 | ISSUED | — |
| 16 Feb 1994 | A2 | ISSUED | — |
Recorded documents
Deeds, mortgages and related instruments recorded against the lot. A recorded amount is not necessarily a market price.
| Recorded | Type | Amount | From | To |
|---|---|---|---|---|
| 12 Mar 2020 | EASE | — | — | — |
| 7 Jan 2020 | AALR | — | — | — |
| 7 Jan 2020 | Assignment | — | — | — |
| 7 Oct 2019 | Assignment | — | — | — |
| 7 Oct 2019 | Assignment | — | — | — |
| 30 Sep 2019 | Assignment | — | — | — |
| 30 Sep 2019 | Assignment | — | — | — |
| 30 Sep 2019 | Agreement | $1,000,000,000 | — | — |
| 30 Sep 2019 | AL&R | $1,000,000,000 | — | — |
| 30 Sep 2019 | Mortgage | $360,000,000 | — | — |
| 23 Sep 2016 | SAGE | — | — | — |
| 28 Jun 2016 | EASE | — | — | — |
| 14 Dec 2015 | Mortgage | $112,089,106 | — | — |
| 14 Dec 2015 | Mortgage | $527,910,894 | — | — |
| 11 Sep 2015 | DEVR | $6,507,040 | — | — |
| 11 Sep 2015 | SAGE | — | — | — |
| 11 Sep 2015 | CERT | — | — | — |
| 18 Aug 2015 | Deed | — | — | — |
| 17 Jul 2015 | EASE | — | — | — |
| 6 Mar 2015 | Transfer tax return | $3,802,500 | — | — |
| 13 Jan 2015 | SAGE | — | — | — |
| 13 Jan 2015 | CERT | — | — | — |
| 13 Jan 2015 | ZONE | — | — | — |
| 26 Dec 2014 | Transfer tax return | $24,000,000 | — | — |
| 26 Jun 2014 | Satisfaction of mortgage | — | — | — |
| 26 Jun 2014 | Deed | $73,500,000 | — | — |
| 26 Jun 2014 | TERL | — | — | — |
| 18 Mar 2014 | Transfer tax return | $2,323,750 | — | — |
| 14 Mar 2014 | Transfer tax return | $2,323,750 | — | — |
| 13 Aug 2013 | TLS | — | — | — |
| 24 Nov 2010 | Mortgage | $1,000,000 | — | — |
| 24 Nov 2010 | Agreement | $4,500,000 | — | — |
| 28 Feb 2008 | Mortgage | $500,000 | — | — |
| 28 Feb 2008 | Agreement | $3,500,000 | — | — |
| 20 Mar 2007 | Mortgage | $500,000 | — | — |
| 8 Feb 2006 | Mortgage | $500,000 | — | — |
| 9 Mar 2005 | Mortgage | $750,000 | — | — |
| 25 Aug 2004 | Mortgage | $1,250,000 | — | — |
| 25 Aug 2004 | MCON | — | — | — |
| 21 Mar 2002 | MAPS | — | — | — |
| 18 Jan 1990 | Deed | — | — | — |
| 18 Jan 1990 | Deed | — | — | — |
| 24 Jul 1989 | SAGE | — | — | — |
| 24 Mar 1988 | SAGE | — | — | — |
| 21 Nov 1978 | Deed | — | — | — |
| 21 Nov 1978 | LEAS | — | — | — |
About this page
Compiled from New York City public records — data retrieved 5 days ago. Coverage on this parcel: 15 of 15 record groups populated. The derived figures — unused floor-area ratio, buildable area, the assessed-value trend and the per-unit ratios — are calculated by us and appear in no public dataset; the formulas are in the methodology.
This is a research tool, not advice. It is not a title search, a lien search, a survey or an inspection, and it does not replace any of them. If a figure here matters to a decision, verify it at the source. See Terms.