# 131-48 40th Road, Queens

Three-family with store · built 2007 · Block 5060, Lot 149.

On Umarelli: https://umarelli.org/nyc/4050600149/131-48-40-road

More construction in Flushing: https://umarelli.org/nyc/queens/flushing.md

Every lot on block 5060: https://umarelli.org/nyc/queens/5060.md

## 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.

## Recent sales

- Dec 19, 2025: $2,350,000

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

## 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.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology