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for saleRealtyLens property overview
$399,000
87-22 51st Ave Unit 4H
Elmhurst, NY, 11373
View more Elmhurst, NY property pagesStudioBeds
1Baths
450Sqft
$887$/sqft
Market Insights
Above nearby median+91%
$887/sqft vs a nearby median of $464/sqft.
Nearby median$464/sqft
Nearby properties12
Property size450 sqft
- +91% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 450 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$208k$189k – $227k · 50% confidence
vs ask $399k+$191k (+47.9%)
Asking price is about 47.9% above where comps + adjustments land — there is room to negotiate.
$464/sqft median across 10 tight comps × 450 sqft= $209k
- Days-on-market gravity−$6k −3.0%
- Transit access+$5k +2.5%
Cumulative NYC adjustments−$1k−0.5%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
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
- 395 days
- Last price change
- No change recorded
- Listed
- Apr 12, 2025
- Photos
- 18 photos
- Property type
- condos
- Status
- for sale
Photos
Price History
May 4, 2026Initial record
$399,000for sale