RealtyLens
for saleRealtyLens property overview
$1,800,000

13-09 40 Ave

Long Island City, NY, 11101
View more Long Island City, NY property pages
N/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

FreshnessVerification recommended

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

Market Position-28% 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

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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
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

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.