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for saleRealtyLens property overview
$139,999
1040 Neilson St Apt 3D
Far Rockaway, NY, 11691
View more Far Rockaway, NY property pages1Beds
1Baths
800Sqft
$175$/sqft
Market Insights
Below nearby median-40%
$175/sqft vs a nearby median of $290/sqft.
Nearby median$290/sqft
Nearby properties5
Property size800 sqft
- -40% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 800 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$220k$193k – $247k · 17% confidence
vs ask $140k−$80k (−57.1%)
Asking price is about 57.1% below the fair value — likely to draw competing offers if it's still on market.
$290/sqft median across 2 tight comps × 800 sqft= $232k
- Visible condition issues−$8k −3.5%
- Days-on-market gravity−$5k −2.0%
- Transit access+$1k +0.5%
Cumulative NYC adjustments−$12k−5.0%
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.
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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
- 126 days
- Last price change
- No change recorded
- Listed
- Jan 6, 2026
- Photos
- 16 photos
- Property type
- coop
- Status
- for sale
Photos
Price History
May 4, 2026Initial record
$139,999for sale