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147-35 95 Avenue

Queens · Parcel 4099990040
521
Residential units
2023
Year built
460,540 sq ft
Building area
1
Open violations
$33,856,650
Assessed value

Analysis

AI-generated Risk: Medium

The building offers a brand‑new, high‑value asset with large units, but the over‑built residential FAR and existing penalties create moderate risk for investors.

The good

  • 2023 construction means all systems are brand new
  • Assessed value rose 1385.1% indicating strong market re‑valuation
  • Average unit size of 880 sq ft is large for NYC rentals
  • Open violations per unit is 0, showing good compliance

The bad

  • Built beyond the residential floor‑area limit (15.32 FAR vs 10 limit) restricts future expansion
  • Outstanding enforcement penalties of $2,500 must be settled at closing
  • No arms‑length sale on record, limiting price transparency
  • Over‑built status is a structural constraint, not an opportunity

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 15.32, against a residential limit of 10.00 — it is over that limit by 5.32. 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.

A light open-violation load

Only 1 violation is currently open across 521 residential units, with $2,500.00 outstanding. For a building of this age that is a modest figure.

Assessed value trend

Assessed value has risen 1,385.1% across the 5 assessment years on record (2023 to 2027), standing at $33,856,650. 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

Built15.32
Residential limit10.00
Commercial limit10.00
Community-facility limit10.00

Development headroom (calculated) calculated

Highest permitted ratio10.00
Unused ratio-5.32
Unused buildable area
Lot area30,067 sq ft

Value & taxes

Assessment

Assessed total$33,856,650
Assessed land$2,165,850
Assessed building$31,690,800
Market value on record$75,237,000
Assessed as % of market45.0%

Tax

Tax class2
Taxable assessed$33,856,650
Tax rate12.502%
Estimated annual levy$4,232,758.38
Tax exemption (assessed value)421-a — $32,310,760 (through 2061)

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

YearAssessed valueChange
2027$33,856,650
2026$32,938,200+2.8%
2025$12,788,550+157.6%
2024$2,165,850+490.5%
2023$2,279,700-5.0%

Building & occupancy

Structure

Year built2023
Floors24
Building area460,540 sq ft
Residential area458,549 sq ft
Commercial area1,991 sq ft

Occupancy

Total units521
Residential units521
Rent-stabilized466
Free Market / Other55
Residential Avg unit size880 sq ft (calculated)
Building classD3

Neighborhood, risk & energy

Neighborhood & transit

Nearest subwaySutphin Blvd-Archer Av-JFK Airport (E, J, Z) — 0.16 mi
School district28
Police precinct103
Nearest firehouseEngine 303/Ladder 126 — 104-12 Princeton Street

Location risk

Flood zoneMinimal hazard (Zone X)
Hurricane evacuation zoneNot in an evacuation zone
Environmental restrictionHazardous materials, air quality, noise

Energy & emissions

Energy use intensity8.5 kBtu/ft²
Greenhouse-gas emissions387 metric tons/yr

Comparable sales

AddressSale datePriceSq ft$/sq ft
94-01 Sutphin Boulevard2021-12-30$59,700,000

Record activity

Compliance calculated

Open violations1
Open per residential unit0.0 (calculated)
Enforcement penalties$2,500.00
Safety-violation penaltiesNot available
Total penalties owed$2,500.00 (calculated)
On tax-lien sale listNo

Activity

Complaints recorded247
Permits / alterations18
Recorded documents42
Legal proceedings0

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

OwnerSutphin Boulevard Equities LLC
Parcel4099990040
Block9999
Lot40
Mortgage on record$13,000,000 (2025) — Arbor Realty Sr, Inc.

Last recorded transfer

Date
Recorded price
Price per unitNot meaningful
Price vs assessedNot 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.

IssuedCategoryClassStatusAmount dueDescription
3 Aug 2026EnforcementCLASS - 1ACTIVE$2,500ELECTRICAL WORK WITHOUT A PERMIT. NOTED: OBSERVED ELECTRICAL BX CABLE EXPOSED AT EXPOSURE 1, STICKING OUT 9 INCHES PAST THE FACADE. UNSURE IF IT IS A LIVE WIRE., OBTAIN PERMIT

Complaints

A complaint is an allegation, not a finding — many are dismissed. A sustained pattern is nevertheless informative about how a building is run.

