The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$698,000
131-03 40th Rd Unit 16D
Flushing, NY, 11354
View more Flushing, NY property pages1Beds
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
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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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