31-35 Downing Street

31-35 Downing Street has about 46,000 square feet of floor area in total, including 46,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1940 as the year built, with a major alteration recorded in 2017. The building is 2 floors tall.

City records list 31-01 to 31-09 Downing Street, 31-13 to 31-39 Downing Street, 31-34 Ulmer Street, 31-38 Ulmer Street and 31-42 to 31-48 Ulmer Street on the same tax lot (BBL 4044060028) as 31-35 Downing Street. A space listed on Leasemark at any of these addresses shows up on this page.

31-35 Downing 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 31-35 Downing Street, Flushing, NY 11354.

The lot is in the M2-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.31 and a maximum commercial FAR of 2 for this lot.

The closest subway station to 31-35 Downing 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.

The NYC Department of Finance's 2026/27 assessment roll lists DOWNING STREET REALTY LLC as the owner of record of 31-35 Downing Street (BBL 4044060028). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

31-35 Downing Street last sold in July 2011 in a $5.5 million sale that covered 3 tax lots, this one among them, according to the deed recorded with the city. 12-10 THIRTIETH AVE. CORP, 12-10 THIRTIETH AVENUE CORP. and others sold it to DOWNING STREET REALTY LLC. The deed is ACRIS document 2011081601183001 (BBL 4044060028) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.

31-35 Downing Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 144.6 kBtu per square foot, 3.8 times the national median of 37.6 for a similar property. Its greenhouse gas emissions were about 676 metric tons of CO2e (14.47 kg per square foot).

The Department of Buildings issued no permits for new jobs at 31-35 Downing 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 4044060028. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $4.95 million for 31-35 Downing Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $537,337 a year, roughly $11.71 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4044060028 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 31-35 Downing Street at $12.7 million ($2.1 million of it land) and its assessed value at $5.72 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 32% from 2022/23 ($9.65 million) to 2026/27.

No space at 31-35 Downing 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.