142-08 56 Road, Queens, NY 11355

$998,000 Sold Jun 2026

$891,000 Assessed value

Calculate mortgage for this property →

Building

Building size880 sq ft
Building dimensions22 × 44 ft
Stories1
Basement / garden levelYes — below ground
Sq ft per floor880 sq ft
Year built1930

Lot

Lot dimensions22 × 100 ft
Lot area2,200 sq ft
FEMA flood zoneX — minimal risk

Details

Units1
ZoningR4
Building classA2
Block / lotBlock 5171 / Lot 9

Floor Area Ratio (FAR)

Built FAR0.40
Max residential FAR1.00
Max facility FAR2.00

Taxes

Last recorded sale$998,000 (Jun 2026)
Assessed value$891,000
Tax class1
Annual property tax$6,825
Rent regulatedUnlikely

Terms on this page, explained →

About this property

142-08 56 Road was built in 1930 — roughly 96 years old. For property-tax purposes it falls under Class 1 (one- to three-family homes), the class with the highest nominal rate (19.8433%) but assessments capped at 6% of market value with strict yearly growth limits. At the current assessment that works out to about $6,825 per year ($569/month) before any abatements or exemptions the owner may receive. City records show it last changed hands for $998,000 in Jun 2026.

The building uses about 40% of the residential density its zoning allows (0.40 built FAR vs. a residential maximum of 1.00) — roughly 1,320 sq ft of unused development rights, which can matter for renovations, expansions, or air-rights value. Those figures are for residential use — a community-facility use (a doctor’s office, clinic, or school) raises the ceiling to 2.00 FAR.

Recent sales in Queens

All recent NYC sales · Queens property taxes · Property tax calculator · 421-a abatement check

Data: NYC Department of Finance and Dept. of City Planning (PLUTO) via NYC Open Data. Figures are public records, may lag current bills, and can exclude abatements. Not financial advice.