RealtyLens
for saleRealtyLens property overview
$1,100,000

48-40 39th St

Long Island City, NY, 11104
View more Long Island City, NY property pages
3Beds
1.75Baths
1,725Sqft
$638$/sqft

Listing Notes

Welcome to this charming well-maintained 3-story, single-family home nestled in the heart of Long Island City, Queens! The walk-in level features a convenient 3/4 bathroom. On the main level, you'll find a bright and inviting living room, a formal dining area, and a well-appointed kitchen. The top floor includes 3 generously sized bedrooms along with a full bathroom. This home also includes a fully finished basement, offering additional space to suit your needs. A private driveway and built-in garage ensure easy parking and added convenience. Ideally located near major highways for a smooth commute, and just moments away from a variety of restaurants, shops, and everyday essentials! Close to LaGuardia Community College!

Market Insights

Below nearby median-20%

$638/sqft vs a nearby median of $797/sqft.

Nearby median$797/sqft
Nearby properties12
Property size1,725 sqft
  • -20% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,725 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.39M$1.26M$1.51M · 50% confidence
vs ask $1.10M−$289k (−26.3%)

Asking price is about 26.3% below the fair value — likely to draw competing offers if it's still on market.

$797/sqft median across 8 tight comps × 1,725 sqft= $1.38M
  • Pre-war character+$34k +2.5%
  • Visible condition issues−$27k −2.0%
  • Transit access+$7k +0.5%
Cumulative NYC adjustments+$14k+1.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-20% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
12 days
Last price change
No change recorded
Listed
Apr 30, 2026
Photos
8 photos
Property type
single family
Status
for sale
Last sold
Dec 22, 1995 · $171,500
Garage
1 space

Features & Amenities

Two Or More StoriesGarage 1 Or MoreBasementShopping

Photos

Price History

May 4, 2026Initial record
$1,100,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.