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| Building size | 199,382 sq ft |
|---|---|
| Stories | 7 |
| Sq ft per floor | 28,483 sq ft |
| Year built | 2023 |
| Lot dimensions | 292 × 150 ft |
|---|---|
| Lot area | 43,800 sq ft |
| Units | 354 |
|---|---|
| Zoning | R6 |
| Building class | R0 |
| Block / lot | Block 5022 / Lot 7504 |
| Built FAR | 3.90 |
|---|---|
| Max residential FAR | 2.43 |
| Max facility FAR | 4.80 |
| Tax class | 2 |
|---|---|
| Rent regulated | Unknown |
38-20 Parsons Boulevard was built in 2023 — roughly 3 years old. 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 uses about 81% of the density its zoning allows (3.90 built FAR vs. a maximum of 4.80) — roughly 39,420 sq ft of unused development rights, which can matter for renovations, expansions, or air-rights value.
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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.