131-02 40th Road, Queens
Hotel · built 2020 · Block 5066, Lot 151.
Building permits
- New Building, filed Jan 3, 2022, estimated cost $42K, 1 story, described as “New 1 story site services utility structure.”
- Alteration, filed Sep 24, 2026, estimated cost $10K, described as “Proposed site-specific engineered enclosure system (ssees) at east-facing balconies of adjacent north & south residentialtowers during new building construction alternate adjoining property protection pursuant to bc 3309.15.”
- Alteration, filed Aug 20, 2026, estimated cost $7K, described as “Proposed temporary installation of contractor sheds/ shanties at 1st & 2nd floor as per BC 3303.16 to be used as temporary offices during construction of New Building filed under 421405642. No change in use, egress and/or occupancy with…”
- Alteration, filed Jun 16, 2026, estimated cost $1K, described as “Application for the installation and use of mini-crane as per plans filed herein. No change in egress, use, or occupancy.”
- Alteration, filed Jun 16, 2026, estimated cost $1K, described as “Application for the installation and use of mini-crane as per plans filed herein. No change in egress, use, or occupancy.”
- Alteration, filed May 20, 2026, estimated cost $2K, described as “Installation of new sprinkler & Standpipe system filed in conjunction with NB # 421405642”
- Alteration, filed Apr 15, 2026, estimated cost $1K, described as “Installation of dual material hoist in accordance with nycc 2022 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed Apr 1, 2026, estimated cost $1K, described as “Hereby filing for new temporary standpipe alarm system as per local law 63&64 of 2009. This application is filed in conjunction with NB application# 421405642”
- Alteration, filed Dec 18, 2025, estimated cost $5K, described as “Temporary installation of mobile office trailer for construction use per plan submitted. No change to use, egress and/or occupancy with this filing.”
- Alteration, filed Nov 19, 2025, described as “Installation of temporary construction fence per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Nov 5, 2025, described as “Installation of temporary heavy duty sidewalk shed per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Oct 25, 2023, estimated cost $5K, described as “Proposed 30 ft wide one-way egress driveway associated with two residential towers, parking garage, and commercial tower.”
- Alteration, filed Aug 27, 2023, estimated cost $10K, described as “Propose partial demolition to remove a portion of as-built 1st floor slab per indicated on plan. This is to accommodate the latest approved NB design layout (Refer NB & Fence application #421405642 Commercial Tower). No change in use,…”
- Alteration, filed Aug 1, 2023, estimated cost $50K, described as “Install new gas meters & gas service in 1-story site utility house as per plan. This gas meters are servicing all gas fixtures & equipments 3 towers on site, which comprises north tower Q00599217, south tower Q00599331, commercial tower…”
- Alteration, filed Jun 29, 2023, estimated cost $50K, described as “Install new gas and water service as per plan. There is no change of use, egress or occupancy filed under this application.”
- Alteration, filed Jun 29, 2023, estimated cost $5K, described as “Install mechanical system, no change of egress, use and occupancy”
- Alteration, filed Aug 29, 2022, estimated cost $1K, described as “Installation of temporary suspended scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Apr 27, 2022, estimated cost $75K, described as “Construction of internal water main associated with two residential towers, parking garage, and hotel.”
- Alteration, filed Apr 11, 2022, estimated cost $250K, described as “Construction of asphalt pavement, concrete curbing, concrete sidewalks, fencing, and associated site appurtenances for two residential towers, parking garage, and commercial towers.”
- Alteration, filed Nov 17, 2021, estimated cost $17K, described as “Installation of dual personnel/material hoist cars (7,000LB & 6,461LB) at the south building tower as per plans during construction. No change in use, egress or occupancy under this application.”
- Alteration, filed Nov 17, 2021, estimated cost $17K, described as “Installation of dual personnel/material hoist cars (7,000LB & 6,461LB) at the north building tower as per plans during construction. No change in use, egress or occupancy under this application.”
- Alteration, filed Oct 14, 2021, estimated cost $5K, described as “Installation of 300psf sidewalk shed as per plans, sidewalk shed shell comply with chapter # 33 of the 2014 code. No change in use eggress orocuupancy under this application.”
- Alteration, filed Sep 11, 2020, estimated cost $3.0M, described as “Install new plumbing,sprinkler and standpipe system in new 20-story residential north tower in conjunction with NB#421374881.no change in use,egress and occupancy.”
- Alteration, filed May 21, 2020, estimated cost $1.8M, described as “Installation of storm inlets, storm detention pipe with orifice structure, storm piping, sanitary piping, and sanitary manholes. Also included in the scope is the underground secondary gas piping from the meters to the buildings.”
- Alteration, filed Jan 20, 2020, estimated cost $1.0M, described as “Install new HVAC system in new 20-story residential north tower in conjunction with NB#421374881.no change in use,egress and occupancy.”
7 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $1,450,800
- 2026–27 tax
- $157,368
- Market value (city estimate)
- $3,224,000
- Taxable value
- $1,450,664
- Assessed land
- $1,450,800
Zoning
C4-2: floor area ratio 12.47 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
- Oct 21, 2025: $32,000,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- Change to an earlier grant (Board of Standards and Appeals 2016-4340-BZIV): Change to an earlier grant, Granted, filed Nov 12, 2025, decided Feb 9, 2026. Extension of Time to Complete Construction and Obtain a Certificate of Occupancy for a previously approved Special Permit (§73-66) to permit the construction of a new building in excess of height limits established pursuant to ZR §61-21…
- Change to an earlier grant (Board of Standards and Appeals 2016-4340-BZIII): Change to an earlier grant, Granted, filed Nov 25, 2020, decided May 10, 2021. Amendment of a previously approved Special Permit (§73-66) to permit the construction of a new building in excess of the height limits established under ZR §61-21. The amendment seeks to increase the height of the building contrary to the…
- Variance or special permit (Board of Standards and Appeals 2016-4340-BZ): Variance or special permit, Granted, filed Nov 23, 2016, decided Feb 13, 2018. Special Permit (§73-66) to permit the construction of a new building in excess of the height limits established under ZR 61-21. C4-2 zoning district.
In the news
Renderings Revealed for Flushing Point Plaza at 131-02 40th Road in Flushing, Queens, New York YIMBY, Aug 26, 2020.