RealtyLens
for saleRealtyLens property overview
$1,599,000

131-03 40 Rd Ph 2G

Flushing, NY, 11354
View more Flushing, NY property pages
3Beds
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

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-11% 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
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

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.