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40-14 157th Street, Flushing, NY 11354 Property Information

40-14 157th Street, Flushing, NY 11354 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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40-14 157th Street, Flushing, NY 11354
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Address

Primary address 40-14 157th Street
Neighborhood Murray Hill
Zip code 11354
Borough Queens
Block & lot 05275-0036

Sales & Tax Overview for 40-14 157th Street, Flushing

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 11/08/2017
Purchase price $1,260,000
Tax class
Estimated property tax $43,228

Lot & Building Information for 40-14 157th Street, Flushing

Lot sq. ft. 4,350
Lot dimensions 75 ft x 58 ft
Property type Predominant Retail with Other Uses (K4)
Building sqft 4,309
Building dimensions 45 ft x 58 ft
Buildings on lot 1
Stories 2
Year built 2019
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Zoning & Use for 40-14 157th Street, Flushing

Zoning
Qualified opportunity zone
Commercial units 2
Office sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 25
Community district 7
Closest police station 0.94 Miles
Closest fire station 0.21 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 40-14 157th Street, Flushing

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 40-14 157th Street, Flushing, NY 11354, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 40-14 157th Street, Flushing, NY 11354, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 40-14 157th Street, Flushing

How many square feet does 40-14 157th Street, Flushing, NY 11354 have?

This Predominant Retail with Other Uses (K4) located at 40-14 157th Street, Flushing, NY 11354 has a total of 4,309 square feet.

What is the year built & the current market value of 40-14 157th Street, Flushing, NY 11354?

40-14 157th Street, Flushing, NY 11354 was built in 2019 and has a current tax assessor's market value of $1,488,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information for 40-14 157th Street, Flushing

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Property owner name for 40-14 157th Street, Flushing, NY 11354
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Building contacts for 40-14 157th Street, Flushing, NY 11354
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 40-14 157th Street, Flushing

Create a free account to view the complete sales history for 40-14 157th Street, Flushing, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
11/08/2017 $1,260,000

Title Documents for 40-14 157th Street, Flushing

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
02/03/2022 - D
02/11/2022 - R
Termination of Assign of L&R
(2022020800996001)
02/03/2022 - D
02/11/2022 - R
Assignment of Leases and Rents
(2022020800737003)
02/03/2022 - D
02/11/2022 - R
Agreement
(2022020800737002)
02/03/2022 - D
02/11/2022 - R
Mortgage
(2022020800737001)
02/26/2019 - D
03/13/2019 - R
Assignment of Leases and Rents
(2019031300568002)
02/26/2019 - D
03/13/2019 - R
Mortgage
(2019031300568001)
11/29/2017 - D
12/21/2017 - R
Deed
(2017122000462001)
11/21/2017 - D
11/29/2017 - R
Satisfaction of Mortgage
(2017112200524001)
11/16/2017 - D
11/21/2017 - R
Satisfaction of Mortgage
(2017111601342001)
11/08/2017 - D
11/21/2017 - R
Deed
(2017111700540001)
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R: Recorded date
D: Document date

Property Taxes for 40-14 157th Street, Flushing

Access detailed property tax data for 40-14 157th Street, Flushing, NY 11354. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $40,192
Estimated property tax: $43,228
Tax assessor's market value: $1,488,000
Assessed value: $669,600

Assessment History for 40-14 157th Street, Flushing

Here's the assessment & property tax history for 40-14 157th Street, Flushing, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $1,488,000 $669,600 $642,600 10.848% $69,709 $40,465 +8.73%
2024/25 $1,476,000 $664,200 $601,560 10.762% $64,740 $37,216 +25.60%
2023/24 $1,438,000 $647,100 $531,024 10.592% $56,246 $29,630 -40.00%
2022/23 $1,374,000 $618,300 $463,908 10.646% $49,388 $49,388 +14.08%
2021/22 $1,364,000 $613,800 $402,552 10.755% $43,294 $43,294 +648.38%

Permits for 40-14 157th Street, Flushing

The complete history of permits filed for 40-14 157th Street, Flushing, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
10/14/2022 Alteration
02/10/2022 Alteration
12/10/2021 Alteration
12/10/2021 Alteration
11/18/2021 Alteration
10/27/2021 Alteration
10/21/2021 Alteration
07/08/2020 Alteration
10/22/2018 Alteration
04/17/2018 Alteration
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Queens Commercial Market Stats

Access a detailed real estate market overview of Queens so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Queens and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$426
-1.6% YoY
Median Price/Sqft Q4/2025
$457
11.4% YoY
Median Price/Sqft 2025
$445
4.3% YoY

Check out recently sold homes in Queens and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Main St & Roosevelt Ave at SE Corner
Station lines 7
Distance (miles) 1.07
View subway map
Bus Routes
Name Northern BL/157 St
Line Q13
Distance (miles) 0.037

Neighbors for 40-14 157th Street, Flushing

Here are the neighbors for 40-14 157th Street, Flushing, NY 11354.

Address Square feet Purchase date Purchase price
40-38 157th St, Flushing 1,176 09/22/1994
35-50 159th St, Flushing 2,094 12/04/2010
40-23 155th St, Flushing 3,160 09/09/1987
35-36 159th St, Flushing 2,103 01/15/2019
158-18 35th Ave, Flushing 2,934 04/19/2004 $978,000
35-12 159th St, Flushing 2,220 01/18/2022
35-44 159th St, Flushing 2,513 05/06/2016 $990,000
35-32 159th St, Flushing 2,830 03/30/2001
40-19 155th St, Flushing 3,196 10/17/2023 $1,670,000
40-17 155th St, Flushing 3,196 09/11/2017 $1,100,000
35-26 159th St, Flushing 3,786 05/20/2021 $1,610,000
40-29 155th St, Flushing 3,160 05/22/2015 $10
40-25 155th St, Flushing 3,160 02/17/1995
35-20 159th St, Flushing 1,642 03/12/2026 $1,428,000
40-22 157th St, Flushing 1,721 06/20/1996
35-68 159th St, Flushing 1,248 02/20/2026
40-28 157th St, Flushing 1,912 09/15/2017 $910,000
40-27 155th St, Flushing 3,160 07/16/1992
40-21 155th St, Flushing 3,196 11/23/2007
156-10 Northern Blvd, Flushing 48,585 09/12/1969
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