RealtyLens
for saleRealtyLens property overview
$268,000

61-40 Saunders St Unit A12

Rego Park, NY, 11374
View more Rego Park, NY property pages
1Beds
1Baths
800Sqft
$335$/sqft

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

Below nearby median-18%

$335/sqft vs a nearby median of $407/sqft.

Nearby median$407/sqft
Nearby properties8
Property size800 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

Yardstick fair value$359k$325k$393k · 45% confidence
vs ask $268k−$91k (−34.0%)

Asking price is about 34.0% below the fair value — likely to draw competing offers if it's still on market.

$437/sqft median across 4 tight comps × 800 sqft= $350k
  • Transit access+$9k +2.5%
  • Pre-war character+$9k +2.5%
  • Visible condition issues−$5k −1.5%
  • Days-on-market gravity−$3k −1.0%
Cumulative NYC adjustments+$9k+2.5%

Property Read

FreshnessVerification recommended

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

Market Position-18% 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 Read3 items 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
98 days
Last price change
No change recorded
Listed
Feb 3, 2026
Photos
16 photos
Property type
coop
Status
for sale

Features & Amenities

BasementTwo Or More StoriesRental PropertyDenShopping NearbyMaintenanceShopping

Photos

Price History

May 4, 2026Initial record
$268,000for 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.