Queens  »  11354  »  Main St  »  4042 Main St

40-42 Main Street, Flushing, NY 11354 - Property report

Also known as: 40-42 Main St

Property image for 40-42 Main Street, Flushing, NY 11354
static Mapbox map

Property type

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

Year built

1931

Lot sq. ft.

2,500

General information

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Address
Primary address
40-42 Main Street
Alternate address(es)
40-44 Main St
ZIP code
11354
Neighborhood
Downtown Flushing
Borough
Queens
Block & lot
05037-0060

Owner

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Building
Property type
Multi-Story Retail Building (2 or More) (K2)
Building sq. ft.
7,287
Building dimensions
25 ft x 80 ft
Buildings on lot
1
Stories
4
Year built
1931
Last altered
2009
Building material
Tax
Tax year
2026-2027
Property tax
$107,425
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
25 ft x 100 ft
Lot sq. ft.
2,500

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
66 /100.  Bikeable
School district
25
Community district
7
Closest police station
0.29 Miles
Closest fire station
0.19 Miles

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Ownership information for 40-42 Main Street, Flushing, NY

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

Sales history for 40-42 Main Street, Flushing, NY 11354

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/05/2010 - R
08/26/2009 - D
Deed
(2009121700143001)
XXXXXX XXXXXX XXX X XXXX XXXX XXXXXX XXXXXX XXX
01/10/2006 - R
12/23/2005 - D
Deed
(2006010300738001)
XXXXXX XXXXXXX XXXXXX XXXXXX XXXX
09/08/1997 - R Satisfaction of Mortgage
(4920005751892)
07/07/1992 - R UCC3 Continuation
(4940004065794)
XXXXX XXXXXXXXXX XXXXXX XXXXXX XXXXXXX XXXX
08/04/1987 - R Uniform Commercial Code 1
(4030003041603)
XXXXX XXXX XXXXXX XXXXXX XXXXXXX
08/04/1987 - R Uniform Commercial Code 1
(4020003041602)
XXXXX XXXX XXXXXX XXXXXX XXXXXXX
08/04/1987 - R Deed
(4310002356931)
XXXXX XXXXX XXXXX XXXXXXXXXX
08/04/1987 - R Mortgage
(4290002356929)
XXXXX XXXXXXXXXX XXXXXX XXXXXX XXXX XXXX
08/04/1987 - R Assignment, Mortgage
(4280002356928)
XXXXXXXX XXXX XXX XXXX XXXXXX XXXXXX XXXX XXXX
08/04/1987 - R Assignment, Mortgage
(4270002356927)
XXXXX XXXXXXXXXX XXXXXX XXXXXX XXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 40-42 Main 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
$107,425
Municipal exemptions
Recent tax assessments
Market value
$2,798,000
Assessed value
$1,259,100

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 $2,777,000 $1,249,650 $1,249,650 10.848% $135,562 $82,308 +37.52%
2024/25 $2,668,000 $1,200,600 $1,200,600 10.762% $129,209 $59,850 +4.99%
2023/24 $2,989,000 $1,345,050 $1,345,050 10.592% $142,468 $57,005 -12.01%
2022/23 $3,240,000 $1,458,000 $1,458,000 10.646% $155,219 $64,784 +31.43%
2021/22 $2,887,000 $1,299,150 $1,299,150 10.755% $139,724 $49,290 -73.76%
2020/21 $4,048,000 $1,821,600 $1,756,350 10.694% $187,824 $187,824 +5.59%
2019/20 $3,880,000 $1,746,000 $1,688,218 10.537% $177,888 $177,888 +6.05%
2018/19 $3,828,000 $1,722,600 $1,595,338 10.514% $167,734 $167,734 +7.50%
2017/18 $3,741,000 $1,683,450 $1,484,098 10.514% $156,038 $156,038 +8.74%
2016/17 $4,018,000 $1,808,100 $1,357,018 10.574% $143,491 $143,491 +11.75%

Permit information for 40-42 Main Street, Flushing, NY

Filing date Job type Job status Job description Initial cost
06/10/2025 Alteration
02/29/2024 Alteration
02/06/2024 Alteration
01/17/2024 Alteration
09/20/2016 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
09/21/2020 E-elevator elevatorrequired
03/31/2018 E-elevator elevatorrequired
03/18/2016 E-elevator

*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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
5

Subway & traffic

Closest station
Main St & Roosevelt Ave at SW Corner
Station lines
7
Distance (miles)
0.076

Access the detailed traffic volume map for 40-42 Main 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 40-42 Main Street, Flushing, NY 11354?

The development at 40-42 Main Street, Flushing, NY 11354 was built in 1931.

What is the market value of 40-42 Main Street, Flushing, NY 11354?

The current market value of 40-42 Main Street, Flushing, NY 11354 is $2,798,000.

What is the total square footage of 40-42 Main Street, Flushing, NY 11354?

40-42 Main Street, Flushing, NY 11354 has a total of 7,287 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 6.

Disclaimer

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