Queens » 11355 » Union St » 4231 Union St

42-31 Union Street, Flushing, NY 11355 - Property report

Also known as: 42-23 Union St

Property image for 42-31 Union Street, Flushing, NY 11355

Property type

Miscellaneous Hotel (H9)

Year built

2013

Lot sq. ft.

32,532

Sale price

$14,250,000

General information

Address

Primary address

42-31 Union Street

Alternate address(es)

42-23 Union St

ZIP code

11355

Neighborhood

Downtown Flushing

Borough

Queens

Block & lot

05181-0015

Building

Property type

Miscellaneous Hotel (H9)

Building sq. ft.

273,898

Building dimensions

80 ft x 139 ft

Buildings on lot

Stories

Year built

2013

Building material

Sales

Sale date

12/07/2007

Sale price

$14,250,000 - M

Tax

Tax year

2026-2027

Property tax

$1,254,633

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

126.04 ft x 306.7 ft

Lot sq. ft.

32,532

Area overview

Walk score

98 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

72 /100. Very Bikeable

School district

Community district

Closest police station

0.36 Miles

Closest fire station

0.21 Miles

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

Ownership

Ownership information for 42-31 Union Street, 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 42-31 Union Street, Flushing, NY 11355

Sale date	Sale price	Buyer name	Seller name
12/07/2007	$14,250,000	X & X XXXXXXXXXXX XXXXX, XXX	XX XXXXXXXXXX, XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/03/2026 - R	UCC3 Continuation (2026040200821001)	XX XXXXXXXXXXX XXXXX XXX	XX XXXXXXXXXXXXXX XXXXX
11/15/2024 - R 06/11/2024 - D	Mortgage (2024090300633001)	XX XXXXXXXXXXX XXXXX	X X XXXXXXXXXX XXX XXXXXXXX XXXXXXXXXX
07/09/2025 - R 09/23/2022 - D	Court Order (2025070100826001)	XXXX XXXXXXXXXXX XX XXXXXXX XXXXXXXX	XXXXXXXXXXXX XXX XXXXXX XXXXXXXX XXXXX XXX
10/29/2021 - R 10/26/2021 - D	Certificate (2021102601701001)	XXXXXXXX XXXXX XXXXXX
10/29/2021 - R 10/25/2021 - D	Zoning Lot Description (2021102601701002)	XX XXXXXXXXXXX XXXXX XXX
09/17/2021 - R	Initial UCC1 (2021091401150003)	XX XXXXXXXXXXX XXXXX XXX	XXXXXXX XXXXX XXXXXXX X XXX
10/06/2021 - R 09/10/2021 - D	Discharge of Tax Lien (2021093000522001)	XXX XXXX XX XXX XXXX XXXXXX
09/17/2021 - R 08/30/2021 - D	Assignment of Leases and Rents (2021091401150002)	XX XXXXXXXXXXX XXXXX XXX	XXXXXXX XXXXX XXXXXXX X XXX
09/17/2021 - R 08/30/2021 - D	Mortgage (2021091401150001)	XX XXXXXXXXXXX XXXXX XXX	XXXXXXX XXXXX XXXXXXX X XXX
04/01/2022 - R 01/23/2018 - D	Court Order (2022032900407001)	X X XXXXXXXXXXX XXXXX XXX	XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 42-31 Union Street, 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

$1,254,633

Municipal exemptions

Recent tax assessments

Market value

$26,335,000

Assessed value

$11,850,750

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	$26,335,000	$11,850,750	$11,450,541	10.848%	$1,242,155	$1,242,155	+0.32%
2024/25	$26,335,000	$11,850,750	$11,505,662	10.762%	$1,238,239	$1,238,239	+2.63%
2023/24	$26,335,000	$11,850,750	$11,390,633	10.592%	$1,206,496	$1,206,496	+0.51%
2022/23	$25,056,898	$11,275,604	$11,275,604	10.646%	$1,200,401	$1,200,401	+7.08%
2021/22	$23,163,341	$10,423,503	$10,423,503	10.755%	$1,121,048	$1,121,048	-14.53%
2020/21	$27,256,510	$12,265,430	$12,265,430	10.694%	$1,311,665	$1,311,665	+46.77%
2019/20	$18,847,099	$8,481,195	$8,481,195	10.537%	$893,664	$893,664	+9.23%
2018/19	$17,292,179	$7,781,481	$7,781,481	10.514%	$818,145	$818,145	+15.24%
2017/18	$15,074,254	$6,783,414	$6,752,154	10.514%	$709,921	$709,921	+6.32%
2016/17	$14,198,483	$6,389,317	$6,314,537	10.574%	$667,699	$667,699	+94.35%

Permits

Permit information for 42-31 Union Street, Flushing, NY

Filing date	Job type	Job status	Job description	Initial cost
10/07/2021	Alteration
10/07/2021	Alteration
05/14/2021	Alteration
04/20/2021	Alteration
04/20/2021	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
	04/13/2022	Aeuhaz1-fail to certify class 1
	02/16/2022	Aeuhaz1-fail to certify class 1
	02/02/2022	Aeuhaz1-fail to certify class 1

*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 SE Corner

Station lines

Distance (miles)

0.301

View subway map

Access the detailed traffic volume map for 42-31 Union Street, Flushing, NY 11355 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 42-31 Union Street, Flushing, NY

42-15 Union St, Flushing 142-21 Franklin Ave, Flushing 142-20 Sanford Ave, Flushing 140-10 Franklin Ave, Flushing 42-08 Union St, Flushing 140-46 Sanford Ave, Flushing 142-30 Sanford Ave, Flushing 42-14 Union St, Flushing 42-10 Union St, Flushing 42-42 Union St, Flushing 140-44 Sanford Ave, Flushing 142-41 Franklin Ave, Flushing 42-22 Union St, Flushing 42-30 Union St, Flushing 42-37 Union St, Flushing 142-27 Franklin Ave, Flushing 42-04 Union St, Flushing

Nearby ZIP codes for 42-31 Union Street, Flushing, NY

11354, New York City, NY 11356, New York City, NY 11357, New York City, NY 11358, 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 11374, New York City, NY 11375, New York City, NY 11415, New York City, NY 11418, New York City, NY 11424, New York City, NY 11432, New York City, NY 11435, New York City, NY

Frequently asked questions

What is the year built for 42-31 Union Street, Flushing, NY 11355?

The development at 42-31 Union Street, Flushing, NY 11355 was built in 2013.

What is the market value of 42-31 Union Street, Flushing, NY 11355?

The current market value of 42-31 Union Street, Flushing, NY 11355 is $26,335,000.

What is the total square footage of 42-31 Union Street, Flushing, NY 11355?

42-31 Union Street, Flushing, NY 11355 has a total of 273,898 square feet.

What is the price per square foot for this property?

$52 per square foot is the price for 42-31 Union Street, Flushing, NY 11355.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 180.

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.