THE CONDO BOOK PROJECT

Valerie Arms Apt. Corp. *

54-40 & 54-44 Little Neck Parkway, Queens, NY 11362

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Overview

Valerie Arms Apt. Corp. * is a co-op conversion in Queens.

  • Offering plan: Accepted July 1981 · 162 pages
  • Prices: $3.16 million in all ($9.49 million when first offered)
  • Sponsor: Valjac Associates LLC, represented by Gallet Dreyer & Berkey, LLP
  • Subway: 118-minute walk to Jamaica-179 St (F)
  • Amendments: 44, the latest in September 2026
  1. SubmittedSeptember 1980
  2. AcceptedJuly 1981
  3. 44 amendments

First-Year Budget

From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)

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Property Taxes

The city's tax bill for this co-op building, and any tax breaks.

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Team

Sponsor
Valjac Associates LLC

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning districts
R3-2, R1-2The lot is split between two districts, the largest share first
Commercial overlay
C1-2

Today's zoning, from city data (PLUTO 26v2).

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