DateProblemTypeStatusClosed
8 Aug 2026Banging/PoundingNoise - ResidentialClosed8 Aug 2026
8 Aug 2026Banging/PoundingNoise - ResidentialClosed8 Aug 2026
6 Aug 2026Chemical Vapors/Gases/OdorsIndoor Air QualityIn Progress
6 Aug 2026Loud Music/PartyNoise - ResidentialClosed7 Aug 2026
6 Aug 2026Banging/PoundingNoise - ResidentialClosed6 Aug 2026
5 Aug 2026Banging/PoundingNoise - ResidentialClosed5 Aug 2026
31 Jul 2026Banging/PoundingNoise - ResidentialClosed31 Jul 2026
31 Jul 2026Loud TalkingNoise - ResidentialClosed31 Jul 2026
31 Jul 2026Banging/PoundingNoise - ResidentialClosed31 Jul 2026
30 Jul 2026DogNoiseClosed4 Aug 2026
27 Jul 2026Banging/PoundingNoise - ResidentialClosed27 Jul 2026
26 Jul 2026Banging/PoundingNoise - ResidentialClosed26 Jul 2026
25 Jul 2026Loud Music/PartyNoise - ResidentialClosed25 Jul 2026
23 Jul 2026Loud Music/PartyNoise - ResidentialClosed23 Jul 2026
23 Jul 2026Banging/PoundingNoise - ResidentialClosed23 Jul 2026
20 Jul 2026Loud Music/PartyNoise - ResidentialClosed20 Jul 2026
20 Jul 2026Loud Music/PartyNoise - Street/SidewalkClosed20 Jul 2026
18 Jul 2026Loud Music/PartyNoise - ResidentialClosed18 Jul 2026
17 Jul 2026Loud Music/PartyNoise - ResidentialClosed18 Jul 2026
17 Jul 2026Loud Music/PartyNoise - ResidentialClosed17 Jul 2026
16 Jul 2026Banging/PoundingNoise - ResidentialClosed16 Jul 2026
9 Jul 2026Banging/PoundingNoise - ResidentialClosed9 Jul 2026
9 Jul 2026Banging/PoundingNoise - ResidentialClosed9 Jul 2026
9 Jul 2026Other (Explain BelowIndoor Air QualityClosed10 Jul 2026
7 Jul 2026Banging/PoundingNoise - ResidentialClosed7 Jul 2026
5 Jul 2026Banging/PoundingNoise - ResidentialClosed5 Jul 2026
5 Jul 2026Banging/PoundingNoise - ResidentialClosed5 Jul 2026
5 Jul 2026Banging/PoundingNoise - ResidentialClosed5 Jul 2026
3 Jul 2026Banging/PoundingNoise - ResidentialClosed3 Jul 2026
3 Jul 2026Banging/PoundingNoise - ResidentialClosed3 Jul 2026
3 Jul 2026Loud Music/PartyNoise - ResidentialClosed3 Jul 2026
2 Jul 2026Banging/PoundingNoise - ResidentialClosed2 Jul 2026
2 Jul 2026Banging/PoundingNoise - ResidentialClosed2 Jul 2026
1 Jul 2026Banging/PoundingNoise - ResidentialClosed1 Jul 2026
26 Jun 2026Loud Music/PartyNoise - ResidentialClosed27 Jun 2026
24 Jun 2026NeglectedAnimal-AbuseClosed24 Jun 2026
24 Jun 2026Banging/PoundingNoise - ResidentialClosed24 Jun 2026
23 Jun 2026Banging/PoundingNoise - ResidentialClosed24 Jun 2026
19 Jun 2026VentilationIndoor Air QualityClosed23 Jun 2026
19 Jun 2026Banging/PoundingNoise - ResidentialClosed19 Jun 2026
18 Jun 2026Banging/PoundingNoise - ResidentialClosed18 Jun 2026
16 Jun 2026Banging/PoundingNoise - ResidentialClosed16 Jun 2026
16 Jun 2026Banging/PoundingNoise - ResidentialClosed16 Jun 2026
15 Jun 2026Loud Music/PartyNoise - ResidentialClosed16 Jun 2026
14 Jun 2026Banging/PoundingNoise - ResidentialClosed14 Jun 2026
12 Jun 2026Banging/PoundingNoise - ResidentialClosed12 Jun 2026
10 Jun 2026Loud TelevisionNoise - ResidentialClosed11 Jun 2026
10 Jun 2026Banging/PoundingNoise - ResidentialClosed10 Jun 2026
2 Jun 2026Banging/PoundingNoise - ResidentialClosed2 Jun 2026
31 May 2026Loud Music/PartyNoise - ResidentialClosed1 Jun 2026

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.

