NYC property data › Queens › Astoria & Long Island City › 11-11 40 Avenue

11-11 40 Avenue

Astoria & Long Island City, Queens · Commercial & office · BBL 4004730548

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1Units
1Floors
15,000Building sq ft
7,500Lot sq ft
1916Year built
M1-3Zoning
2.00 of 6.50Built FAR
$4.5M · 2021Last sale
11DOB permits
0Open violations

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Sales history

RecordedDocumentAmount
2021-11-12Deed$4,500,000
2019-05-17Deednot recorded
2018-02-21Deed$10,500,000
2004-07-23Deed$2,500,000
1999-04-26Deednot recorded
1996-06-11Deednot recorded
1992-12-30Deednot recorded
1974-07-12Deednot recorded
1974-07-12Deednot recorded
1967-06-30Deednot recorded
1966-09-20Deednot recorded

Source: NYC ACRIS. A $0 amount means the deed records no consideration — common on estate, correction and in-family transfers, and not a sale price of zero.

Recent DOB permits

IssuedTypeWork
2025-07-02Initial PermitConstruction Fence
2025-06-18Initial PermitGeneral Construction
2025-06-10Initial PermitStructural
2025-05-15Initial PermitMechanical Systems
2022-09-16Initial PermitPlumbing

Source: DOB NOW approved permits, which covers 2017 onward. 11 permits on file for this lot.

Owner debt & loan position

The most recent open mortgage recorded against this lot, when it was recorded, and how far into its term it is.

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Refi radar

The most recent mortgage recorded against this parcel was $1.5M from FIELDPOINT PRIVATE BANK & TRUST in June 2022. On a typical 5-year term that is 8 months to estimated maturity.

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Estimated maturity. ACRIS publishes recording dates, not maturity dates — these are the recorded date plus a typical term for the asset and lender type, not the borrower’s actual loan terms. Crezly is not a loan broker, does not negotiate terms, and is not paid on closing.

Who finances deals like this

The lenders with the most recorded office mortgages in Queens since 2021, from public ACRIS filings.

  1. Crane, Paul A — 2 loans, typically $225K–$900K
  2. Union Street Lender LLC — 3 loans, typically $1.5M–$38.74M
  3. Argentic Real Estate Investment LLC — 3 loans, typically $430K–$5.67M
  4. Sm Finance Ii LLC — 2 loans, typically $13.82M–$55.93M
  5. Acore Capital Mortgage, LP — 2 loans, typically $24M–$31.31M
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Other lots on this block

Recent sales in Astoria & Long Island City

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Development & air rights

31% Underbuilt — built floor area as a share of the estimated as-of-right maximum

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Estimated from NYC PLUTO zoning data. This is not a zoning analysis — confirm with a zoning attorney or architect before relying on it. As-of-right only: excludes bonuses, air-rights transfers and variances.

Compiled from NYC Open Data: PLUTO (lot and building attributes), ACRIS (deeds and mortgages), DOB NOW (permits) and HPD (violations). Public record, presented as recorded; Crezly does not warrant it. BBL 4004730548 · data refreshed 2026-10-24