NYC property data › Queens › Flushing, Whitestone & College Point › 131-72 40th Road

131-72 40th Road

Flushing, Whitestone & College Point, Queens · Commercial & office · BBL 4050600037

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1Units
6Floors
90,902Building sq ft
12,300Lot sq ft
2019Year built
C4-2Zoning
7.39 of 4.80Built FAR
2019Last sale
15DOB permits
0Open violations

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Sales history

RecordedDocumentAmount
2019-05-30Deednot recorded
2016-05-13Deed$15,000,000
2007-10-01Deednot recorded
2003-11-21Deed (other)$470,000
2003-02-07Deed (other)$120,000
1994-07-15Deednot recorded
1991-04-22Deednot recorded
1990-04-16Deednot recorded
1990-04-16Deednot recorded
1986-12-30Deednot recorded
1986-12-30Deednot recorded
1969-07-02Deednot 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
2026-06-05Initial PermitSign
2026-06-05Initial PermitSign
2026-06-05Initial PermitSign
2024-12-02Initial PermitStructural
2024-06-10Initial PermitGeneral Construction

Source: DOB NOW approved permits, which covers 2017 onward. 15 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 $5.05M from CITY OF NEW YORK in August 2023. On a typical 2-year term that is 15 months past 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 Flushing, Whitestone & College Point

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Development & air rights

154% Utilization — 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 4050600037 · data refreshed 2026-10-24