IssuedTypeStatusWork
10 Jun 2024General ConstructionSigned-offMARQUEE FILED IN CONJUNCTION WITH NB # Q00657656-I1
31 May 2024Curb CutSigned-offCurb Cut filed in conjunction with NB # Q00657656
29 Mar 2024Supported ScaffoldSigned-offINSTALLATION OF TEMPORARY PIPE SCAFFOLD AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY
29 Jan 2024Protection and Mechanical MethodsSigned-offINSTALLATION OF TEMPORARY PERSONNEL MATERIAL HOIST AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY
30 Oct 2023Sidewalk ShedSigned-offINSTALLATION OF TEMPORARY SIDEWALK SHED AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY
25 Jul 2023Protection and Mechanical MethodsSigned-offUSE OF MATERIAL PLATFORM DURING NEW BUILDING CONSTRUCTION, FILED SEPARATELY UNDER Q00657656
24 Jul 2023Protection and Mechanical MethodsSigned-offConstructing temporary Contractor's Shed (Shanty) at 2 Floor level
23 Jun 2023Earth WorkSigned-offNew foundation and superstructure filed in conjunction with new building # Q00657656-I1
16 Jun 2023Mechanical SystemsSigned-offMechanical Plans filed in conjunction with NB Q00657656. Work includes Split-Type Heat Pumps, PTAC units, Make-up Air Handlers, Exhaust Fans, Related Ducting and Ventilation Systems
1 Jun 2023General ConstructionPermit IssuedPROPOSED 24 STORY & CELLAR MIXED USE BUILDING TOTAL OF 521 DWELLING UNITS
31 May 2023Protection and Mechanical MethodsSigned-offINSTALLATION OF TEMPORARY NEEDLE BEAM AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY
20 Apr 2023StandpipeSigned-offInstallation of temporary air pressurized standpipe system during construction per a local law/09, IN CONJUNCTION WITH NEW BUILDING Q00657656
27 Mar 2023SprinklersSigned-offCombined Sprinkler/Standpipe System Installation filed in conjunction with NB Q00657656
24 Mar 2023PlumbingSigned-offInstallation of Plumbing System and new water service street connection filed in conjunction with NB Q00657656
3 Jan 2023FoundationSigned-offUnderpinning filed in conjunction with NB # Q00657656-I1. SOE & Foundation filed separately
22 Dec 2022Support of ExcavationSigned-offSOE filed in conjunction with NB
19 May 2022FoundationPermit Issuedlimited foundation element to obtain OER NNO and vest into 421-a in conjunction with NB GC # Q00657656-I1
17 May 2022Construction FenceSigned-offConstruction fence filed in conjunction with NB Q00657656

Recorded documents

Deeds, mortgages and related instruments recorded against the lot. A recorded amount is not necessarily a market price.

RecordedTypeAmountFromTo
3 Jun 2025AALR
3 Jun 2025Assignment
4 Apr 2025Assignment
27 Mar 2025AALR
13 Mar 2025Assignment
13 Mar 2025AL&R$155,000,000
13 Mar 2025Assignment
13 Mar 2025Agreement$155,000,000
13 Mar 2025TL&R
13 Mar 2025TL&R
13 Mar 2025SUBM
13 Mar 2025Mortgage$13,000,000
13 Mar 2025Release
13 Mar 2025TL&R
13 Mar 2025Assignment
19 Feb 2025SMIS
12 Mar 2024Agreement
12 Mar 2024Agreement
19 Jan 2024EASE
4 Jan 2024CERT
8 Nov 2023Assignment
8 Nov 2023Assignment
8 Nov 2023Mortgage$1,750,000
8 Nov 2023Agreement$17,750,000
8 Nov 2023AL&R$17,750,000
8 Nov 2023Mortgage$92,894,395
8 Nov 2023AL&R$92,894,395
8 Nov 2023Mortgage$31,355,605
8 Nov 2023AL&R$31,355,605
8 Nov 2023SMIS
8 Nov 2023TL&R
8 Nov 2023TL&R
8 Nov 2023Assignment
1 Nov 2023SMIS
26 Oct 2023Agreement
20 Oct 2023Mortgage$14,625,000
20 Oct 2023Mortgage$1,375,000
20 Oct 2023EASE
18 Oct 2023Agreement$29,250,000
18 Oct 2023Agreement$2,750,000
28 Feb 2022CERT
28 Feb 2022ZONE

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.