New York City » 11101 » 40th Ave » 1207 40th Ave

12-07 40th Avenue, Long Island City, NY 11101 - Property report

Also known as: 12-07 40th Ave

Property image for 12-07 40th Avenue, Long Island City, NY 11101

Property type

Three Families (C0)

Year built

1901

Lot sq. ft.

2,500

Sale price

$1,100,000

General information

Address

Primary address

12-07 40th Avenue

ZIP code

11101

Neighborhood

LIC

Borough

Queens

Block & lot

00472-0626

Building

Property type

Three Families (C0)

Building sq. ft.

1,728

Building dimensions

24 ft x 38 ft

Buildings on lot

Stories

Year built

1901

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

10/01/2025

Sale price

$1,100,000

Tax

Tax year

2026-2027

Property tax

$7,678

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

40 Avenue (narrow)

Nearest wide street

11 Street

Distance to wide street

Lot dimensions

25 ft x 100 ft

Lot sq. ft.

2,500

Area overview

Walk score

94 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

85 /100. Very Bikeable

School district

Community district

Closest police station

0.93 Miles

Closest fire station

0.26 Miles

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

Ownership

Ownership information for 12-07 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 12-07 40th Avenue, Long Island City, NY 11101

Sale date	Sale price	Buyer name	Seller name
10/01/2025	$1,100,000	XX-XX XXXX XXX XXX	XXXX XXXX XXX
08/10/2016	$1,125,000	XXXX XXXX XXX	XXXX XXX, XXX
07/23/2015	$900,000	XXXX XXX, XXX	XXXXXX, XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
10/08/2025 - R 10/01/2025 - D	Deed (2025100800368001)	XXXX XXXX XXX	XXXX XXXX XXX XXX
08/17/2016 - R 08/10/2016 - D	Deed (2016081300062001)	XXXX XXX XXX	XXXX XXXX XXX
09/23/2015 - R 09/09/2015 - D	Satisfaction of Mortgage (2015090900911001)	XXXXXX XXXXXX	XXXXXX XXXXXXXXXX XXXX
09/01/2015 - R 07/23/2015 - D	Deed (2015080500356001)	XXXXXX XXXXXX	XXXX XXX XXX
11/28/2012 - R 06/28/2012 - D	Assignment, Mortgage (2012112600060001)	XXXXXX XXXX XXXXXXXX XXX	XXXXXXXXXX XXXXXXXX XXX
11/17/2010 - R 10/22/2010 - D	Assignment, Mortgage (2010110200580001)	XXXXXX XXXXXXXX XXXX XXX	XXXXXX XXXX XXXXXXXX XXX
02/17/2005 - R 01/13/2005 - D	Satisfaction of Mortgage (2005020900772001)	XXXXXX XXXXXX	XXXXXXXXXXXX XXX XXX XXXXXXXX XXXXXXXX XXX
03/16/2005 - R 01/10/2005 - D	Satisfaction of Mortgage (2005011000219001)
01/21/2005 - R 12/23/2004 - D	Mortgage (2005010601050001)	XXXXXX XXXXXX
11/16/2000 - R	Mortgage (4370007429137)	XXXXXX XXXXXX	XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 12-07 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

$7,678

Municipal exemptions

Recent tax assessments

Market value

$1,195,000

Assessed value

$71,700

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	$1,277,000	$76,620	$38,695	19.843%	$7,678	$7,678	+0.55%
2024/25	$1,251,000	$75,060	$38,020	20.085%	$7,636	$7,636	+6.00%
2023/24	$1,391,000	$83,460	$35,868	20.085%	$7,204	$7,204	+4.82%
2022/23	$1,265,000	$75,900	$33,840	20.309%	$6,873	$6,873	+6.77%
2021/22	$1,174,000	$70,440	$32,246	19.963%	$6,437	$6,437	-5.15%
2020/21	$1,264,000	$75,840	$32,246	21.045%	$6,786	$6,786	+1.19%
2019/20	$1,240,000	$74,400	$31,683	21.167%	$6,706	$6,706	+7.26%
2018/19	$945,000	$56,700	$29,890	20.919%	$6,253	$6,253	+8.77%
2017/18	$699,000	$41,940	$28,200	20.385%	$5,749	$5,749	+7.01%
2016/17	$822,000	$49,320	$26,872	19.991%	$5,372	$5,372	+2.23%

Permits

Permit information for 12-07 40th Avenue, Long Island City, NY

Filing date	Job type	Job status	Job description	Initial cost
04/30/2026	Alteration CO
08/04/2021	Alteration
12/01/2017	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	04/19/2015	B
	04/19/2015	B
	04/19/2015	B

*Most recent HPD violations on record for this property.

