40-21 159 STREET
40-21 159 STREET is a Class O5 (office + commercial) building in Queens (BBL 4052780009) built in 2009, with 6 residential units across 3 floors.
The building is in NYC community district 407, council district 20, zoning district R5B, on a 2,000-square-foot lot with a building footprint of 3,966 square feet.
The current registered owner of record per NYC PLUTO is CHAWI LLC.
The most recent ACRIS deed transfer for this BBL was recorded on March 3, 2025 when 4021 PLAZA LLC conveyed the property to CHAWI LLC for $3.59M. The transaction was financed with a $2.70M mortgage from New Millennium Bank.
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
Most recent deed
Activity timeline
Recent ACRIS documents (last 5)
Building stats
- Zoning:
- R5B
- Lot size:
- 2,000 sqft
- Building area:
- 3,966 sqft
- Floors:
- 3
- Assessed value:
- $411K
- Community district:
- 407
- Council district:
- 20
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 40-21 159 STREET
Who owns 40-21 159 STREET?
The current registered owner of record for 40-21 159 STREET per NYC PLUTO is CHAWI LLC. The most recent ACRIS deed transfer for this BBL was recorded on March 3, 2025 when the property was conveyed to CHAWI 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 40-21 159 STREET last sold?
The most recent ACRIS deed transfer for 40-21 159 STREET was recorded on March 3, 2025, when 4021 PLAZA LLC conveyed the property to CHAWI LLC for $3.59M. The transaction was financed with a $2.70M mortgage from New Millennium Bank.
How many HPD violations does 40-21 159 STREET have?
No open HPD housing-maintenance code violations are on record for 40-21 159 STREET. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.
What is the assessed value of 40-21 159 STREET?
NYC Department of Finance assesses 40-21 159 STREET at $411K 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 40-21 159 STREET and what does that mean?
40-21 159 STREET is NYC building class O5 — Office + commercial. An office building with significant commercial space. 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.