38-20 Parsons Boulevard, Queens, NY 11354

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Building

Building size199,382 sq ft
Stories7
Sq ft per floor28,483 sq ft
Year built2023

Lot

Lot dimensions292 × 150 ft
Lot area43,800 sq ft
FEMA flood zoneX — minimal risk

Details

Units354
ZoningR6
Building classR0
OwnershipCondominium
Block / lotBlock 5022 / Lot 7504

Floor Area Ratio (FAR)

Built FAR3.90
Max residential FAR2.43
Max facility FAR4.80

Taxes

Tax class2
Rent regulatedUnknown

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About this property

38-20 Parsons Boulevard was built in 2023 — roughly 3 years old. This is a condominium of 354 units — each unit is its own tax lot with its own bill. Search with a unit number for unit-level figures. For property-tax purposes it falls under Class 2 (residential buildings with four or more units, condos and co-ops), taxed at 12.439% of a taxable value based on 45% of the city’s income-derived market value.

The building already exceeds what current residential zoning would allow (3.90 built FAR vs. a residential maximum of 2.43) — typically a grandfathered or overbuilt structure that could not be rebuilt to this size under today’s rules. Those figures are for residential use — a community-facility use (a doctor’s office, clinic, or school) raises the ceiling to 4.80 FAR.

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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.