RealtyLens
for saleRealtyLens property overview
$658,000

131-05 40th Rd Unit 15D

Flushing, NY, 11354
View more Flushing, NY property pages
1Beds
1Baths
678Sqft
$971$/sqft

Listing Notes

High-floor 1-bedroom, 1-bath apartment available for rent in the highly sought-after Grand building, located in the heart of Flushing. This home offers a smart, spacious layout, a large private balcony, and stunning city views, along with a walk-in closet for added convenience. Prime Location: Just 2 blocks from the 7 train, LIRR, and multiple bus lines Direct access to Skyview Center Mall for everyday shopping and dining Minutes from Citi Field, home of the New York Mets Apartment Features: Premium European finishes throughout: hardwood floors, custom cabinetry, granite countertops, built-in Bosch appliances, and a marble bathroom Open-concept gourmet kitchen, ideal for entertaining Expansive living and dining area with 9-foot ceilings Floor-to-ceiling windows with breathtaking views Large private balcony Central air conditioning with NEST thermostat In-unit washer and dryer Abundant storage space, including a walk-in closet Double-layer insulated windows for excellent soundproofing Solid concrete construction and enhanced wall insulation for maximum privacy Luxury Amenities: 24-hour doorman and security Fully equipped fitness center with panoramic views Swimming pool, whirlpools, steam room, and sauna Private rooftop garden with BBQ areas Dog parks for pet owners Tennis courts, full-size basketball court, and running track A perfect blend of luxury, comfort, and convenience-ideal for modern city living in one of Flushing's most desirable buildings.

Market Insights

Below nearby median-20%

$971/sqft vs a nearby median of $1216/sqft.

Nearby median$1216/sqft
Nearby properties12
Property size678 sqft
  • -20% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 678 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$816k$774k$858k · 89% confidence
vs ask $658k−$158k (−24.0%)

Asking price is about 24.0% below the fair value — likely to draw competing offers if it's still on market.

$1,222/sqft median across 8 tight comps × 678 sqft= $828k
  • Special flood hazard zone−$17k −2.0%
  • Modern construction+$12k +1.5%
  • Sparse street life−$12k −1.5%
  • Transit access+$4k +0.5%
Cumulative NYC adjustments−$12k−1.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-20% 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

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
25 days
Last price change
No change recorded
Listed
Apr 17, 2026
Photos
13 photos
Property type
condos
Status
for sale
Last sold
Jan 17, 2017 · $650,394

Features & Amenities

Central AirOutdoor SpaceParkSecurity FeaturesDishwasherPets AllowedRecreation FacilitiesWasher DryerSwimming PoolGarage 1 Or MoreGourmet KitchenBasketball CourtHigh CeilingTennis CourtRental PropertyStunning ViewsBreathtaking ViewsViews

Photos

Price History

May 4, 2026Initial record
$658,000for 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.