Queens  »  11101  »  40th Ave  »  1111 40th Ave

11-11 40th Avenue, Long Island City, NY 11101 - Property report

Also known as: 38-78 12th St

Property image for 11-11 40th Avenue, Long Island City, NY 11101
static Mapbox map

Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

1916

Lot sq. ft.

7,500

Sale price

$4,500,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
11-11 40th Avenue
Alternate address(es)
11-11 - 11-17 40th Ave
38-78 - 38-84 12th St
ZIP code
11101
Neighborhood
LIC
Borough
Queens
Block & lot
00473-0548

Owner

Find out who owns 11-11 40th Avenue, Long Island City, NY 11101. Uncover corporate and individual owners with a free account.

Building
Property type
Office with Commercial - 1 to 6 Stories (O5)
Building sq. ft.
15,000
Building dimensions
74 ft x 100 ft
Buildings on lot
1
Stories
1
Year built
1916
Last altered
1999
Building material
Sales
Sale date
11/12/2021
Sale price
$4,500,000
Tax
Tax year
2026-2027
Property tax
$104,134
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
74 ft x 100 ft
Lot sq. ft.
7,500

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
85 /100.  Very Bikeable
School district
30
Community district
1
Closest police station
0.96 Miles
Closest fire station
0.25 Miles

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

Ownership

Ownership information for 11-11 40th Avenue, Long Island City, NY

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

Sales history for 11-11 40th Avenue, Long Island City, NY 11101

Sale date Sale price Buyer name Seller name
11/12/2021 $4,500,000 XXXX XXXX XXX XXX XXX XXXXXXX XXX XX XXX XXXXXX, XXX
02/21/2018 $10,500,000 XX-XX XXX XXXXXXXXXXX, XXX XXXXXX XXXXXXXXXX, XXX
07/23/2004 $2,500,000 XXXXXX XXXXXXXXXXX XXX XX-XX XXXX XXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/19/2022 - R Initial UCC1
(2022062900929010)		 XXXX XXXX XXX XXXXXXXXXX XXXXXXX XXXX XXXXX
07/19/2022 - R UCC3 Termination
(2022062900929009)		 XXX XXXXXXX XXX XX XXXXX XXX
07/19/2022 - R UCC3 Termination
(2022062900929008)		 XXXX XXXX XXX XX XXXXX XXX
07/19/2022 - R
06/17/2022 - D		 Sundry Agreement
(2022062900929011)		 XXXX XXXX XXX XXXXXXXXXX XXXX XXXXX
07/19/2022 - R
06/17/2022 - D		 Termination of Assign of L&R
(2022062900929007)		 XX XXXXX XXX XX XXXXX XXX
07/19/2022 - R
06/17/2022 - D		 Termination of Assign of L&R
(2022062900929006)		 XXXX XXXX XXX XX XXXXX XXX
07/19/2022 - R
06/17/2022 - D		 Assignment of Leases and Rents
(2022062900929005)		 XXXX XXXX XXX XXXXXXXXXX XXXXXXX XXXX XXX XXXXX
07/19/2022 - R
06/17/2022 - D		 Agreement
(2022062900929004)		 XXXX XXXX XXX XXXXXXXXXX XXXXXXX XXXX XXX XXXXX
07/19/2022 - R
06/17/2022 - D		 Mortgage
(2022062900929003)		 XXXX XXXX XXX XXXXXXXXXX XXXXXXX XXXX XXX XXXXX
07/19/2022 - R
06/17/2022 - D		 Assignment, Mortgage
(2022062900929002)		 XX XXXXX XXX XXXXXXXXXX XXXXXXX XXXX XXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 11-11 40th Avenue, Long Island City, 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
$104,134
Municipal exemptions
Recent tax assessments
Market value
$2,341,000
Assessed value
$1,053,450

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 $2,322,000 $1,044,900 $896,130 10.848% $97,212 $97,212 +4.16%
2024/25 $2,210,000 $994,500 $867,240 10.762% $93,332 $93,332 +4.69%
2023/24 $2,204,000 $991,800 $841,680 10.592% $89,151 $89,151 +17.11%
2022/23 $1,589,000 $715,050 $715,050 10.646% $76,124 $76,124 -3.62%
2021/22 $1,632,000 $734,400 $734,400 10.755% $78,985 $78,985 -11.35%
2020/21 $2,001,000 $900,450 $833,124 10.694% $89,094 $89,094 +28.87%
2019/20 $1,618,000 $728,100 $656,100 10.537% $69,133 $69,133 +6.07%
2018/19 $1,550,000 $697,500 $619,920 10.514% $65,178 $65,178 +5.99%
2017/18 $1,453,000 $653,850 $584,910 10.514% $61,497 $61,497 +5.04%
2016/17 $1,394,000 $627,300 $553,680 10.574% $58,546 $58,546 -4.24%
Permits

Permit information for 11-11 40th Avenue, Long Island City, NY

Filing date Job type Job status Job description Initial cost
10/14/2025 Alteration
09/30/2025 Alteration
07/02/2025 Alteration
05/12/2025 Alteration
05/12/2025 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
09/15/2017 Evcat1-elevator annual inspection / test
10/08/2010 Vcat1-elevator annual inspection / test
02/19/2002 Ll1081-local law 10/81 - elevator

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
4

Subway & traffic

Closest station
21st St & 41st Ave at NW Corner
Station lines
F
Distance (miles)
0.143
View subway map

Access the detailed traffic volume map for 11-11 40th Avenue, Long Island City, NY 11101 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 11-11 40th Avenue, Long Island City, NY

43-12 Corporal Kennedy St, Bayside 145-94 224th St, Springfield Gardens 143-04 Ferndale Ave, Jamaica 131-50 40th Rd, Flushing 253-46 148th Ave, Rosedale 100-16 34th Ave, Corona 153-56 Foch Blvd, Jamaica 134-38 173rd St, Jamaica 120-15 223rd St, Cambria Heights 199-18 119th Ave, Saint Albans 12-88 Central Ave, Far Rockaway 244-38 136th Rd, Rosedale 104-08 32nd Ave, East Elmhurst 19-39 77th St, East Elmhurst 98-01 158th Ave, Howard Beach 137-20 227th St, Springfield Gardens 46-82 Hollis Court Blvd, Flushing 167-18 Hillside Ave, Jamaica 133-10 Rockaway Blvd, South Ozone Park

Nearby ZIP codes for 11-11 40th Avenue, Long Island City, NY

10017, New York City, NY 10021, New York City, NY 10022, New York City, NY 10028, New York City, NY 10044, New York City, NY 10065, New York City, NY 10075, New York City, NY 10128, New York City, NY 10152, New York City, NY 10154, New York City, NY 10162, New York City, NY 11102, New York City, NY 11103, New York City, NY 11104, New York City, NY 11106, New York City, NY 11109, New York City, NY 11211, New York City, NY 11222, New York City, NY 11377, New York City, NY 11378, New York City, NY

Frequently asked questions

What is the year built for 11-11 40th Avenue, Long Island City, NY 11101?

The development at 11-11 40th Avenue, Long Island City, NY 11101 was built in 1916.

What is the market value of 11-11 40th Avenue, Long Island City, NY 11101?

The current market value of 11-11 40th Avenue, Long Island City, NY 11101 is $2,341,000.

What is the total square footage of 11-11 40th Avenue, Long Island City, NY 11101?

11-11 40th Avenue, Long Island City, NY 11101 has a total of 15,000 square feet.

What is the price per square foot for this property?

$300 per square foot is the price for 11-11 40th Avenue, Long Island City, NY 11101.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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