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131-32 40 Road, Queens

Queens • Block 05060 • Lot 0056 • Zip: 11354

Address

Primary address: 131-32 40 Road, Queens
Borough: Queens
Zip code: 11354
Block: 05060
Lot: 0056
BBL: 4050600056
Unified address ID: 4050600056

Land use and zoning

Land use: Commercial & Office Buildings
Zoning: C4-2 (Commercial)
Lot type: Inside
Lot area: 1,200 sq ft
Lot dimensions: 20 ft x 60 ft
Built FAR: 4.8
Max residential FAR: 2.43
Max commercial FAR: 3.4
Max facility FAR: 4.8
School district: 25
Flood hazard: In the 2015 preliminary FEMA flood hazard area

Building

Building class: Hotels - Limited Service – Many Affiliated with National Chain (H3)
Year built: 2025
Last altered: 2025
Floors: 12
Total units: 20
Residential units: 3
Building area: 5,758 sq ft
Basement: None/No Basement
Owner: 40TH ROAD REALTY GROUP LLC

Latest assessment

Assessment year: 2018/19
Tax class: All Others
Market value: $208,000
Total assessment: $93,600
Land assessment: $93,600
Exempt total: $0
Assessment owner: FORTY REALTY INC

Neighborhood

The area this lot falls inside, and the commute Hoodkit measures from it.

Neighborhood Flushing
District Queens

Getting around

Estimated 7 days ago
Nearest station

About 25 minutes on foot · 1,743 m

  • Grand Central 57 min 25 walking, 32 riding
  • Times Square 60 min 25 walking, 35 riding
  • Penn Station 66 min 25 walking, 41 riding
  • Union Square 68 min 25 walking, 43 riding
  • Fulton Street 74 min 25 walking, 49 riding
  • Downtown Brooklyn 78 min 25 walking, 53 riding

Around this address

Transit and places within 0.5 miles of the lot.

Activity

Sales, filings, permits and violations from every dataset, in one order.

2021

  1. Sale Feb 22, 2021 $9,000,000

    Changed hands

    131-32 40TH ROAD

2003

  1. Sale Nov 20, 2003 $250,000

    Changed hands

    13132 40 ROAD

2002

  1. DOB filing Oct 2, 2002 $0

    Demolition

  2. Permit issued Aug 14, 2002

    DM

    NEPTUNE INC.

  3. Permit issued May 2, 2002

    EQ / EQ

    NEPTUNE INC.

Property Contacts

Contact information aggregated from multiple government sources

2

Building Permits

Owner information from Department of Buildings filings

Owner
UB DEVOPMENT INC
CHIN LEE
4

Deed Records

Parties from ACRIS deed and mortgage records

PARTY ONE
420 GREAT NECK ROAD
GREAT NECK, NY, 11021
MORTGAGEE/LENDER
9315 BELLAIRE BLVD
HOUSTON, TX, 77036
PARTY TWO
600 MADISON AVENUE, 17TH FLOOR
NEW YORK, NY, 10022
ASSIGNOR/OLD LENDER
600 MADISON AVENUE, 17TH FLOOR
NEW YORK, NY, 10022
PARTY 1
220 EAST 42ND STREET, 24TH FLOOR
NEW YORK, NY, 10017
GRANTEE/BUYER
C/O: JAY LAU, ESQ.
40 CUTTER MILL ROAD, SUITE 504
GREAT NECK, NY, 11021
GRANTOR/SELLER
845 UNITED NATIONS PLAZA
UNIT 80C
NEW YORK, NY, 10017
GRANTEE/BUYER
131-63 40TH ROAD
FLUSHING, NY, 11354
GRANTOR/SELLER
131-32 40TH ROAD
FLUSHING, NY, 11354
GRANTOR/SELLER
131-32 40TH ROAD
FLUSHING, NY, 11354
5

Property Records

Owner information from assessment and PLUTO records

Assessment Owner
PLUTO Owner