RealtyLens
for saleRealtyLens property overview
$698,000

131-03 40th Rd Unit 16D

Flushing, NY, 11354
View more Flushing, NY property pages
1Beds
1Baths
659Sqft
$1059$/sqft

Market Insights

Below nearby median-13%

$1059/sqft vs a nearby median of $1216/sqft.

Nearby median$1216/sqft
Nearby properties12
Property size659 sqft
  • -13% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 659 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$773k$734k$812k · 90% confidence
vs ask $698k−$75k (−10.7%)

Asking price is about 10.7% below the fair value — likely to draw competing offers if it's still on market.

$1,222/sqft median across 8 tight comps × 659 sqft= $805k
  • Special flood hazard zone−$16k −2.0%
  • Sparse street life−$12k −1.5%
  • Virtually staged−$8k −1.0%
  • Transit access+$4k +0.5%
Cumulative NYC adjustments−$32k−4.0%

Property Read

FreshnessCurrent market data

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

Market Position-13% 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 Read1 item 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
21 days
Last price change
No change recorded
Listed
Apr 21, 2026
Photos
11 photos
Property type
condos
Status
for sale

Photos

Price History

May 4, 2026Initial record
$698,000for 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.