131-48 40th Road, Queens
Three-family with store · built 2007 · Block 5060, Lot 149.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $994,500
- 2026–27 tax
- $77,571
- Market value (city estimate)
- $2,210,000
- Taxable value
- $623,610
- Assessed land
- $68,400
- Assessed improvements
- $926,100
Zoning
C4-2: floor area ratio 3.73 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 X, minimal flood hazard.
Recent sales
- Dec 19, 2025: $2,350,000
Open-market sales since 2016, from the Department of Finance’s sales files.