Queens  »  11354  »  Downing St  »  3125 Downing St

31-25 Downing Street, Flushing, NY 11354 - Property report

Also known as: 31-01 Downing St

Property image for 31-25 Downing Street, Flushing, NY 11354
static Mapbox map

Property type

Multi-Story Retail Building (2 or More) (K2)

Year built

1940

Lot sq. ft.

34,896

Sale price

$5,500,000

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
31-25 Downing Street
Alternate address(es)
31-01 - 31-09 Downing St
31-13 - 31-39 Downing St
31-34 Ulmer St
ZIP code
11354
Neighborhood
Downtown Flushing
Borough
Queens
Block & lot
04406-0028

Owner

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Building
Property type
Multi-Story Retail Building (2 or More) (K2)
Building sq. ft.
45,878
Building dimensions
194 ft x 207.76 ft
Buildings on lot
1
Stories
2
Year built
1940
Last altered
2017
Building material
Sales
Sale date
07/29/2011
Sale price
$5,500,000 - M
Tax
Tax year
2026-2027
Property tax
$439,729
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
193.88 ft x 195.26 ft
Lot sq. ft.
34,896

Area overview

Walk score
90 /100.  Walker's Paradise
Transit score
90 /100.  Rider's Paradise
Bike score
51 /100.  Bikeable
School district
25
Community district
7
Closest police station
0.58 Miles
Closest fire station
0.73 Miles

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

Ownership information for 31-25 Downing Street, Flushing, NY

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

Sales history for 31-25 Downing Street, Flushing, NY 11354

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/10/2023 - R Initial UCC1
(2023100600799001)
XXXXXXX XXXXXX XXXXXX XXX XXXXXXXXX XXXX
10/10/2023 - R
09/22/2023 - D
Assignment of Leases and Rents
(2023100600272006)
XXXXXXX XXXXXX XXXXXX XXX XXXXXXXXX XXXX
10/10/2023 - R
09/22/2023 - D
Agreement
(2023100600272005)
XXXXXXX XXXXXX XXXXXX XXX XXXXXXXXX XXXX
10/10/2023 - R
09/22/2023 - D
Mortgage
(2023100600272004)
XXXXXXX XXXXXX XXXXXX XXX XXXXXXXXX XXXX
10/10/2023 - R
09/22/2023 - D
Assignment, Mortgage
(2023100600272003)
XXXXXXXXXX XXX XXXXXXXXXX XXXX XX XXXXX (XXX) XX XXXXXXXXX XXXX
10/10/2023 - R
09/22/2023 - D
Assignment, Mortgage
(2023100600272002)
XXXXXXXXXX XXX XXXXXXXXXX XXXX XX XXXXX (XXX) XX XXXXXXXXX XXXX
10/10/2023 - R
09/22/2023 - D
Termination of Assign of L&R
(2023100600272001)
XXXXXXX XXXXXX XXXXXX XXX XXXXXXXXXX XXX XXXXXXXXXX XXXX XX XXXXX (XXX) XX
09/22/2023 - R UCC3 Termination
(2023092200874001)
XXXXXXX XXXXXX XXXXXX XXX XXXXXXXXXX XXX XXXXXXXXXX XXXX XX XXXXX (XXX) XX
07/27/2023 - R
07/24/2023 - D
Sundry Miscellaneous
(2023072600125001)
XXXXXXX XXXXXX XXXXXX XXX
11/05/2020 - R
10/26/2020 - D
Zoning Lot Description
(2020102900308001)
XXXXXXX XXXXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 31-25 Downing 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
$439,729
Municipal exemptions
Recent tax assessments
Market value
$12,716,000
Assessed value
$5,722,200

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 $10,704,000 $4,816,800 $4,760,872 10.848% $516,459 $418,851 +1.29%
2024/25 $10,593,000 $4,766,850 $4,749,495 10.762% $511,141 $413,533 -17.46%
2023/24 $10,512,000 $4,730,400 $4,729,862 10.592% $500,987 $500,987 +8.95%
2022/23 $9,649,729 $4,342,378 $4,319,147 10.646% $459,816 $459,816 +5.40%
2021/22 $9,055,911 $4,075,160 $4,056,144 10.755% $436,238 $436,238 +12.41%
2020/21 $8,128,297 $3,657,734 $3,628,929 10.694% $388,078 $388,078 +5.89%
2019/20 $7,821,000 $3,519,450 $3,478,050 10.537% $366,482 $366,482 +85.80%
2018/19 $4,169,000 $1,876,050 $1,876,050 10.514% $197,248 $197,248 +94.27%
2017/18 $2,146,000 $965,700 $965,700 10.514% $101,534 $101,534 -0.57%
2016/17 $2,146,000 $965,700 $965,700 10.574% $102,113 $102,113 -16.16%

Permit information for 31-25 Downing Street, Flushing, NY

Filing date Job type Job status Job description Initial cost
06/23/2024 Alteration
01/08/2024 Alteration
12/12/2023 Alteration
11/16/2023 Alteration
11/16/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/02/2024 Bench-failure to benchmark none
04/04/2022 C-construction
01/19/2022 Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
Main St & Roosevelt Ave at NW Corner
Station lines
7
Distance (miles)
0.668

Access the detailed traffic volume map for 31-25 Downing Street, Flushing, NY 11354 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

Frequently asked questions

What is the year built for 31-25 Downing Street, Flushing, NY 11354?

The development at 31-25 Downing Street, Flushing, NY 11354 was built in 1940.

What is the market value of 31-25 Downing Street, Flushing, NY 11354?

The current market value of 31-25 Downing Street, Flushing, NY 11354 is $12,716,000.

What is the total square footage of 31-25 Downing Street, Flushing, NY 11354?

31-25 Downing Street, Flushing, NY 11354 has a total of 45,878 square feet.

What is the price per square foot for this property?

$119 per square foot is the price for 31-25 Downing Street, Flushing, NY 11354.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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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.

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