The page is useful for research, but the status and price should be verified before acting.
for saleRealtyLens property overview
$1,599,000
131-03 40 Rd Ph 2G
Flushing, NY, 11354
View more Flushing, NY property pages3Beds
2Baths
1,411Sqft
$1133$/sqft
Market Insights
Below nearby median-11%
$1133/sqft vs a nearby median of $1277/sqft.
Nearby median$1277/sqft
Nearby properties8
Property size1,411 sqft
- -11% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,411 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.83M$1.73M – $1.93M · 85% confidence
vs ask $1.60M−$227k (−14.2%)
Asking price is about 14.2% below the fair value — likely to draw competing offers if it's still on market.
$1,314/sqft median across 7 tight comps × 1,411 sqft= $1.85M
- Special flood hazard zone−$37k −2.0%
- Transit access+$9k +0.5%
Cumulative NYC adjustments−$28k−1.5%
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.
Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read
Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.
Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 5 days
- Last price change
- No change recorded
- Listed
- May 7, 2026
- Photos
- 30 photos
- Property type
- condos
- Status
- for sale
Photos
Price History
May 8, 2026Initial record
$1,599,000for sale