131-28 40th Road, Queens

Hotel · built 2025 · Block 5060, Lot 53.

Building permits

Property taxes

Assessment
$146,250
2026–27 tax
$11,355
Market value (city estimate)
$325,000
Taxable value
$104,670
Assessed land
$146,250

Zoning

C4-2: floor area ratio 4.79 built, above the 3.40 base zoning allows, which bonuses, transfers or older rules can permit.

Flood zone

Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 14 ft (NGVD29). FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 12 ft (NAVD88).

Recent sales

Open-market sales since 2016, from the Department of Finance’s sales files.

In the news

131-28 40th Road Nears Topping Out in Flushing, Queens, New York YIMBY, Sep 8, 2025.

More construction in Flushing

Umarelli: construction in New York City and Jersey City