23-01 42 ROAD
BBL 4004250001 · Class D6 · Built 2015 · 44 floors · 392 units · ONE QPS OWNER, L.L.C.
23-01 42 ROAD is a property in New York City zoned M1-5/R9. The M1-5/R9 classification is Mixed Use M1-5/R9. The structure was built in 2015. It has 44 floors. The building contains 390,824 square feet. Built FAR is 26.19 of 7.52 maximum allowed. Assessed value is $42,921,000. Last sold for $284,000,000 in December 2018. Located in Council District 26.
You can build 149K sf as-of-right. The lot uses 262% of it today.
Governing use: commercial at FAR 10.00 on a 14,920 sqft lot. As-of-right means no rezoning, no variance — figures from PLUTO; verify with a zoning attorney before you underwrite.
The envelope, itemized
Every time the city discussed this parcel
No development cases on file for this parcel
When a ULURP, BSA, or landmark application touches this lot, it appears here with its full hearing trail.
Ownership chain
3 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| Dec 10, 2018 | DEED | $284,000,000 | QPS 23-10 DEVELOPMENT LLC→ONE QPS OWNER, L.L.C. |
| Jan 10, 2013 | DEED | $37,000,000 | ELECTRIC REALTY COMPANY, L.L.C.→QPS 23-10 DEVELOPMENT LLC |
| Mar 7, 2000 | DEED | — | EAGLE ELECTRIC MANUFACTURING CO INC→ELECTRIC REALTY COMPANY LLC |