New York City  »  11358  »  159th St  »  4249 159th St

42-55 159th Street #2B, Flushing, NY 11358 - Property report

Also known as: 42-55 159th St #2B

Property image for 42-55 159th Street #2B, Flushing, NY 11358
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Property type

Condo - Residential Unit in Walk-Up Building (R2)

Year built

1986

Lot sq. ft.

7,584

Sale price

$80,000

General information

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Address
Primary address
42-55 159th Street #2B
ZIP code
11358
Neighborhood
East Flushing
Borough
Queens
Block & lot
05390-1022

Owner

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Building
Property type
Condo - Residential Unit in Walk-Up Building (R2)
Unit sq. ft.
724
Buildings on lot
4
Year built
1986
Basement
N
Sales
Sale date
06/02/2011
Sale price
$80,000
Tax
Tax year
2026-2027
Property tax
$3,369
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
20
Residential sq. ft.
Commercial units
4
Office sq. ft.
Retail sq. ft.
Lot
Distance to wide street
Lot sq. ft.
7,584

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
74 /100.  Excellent Transit
Bike score
71 /100.  Very Bikeable
School district
25
Community district
7
Closest police station
1.05 Miles
Closest fire station
0.37 Miles

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

Ownership information for 42-55 159th Street #2B, Flushing, NY

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

Sales history for 42-55 159th Street #2B, Flushing, NY 11358

Sale date Sale price Buyer name Seller name
06/02/2011 $80,000 XXXXXXXXX, XXXXX X XXXXXXXXX, XXXXX X XXX XXXXXXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/13/2025 - R
01/03/2025 - D
Deed
(2025011000670001)
XXXXXXXXX XXXXX X XXXXX X XXXXXXXXX XXXXXXX
01/21/2020 - R
01/15/2020 - D
Satisfaction of Mortgage
(2020011301168001)
XXXXXXXXX XXXXX X XXXXX XXXXX XXXX X X
09/07/2011 - R
06/27/2011 - D
Satisfaction of Mortgage
(2011062300035001)
XXXXXXXXX XXXXX XXXX XXXXXX XXXXXXX XXXX XX XXXXXXXXXX XXX
06/16/2011 - R
06/02/2011 - D
Deed
(2011060801008001)
XXXXXXXXX XXXXX X XXXXXXXXX XXXXX X
06/16/2011 - R
06/02/2011 - D
Mortgage
(2011060800982001)
XXXXXXXXX XXXXX X XXXXX XXXXX XXXX X X
07/14/1987 - R Assignment, Mortgage
(4690002348269)
XXXX XXXXXX XXXX XXXX XXXX XXXXXX XXXX XXXXXX
03/02/1987 - R Deed
(4730002295673)
XXXXX XXXXXX XXXX XXXXXXXXX XXXXX
03/02/1987 - R Power of Attorney
(4750002295675)
XXXXXXXXX XXXXX XXXXXX XXXX XXXXXXXX
01/08/1987 - R Declaration
(4950002276595)
XXXXXX XXXX XXXXX
03/02/1986 - R Mortgage
(4740002295674)
XXXXXXXXX XXXXX XXXX XXXXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 42-55 159th Street #2B, 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
$3,369
Municipal exemptions
Recent tax assessments
Market value
$60,192
Assessed value
$27,087

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 $61,931 $27,869 $27,869 12.439% $3,467 $3,467 +3.28%
2024/25 $59,669 $26,851 $26,851 12.5% $3,356 $3,356 -12.65%
2023/24 $70,789 $31,855 $30,735 12.502% $3,842 $3,842 +3.46%
2022/23 $68,251 $30,713 $30,276 12.267% $3,714 $3,714 +11.83%
2021/22 $60,315 $27,142 $27,142 12.235% $3,321 $3,321 -8.90%
2020/21 $69,439 $31,248 $29,716 12.267% $3,645 $3,645 +1.10%
2019/20 $72,718 $32,723 $28,906 12.473% $3,605 $3,605 +4.47%
2018/19 $65,685 $29,558 $27,365 12.612% $3,451 $3,451 +4.52%
2017/18 $64,592 $29,066 $25,961 12.719% $3,302 $3,302 +4.38%
2016/17 $57,749 $25,987 $24,538 12.892% $3,163 $3,163 +4.81%

Permit information for 42-55 159th Street #2B, 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.

