40-20 217 STREET
40-20 217 STREET is a Class B1 (two-family brick) building in Queens (BBL 4063040016) built in 2022, with 2 residential units across 2 floors.
The building is in NYC community district 411, council district 19, zoning district R3X, on a 4,000-square-foot lot with a building footprint of 3,184 square feet.
The current registered owner of record per NYC PLUTO is FORTUNE REALTY 88 LLC.
The most recent ACRIS deed transfer for this BBL was recorded on April 22, 2024 when FOREVER DEVELOPMENT LLC conveyed the property to FORTUNE REALTY 88 LLC for $2.17M. The transaction was financed with a $1.54M mortgage from Interstate Home Loan Center, Inc.; Mortgage Electronic Registration Systems, Inc..
The building is registered with NYC HPD's landlord-registration system and has no open HPD housing-maintenance code violations on record as of May 18, 2026.
Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.
Owner of record
HPD registered contacts
- Head OfficerRONG ZHANG
- Corporate OwnerFORTUNE REALTY 88 LLC
- Site ManagerAARON ZHANG
Most recent deed
Recent ACRIS documents (last 4)
Building stats
- Zoning:
- R3X
- Lot size:
- 4,000 sqft
- Building area:
- 3,184 sqft
- Floors:
- 2.25
- Assessed value:
- $87K
- Community district:
- 411
- Council district:
- 19
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 40-20 217 STREET
Who owns 40-20 217 STREET?
The current registered owner of record for 40-20 217 STREET per NYC PLUTO is FORTUNE REALTY 88 LLC. The most recent ACRIS deed transfer for this BBL was recorded on April 22, 2024 when the property was conveyed to FORTUNE REALTY 88 LLC. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.
When was 40-20 217 STREET last sold?
The most recent ACRIS deed transfer for 40-20 217 STREET was recorded on April 22, 2024, when FOREVER DEVELOPMENT LLC conveyed the property to FORTUNE REALTY 88 LLC for $2.17M. The transaction was financed with a $1.54M mortgage from Interstate Home Loan Center, Inc.; Mortgage Electronic Registration Systems, Inc..
How many HPD violations does 40-20 217 STREET have?
No open HPD housing-maintenance code violations are on record for 40-20 217 STREET as of May 18, 2026. The building is registered with NYC HPD's landlord-registration system. HPD violation data is pulled daily from the NYC Open Data violations feed.
What is the assessed value of 40-20 217 STREET?
NYC Department of Finance assesses 40-20 217 STREET at $87K for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.
What building class is 40-20 217 STREET and what does that mean?
40-20 217 STREET is NYC building class B1 — Two-family brick. A two-family residential building of brick construction, typically owner-occupied. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.