The page is useful for research, but the status and price should be verified before acting.
for saleRealtyLens property overview
$1,800,000
13-09 40 Ave
Long Island City, NY, 11101
View more Long Island City, NY property pagesN/ABeds
6.5Baths
1,632Sqft
$1103$/sqft
Market Insights
Below nearby median-28%
$1103/sqft vs a nearby median of $1525/sqft.
Nearby median$1525/sqft
Nearby properties12
Property size1,632 sqft
- -28% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,632 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$2.53M$2.30M – $2.75M · 50% confidence
vs ask $1.80M−$727k (−40.4%)
Asking price is about 40.4% below the fair value — likely to draw competing offers if it's still on market.
$1,533/sqft median across 10 tight comps × 1,632 sqft= $2.50M
- Transit access+$100k +4.0%
- Days-on-market gravity−$75k −3.0%
- Pre-war character+$63k +2.5%
- Visible condition issues−$63k −2.5%
Cumulative NYC adjustments+$25k+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.
Diligence Read1 item to check
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Listing Details
- Days on market
- 418 days
- Last price change
- No change recorded
- Listed
- Mar 20, 2025
- Photos
- 6 photos
- Property type
- multi family
- Status
- for sale
Features & Amenities
Two Or More Stories
Price History
May 4, 2026Initial record
$1,800,000for sale