$505,000 Sold Jun 2026
$5,213,000 Assessed value
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| Building size | 53,400 sq ft |
|---|---|
| Building dimensions | 267 × 70 ft |
| Stories | 6 |
| Sq ft per floor | 8,900 sq ft |
| Year built | 1930 |
| Lot dimensions | 276.92 × 82.33 ft |
|---|---|
| Lot area | 30,000 sq ft |
| Units | 44 |
|---|---|
| Zoning | R3-2 |
| Building class | D4 |
| Block / lot | Block 3275 / Lot 83 |
| Built FAR | 1.78 |
|---|---|
| Max residential FAR | 0.75 |
| Max facility FAR | 1.00 |
| Last recorded sale | $505,000 (Jun 2026) |
|---|---|
| Assessed value | $5,213,000 |
| Tax class | 2 |
| Annual property tax | $261,215 |
| Exemptions / abatements | 10 HOLDER APARTMENTS CORP |
| Rent regulated | Co-op |
72-14 Burns Street was built in 1930 — roughly 96 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. At the current assessment that works out to about $261,215 per year ($21,768/month) before any abatements or exemptions the owner may receive. City records show it last changed hands for $505,000 in Jun 2026.
The building already exceeds what current zoning would allow (1.78 built FAR vs. a maximum of 1.00) — typically a grandfathered or overbuilt structure that could not be rebuilt to this size under today’s rules. This lot is associated with a co-op; individual apartments are owned as shares and taxed through the building.
All recent NYC sales · Queens property taxes
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.