New York City  »  11101  »  40th Rd  »  2923 40th Rd

29-23 40th Road, Long Island City, NY 11101 - Property report

Also known as: 29-23 40th Rd

Property image for 29-23 40th Road, Long Island City, NY 11101
static Mapbox map

Property type

Limited Service - Many Affiliated with National Chain (H3)

Year built

2012

Lot sq. ft.

9,000

Sale price

$4,200,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
29-23 40th Road
Alternate address(es)
29-27 40th Rd
ZIP code
11101
Neighborhood
LIC
Borough
Queens
Block & lot
00402-0012

Owner

Find out who owns 29-23 40th Road, Long Island City, NY 11101. Uncover corporate and individual owners with a free account.

Building
Property type
Limited Service - Many Affiliated with National Chain (H3)
Building sq. ft.
72,108
Building dimensions
75 ft x 110 ft
Buildings on lot
1
Stories
14
Year built
2012
Building material
Sales
Sale date
01/08/2008
Sale price
$4,200,000
Tax
Tax year
2026-2027
Property tax
$214,595
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
75 ft x 120.83 ft
Lot sq. ft.
9,000

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
86 /100.  Very Bikeable
School district
30
Community district
1
Closest police station
0.52 Miles
Closest fire station
0.61 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 29-23 40th Road, Long Island City, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 29-23 40th Road, Long Island City, NY 11101

Sale date Sale price Buyer name Seller name
01/08/2008 $4,200,000 XXXXXXXX XXXXXXXXXXX, XXX XXXX, XXXXXXXX XXX XXXX, XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/26/2023 - R UCC3 Termination
(2023042400813001)
XXXXXXXX XXXXXXXXXXX XXX XX XXXX X X
08/09/2018 - R UCC3 Termination
(2018080300225006)
XXXXXXXX XXXXXXXXXXX XXX XXXX XX XXXX
08/07/2018 - R Initial UCC1
(2018073101332001)
XXXXXXXX XXXXXXXXXXX XXX XX XXXX X X
08/09/2018 - R
07/31/2018 - D
Assignment of Leases and Rents
(2018080300225004)
XXXXXXXX XXXXXXXXXXX XXX XX XXXX X X
08/09/2018 - R
07/31/2018 - D
Agreement
(2018080300225003)
XXXXXXXX XXXXXXXXXXX XXX XX XXXX X X
08/09/2018 - R
07/31/2018 - D
Mortgage
(2018080300225002)
XXXXXXXX XXXXXXXXXXX XXX XX XXXX X X
08/09/2018 - R
07/19/2018 - D
Termination of Assign of L&R
(2018080300225005)
XXXX XX XXXX XXXXXXXX XXXXXXXXXXX XXX
08/09/2018 - R
07/19/2018 - D
Assignment, Mortgage
(2018080300225001)
XXXX XX XXXX XX XXXX X X
07/11/2018 - R UCC3 Continuation
(2018061901448001)
XXXXXXXX XXXXXXXXXXX XXX XXXX XX XXXX XXX XXXXXXXX XXXXX XXXX
09/03/2013 - R UCC3 Termination
(2013080101513002)
XXXXXXXX XXXXXXXXXXX XXX XXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 29-23 40th Road, Long Island City, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$214,595
Municipal exemptions
Recent tax assessments
Market value
$19,972,000
Assessed value
$8,987,400

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $19,831,000 $8,923,950 $1,539,810 10.848% $838,307 $167,039 +39.31%
2024/25 $18,466,000 $8,309,700 $1,114,110 10.762% $874,298 $119,901 +39.53%
2023/24 $16,944,000 $7,624,800 $811,260 10.592% $807,619 $85,929 +33.44%
2022/23 $15,522,000 $6,984,900 $604,890 10.646% $743,612 $64,397 +13.72%
2021/22 $15,101,000 $6,795,450 $526,500 10.755% $730,851 $56,625 +8.95%
2020/21 $24,233,000 $10,904,850 $486,000 10.694% $1,158,128 $51,973 +10.72%
2019/20 $24,248,000 $10,911,600 $445,500 10.537% $1,112,391 $46,942 +10.24%
2018/19 $24,230,000 $10,903,500 $405,000 10.514% $1,080,619 $42,582 0.00%
2017/18 $24,112,000 $10,850,400 $405,000 10.514% $978,139 $42,582 +10.97%
2016/17 $23,507,000 $10,578,150 $362,880 10.574% $877,326 $38,371 +12.26%

Permit information for 29-23 40th Road, Long Island City, NY

Filing date Job type Job status Job description Initial cost
06/05/2023 Alteration
09/15/2022 Alteration
09/15/2022 Alteration
08/15/2012 Alteration type 2
08/15/2012 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/10/2024 Aeuhaz1-fail to certify class 1 none
02/03/2023 Bench-failure to benchmark none
12/01/2022 Egrade-failure to post energy grade/score none

*Most recent DOB violations on record for this property.

Queens commercial market stats

Review a detailed real estate market overview of Queens and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Queens and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$458

1.2% Y-o-Y

Q1 2026 median price/sq. ft.

$434

-0.5% Y-o-Y

2025 median price/sq. ft.

$452

4.2% Y-o-Y

Check out recently sold homes in Queens and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
5

Subway & traffic

Closest station
Northern Blvd & 41st Ave at NW Corner
Station lines
E-M-R
Distance (miles)
0.125

Access the detailed traffic volume map for 29-23 40th Road, Long Island City, NY 11101 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 29-23 40th Road, Long Island City, NY 11101?

The development at 29-23 40th Road, Long Island City, NY 11101 was built in 2012.

What is the market value of 29-23 40th Road, Long Island City, NY 11101?

The current market value of 29-23 40th Road, Long Island City, NY 11101 is $19,972,000.

What is the total square footage of 29-23 40th Road, Long Island City, NY 11101?

29-23 40th Road, Long Island City, NY 11101 has a total of 72,108 square feet.

What is the price per square foot for this property?

$58 per square foot is the price for 29-23 40th Road, Long Island City, NY 11101.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 24.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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