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NYC Building Records · BBL 4004100009

40-29 21 STREET

Queens · Block 410 · Lot 9 · Office + commercial (Class O5)

40-29 21 STREET is a Class O5 (office + commercial) building in Queens (BBL 4004100009) built in 1922, with 2 residential units across 6 floors.

The building is in NYC community district 401, council district 26, zoning district M1-5A, on a 13,773-square-foot lot with a building footprint of 77,443 square feet.

The current registered owner of record per NYC PLUTO is 40-21 CORNERS, LLC.

The most recent ACRIS deed transfer for this BBL was recorded on June 29, 2022 when ELMS REALTY CORP. conveyed the property to 40-21 CORNERS, LLC for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).

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

40-21 CORNERS, LLC

Most recent deed

Last transferred on Jun 29, 2022 to 40-21 CORNERS, LLC.
Previous owner: ELMS REALTY CORP.
Cash sale: no recorded mortgage tied to this transfer.
🔒 See full deed history for this building →

Recent ACRIS documents (last 4)

DateTypeAmountParties
Sep 21, 2022MTGE$5.0MParties redacted — full names in MetroDeeds Scout+
Sep 21, 2022AGMT$20.0MParties redacted — full names in MetroDeeds Scout+
Jun 29, 2022DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
Feb 4, 2020MTGE$5.0MParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
2
Year built
1922
Class
O5
Borough
Queens
Zoning:
M1-5A
Lot size:
13,773 sqft
Building area:
77,443 sqft
Floors:
6
Assessed value:
$5.6M
Community district:
401
Council district:
26

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See full violation history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

4 documents in the last 5 years (most recent Sep 21, 2022).

Frequently asked questions about 40-29 21 STREET

Who owns 40-29 21 STREET?

The current registered owner of record for 40-29 21 STREET per NYC PLUTO is 40-21 CORNERS, LLC. The most recent ACRIS deed transfer for this BBL was recorded on June 29, 2022 when the property was conveyed to 40-21 CORNERS, 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 40-29 21 STREET last sold?

The most recent ACRIS deed transfer for 40-29 21 STREET was recorded on June 29, 2022, when ELMS REALTY CORP. conveyed the property to 40-21 CORNERS, LLC for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).

How many HPD violations does 40-29 21 STREET have?

No open HPD housing-maintenance code violations are on record for 40-29 21 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 40-29 21 STREET?

NYC Department of Finance assesses 40-29 21 STREET at $5.59M 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 40-29 21 STREET and what does that mean?

40-29 21 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.

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