New York City  »  11354  »  40th Rd  »  13124 40th Rd

131-24 40th Road, Flushing, NY 11354 - Property report

Also known as: 131-24 40th Rd

Property image for 131-24 40th Road, Flushing, NY 11354
static Mapbox map

Property type

Zoned Commercial or Manhattan Residential (V1)

Lot sq. ft.

1,200

Sale price

$480,000

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
131-24 40th Road
ZIP code
11354
Neighborhood
Downtown Flushing
Borough
Queens
Block & lot
05060-0060

Owner

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Building
Property type
Zoned Commercial or Manhattan Residential (V1)
Buildings on lot
1
Building material
Sales
Sale date
02/04/2014
Sale price
$480,000
Tax
Tax year
2026-2027
Property tax
$16,451
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
20 ft x 60 ft
Lot sq. ft.
1,200

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
58 /100.  Bikeable
School district
25
Community district
7
Closest police station
0.61 Miles
Closest fire station
0.54 Miles

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

Ownership information for 131-24 40th Road, Flushing, NY

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

Sales history for 131-24 40th Road, Flushing, NY 11354

Sale date Sale price Buyer name Seller name
02/04/2014 $480,000 XXXXXX XXXXXXX XXX XXXX, XXXXXX XXX XXXXXXXXXX, XXXXXXXX
01/02/2004 $185,000 XXXXX XXXXXX XXX. XXXXXX XXXXXXX, 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
11/17/2022 - R
11/07/2022 - D
Deed
(2022111601073001)
XXXXXX XXXXXXX XXX X X XXX XXXXXXXXXX XXX
03/01/2022 - R
02/17/2022 - D
Zoning Lot Description
(2022021800218002)
X X XXX XXXXXXXXXX XXX
03/01/2022 - R
02/17/2022 - D
Certificate
(2022021800218001)
XXXXXXX XXXXX XXXXXXXX XX XX XXX
02/12/2014 - R
02/04/2014 - D
Deed
(2014021000859001)
XXXX XXXXXX XXXXXX XXXXXXX XXX
08/13/2013 - R
02/08/2013 - D
Court Order
(2013041101567001)
XXXX XXXXXX XXXX XXXXXX
07/14/2004 - R
01/02/2004 - D
Deed
(2004012702293004)
XXXXXX XXXXXXX XXX XXXXX XXXXXX XXX
07/14/2004 - R
11/06/2003 - D
Deed
(2004012702293003)
XXXXXX XXXXXXX XXXXXX XXXXXXX XXX
07/14/2004 - R
10/22/2003 - D
Deed
(2004012702293002)
XXXXXXXXXX XXXXXXXX XXXXXX XXXXXXX
07/14/2004 - R
10/22/2003 - D
Deed
(2004012702293001)
XXXX XXXXXX XXXXXX XXXXXXX
09/19/2003 - D
09/19/2003 - R
Deed
(2003091901580001)
XXXXXX XXXXXXX XXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 131-24 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
$16,451
Municipal exemptions
Recent tax assessments
Market value
$337,000
Assessed value
$151,650

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 $355,000 $159,750 $149,760 10.848% $16,246 $16,246 +8.49%
2024/25 $374,000 $168,300 $139,140 10.762% $14,974 $14,974 +18.32%
2023/24 $348,000 $156,600 $119,480 10.592% $12,655 $12,655 +10.20%
2022/23 $314,000 $141,300 $107,870 10.646% $11,484 $11,484 +9.59%
2021/22 $273,000 $122,850 $97,430 10.755% $10,479 $10,479 +9.03%
2020/21 $237,000 $106,650 $89,870 10.694% $9,611 $9,611 +2.16%
2019/20 $206,000 $92,700 $89,280 10.537% $9,407 $9,407 +4.32%
2018/19 $219,000 $98,550 $85,770 10.514% $9,018 $9,018 +5.77%
2017/18 $198,000 $89,100 $81,090 10.514% $8,526 $8,526 +25.27%
2016/17 $189,000 $85,050 $64,364 10.574% $6,806 $6,806 +31.82%

Permit information for 131-24 40th Road, Flushing, NY

Filing date Job type Job status Job description Initial cost
12/15/2022 New building
11/14/2022 Alteration
03/23/2022 New building
03/18/2022 New building
02/18/2022 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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
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)
0.365

Access the detailed traffic volume map for 131-24 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

Frequently asked questions

What is the market value of 131-24 40th Road, Flushing, NY 11354?

The current market value of 131-24 40th Road, Flushing, NY 11354 is $337,000.

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