Queens » 11354 » 40th Rd » 13532 40th Rd

135-32 40th Road, Flushing, NY 11354 - Property report

Also known as: 135-32 40th Rd

Property image for 135-32 40th Road, Flushing, NY 11354

Property type

Predominant Retail with Other Uses (K4)

Year built

1992

Lot sq. ft.

1,944

General information

Address

Primary address

135-32 40th Road

ZIP code

11354

Neighborhood

Downtown Flushing

Borough

Queens

Block & lot

05037-0151

Building

Property type

Predominant Retail with Other Uses (K4)

Building sq. ft.

7,267

Building dimensions

33.35 ft x 56.13 ft

Buildings on lot

Stories

Year built

1992

Last altered

1994

Building material

Tax

Tax year

2026-2027

Property tax

$70,618

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

33.35 ft x 56.13 ft

Lot sq. ft.

1,944

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

66 /100. Bikeable

School district

Community district

Closest police station

0.29 Miles

Closest fire station

0.21 Miles

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

Ownership

Ownership information for 135-32 40th Road, Flushing, 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 135-32 40th Road, Flushing, NY 11354

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
03/13/2017 - R	UCC3 Termination (2017030800900004)	XXXX XXXXX XXXXXXXXXXX	XXXXXXXXXXXX XXXXXXXXX XXXX
03/13/2017 - R	UCC3 Termination (2017030800900003)	XXXX XXXXX XXXXXXXXXXX	XXXXXXXXXXXX XXXXXXXXX XXXX
03/13/2017 - R 12/20/2016 - D	Termination of Assign of L&R (2017030800900002)	XXXXXXXXXXXX XXXXXXXXX XXXX	XXXX XXXXX XXXXXXXXXXX
03/13/2017 - R 12/20/2016 - D	Assignment, Mortgage (2017030800900001)	XXXXXXXXXXXX XXXXXXXXX XXXX	XXXXXX XXXXX X X X XXX
09/15/2010 - R 09/08/2010 - D	Initial UCC1 (2010090801078001)	XXXX XXXXX XXXXXXXXXXX	XXXXXXXXX XXXX XXXXXXXXX XX XXXXXX
01/13/2005 - R	UCC3 Termination (2005010400851001)	XXXX XXXXX XXXXXXXXXXX	XXXXXXXXXX XXXXXXXXXX XXXX XXX XXX XXXX XXXXXX
01/14/2005 - R 12/23/2004 - D	Assignment of Leases and Rents (2005010500520004)	XXXXXXXXXXXX XXXXXXXXX XXXX	XXXX XXXXX XXXXXXXXXXX
01/14/2005 - R 12/23/2004 - D	Agreement (2005010500520003)	XXXX XXXXX XXXXXXXXXXX	XXXXXXXXXXXX XXXXXXXXX XXXX
01/14/2005 - R 12/23/2004 - D	Mortgage (2005010500520002)	XXXX XXXXX XXXXXXXXXXX	XXXXXXXXXXXX XXXXXXXXX XXXX
02/18/2005 - R 12/23/2004 - D	Initial UCC1 (2004122301830001)	XXXX XXXXX XXXXXXXXXXX	XXXXXXXXXXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 135-32 40th Road, Flushing, 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

$70,618

Municipal exemptions

Recent tax assessments

Market value

$1,556,000

Assessed value

$700,200

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	$1,462,000	$657,900	$642,700	10.848%	$69,720	$69,720	-0.30%
2024/25	$1,444,000	$649,800	$649,800	10.762%	$69,931	$69,931	-1.40%
2023/24	$1,488,000	$669,600	$669,600	10.592%	$70,924	$70,924	-1.57%
2022/23	$1,504,000	$676,800	$676,800	10.646%	$72,052	$72,052	+1.69%
2021/22	$1,464,000	$658,800	$658,800	10.755%	$70,854	$70,854	-13.43%
2020/21	$1,926,000	$866,700	$765,360	10.694%	$81,848	$81,848	+6.91%
2019/20	$1,715,000	$771,750	$726,569	10.537%	$76,559	$76,559	+6.37%
2018/19	$1,796,000	$808,200	$684,539	10.514%	$71,972	$71,972	+10.36%
2017/18	$1,563,000	$703,350	$620,279	10.514%	$65,216	$65,216	+5.84%
2016/17	$1,504,000	$676,800	$582,749	10.574%	$61,620	$61,620	+5.06%

Permits

Permit information for 135-32 40th Road, Flushing, NY

Filing date	Job type	Job status	Job description	Initial cost
04/14/2026	Alteration
04/08/2026	Alteration
01/22/2026	Alteration
01/20/2026	Alteration
10/14/2025	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	07/25/2018	Aeuhaz1-fail to certify class 1
	12/01/2016	Evcat1-elevator annual inspection / test
	10/17/2011	E-elevator

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Main St & Roosevelt Ave at SW Corner

Station lines

Distance (miles)

0.056

View subway map

Access the detailed traffic volume map for 135-32 40th Road, Flushing, NY 11354 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 135-32 40th Road, Flushing, NY

132-51 41st Rd, Flushing 132-23 41st Ave, Flushing 132-55 41st Rd, Flushing 132-45 41st Ave, Flushing 135-24 40th Rd, Flushing 132-05 41st Rd, Flushing 132-21 41st Ave, Flushing 132-37 41st Ave, Flushing 132-56 41st Ave, Flushing 132-65 41st Rd, Flushing 132-35 41st Ave, Flushing 132-32 41st Ave, Flushing 132-27 41st Ave, Flushing 132-50 41st Ave, Flushing 132-25 41st Ave, Flushing 132-31 41st Ave, Flushing 132-41 41st Ave, Flushing 132-43 41st Ave, Flushing

Nearby ZIP codes for 135-32 40th Road, Flushing, NY

11355, New York City, NY 11356, New York City, NY 11357, New York City, NY 11358, New York City, NY 11359, New York City, NY 11360, New York City, NY 11361, New York City, NY 11365, New York City, NY 11366, New York City, NY 11367, New York City, NY 11368, New York City, NY 11369, New York City, NY 11371, New York City, NY 11372, New York City, NY 11373, New York City, NY 11374, New York City, NY 11375, New York City, NY 11415, New York City, NY 11424, New York City, NY

Frequently asked questions

What is the year built for 135-32 40th Road, Flushing, NY 11354?

The development at 135-32 40th Road, Flushing, NY 11354 was built in 1992.

What is the market value of 135-32 40th Road, Flushing, NY 11354?

The current market value of 135-32 40th Road, Flushing, NY 11354 is $1,556,000.

What is the total square footage of 135-32 40th Road, Flushing, NY 11354?

135-32 40th Road, Flushing, NY 11354 has a total of 7,267 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

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.