Queens  »  11354  »  40th Rd  »  13140 40th Rd

131-40 40th Road, Flushing, NY 11354 Property Information

131-40 40th Road, Flushing, NY 11354 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
Unlock this property report with a free account.

Access up-to-date information from property owner names to sales history, tax info, title documents, mortgages, development, maps, permits and more.
Sign Up Now
Research 100M+ property records powered by:
  • 2000+ governmental and public data sources
  • 80 dedicated analysts and researchers
  • 20+ years of real estate experience
Learn More

Photo & Map Show Hide

131-40 40th Road, Flushing, NY 11354 1
static Mapbox map

Address

Primary address 131-40 40th Road
Secondary address 131-28 40th Rd
Neighborhood Downtown Flushing
Zip code 11354
Borough Queens
Block & lot 05060-0053

Sales & Tax Overview for 131-40 40th Road, Flushing

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 02/22/2021
Purchase price $9,000,000
Tax class
Estimated property tax $26,145

Lot & Building Information for 131-40 40th Road, Flushing

Lot sqft 1,200
Lot dimensions 20 ft x 60 ft
Building class Limited Service - Many Affiliated with National Chain (H3) i
Building sqft 5,748
Buildings on lot 1
Year built 2025
Frontage(s) 40 Road (narrow)
Nearest wide street College Point Boulevard
Distance to wide street
Unlock this property report with a free account.

Access up-to-date information from property owner names to sales history, tax info, title documents, mortgages, development, maps, permits and more.
Sign Up Now

Zoning & Use for 131-40 40th Road, Flushing

Zoning
Residential units (DOF) 15
Commercial units 17

Area Overview

Walk Score
Transit Score
Bike Score


School district 25
Community district 7
Closest police station 0.58 Miles
Closest fire station 0.51 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 131-40 40th Road, Flushing

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 131-40 40th Road, Flushing, NY 11354, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 131-40 40th Road, Flushing, NY 11354, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 131-28 40th Rd, Flushing, NY 11354

About 131-40 40th Road, Flushing

How many sq. ft. does 131-40 40th Road, Flushing, NY 11354 have & what is the price per sq. ft?

This Limited Service - Many Affiliated with National Chain (H3) located at 131-40 40th Road, Flushing, NY 11354 has a total of 5,748 square feet and a current price per square foot of $1,565.

What is the year built & the current market value of 131-40 40th Road, Flushing, NY 11354?

131-40 40th Road, Flushing, NY 11354 was built in 2025 and has a current tax assessor's market value of $298,000.

How many commercial spaces does this building have?

This building has 17 commercial spaces available for lease.

Ownership Information for 131-40 40th Road, Flushing

View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.

Property owner name for 131-40 40th Road, Flushing, NY 11354
Find out who owns 131-40 40th Road, Flushing, NY 11354.
Sign Up
Building contacts for 131-40 40th Road, Flushing, NY 11354
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
Research 100M+ property records powered by:
  • 2000+ governmental and public data sources
  • 80 dedicated analysts and researchers
  • 20+ years of real estate experience
Learn More

Past Sales & Property History for 131-40 40th Road, Flushing

Create a free account to view the complete sales history for 131-40 40th Road, Flushing, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
02/22/2021 $9,000,000

Title Documents for 131-40 40th Road, Flushing

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
05/10/2024 - R Initial UCC1
(2024050700723002)
05/10/2024 - R UCC3 Termination
(2024050700723001)
05/03/2024 - D
05/10/2024 - R
Mortgage
(2024050700367005)
05/03/2024 - D
05/10/2024 - R
Mortgage
(2024050700367004)
05/03/2024 - D
05/10/2024 - R
Agreement
(2024050700367003)
05/03/2024 - D
05/10/2024 - R
Termination of Assign of L&R
(2024050700367001)
04/30/2024 - D
05/10/2024 - R
Assignment, Mortgage
(2024050700367002)
04/01/2021 - D
04/16/2021 - R
Zoning Lot Description
(2021040900137002)
03/29/2021 - D
04/16/2021 - R
Certificate
(2021040900137001)
03/05/2021 - R Initial UCC1
(2021030300420004)
Unlock title documents, including buyer and seller information (when available).
Sign up

R: Recorded date
D: Document date

Property Taxes for 131-40 40th Road, Flushing

Access detailed property tax data for 131-40 40th Road, Flushing, NY 11354. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $9,324
Estimated property tax: $26,145
Tax assessor's market value: $298,000
Assessed value: $134,100

