New York City » 11354 » 40th Rd » 13112 40th Rd

131-12 40th Road, Flushing, NY 11354 - Property report

Also known as: 131-12 40th Rd

Property image for 131-12 40th Road, Flushing, NY 11354

Property type

Predominant Retail with Other Uses (K4)

Year built

2014

Lot sq. ft.

733

Sale price

$465,000

General information

Address

Primary address

131-12 40th Road

ZIP code

11354

Neighborhood

Downtown Flushing

Borough

Queens

Block & lot

05060-0067

Building

Property type

Predominant Retail with Other Uses (K4)

Building sq. ft.

2,002

Building dimensions

19.18 ft x 34.8 ft

Buildings on lot

Stories

Year built

2014

Building material

Sales

Sale date

10/01/2010

Sale price

$465,000

Tax

Tax year

2026-2027

Property tax

$3,672

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

19 ft x 34 ft

Lot sq. ft.

733

Area overview

Walk score

93 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

58 /100. Bikeable

School district

Community district

Closest police station

0.64 Miles

Closest fire station

0.56 Miles

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

Ownership

Ownership information for 131-12 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 131-12 40th Road, Flushing, NY 11354

Sale date	Sale price	Buyer name	Seller name
10/01/2010	$465,000	XXX XXXXXX XXX	XXX-XX XXXXXX, XXX
04/15/2010	$410,000	XXX-XX XXXXXX, XX X	XXXX, XXXX XXX XXX XXXXXXX, XXXXXXX XXX XXXX, XXXXXXX XXX XXXX, XXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
03/06/2012 - R 02/16/2012 - D	Sundry Miscellaneous (2012022100512001)	XX XXXX XXXXX
03/30/2011 - R 12/27/2010 - D	UCC3 Termination (2011013100192002)	XXXXX XXXXXX XX X	XXXXXX XXXX
03/30/2011 - R 10/27/2010 - D	Satisfaction of Mortgage (2011013100192001)	XXXXX XXXXXX XX X	XXXX XXXXX
10/06/2010 - R 10/01/2010 - D	Deed (2010100400964001)	XXXXX XXXXXX XXX	XXX XXXXXX XXX
04/21/2010 - R 04/20/2010 - D	Initial UCC1 (2010042001234001)	XXXXX XXXXXX XXX	XXXXXX XXXX
06/04/2010 - R 04/15/2010 - D	Assignment of Leases and Rents (2010041900432003)	XXXXX XXXXXX XX X	XXXXXX XXXX
06/04/2010 - R 04/15/2010 - D	Mortgage (2010041900432002)	XXXXX XXXXXX XX X	XXXXXX XXXX
06/04/2010 - R 04/15/2010 - D	Deed (2010041900432001)	XXXX XXXX XXX	XXXXX XXXXXX XX X
03/09/1990 - R	Deed (4560002644956)	XXXX XXXXXXX	XXXXXXX XXXXXXX
11/04/1985 - R	Deed (4290002142529)	XXXX XXXXXXX	XXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 131-12 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

$3,672

Municipal exemptions

Recent tax assessments

Market value

$405,000

Assessed value

$182,250

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	$391,000	$175,950	$154,530	10.848%	$16,763	$3,783	-2.25%
2024/25	$351,000	$157,950	$155,970	10.762%	$16,785	$3,870	+9.47%
2023/24	$346,000	$155,700	$155,700	10.592%	$16,492	$3,535	-17.49%
2022/23	$322,000	$144,900	$144,900	10.646%	$15,426	$4,284	+15.28%
2021/22	$307,000	$138,150	$138,150	10.755%	$14,858	$3,716	-77.00%
2020/21	$407,000	$183,150	$151,110	10.694%	$16,160	$16,160	+12.25%
2019/20	$396,000	$178,200	$136,620	10.537%	$14,396	$14,396	+2.65%
2018/19	$325,000	$146,250	$133,380	10.514%	$14,024	$14,024	+5.48%
2017/18	$281,000	$126,450	$126,450	10.514%	$13,295	$13,295	+3.48%
2016/17	$270,000	$121,500	$121,500	10.574%	$12,847	$12,847	+8.91%

Permits

Permit information for 131-12 40th Road, Flushing, NY

Filing date	Job type	Job status	Job description	Initial cost
11/18/2013	Alteration type 2
12/17/2012	Alteration type 3
05/11/2012	Full demolition
09/29/2011	New building
05/09/2011	New building

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	02/24/2017	Lblvio-low pressure boiler
	02/24/2017	Lblvio-low pressure boiler

*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)

0.388

View subway map

Access the detailed traffic volume map for 131-12 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 131-12 40th Road, Flushing, NY

131-08 40th Rd, Flushing 131-18 40th Rd, Flushing 131-19 Sanford Ave, Flushing 131-52 40th Rd, Flushing 131-01 Sanford Ave, Flushing 41-05 Fuller Pl, Flushing 131-34 40th Rd, Flushing 131-22 40th Rd, Flushing 131-28 40th Rd, Flushing 131-32 40th Rd, Flushing 131-36 40th Rd, Flushing 131-20 41st Ave, Flushing 131-26 40th Rd, Flushing 131-30 40th Rd, Flushing 131-04 40th Rd, Flushing 131-14 40th Rd, Flushing 131-10 40th Rd, Flushing 131-15 Sanford Ave, Flushing 131-24 40th Rd, Flushing

Nearby ZIP codes for 131-12 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 131-12 40th Road, Flushing, NY 11354?

The development at 131-12 40th Road, Flushing, NY 11354 was built in 2014.

What is the market value of 131-12 40th Road, Flushing, NY 11354?

The current market value of 131-12 40th Road, Flushing, NY 11354 is $405,000.

What is the total square footage of 131-12 40th Road, Flushing, NY 11354?

131-12 40th Road, Flushing, NY 11354 has a total of 2,002 square feet.

What is the price per square foot for this property?

$232 per square foot is the price for 131-12 40th Road, Flushing, NY 11354.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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.