131-42 40th Road, Queens
Mixed use · 2 units · built 2007 · Block 5060, Lot 152.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $268,200
- 2026–27 tax
- $19,081
- Market value (city estimate)
- $596,000
- Taxable value
- $175,896
- Assessed land
- $126,450
- Assessed improvements
- $141,750
Tax breaks
- ICAP/ICIP exemption, through Jun 30, 2034, about $8,646 a year below the full tax.
Zoning
C4-2: floor area ratio 4.17 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).