Queens  »  11354  »  40th Rd  »  13107 40th Rd

131-07 40th Road #D, Flushing, NY 11354 - Property report

Also known as: 131-07 40th Rd #D

Property image for 131-07 40th Road #D, Flushing, NY 11354
static Mapbox map

Property type

Indoor Parking (RG)

Year built

2006

Lot sq. ft.

581,295

Sale price

$109,708,310

General information

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Address
Primary address
131-07 40th Road #D
ZIP code
11354
Neighborhood
Downtown Flushing
Borough
Queens
Block & lot
05066-1203

Owner

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Building
Property type
Indoor Parking (RG)
Unit sq. ft.
807,226
Buildings on lot
2
Stories
6
Year built
2006
Basement
N
Sales
Sale date
01/09/2026
Sale price
$109,708,310
Tax
Tax year
2026-2027
Property tax
$630,010
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Commercial units
38
Office sq. ft.
Retail sq. ft.
Lot
Distance to wide street
Lot sq. ft.
581,295

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
58 /100.  Bikeable
School district
25
Community district
7

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

Ownership information for 131-07 40th Road #D, Flushing, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 131-07 40th Road #D, Flushing, NY 11354

Sale date Sale price Buyer name Seller name
01/09/2026 $109,708,310 XXXXXX XXXXXXX, XXX XXX XXXXXXX XXXXXXX XXXXX XXX
07/31/2015 $90,000,000 XXX XXXXXXX XXXXXXX XXXXX XXX XXX XXXX XXXXXX XXXXX X X.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/20/2026 - R
01/26/2026 - D
Certificate
(2026022000461001)
XXX XXXXXXX XXXXXXX XXXXX XXX
02/20/2026 - R
01/26/2026 - D
Certificate
(2026022000439001)
XXX XXXXXXX XXXXXXX XXXXX XXX
02/23/2026 - R
01/26/2026 - D
Certificate
(2026022000418001)
XXX XXXXXXX XXXXXXX XXXXX XXX
02/12/2026 - R
01/26/2026 - D
Certificate
(2026021200310001)
XXXX XXXXXXXX XXXXXXXXXX
01/23/2026 - R UCC3 Termination
(2026011600307001)
XXX XXXXXXX XXXXXXX XXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX
02/13/2026 - R
01/13/2026 - D
Sundry Agreement
(2026012600732004)
XXX XXXXXXX XXXXXXX XXXXX XXX XXXXXX XXXXXXX XXX
02/13/2026 - R
01/13/2026 - D
Sundry Agreement
(2026012600732003)
XXX XXXXXXX XXXXXXX XXXXX XXX XXXXXX XXXXXXX XXX
02/13/2026 - R
01/13/2026 - D
Sundry Agreement
(2026012600732001)
XXX XXXXXXX XXXXXXX XXXXX XXX XXXXXX XXXXXXX XXX
01/13/2026 - R Initial UCC1
(2026010900967010)
XXXXXX XXXXXXXXXXX XXX XXXXXX XXXX XXX
01/13/2026 - R UCC3 Termination
(2026010900967009)
XXX XXXXXXX XXXXXXX XXXXX XXX XXXXXX XXXXXXX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 131-07 40th Road #D, 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
$630,010
Municipal exemptions
Recent tax assessments
Market value
$36,999,976
Assessed value
$16,649,989

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 $36,439,000 $16,397,550 $3,381,709 10.848% $1,526,681 $366,848 +14.69%
2024/25 $34,284,976 $15,428,239 $2,972,239 10.762% $1,513,280 $319,872 +1.60%
2023/24 $30,530,000 $13,738,500 $2,972,239 10.592% $1,455,182 $314,820 +4.07%
2022/23 $30,222,000 $13,599,900 $2,841,604 10.646% $1,447,845 $302,517 +3.76%
2021/22 $24,895,000 $11,202,750 $2,710,970 10.755% $1,204,856 $291,565 +20.30%
2020/21 $36,305,000 $16,337,250 $2,266,452 10.694% $1,644,401 $242,374 +26.28%
2019/20 $35,045,000 $15,770,250 $1,821,519 10.537% $1,328,392 $191,933 +32.61%
2018/19 $34,824,000 $15,670,800 $1,376,588 10.514% $1,037,498 $144,734 +29.64%
2017/18 $34,190,000 $15,385,500 $1,061,877 10.514% $751,595 $111,646 +41.16%
2016/17 $30,490,000 $13,720,500 $747,994 10.574% $477,191 $79,093 -0.71%

Permit information for 131-07 40th Road #D, Flushing, NY

No recently recorded permits for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Flushing residential market stats

Access a detailed real estate market overview of Flushing so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Flushing and compare it to other neighborhoods in Queens.

Median sale price

Median price/sq. ft.

Queens median sale price

$595,000

1.7% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
St Michael's School NR No Private PK, K-8 269 0.49
St Michael's School NR No Private PK, K-8 269 0.49
The Active Learning Elementary School 10 No Public PK, K-3 438 0.54
The Active Learning Elementary School 10 No Public PK, K-3 438 0.54
P.S. 20 John Bowne 6 No Public PK, K-5 1,033 0.66
P.S. 20 John Bowne 6 No Public PK, K-5 1,033 0.66
Flushing/YMCA Early Childhood Development Center NR No Private K 0 0.70
Our Lady Of Sorrows School NR No Private PK-8 265 0.74
Our Lady Of Sorrows School NR No Private PK-8 265 0.74
P.S. 120 7 No Public PK, K-5 699 0.88
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
St Michael's School NR No Private PK, K-8 269 0.49
Our Lady Of Sorrows School NR No Private PK-8 265 0.74
Learning Tree Multi-Cultural NR No Private K-8 82 0.74
St. Leo Elementary School NR No Private PK-8 312 0.74
Shield Institute of Flushing NR No Private 0 0.76
East West School Of International Studies 7 No Public 6-12 685 0.92
Is 237 6 No Public 6-8 1,182 0.92
Jhs 189 Daniel Carter Beard 5 No Public 6-8 617 0.96
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Flushing High School 3 No Public 9-12 1,465 0.73
Sister Clara Muhammad School NR No Private 9-12 4 0.74
Queens Academy High School 3 No Public 9-12 285 0.74
Veritas Academy 4 No Public 9-12 630 0.75
Shield Institute of Flushing NR No Private 0 0.76
Queens High For Language Studies 6 No Public 9-12 435 0.77
Lowell Us of Flushing NR No Private 9-12 0 0.87
East West School Of International Studies 7 No Public 6-12 685 0.92
Lowell High School NR No Private 3-12 249 0.94
Flushing International High School 3 No Public 9-12 407 0.96

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 131-07 40th Road #D, Flushing, NY 11354?

The development at 131-07 40th Road #D, Flushing, NY 11354 was built in 2006.

What is the total square footage of 131-07 40th Road #D, Flushing, NY 11354?

131-07 40th Road #D, Flushing, NY 11354 has a total of 807,226 square feet.

When was 131-07 40th Road #D, Flushing, NY 11354 last sold and what was the sale price?

131-07 40th Road #D, Flushing, NY 11354 was last sold on 01/09/2026 for $109,708,310.

What is the assessed value of 131-07 40th Road #D, Flushing, NY 11354?

131-07 40th Road #D, Flushing, NY 11354 is currently assessed at $16,649,989.

What are the property taxes for 131-07 40th Road #D, Flushing, NY 11354?

The property taxes for 131-07 40th Road #D, Flushing, NY 11354 total $630,010.

Disclaimer

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