New York City  »  11101  »  40th Ave  »  2708 40th Ave

27-08 40th Avenue, Long Island City, NY 11101 - Property report

Also known as: 27-04 40th Ave

Property image for 27-08 40th Avenue, Long Island City, NY 11101
static Mapbox map

Property type

Office Only 2-6 Stories (O2)

Year built

2008

Lot sq. ft.

10,000

Sale price

$13,298,138

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
27-08 40th Avenue
Alternate address(es)
27-04 - 27-10 40th Ave
ZIP code
11101
Neighborhood
LIC
Borough
Queens
Block & lot
00405-0023

Owner

Find out who owns 27-08 40th Avenue, Long Island City, NY 11101. Uncover corporate and individual owners with a free account.

Building
Property type
Office Only 2-6 Stories (O2)
Building sq. ft.
46,315
Buildings on lot
1
Stories
4
Year built
2008
Last altered
2016
Building material
Sales
Sale date
02/24/2014
Sale price
$13,298,138
Tax
Tax year
2026-2027
Property tax
$48,816
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
100 ft x 100 ft
Lot sq. ft.
10,000

Area overview

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

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

Ownership

Ownership information for 27-08 40th Avenue, Long Island City, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

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

Sales history for 27-08 40th Avenue, Long Island City, NY 11101

Sale date Sale price Buyer name Seller name
02/24/2014 $13,298,138 XX-XX XXXX XXXXXX XXXXXX XXXXXXXXXXX XX-XX XXXXXX XXXXXX, XXX
07/14/2006 $2,800,000 XX-XX XXXXXX XXXXXX XXX XXXXXXX XXXXXXXXX, XXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/05/2014 - R
02/24/2014 - D		 Deed
(2014022800696001)		 XXXX XXXXXX XXXXXX XXX XXXX XXXX XXXXXX XXXXXX XXXXXXXXXXX
07/18/2011 - R UCC3 Termination
(2011071200572003)		 XXXX XXXXXX XXXXXX XXX XXXXXXXX XXXX XXXXXX XXXXXXX XXXXXXX XX X
07/18/2011 - R
07/01/2011 - D		 Termination of Assign of L&R
(2011071200572002)		 XXXXXXXX XXXX XXXXXX XXXXXXX XXXXXXX XX X
07/18/2011 - R
07/01/2011 - D		 Satisfaction of Mortgage
(2011071200572001)		 XXXX XXXXXX XXXXXX XXX XXXXXXXX XXXX XXXXXX XXXXXXX XXXXXXX XX X
05/09/2008 - R
05/02/2008 - D		 Sundry Agreement
(2008050601513001)		 XXXX XXXXXX XXXXXX XXX
07/27/2006 - R
07/14/2006 - D		 Initial UCC1
(2006072001325004)		 XXXX XXXXXX XXXXXX XXX XXXXXXXX XXXX XXXXXX XXXXXXX XXXXXXX XXX
07/27/2006 - R
07/14/2006 - D		 Assignment of Leases and Rents
(2006072001325003)		 XXXXXXXX XXXX XXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXX XXXXXX XXX
07/27/2006 - R
07/14/2006 - D		 Mortgage
(2006072001325002)		 XXXX XXXXXX XXXXXX XXX XXXXXXXX XXXX XXXXXX XXXXXXX XXXXXXX XXX
07/27/2006 - R
07/14/2006 - D		 Deed
(2006072001325001)		 XXXXXXX XXXXXXXXX XXX XXXX XXXXXX XXXXXX XXX
05/27/1993 - R Satisfaction of Mortgage
(4100002954110)		 XXXXXXX XXXXXXXX XXX XXXXXXXXXXXXX XXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 27-08 40th Avenue, 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
$48,816
Municipal exemptions
Recent tax assessments
Market value
$6,253,000
Assessed value
$2,813,850

More about New York City property taxes

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 $6,156,000 $2,770,200 $450,000 10.848% $290,162 $48,816 +0.80%
2024/25 $5,508,000 $2,478,600 $450,000 10.762% $266,747 $48,429 +1.60%
2023/24 $5,972,000 $2,687,400 $450,000 10.592% $284,649 $47,664 -0.51%
2022/23 $5,901,000 $2,655,450 $450,000 10.646% $282,699 $47,907 -1.01%
2021/22 $6,183,000 $2,782,350 $450,000 10.755% $299,242 $48,398 -58.22%
2020/21 $8,001,000 $3,600,450 $1,083,150 10.694% $365,196 $115,832 +1.49%
2019/20 $7,613,000 $3,425,850 $1,083,150 10.537% $350,824 $114,132 +0.22%
2018/19 $7,452,000 $3,353,400 $1,083,150 10.514% $343,812 $113,882 +74.93%
2017/18 $6,408,000 $2,883,600 $619,200 10.514% $288,579 $65,103 +36.82%
2016/17 $6,032,000 $2,714,400 $450,000 10.574% $263,556 $47,583 -0.77%
Permits

Permit information for 27-08 40th Avenue, Long Island City, NY

Filing date Job type Job status Job description Initial cost
03/22/2022 Alteration
03/22/2022 Alteration
01/20/2016 Alteration type 2
01/20/2016 Alteration type 2
01/20/2016 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
04/29/2021 Egrade-failure to post energy grade/score none
09/15/2017 Evcat1-elevator annual inspection / test
01/15/2015 E-elevator

*Most recent DOB violations on record for this property.

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Queens Plaza North & 27th St at NW Corner
Station lines
N-Q-7
Distance (miles)
0.192
View subway map

Access the detailed traffic volume map for 27-08 40th Avenue, 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

Neighbors for 27-08 40th Avenue, Long Island City, NY

40-12 28th St, Long Island City 40-16 28th St, Long Island City 40-18 28th St, Long Island City 40-38 28th St, Long Island City 40-37 27th St, Long Island City 40-26 28th St, Long Island City 40-15 27th St, Long Island City 40-29 27th St, Long Island City 40-34 28th St, Long Island City 25-17 41st Ave, Long Island City 40-32 28th St, Long Island City 40-22 28th St, Long Island City 27-15 41st Ave, Long Island City 40-25 Crescent St, Long Island City 40-03 27th St, Long Island City 40-21 27th St, Long Island City 40-39 27th St, Long Island City 27-13 41st Ave, Long Island City

Nearby ZIP codes for 27-08 40th Avenue, Long Island City, NY

10017, New York City, NY 10021, New York City, NY 10022, New York City, NY 10028, New York City, NY 10044, New York City, NY 10065, New York City, NY 10075, New York City, NY 10128, New York City, NY 10152, New York City, NY 10154, New York City, NY 10162, New York City, NY 11102, New York City, NY 11103, New York City, NY 11104, New York City, NY 11106, New York City, NY 11109, New York City, NY 11211, New York City, NY 11222, New York City, NY 11377, New York City, NY 11378, New York City, NY

Frequently asked questions

What is the year built for 27-08 40th Avenue, Long Island City, NY 11101?

The development at 27-08 40th Avenue, Long Island City, NY 11101 was built in 2008.

What is the market value of 27-08 40th Avenue, Long Island City, NY 11101?

The current market value of 27-08 40th Avenue, Long Island City, NY 11101 is $6,253,000.

What is the total square footage of 27-08 40th Avenue, Long Island City, NY 11101?

27-08 40th Avenue, Long Island City, NY 11101 has a total of 46,315 square feet.

What is the price per square foot for this property?

$287 per square foot is the price for 27-08 40th Avenue, Long Island City, NY 11101.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 5.

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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