Neighborhood

Queens Bridge, Ravenswood, Long Island City North residential market stats

Access a detailed real estate market overview of Queens Bridge, Ravenswood, Long Island City North so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Queens Bridge, Ravenswood, Long Island City North and compare it to other neighborhoods in Queens.

Median sale price

—

Median price/sq. ft.

—

Queens median sale price

$595,000

1.7% 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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

21st St & 41st Ave at NW Corner

Station lines

Distance (miles)

0.121

View subway map

Access the detailed traffic volume map for 12-07 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 111 Jacob Blackwell	3	Yes	Public	PK, K-8	397	0.23
P.S. 111 Jacob Blackwell	3	Yes	Public	PK, K-8	397	0.23
Voice Charter School of New York	5	No	Charter	K-8	751	0.32
P.S. 76 William Hallett	5	No	Public	PK, K-5	390	0.33
P.S. 76 William Hallett	5	No	Public	PK, K-5	390	0.33
Growing Up Green Charter School	4	No	Charter	K-8	723	0.40
P.S. 112 Dutch Kills	3	No	Public	PK, K-5	438	0.44
P.S. 112 Dutch Kills	3	No	Public	PK, K-5	438	0.44
Queens Paideia School	NR	No	Private		28	0.51
The Child School	NR	No	Private	K-12	340	0.60

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Is 204 Oliver W Holmes	4	Yes	Public	6-8	341	0.50
P.S. 111 Jacob Blackwell	3	No	Public	PK, K-8	397	0.23
Voice Charter School of New York	5	No	Charter	K-8	751	0.32
Growing Up Green Charter School	4	No	Charter	K-8	723	0.40
GOTHAM TECH HIGH SCHOOL	NR	No	Public	9	94	0.42
Queens Paideia School	NR	No	Private		28	0.51
The Child School	NR	No	Private	K-12	340	0.60
P.S. Is 217 Roosevelt Island	7	No	Public	PK, K-8	716	0.62
Baccalaureate School for Global Education	8	No	Public	7-12	527	0.80
Evangel Christian School	NR	No	Private	PK-12	437	0.81

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Long Island City High School	4	Yes	Public	9-12	1,924	0.82
Academy of American Studies	7	No	Public	9-12	1,363	0.41
Newcomers High School	3	No	Public	9-12	975	0.42
GOTHAM TECH HIGH SCHOOL	NR	No	Public	9	94	0.42
Energy Tech High School	7	No	Public	9-12	510	0.50
Queens Paideia School	NR	No	Private		28	0.51
Information Technology High School	4	No	Public	9-12	823	0.57
The Child School	NR	No	Private	K-12	340	0.60
Baccalaureate School for Global Education	8	No	Public	7-12	527	0.80
Evangel Christian School	NR	No	Private	PK-12	437	0.81

Frequently asked questions

What is the year built for 12-07 40th Avenue, Long Island City, NY 11101?

The development at 12-07 40th Avenue, Long Island City, NY 11101 was built in 1901.

What is the total square footage of 12-07 40th Avenue, Long Island City, NY 11101?

12-07 40th Avenue, Long Island City, NY 11101 has a total of 1,728 square feet.

When was 12-07 40th Avenue, Long Island City, NY 11101 last sold and what was the sale price?

12-07 40th Avenue, Long Island City, NY 11101 was last sold on 10/01/2025 for $1,100,000.

What is the assessed value of 12-07 40th Avenue, Long Island City, NY 11101?

12-07 40th Avenue, Long Island City, NY 11101 is currently assessed at $71,700.

What are the property taxes for 12-07 40th Avenue, Long Island City, NY 11101?

The property taxes for 12-07 40th Avenue, Long Island City, NY 11101 total $7,678.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.