Queens  »  11354  »  College Point Blvd  »  4042 College Point Blvd

40-42 College Point Boulevard, Flushing, NY 11354 - Property report

Also known as: 131-72 40th Rd

Property image for 40-42 College Point Boulevard, Flushing, NY 11354
static Mapbox map

Property type

Professional Buildings/Stand Alone Funeral Homes (O7)

Year built

2019

Lot sq. ft.

12,300

Sale price

$15,000,000 - M

General information

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Address
Primary address
40-42 College Point Boulevard
Alternate address(es)
131-72 40th Rd
ZIP code
11354
Neighborhood
Downtown Flushing
Borough
Queens
Block & lot
05060-0037

Owner

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Building
Property type
Professional Buildings/Stand Alone Funeral Homes (O7)
Building sq. ft.
90,902
Building dimensions
26 ft x 70 ft
Buildings on lot
1
Stories
6
Year built
2019
Building material
Sales
Sale date
05/13/2016
Sale price
$15,000,000 - M
Tax
Tax year
2026-2027
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
26.25 ft x 70 ft
Lot sq. ft.
12,300

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
57 /100.  Bikeable
School district
25
Community district
7
Closest police station
0.51 Miles
Closest fire station
0.44 Miles

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

Ownership information for 40-42 College Point Boulevard, Flushing, NY

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

Sales history for 40-42 College Point Boulevard, Flushing, NY 11354

Sale date Sale price Buyer name Seller name
05/13/2016 $15,000,000 XXXXXXX X XXXX XXXXXXXXX XXXXXX XXXXXX, XXX. XXXXXXX XXXXXXXX XXX
11/21/2003 $470,000 XXXXXXX XXXX XXXXXX XXXX. XXXXXX, XXXXXXX, XXXX XXXXXXXXX
02/07/2003 $120,000 XXXXX, XXXX XXX XXXXXX XX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/16/2023 - R
08/01/2023 - D
Agreement
(2023081400527002)
XXX XXXX XX XXX XXXX XXXXXXXXXX XXXXXX XXX
08/16/2023 - R
08/01/2023 - D
Mortgage
(2023081400527001)
XXXXXXX X XXXX XXXXXXXXX XXXXXX XXXXXX XXXX XX XXX XXXX
06/04/2019 - R Initial UCC1
(2019060400320004)
XXXXXXXXXX XXXXXX XXX XXXXX XXX XXXXXXXX XXXXXXXXXXX
06/04/2019 - R
05/30/2019 - D
Assignment, Mortgage
(2019060400320003)
XXXXX XXX XXXXXXXX XXXXXXXXXXX XXX XXXX XX XXX XXXX XXXXXX
06/04/2019 - R
05/30/2019 - D
Deed
(2019060400320001)
XXXXXXX X XXXX XXXXXXXXX XXXXXX XXXXXX XXX XXXXXXXXXX XXXXXX XXX
05/28/2019 - R
05/22/2019 - D
Zoning Lot Description
(2019052201245002)
XXXXXXX X XXXX XXXXXXXXX XXXXXX XXXXXX XXX
05/28/2019 - R
05/22/2019 - D
Certificate
(2019052201245001)
XXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXXXX XXXXXXX X XXXX XXXXXXXXX XXXXXX XXXXXX XXX
05/10/2019 - D
05/10/2019 - R
Certificate
(2019051000419001)
XXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXXXX XXXXXXX X XXXX XXXXXXXXX XXXXXX XXXXXX XXX
05/10/2019 - R
05/09/2019 - D
Zoning Lot Description
(2019051000419002)
XXXXXXX X XXXX XXXXXXXXX XXXXXX XXXXXX XXX
06/04/2019 - R
05/01/2019 - D
Mortgage
(2019060400320002)
XXXXXXXXXX XXXXXX XXX XXXXX XXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 40-42 College Point Boulevard, 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
Municipal exemptions
Recent tax assessments
Market value
$17,737,000
Assessed value
$7,981,650

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 $17,705,000 $7,967,250 $0 10.848% $797,497 $0 n/a
2024/25 $17,291,000 $7,780,950 $0 10.762% $773,256 $0 n/a
2023/24 $15,785,000 $7,103,250 $0 10.592% $747,352 $0 n/a
2022/23 $15,048,000 $6,771,600 $0 10.646% $720,905 $0 n/a
2021/22 $5,271,017 $2,371,958 $2,249,198 10.755% $241,901 $241,901 n/a
2020/21 $530,000 $238,500 $0 10.694% $15,111 $0 n/a
2019/20 $530,000 $238,500 $0 10.537% $11,475 $0 n/a
2018/19 $561,000 $252,450 $0 10.514% $25,294 $0 n/a
2017/18 $551,000 $247,950 $0 10.514% $25,010 $0 n/a
2016/17 $540,000 $243,000 $234,000 10.574% $24,743 $24,743 +3.20%

Permit information for 40-42 College Point Boulevard, Flushing, NY

Filing date Job type Job status Job description Initial cost
06/05/2026 Alteration
06/05/2026 Alteration
06/05/2026 Alteration
05/19/2025 Alteration
06/25/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/03/2024 Bench-failure to benchmark none
04/29/2020 C-construction
01/17/2020 C-construction

*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
0.2,AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
Main St & Roosevelt Ave at SW Corner
Station lines
7
Distance (miles)
0.285

Access the detailed traffic volume map for 40-42 College Point Boulevard, 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

Frequently asked questions

What is the year built for 40-42 College Point Boulevard, Flushing, NY 11354?

The development at 40-42 College Point Boulevard, Flushing, NY 11354 was built in 2019.

What is the market value of 40-42 College Point Boulevard, Flushing, NY 11354?

The current market value of 40-42 College Point Boulevard, Flushing, NY 11354 is $17,737,000.

What is the total square footage of 40-42 College Point Boulevard, Flushing, NY 11354?

40-42 College Point Boulevard, Flushing, NY 11354 has a total of 90,902 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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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