Shopping center · Flushing, Queens
31-06 Farrington Street
Flushing, NY 11354
31-06 Farrington Street is a 1-floor shopping center in Flushing, Queens, built in 1973, with about 56,000 square feet of retail space according to city records.
Also at 31-06 to 31-22 Farrington Street.
- Retail space
- 56K SF
- Floors
- 1
- Year built
- 1973
- Zoning
- M2-1
The 5th largest of the 11 retail buildings we track in Flushing. Compare it with 6 neighbors
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Compared with its neighbors
How 31-06 Farrington Street compares
Next to the 6 nearest large retail buildings, all within a 12 minute walk, 31-06 Farrington Street ranks 3rd of 7 by retail floor area. It went up in 1973; the median neighbor dates from 1960. Its estimated property tax, about $14.50 a square foot of floor area before abatements, is above the neighbors' median of $10.40.
| Building | Retail space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 31-06 Farrington Street | 56K SF | 1 | 1973 | $14.50 | n/a |
| 31-35 Downing Street | 46K SF | 2 | 1940 | $11.71 | Jul 2011, $5.5M (3 lots) |
| 33-37 Farrington Street | 46K SF | 2 | 1966 | $7.23 | Feb 2024, $23.1M |
| 28-12 Union Street | 38K SF | 1 | 1954 | $17.85 | n/a |
| 31-44 125th Street | 134K SF | 1 | 2000 | $9.09 | n/a |
| 37-13 Main Street | 45K SF | 1 | 1953 | $12.14 | n/a |
| 136-29 37th Avenue | 61K SF | n/a | 2025 | $0.61 | n/a |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other address
- 31-06 to 31-22 Farrington Street
- ZIP code
- 11354
- Building type
- Shopping center (city class K6)
- Total floor area
- 56,330 SF
- Commercial floor area
- 56,330 SF
- Retail
- 56,330 SF
- Height
- 1 floor
- Year built
- 1973
- Last major alteration
- 1999
- Lot area
- 165,164 SF
- Zoning district
- M2-1
- Built FAR
- 0.34
- Max commercial FAR
- 2
- Tax lot (BBL)
- 4044060032
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered one storefront at 31-06 Farrington Street for December 31, 2025, the newest annual filing the city has published, and it was not vacant that day.
- Storefronts registered for December 31, 2025
- 1
- Vacant that day
- 0
- Share vacant across Flushing
- 6.4%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Need a storefront in Flushing? Get matchedNYC storefront vacancy report
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2025 filing was due June 1, 2026, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
Property tax and assessed value
For tax year 2026/27 the city values 31-06 Farrington Street at $17.7 million and assesses it at $7.95 million. After phase-ins and exemptions its taxable value is $7.53 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $816,688 a year before abatements, roughly $14.50 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $17,673,000
- Land market value
- $8,258,000
- Assessed value
- $7,952,850
- Taxable value (phased in)
- $7,528,470
- Estimated yearly tax
- About $816,688
- Tax per SF of floor area
- About $14.50
City market value by tax year
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Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll), pulled 2026-10-16; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
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NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 31-06 Farrington Street in the 12 months to October 2026; the last one was first permitted in November 2023.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- November 2023
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across FlushingWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
No retail space listed in Flushing yet
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Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
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Questions about 31-06 Farrington Street
How big is 31-06 Farrington Street?
31-06 Farrington Street has about 56,000 square feet of floor area in total, including 56,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 31-06 Farrington Street built?
City records list 1973 as the year built, with a major alteration recorded in 1999. The building is 1 floor tall.
What other addresses does 31-06 Farrington Street have?
City records list 31-06 to 31-22 Farrington Street on the same tax lot (BBL 4044060032) as 31-06 Farrington Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 31-06 Farrington Street?
31-06 Farrington Street is in ZIP code 11354, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 31-06 Farrington Street, Flushing, NY 11354.
What is the zoning at 31-06 Farrington Street?
The lot is in the M2-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.34 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 31-06 Farrington Street?
The closest subway station to 31-06 Farrington Street is Flushing-Main St (the 7 train), about 0.7 miles away in a straight line, roughly 14 minutes on foot. The MTA lists it as an accessible station. Walking times are straight-line estimates; the street route is longer.
Is there construction at 31-06 Farrington Street?
The Department of Buildings issued no permits for new jobs at 31-06 Farrington Street in the 12 months to October 2026; the last one was first permitted in November 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 4044060032. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at 31-06 Farrington Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $7.53 million for 31-06 Farrington Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $816,688 a year, roughly $14.50 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4044060032 show the actual bill.
What is the assessed value of 31-06 Farrington Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 31-06 Farrington Street at $17.7 million ($8.26 million of it land) and its assessed value at $7.95 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 3% from 2022/23 ($18.1 million) to 2026/27.
Are there vacant storefronts at 31-06 Farrington Street?
Owners registered one storefront at 31-06 Farrington Street for December 31, 2025, the newest annual filing the city has published, and it was not vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.
Is there retail space for lease at 31-06 Farrington Street?
No space at 31-06 Farrington Street is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
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