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61-40 Saunders St Unit A12
Listing Notes
A garden-style building located on a tranquil, tree-lined street in the heart of Rego Park. The unit is on the 2nd Floor with approximately 800 square feet. Conveniently close to Costco and Macy's Shopping Mall. Walking distance to the M&R subway lines. Suitable for both rental income and owner occupancy, a great option for either living or investment. Located in the Prime 28 school district. Apartment can be sublet immediately, owners pay a 15% subletting fee on the maintenance charges.
Market Insights
$335/sqft vs a nearby median of $407/sqft.
- -18% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 800 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 34.0% below the fair value — likely to draw competing offers if it's still on market.
- Transit access+$9k +2.5%
- Pre-war character+$9k +2.5%
- Visible condition issues−$5k −1.5%
- Days-on-market gravity−$3k −1.0%
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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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 98 days
- Last price change
- No change recorded
- Listed
- Feb 3, 2026
- Photos
- 16 photos
- Property type
- coop
- Status
- for sale