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for saleRealtyLens property overview
$399,000
140-04 123rd Ave
Jamaica, NY, 11436
View more Jamaica, NY property pages2Beds
1Baths
890Sqft
$448$/sqft
Listing Notes
Two-bedroom colonial on a corner parcel with a full basement and great potential. This unique opportunity boasts close proximity to parks, parkways, schools, stores, and other area conveniences. The home is being sold in its current condition with occupants. The sale is subject to third-party approval (short sale).
Market Insights
Below nearby median-11%
$448/sqft vs a nearby median of $501/sqft.
Nearby median$501/sqft
Nearby properties4
Property size890 sqft
- -11% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 890 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$417k$383k – $451k · 58% confidence
vs ask $399k−$18k (−4.5%)
Asking price is about 4.5% below the fair value — likely to draw competing offers if it's still on market.
$501/sqft median across 3 tight comps × 890 sqft= $446k
- Transit access−$13k −3.0%
- Days-on-market gravity−$13k −3.0%
- Pre-war character+$11k +2.5%
- Sparse street life−$7k −1.5%
- Visible condition issues−$7k −1.5%
Cumulative NYC adjustments−$29k−6.5%
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.
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Listing Details
- Days on market
- 146 days
- Last price change
- No change recorded
- Listed
- Dec 17, 2025
- Photos
- 6 photos
- Property type
- single family
- Status
- for sale
Features & Amenities
Corner LotDining RoomBasementTwo Or More StoriesRental PropertyPark
Price History
May 4, 2026Initial record
$399,000for sale