Assessment History for 131-40 40th Road, Flushing

Here's the assessment & property tax history for 131-40 40th Road, Flushing, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $298,000 $134,100 $85,950 10.848% $9,324 $9,324 +26.83%
2024/25 $229,000 $103,050 $68,310 10.762% $7,352 $7,352 +24.59%
2023/24 $176,000 $79,200 $55,710 10.592% $5,901 $5,901 +19.12%
2022/23 $135,000 $60,750 $46,530 10.646% $4,954 $4,954 +18.73%
2021/22 $117,000 $52,650 $38,790 10.755% $4,172 $4,172 +20.08%

Permits for 131-40 40th Road, Flushing

The complete history of permits filed for 131-40 40th Road, Flushing, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
10/31/2025 Alteration
10/27/2025 Alteration
08/25/2025 Alteration
08/14/2025 Alteration
07/30/2025 Alteration
07/15/2025 Alteration
05/16/2025 Alteration
05/16/2025 Alteration
04/25/2025 Alteration
08/06/2024 Alteration
Unlock the complete permit history for 131-40 40th Road, Flushing with a free account.
Sign up

Downtown Flushing Residential Market Stats

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

Median Sale Price
$525,000
-13.7% YoY
Median Price/Sqft
$906
-11.9% YoY
Queens Median Sale Price
$612,000
6% YoY

Check out recently sold homes in Queens and see how their prices compare.

Risk

FEMA flood zone(s): AE (See more on map)
Hurricane evacuation zone: 1 (See more on map)

Transportation

Distance to Subway
Closest station Main St & Roosevelt Ave at SW Corner
Station lines 7
Distance (miles) 0.335
View subway map
Bus Routes
Name 41 Rd/College Pt Bl
Line Q58
Distance (miles) 0.123

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 20 John Bowne 6 Yes Public PK, K-5 1,033 0.60
P.S. 20 John Bowne 6 Yes Public PK, K-5 1,033 0.60
St Michael's School NR No Private PK, K-8 269 0.45
St Michael's School NR No Private PK, K-8 269 0.45
The Active Learning Elementary School 10 No Public PK, K-3 438 0.47

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Jhs 189 Daniel Carter Beard 5 Yes Public 6-8 617 0.92
St Michael's School NR No Private PK, K-8 269 0.45
Shield Institute of Flushing NR No Private 0 0.72
St. Leo Elementary School NR No Private PK-8 312 0.77
Our Lady Of Sorrows School NR No Private PK-8 265 0.77

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Flushing High School 3 Yes Public 9-12 1,465 0.73
Shield Institute of Flushing NR No Private 0 0.72
Veritas Academy 4 No Public 9-12 630 0.74
Queens Academy High School 3 No Public 9-12 285 0.74
Queens High For Language Studies 6 No Public 9-12 435 0.76

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 131-40 40th Road, Flushing

Here are the neighbors for 131-40 40th Road, Flushing, NY 11354.

Address Square feet Purchase date Purchase price
41-28 College Point Blvd, Flushing 2,000 09/19/2008
41-30 College Point Blvd, Flushing 10/17/1994
40-70 College Point Blvd, Flushing 5,280 12/12/2019 $3,750,000
131-65 41st Ave, Flushing 4,096 12/12/2019 $6,895,000
131-06 40th Rd, Flushing 4,565 10/30/2006
44-22 College Point Blvd, Flushing 12/31/2017
41-09 150th St, Flushing 2,800 07/23/2014
41-20 College Point Blvd, Flushing 2,000 07/19/2018
41-58 College Point Blvd, Flushing 7,760 12/09/2021 $4,700,000
41-20 A College Point Blvd, Flushing 2,000 05/17/2018
131-59 41st Ave, Flushing 950 12/12/2019 $3,750,000
41-34 - 41-36 A College Point Blvd, Flushing 10/17/1994
44-32 College Point Blvd, Flushing 2,400 12/31/2017
131-63 41st Ave, Flushing 1,200 12/12/2019 $6,895,000
41-41 150th St, Flushing 1,800 02/17/1995
147-45 Barclay Ave, Flushing 24,840
131-57 41st Ave, Flushing 950 12/12/2019 $750,000
147-10 41st Ave, Flushing 112,713 01/01/2026
41-20 Murray St, Flushing 6,912
Not sure if we cover all the data-points you need? View sample full report View sample full report