East Flushing residential market stats

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

Median sale price

$499,500

-2.6% Y-o-Y

Median price/sq. ft.

$708

6.9% Y-o-Y

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
-

Subway & traffic

Closest station
Main St & Roosevelt Ave at SE Corner
Station lines
7
Distance (miles)
1.14

Access the detailed traffic volume map for 42-55 159th Street #2B, 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 22 Thomas Jefferson 6 No Public PK, K-5 750 0.30
P.S. 22 Thomas Jefferson 6 No Public PK, K-5 750 0.30
P.S. 107 Thomas A Dooley 5 No Public PK, K-5 849 0.44
P.S. 107 Thomas A Dooley 5 No Public PK, K-5 849 0.44
St. Andrew Avellino School NR No Private PK-8 240 0.48
St. Andrew Avellino School NR No Private PK-8 240 0.48
William Spyropoulos Greek-American Day School NR No Private K-8 397 0.48
Most Holy Redeemer Catholic Academy NR No Private PK, K-8 226 0.58
Most Holy Redeemer Catholic Academy NR No Private PK, K-8 226 0.58
P.S. 32 State Street 7 No Public K-5 866 0.76
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
St. Andrew Avellino School NR No Private PK-8 240 0.48
William Spyropoulos Greek-American Day School NR No Private K-8 397 0.48
Most Holy Redeemer Catholic Academy NR No Private PK, K-8 226 0.58
Jhs 189 Daniel Carter Beard 5 No Public 6-8 617 0.62
Shield Institute of Flushing NR No Private 0 0.87
Is 25 Adrien Block 7 No Public 6-8 1,016 0.97
World Journalism Preparatory: A College Board School 8 No Public 6-12 611 0.97
Is 237 6 No Public 6-8 1,182 1.03
East West School Of International Studies 7 No Public 6-12 685 1.03
Most Holy Redeemer Catholic NR No Private PK-8 289 1.03
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Flushing International High School 3 No Public 9-12 407 0.62
Shield Institute of Flushing NR No Private 0 0.87
World Journalism Preparatory: A College Board School 8 No Public 6-12 611 0.97
East West School Of International Studies 7 No Public 6-12 685 1.03
Lowell High School NR No Private 3-12 249 1.03
Holy Cross High School NR No Private 9-12 886 1.11
Queens High For Language Studies 6 No Public 9-12 435 1.11
Veritas Academy 4 No Public 9-12 630 1.12
Flushing High School 3 No Public 9-12 1,465 1.17
Queens Academy High School 3 No Public 9-12 285 1.22

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

Frequently asked questions

What is the year built for 42-55 159th Street #2B, Flushing, NY 11358?

The development at 42-55 159th Street #2B, Flushing, NY 11358 was built in 1986.

What is the total square footage of 42-55 159th Street #2B, Flushing, NY 11358?

42-55 159th Street #2B, Flushing, NY 11358 has a total of 724 square feet.

When was 42-55 159th Street #2B, Flushing, NY 11358 last sold and what was the sale price?

42-55 159th Street #2B, Flushing, NY 11358 was last sold on 06/02/2011 for $80,000.

What is the assessed value of 42-55 159th Street #2B, Flushing, NY 11358?

42-55 159th Street #2B, Flushing, NY 11358 is currently assessed at $27,087.

What are the property taxes for 42-55 159th Street #2B, Flushing, NY 11358?

The property taxes for 42-55 159th Street #2B, Flushing, NY 11358 total $3,369.

How many residential units does this building have?

This building has 20 residential unit(s).

Disclaimer

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