Queens  »  11354  »  Main St  »  4048 Main St

40-48 Main Street, Flushing, NY 11354 - Property report

Also known as: 40-48 Main St

Property image for 40-48 Main Street, Flushing, NY 11354
static Mapbox map

Property type

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

Year built

1931

Lot sq. ft.

3,033

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
40-48 Main Street
Alternate address(es)
40-48 - 40-50 Main St
ZIP code
11354
Neighborhood
Downtown Flushing
Borough
Queens
Block & lot
05037-0062

Owner

Find out who owns 40-48 Main Street, Flushing, NY 11354. Uncover corporate and individual owners with a free account.

Building
Property type
Multi-Story Retail Building (2 or More) (K2)
Building sq. ft.
11,098
Building dimensions
30 ft x 95 ft
Buildings on lot
1
Stories
3
Year built
1931
Last altered
1999
Building material
Tax
Tax year
2026-2027
Property tax
$237,461
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
30.33 ft x 100 ft
Lot sq. ft.
3,033

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

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

Units for 40-48 Main Street, Flushing, NY

Ownership

Ownership information for 40-48 Main Street, Flushing, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

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

Sales history for 40-48 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
03/08/2022 - R UCC3 Continuation
(2022030701715001)		 XXXX XXXX XXXXXX XXXXXX XXXX XXXX XXXX XXXX (XXX)
08/16/2017 - R Initial UCC1
(2017081600711007)		 XXXX XXXX XXXXXX XXXXXX XXXX XXXX XXXX XXXX (XXX)
08/16/2017 - R UCC3 Termination
(2017081600711003)		 XXXX XXXX XXXXXX XXXXXX XXXX XXXX XXXXXX XXXXXX XXXXXXXXXXX (XXX)
08/16/2017 - R
08/11/2017 - D		 Assignment of Leases and Rents
(2017081600711006)		 XXXX XXXX XXXXXX XXXXXX XXXX XXXX XXXX XXXX (XXX)
08/16/2017 - R
08/11/2017 - D		 Mortgage and Consolidation
(2017081600711005)		 XXXX XXXX XXXXXX XXXXXX XXXX XXXX XXXX XXXX (XXX)
08/16/2017 - R
08/11/2017 - D		 Termination of Assign of L&R
(2017081600711002)		 XXXX XXXXXX XXXXXX XXXXXXXXXXX (XXX) XXXX XXXX XXXXXX XXXXXX XXXX
08/16/2017 - R
08/11/2017 - D		 Assignment, Mortgage
(2017081600711001)		 XXXX XXXXXX XXXXXX XXXXXXXXXXX (XXX) XXXX XXXX XXXX (XXX)
03/18/2015 - R UCC3 Continuation
(2015021901183001)		 XXXX XXXX XXXXXX XXXXXX XXX XXXX XXXXXX XXXXXX XXXXXXXXXXX (XXX)
08/26/2005 - R
07/07/2005 - D		 Termination of Assign of L&R
(2005072000454005)		 XXXX XXXX XXXXXX XXXXXX XXXX XXX XXXXXXXXXXXXX XXXXXXXXXX XXXX XX XXXXX
08/26/2005 - R
07/07/2005 - D		 Assignment of Leases and Rents
(2005072000454004)		 XXXX XXXXXX XXXXXX XXXXXXXXXXX (XXX) XXXX XXXX XXXXXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 40-48 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
$237,461
Municipal exemptions
Recent tax assessments
Market value
$4,905,000
Assessed value
$2,207,250

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 $4,869,000 $2,191,050 $2,135,430 10.848% $231,651 $231,651 +5.69%
2024/25 $4,861,000 $2,187,450 $2,036,610 10.762% $229,331 $219,180 +6.68%
2023/24 $4,870,000 $2,191,500 $1,939,678 10.592% $225,431 $205,451 +5.69%
2022/23 $4,817,000 $2,167,650 $1,825,865 10.646% $224,505 $194,382 +15.69%
2021/22 $4,310,000 $1,939,500 $1,562,222 10.755% $208,593 $168,017 +3.93%
2020/21 $4,679,000 $2,105,550 $1,511,732 10.694% $212,097 $161,665 +16.54%
2019/20 $4,692,000 $2,111,400 $1,316,522 10.537% $198,353 $138,722 +21.50%
2018/19 $4,513,000 $2,030,850 $1,085,942 10.514% $183,593 $114,176 +26.89%
2017/18 $4,380,000 $1,971,000 $855,781 10.514% $169,311 $89,977 +35.85%
2016/17 $3,773,000 $1,697,850 $626,371 10.574% $155,993 $66,232 +37.64%
Permits

Permit information for 40-48 Main Street, Flushing, NY

Filing date Job type Job status Job description Initial cost
06/27/2024 Alteration
07/10/2023 Alteration
04/10/2023 Alteration
03/27/2023 Alteration
09/08/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations 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
5

Subway & traffic

Closest station
Main St & Roosevelt Ave at SE Corner
Station lines
7
Distance (miles)
0.084
View subway map

Access the detailed traffic volume map for 40-48 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

Neighbors for 40-48 Main Street, Flushing, NY

40-52 Main St, Flushing 132-59 41st Rd, Flushing 40-40 Main St, Flushing 132-38 41st Ave, Flushing 40-42 Main St, Flushing 150-60 Northern Blvd, Flushing 133-51 41st Ave, Flushing 135-32 Roosevelt Ave, Flushing 150-50 Northern Blvd, Flushing 132-27 41st Ave, Flushing 133-60 41st Ave, Flushing 133-54 41st Ave, Flushing 135-12 A Roosevelt Ave, Flushing 135-15 40th Rd, Flushing 150-38 Northern Blvd, Flushing 133-17 41st Ave, Flushing 133-38 41st Ave, Flushing 133-50 41st Ave, Flushing 150-46 Northern Blvd, Flushing 150-02 Northern Blvd, Flushing

Nearby ZIP codes for 40-48 Main Street, Flushing, NY

11355, New York City, NY 11356, New York City, NY 11357, New York City, NY 11358, New York City, NY 11359, New York City, NY 11360, New York City, NY 11361, New York City, NY 11365, New York City, NY 11366, New York City, NY 11367, New York City, NY 11368, New York City, NY 11369, New York City, NY 11371, New York City, NY 11372, New York City, NY 11373, New York City, NY 11374, New York City, NY 11375, New York City, NY 11415, New York City, NY 11424, New York City, NY

Frequently asked questions

What is the year built for 40-48 Main Street, Flushing, NY 11354?

The development at 40-48 Main Street, Flushing, NY 11354 was built in 1931.

What is the market value of 40-48 Main Street, Flushing, NY 11354?

The current market value of 40-48 Main Street, Flushing, NY 11354 is $4,905,000.

What is the total square footage of 40-48 Main Street, Flushing, NY 11354?

40-48 Main Street, Flushing, NY 11354 has a total of 11,098 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 4.

Disclaimer

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