NY Property Records

25-03 40 Avenue
Queens · Queens County · 11101

04 · Mixed Res & CommercialSold $1,850,000 · Nov 2019 ↗
Owner of record
Owner2503 Lic Inc
Assessment · 2025 roll
Land assessed$54,000
Total assessed$323,550
Est. annual tax$18,432 (2027, excl. special districts)
Building
StylePrimarily Four Family with Store or Office
Year built1930
Living area2,820 sq ft
Lot
Size0.02 acres (GIS)
Frontage × depth20 × 50 ft
Lot sq ft1,000
Zoning
DistrictM1-2/R5D
Special districtLIC
FAR4.58 built · 2.0 max residential · 2.0 max commercial · 2.0 max facility
Zoning map9b
Recorded documents · 17
ASSIGNMENT OF LEASES AND RENTS $1,665,000 Dec 9, 2019
assignor 2503 Lic Inc
assignee Royal Business Bank
View on ACRIS ↗
DEED $1,850,000 Dec 9, 2019
grantor/seller Stathes, Milton; Stathis, Michael
grantee/buyer 2503 Lic Inc
View on ACRIS ↗
MORTGAGE $1,665,000 Dec 9, 2019
mortgagor/borrower 2503 Lic Inc
mortgagee/lender Royal Business Bank
View on ACRIS ↗
Show all 17
SATISFACTION OF MORTGAGE Dec 9, 2019
mortgager/borrower Stathes, Milton; Stathis, Michael
mortgagee/lender Investors Bank; Marathon National Bank Of New York
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R Dec 9, 2019
party one Investors Bank; Marathon National Bank Of New York
party two Stathes, Milton; Stathis, Michael
View on ACRIS ↗
MORTGAGE $265,000 Sep 13, 2003
mortgagor/borrower Stathes, Milton; Stathis, Michael
mortgagee/lender Marathon National Bank Of New York
View on ACRIS ↗
DEED, OTHER $365,000 Sep 13, 2003
grantor Reich, David; Reich, Lourdes
grantee Stathes, Milton; Stathis, Michael
View on ACRIS ↗
SATISFACTION OF MORTGAGE Sep 13, 2003
mortgager/borrower Reich, David; Reich, Lourdes
mortgagee/lender Ryan, John J
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS Sep 13, 2003
assignor Marathon National Bank Of New York
assignee Stathes, Milton; Stathis, Michael
View on ACRIS ↗
POWER OF ATTORNEY Sep 13, 2003
party one Reich, Lourdes
party two Fokas, Marcia E
View on ACRIS ↗
POWER OF ATTORNEY Sep 13, 2003
party one Reich, David
party two Fokas, Marcia E
View on ACRIS ↗
DEED May 21, 1999
grantor/seller Ryan, John J
grantee/buyer Reich, David; Reich, Lourdes
View on ACRIS ↗
MORTGAGE $110,000 May 21, 1999
mortgagor/borrower Reich, David; Reich, Lourdes
mortgagee/lender Ryan, John J
View on ACRIS ↗
SATISFACTION OF MORTGAGE May 26, 1989
mortgager/borrower Ryan, John J. Etal
mortgagee/lender Lum, Gon Shang Etal
View on ACRIS ↗
DEED Jul 10, 1974
grantor/seller Lum Gon Shang; Lum Ngan Oy
grantee/buyer John J Ryan
View on ACRIS ↗
MORTGAGE Jul 10, 1974
mortgagor/borrower Ryan John J
mortgagee/lender Gon Shang Lum; Ngan Oy Lum
View on ACRIS ↗
DEED Apr 8, 1970
grantor/seller Shang Lem G
grantee/buyer Gon Shang Lum; Ngan Oy Lam
View on ACRIS ↗
DOB complaints — total 5 · open 0 · closed 5
Storefront/sign/awning/marquee – illegal Closed Mar 29, 2023
Complaint 4919222
View on BIS ↗
Permit – none (building/PA/demolition) Closed Apr 23, 2020
Complaint 4809767
View on BIS ↗
Permit – none (building/PA/demolition) Closed Feb 14, 2020
Complaint 4804755
View on BIS ↗
Show all 5
Unlicensed/illegal activity Closed Aug 17, 2017
Complaint 4703024
View on BIS ↗
Category 4B Closed Jul 8, 2015
Complaint 4624208
View on BIS ↗
No HPD violations on file.
Deed & identifiers
SBL4003960101
SWIS630100
Parcel ID6301004003960101

Who owns 25-03 40 Avenue?

25-03 40 Avenue, Queens is owned by 2503 Lic Inc per the 2025 NYS assessment roll. It last sold for $1,850,000 in Nov 2019.
Public record, NYS tax roll 2025. Values are the assessor's, not an appraisal. Provided for informational purposes only — accuracy and completeness are not warranted or guaranteed; verify against official sources before relying on it. Disclaimer · Request redaction

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