New York City  »  11358  »  162nd St  »  4024 162nd St

40-24 162nd Street, Flushing, NY 11358 Property Information

40-24 162nd Street, Flushing, NY 11358 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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40-24 162nd Street, Flushing, NY 11358 1
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Address

Primary address 40-24 162nd Street
Neighborhood Murray Hill
Zip code 11358
Borough Queens
Block & lot 05335-0077

Sales & Tax Overview for 40-24 162nd Street, Flushing

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

Purchase date 06/30/2022
Purchase price $990,000
Tax class
Estimated property tax $20,297

Lot & Building Information for 40-24 162nd Street, Flushing

Lot sqft 864
Lot dimensions 16 ft x 54 ft
Building class Predominant Retail with Other Uses (K4) i
Building sqft 1,600
Building dimensions 16 ft x 50 ft
Buildings on lot 1
Stories 2
Year built 1930
Construction type
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Zoning & Use for 40-24 162nd 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 1.17 Miles
Closest fire station 0.45 Miles

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

Other Property Data for 40-24 162nd 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 40-24 162nd Street, Flushing, NY 11358, 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 40-24 162nd Street, Flushing, NY 11358, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 40-24 162nd Street, Flushing

How many sq. ft. does 40-24 162nd Street, Flushing, NY 11358 have & what is the price per sq. ft?

This Predominant Retail with Other Uses (K4) located at 40-24 162nd Street, Flushing, NY 11358 has a total of 1,600 square feet and a current price per square foot of $618.

What is the year built & the current market value of 40-24 162nd Street, Flushing, NY 11358?

40-24 162nd Street, Flushing, NY 11358 was built in 1930 and has a current tax assessor's market value of $408,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information for 40-24 162nd Street, Flushing

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Property owner name for 40-24 162nd Street, Flushing, NY 11358
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Building contacts for 40-24 162nd Street, Flushing, NY 11358
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 40-24 162nd Street, Flushing

Create a free account to view the complete sales history for 40-24 162nd Street, Flushing, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/30/2022 $990,000

Title Documents for 40-24 162nd 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
07/06/2022 - R Initial UCC1
(2022070601042001)
06/30/2022 - D
07/11/2022 - R
Assignment of Leases and Rents
(2022070600949003)
06/30/2022 - D
07/11/2022 - R
Mortgage
(2022070600949002)
06/30/2022 - D
07/11/2022 - R
Deed
(2022070600949001)
06/18/1993 - R Satisfaction of Mortgage
(4090002961809)
11/05/1982 - R Satisfaction of Mortgage
(4660001912466)
04/18/1981 - R Mortgage
(38140133200901)
04/18/1981 - R Deed
(38140133200895)
04/12/1981 - R Sundry Agreement
(38140133200897)
12/24/1979 - R Release of Estate Tax Lien
(37940122501159)
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R: Recorded date
D: Document date

Property Taxes for 40-24 162nd Street, Flushing

Access detailed property tax data for 40-24 162nd Street, Flushing, NY 11358. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $19,077
Estimated property tax: $20,297
Tax assessor's market value: $408,000
Assessed value: $183,600

Assessment History for 40-24 162nd Street, Flushing

Here's the assessment & property tax history for 40-24 162nd 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 $408,000 $183,600 $175,860 10.848% $19,077 $19,077 +3.83%
2024/25 $466,000 $209,700 $170,730 10.762% $18,374 $18,374 +9.20%
2023/24 $389,000 $175,050 $158,850 10.592% $16,825 $16,825 +3.66%
2022/23 $368,000 $165,600 $152,460 10.646% $16,231 $16,231 +3.83%
2021/22 $323,000 $145,350 $145,350 10.755% $15,632 $15,632 +4.65%

Permits for 40-24 162nd Street, Flushing

The complete history of permits filed for 40-24 162nd 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
02/07/2021 Alteration
12/10/2015 Alteration type 2
11/05/2015 Alteration type 2
08/20/2015 Alteration type 2
01/05/2004 Alteration type 3
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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 Q3/2025
$431
-0.5% YoY
Median Price/Sqft Q2/2025
$449
9.9% YoY
Median Price/Sqft 2024
$413
0.5% 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) 1.29
View subway map
Bus Routes
Name Crocheron Av/162 St
Line Q28
Distance (miles) 0.034

Neighbors for 40-24 162nd Street, Flushing

Here are the neighbors for 40-24 162nd Street, Flushing, NY 11358.

Address Square feet Purchase date Purchase price
162-07 Sanford Ave, Flushing 3,717 07/29/2025
41-30 163rd St, Flushing 4,423 08/02/2024 $750,000
41-24 163rd St, Flushing 4,896 07/30/2021 $1,999,000
40-34 162nd St, Flushing 3,362 05/08/2008
161-09 Station Rd, Flushing 3,139 07/30/2008 $916,425
162-01 Sanford Ave, Flushing 4,075 10/03/2019 $3,600,000
160-17 Station Rd, Flushing 2,030 10/09/1997
160-21 Station Rd, Flushing 2,030 05/02/2014
162-19 Sanford Ave, Flushing 2,191 01/09/2026
41-22 163rd St, Flushing 1,870 10/15/2020 $1,500,000
40-32 162nd St, Flushing 4,112 12/14/1970
162-09 Sanford Ave, Flushing 3,717 07/29/2025
40-36 162nd St, Flushing 3,516 05/08/2008
40-30 162nd St, Flushing 4,112 08/04/2022
162-11 Sanford Ave, Flushing 5,859 12/21/2006 $160,000
41-26 163rd St, Flushing 2,475 03/26/2008 $840,000
160-11 Station Rd, Flushing 1,940 11/26/2013 $878,000
160-15 Station Rd, Flushing 2,030 03/27/1997
160-19 Station Rd, Flushing 2,030 05/27/2005 $770,000
160-23 Station Rd, Flushing 1,728 08/19/2013
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