New York City » 11358 » 159th St » 4019 159th St

40-19 159th Street, Flushing, NY 11358 - Property report

Also known as: 40-19 159th St

Property image for 40-19 159th Street, Flushing, NY 11358

Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

2009

Lot sq. ft.

2,000

Sale price

$3,400,000

General information

Address

Primary address

40-19 159th Street

ZIP code

11358

Neighborhood

Murray Hill

Borough

Queens

Block & lot

05278-0010

Building

Property type

Office with Commercial - 1 to 6 Stories (O5)

Building sq. ft.

3,840

Building dimensions

20 ft x 64.31 ft

Buildings on lot

Stories

Year built

2009

Building material

Sales

Sale date

03/15/2017

Sale price

$3,400,000

Tax

Tax year

2026-2027

Property tax

$40,125

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

20 ft x 100 ft

Lot sq. ft.

2,000

Area overview

Walk score

98 /100. Walker's Paradise

Transit score

71 /100. Excellent Transit

Bike score

65 /100. Bikeable

School district

Community district

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

Ownership

Ownership information for 40-19 159th 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 40-19 159th Street, Flushing, NY 11358

Sale date	Sale price	Buyer name	Seller name
03/15/2017	$3,400,000	XXXX XXXXXX XXXXXX XXX	XXXX XX XXXXXX, XXX
02/16/2016	$2,500,000	XXXX XX XXXXXX XXX	XXX XXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
09/15/2023 - R	UCC3 Continuation (2023091500216001)	XXXX XXXXXX XXXXXX XXX	XXXXXX XXXX
01/11/2019 - R	Initial UCC1 (2019011001176001)	XXXX XXXXXX XXXXXX XXX	XXXXXX XXXX
10/30/2018 - R 10/16/2018 - D	Satisfaction of Mortgage (2018102900566001)	XXX XXXXX XXX	XXXXXXX
04/05/2017 - R 04/03/2017 - D	Termination of Assign of L&R (2017040401299001)	XXXX XX XXXXXX XXX	XXXXXXX XXXX XXXXXXX
04/05/2017 - R 04/03/2017 - D	Satisfaction of Mortgage (2017040401286001)	XXX XXXXX XXX	XXX XXXXXXXXX XXXX
04/05/2017 - R 03/15/2017 - D	Assignment of Leases and Rents (2017033000844003)	XXXX XXXXXX XXXXXX XXX	XXXXXX XXXX
04/05/2017 - R 03/15/2017 - D	Mortgage (2017033000844002)	XXXX XXXXXX XXXXXX XXX	XXXXXX XXXX
04/05/2017 - R 03/15/2017 - D	Deed (2017033000844001)	XXXX XX XXXXXX XXX	XXXX XXXXXX XXXXXX XXX
04/13/2016 - R	UCC3 Termination (2016030701158005)	XXX XXXXX XXX	XXX XXXXXXXXX XXXX
04/13/2016 - R	UCC3 Termination (2016030701158004)	XXX XXXXX XXX	XXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 40-19 159th 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

$40,125

Municipal exemptions

Recent tax assessments

Market value

$1,000,000

Assessed value

$450,000

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	$997,000	$448,650	$448,650	10.848%	$48,670	$48,670	-2.43%
2024/25	$1,030,000	$463,500	$463,500	10.762%	$49,882	$49,882	-9.55%
2023/24	$1,157,000	$520,650	$520,650	10.592%	$55,147	$55,147	-0.76%
2022/23	$1,160,000	$522,000	$522,000	10.646%	$55,572	$55,572	-5.28%
2021/22	$1,220,000	$549,000	$545,490	10.755%	$58,667	$58,667	+7.39%
2020/21	$1,226,000	$551,700	$510,840	10.694%	$54,629	$54,629	+9.23%
2019/20	$1,240,000	$558,000	$474,659	10.537%	$50,015	$50,015	+9.03%
2018/19	$1,190,000	$535,500	$436,319	10.514%	$45,875	$45,875	+10.31%
2017/18	$1,185,000	$533,250	$395,549	10.514%	$41,588	$41,588	+12.28%
2016/17	$835,000	$375,750	$350,279	10.574%	$37,039	$37,039	+1.42%

Permits

Permit information for 40-19 159th Street, Flushing, NY

Filing date	Job type	Job status	Job description	Initial cost
09/25/2014	Alteration type 1
05/12/2014	Alteration type 1
04/07/2014	Alteration type 1
03/24/2014	Alteration type 1
02/28/2014	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	04/18/2019	E-elevator elevatorrequired
	04/25/2018	E-elevator elevatorrequired
	03/21/2017	E-elevator

*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)

1.177

View subway map

Access the detailed traffic volume map for 40-19 159th Street, Flushing, NY 11358 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 40-19 159th Street, Flushing, NY

32-22 42nd St, Astoria 146-22 183rd St, Springfield Gardens 12-43 118th St, College Point 10-59 Grassmere Ter, Far Rockaway 12-45 118th St, College Point 25-23 Astoria Blvd, Astoria 183-16 144th Ave, Springfield Gardens 150-50 6th Ave, Whitestone 12-41 118th St, College Point

Nearby ZIP codes for 40-19 159th Street, Flushing, NY

11354, New York City, NY 11355, New York City, NY 11356, New York City, NY 11357, New York City, NY 11359, New York City, NY 11360, New York City, NY 11361, New York City, NY 11362, New York City, NY 11363, New York City, NY 11364, New York City, NY 11365, New York City, NY 11366, New York City, NY 11367, New York City, NY 11368, New York City, NY 11423, New York City, NY 11424, New York City, NY 11427, New York City, NY 11432, New York City, NY

Frequently asked questions

What is the year built for 40-19 159th Street, Flushing, NY 11358?

The development at 40-19 159th Street, Flushing, NY 11358 was built in 2009.

What is the market value of 40-19 159th Street, Flushing, NY 11358?

The current market value of 40-19 159th Street, Flushing, NY 11358 is $1,000,000.

What is the total square footage of 40-19 159th Street, Flushing, NY 11358?

40-19 159th Street, Flushing, NY 11358 has a total of 3,840 square feet.

What is the price per square foot for this property?

$885 per square foot is the price for 40-19 159th Street, Flushing, NY 11358.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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.