The page is useful for research, but the status and price should be verified before acting.
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for saleRealtyLens property overview
$965,000
24-12 42nd Rd Unit 3E
Long Island City, NY, 11101
View more Long Island City, NY property pages1Beds
1Baths
685Sqft
$1409$/sqft
Market Insights
Near nearby median-3.4%
$1409/sqft vs a nearby median of $1458/sqft.
Nearby median$1458/sqft
Nearby properties12
Property size685 sqft
- -3.4% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 685 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.01M$910k – $1.11M · 42% confidence
vs ask $965k−$44k (−4.6%)
Asking price is about 4.6% below the fair value — likely to draw competing offers if it's still on market.
$1,458/sqft median across 5 tight comps × 685 sqft= $999k
- Transit access+$40k +4.0%
- Days-on-market gravity−$30k −3.0%
Cumulative NYC adjustments+$10k+1.0%
Property Read
The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.
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
- 0 photos
- Property type
- condos
- Status
- for sale
Price History
May 4, 2026Initial record
$965,000for sale