RealtyLens
for saleRealtyLens property overview
$638,000

31-47 137th St Unit 3C

Flushing, NY, 11354
View more Flushing, NY property pages
2Beds
2Baths
1,113Sqft
$573$/sqft

Listing Notes

Discover this brand-new condo located in the vibrant heart of downtown Flushing, offering a rare 20-year tax abatement. This residence features two spacious bedrooms and a beautifully designed two bathroom with contemporary tile work and stylish lighting fixtures. The modern kitchen is equipped with sleek stainless steel appliances, combining elegance with functionality. The unit offers $1113 gross square feet and $943 interior square feet, providing a comfortable and efficient layout. Enjoy views of the parking area and the unbeatable convenience of being just a short walk from Main Street and the 7 train station.

Market Insights

Below nearby median-53%

$573/sqft vs a nearby median of $1214/sqft.

Nearby median$1214/sqft
Nearby properties12
Property size1,113 sqft
  • -53% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,113 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.33M$1.26M$1.40M · 88% confidence
vs ask $638k−$690k (−108.2%)

Asking price is about 108.2% below the fair value — likely to draw competing offers if it's still on market.

$1,217/sqft median across 11 tight comps × 1,113 sqft= $1.35M
  • Special flood hazard zone−$27k −2.0%
  • Transit access−$20k −1.5%
  • Modern construction+$20k +1.5%
Cumulative NYC adjustments−$27k−2.0%

Property Read

FreshnessVerification recommended

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

Market Position-53% 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
4 days
Last price change
No change recorded
Listed
May 8, 2026
Photos
12 photos
Property type
condos
Status
for sale

Features & Amenities

Modern KitchenEfficientViewsDen

Photos

Price History

May 8, 2026Initial record
$638,000for 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.