12-15 Broadway
Queens · Parcel 4005197501
126,602 sq ft
Building area
$19,287,800
Assessed value
Analysis
AI-generated Risk: Medium
The building has solid physical characteristics and no over‑building issues, but material safety‑violation penalties, unpaid violations, and lack of an arm‑length sale create financial and due‑diligence risks.
The good
- Open violations per unit is 0, indicating no per‑unit compliance issues
- Built floor‑area ratio of 2.3 is well under the residential limit of 4, so no over‑building constraints
- Average unit size of 592 sq ft is typical for this market segment
- No tax‑lien sale listing and not landmarked, simplifying ownership transfer
The bad
- Safety‑violation penalties of $18,000 and six unpaid safety violations represent material hidden debt
- No arm‑length sale recorded and market value on record is $0, limiting price transparency
- Six open violations overall raise compliance concerns despite the per‑unit rate
- Penalties outstanding are the sole reason for the medium risk rating
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.
Unused development capacity on the lot
Built floor-area ratio is 2.30 against a permitted 4.00, leaving 1.70 of unused ratio — roughly 93,605 sq ft of buildable area on a lot of 55,062 sq ft. Treat that as a ceiling under the floor-area rules, not a plan: height limits, setbacks, lot coverage, landmark status and sitting tenants can each reduce it, in some cases to nothing.
A light open-violation load
Only 6 violations are currently open across 214 residential units, with $0.00 outstanding. For a building of this age that is a modest figure.
Development & zoning
Floor-area ratio
| Built | 2.30 |
|---|
| Residential limit | 4.00 |
|---|
| Commercial limit | 0.00 |
|---|
| Community-facility limit | 4.00 |
|---|
Development headroom (calculated) calculated
| Highest permitted ratio | 4.00 |
|---|
| Unused ratio | 1.70 |
|---|
| Unused buildable area | 93,605 sq ft |
|---|
| Lot area | 55,062 sq ft |
|---|
Value & taxes
Assessment
| Assessed total | $19,287,800 |
|---|
| Assessed land | $2,250,037 |
|---|
| Assessed building | $17,037,763 |
|---|
| Market value on record | $0 |
|---|
| Assessed as % of market | — |
|---|
Tax
| Tax class | 2 |
|---|
| Taxable assessed | $0 |
|---|
| Tax rate | 12.502% |
|---|
| Estimated annual levy | — |
|---|
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 | $0 | — |
| 2026 | $0 | — |
| 2025 | $0 | — |
| 2024 | $0 | — |
| 2023 | $0 | — |
Building & occupancy
Structure
| Year built | 2011 |
|---|
| Floors | 8 |
|---|
| Building area | 126,602 sq ft |
|---|
| Residential area | 126,602 sq ft |
|---|
| Commercial area | — |
|---|
Occupancy
| Ownership | Condominium |
|---|
| Total units | 215 |
|---|
| Residential units | 214 |
|---|
| Rent-stabilized | 127 |
|---|
| Free Market / Other | 87 |
|---|
| Residential Avg unit size | 592 sq ft (calculated) |
|---|
| Building class | R4 |
|---|
Neighborhood, risk & energy
Neighborhood & transit
| Nearest subway | Broadway (N, W) — 0.57 mi |
|---|
| School district | 30 |
|---|
| Police precinct | 114 |
|---|
| Nearest firehouse | Engine 262 — 30-89 21st Street |
|---|
Location risk
| Flood zone | Moderate — 0.2% annual chance (Zone X) |
|---|
| Hurricane evacuation zone | Zone 2 |
|---|
| Projected floodplain | In the projected 2050s floodplain |
|---|
Energy & emissions
| Energy use intensity | 38.6 kBtu/ft² |
|---|
| Greenhouse-gas emissions | 625 metric tons/yr |
|---|
Comparable sales
| Address | Sale date | Price | Sq ft | $/sq ft |
|---|
| 12-15 Broadway, 321 | 2026-03-20 | $399,000 | — | — |
| 12-15 Broadway, 521 | 2026-03-20 | $399,000 | — | — |
| 12-15 Broadway, 415 | 2026-03-20 | $373,040 | — | — |
| 12-15 Broadway, 206 | 2025-09-26 | $587,000 | — | — |
| 12-15 Broadway, 210 | 2025-09-15 | $587,700 | — | — |
| 12-15 Broadway, 208 | 2025-07-30 | $587,000 | — | — |
| 12-15 Broadway, 605 | 2025-07-24 | $897,000 | — | — |
| 12-15 Broadway, 232 | 2025-07-24 | $587,000 | — | — |
Record activity
Compliance calculated
| Open violations | 6 |
|---|
| Open per residential unit | 0.0 (calculated) |
|---|
| Enforcement penalties | $0.00 |
|---|
| Safety-violation penalties | Not available |
|---|
| Total penalties owed | $18,000.00 (calculated) |
|---|
| On tax-lien sale list | No |
|---|
Activity
| Complaints recorded | 170 |
|---|
| Permits / alterations | 38 |
|---|
| Recorded documents | 0 |
|---|
| 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 | 12-15 Broadway Astoria LLC |
|---|
| Parcel | 4005197501 |
|---|
| Block | 519 |
|---|
| Lot | 7501 |
|---|
Last recorded transfer
| Date | — |
|---|
| Recorded price | — |
|---|
| Price per unit | Not meaningful |
|---|
| Price vs assessed | Not meaningful |
|---|
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.
Open violations
Open violations only. A violation that was raised and later corrected is not counted — an older building accumulates hundreds of those, and the number says more about its age than its condition.
Complaints
A complaint is an allegation, not a finding — many are dismissed. A sustained pattern is nevertheless informative about how a building is run.
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.
About this page
Compiled from New York City public records — data retrieved 5 days ago. Coverage on this parcel: 14 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.