RealtyLens
for saleRealtyLens property overview
$298,000

48-21 40 St Unit 2C

Sunnyside, NY, 11104
View more Sunnyside, NY property pages
1Beds
1Baths
600Sqft
$497$/sqft

Listing Notes

Great opportunity to live in this very well-maintained and excellently located building. Bright and airy 1-Bedroom features high ceilings, hardwood floors and ample closet space. Building amenities include: live-in superintendent, laundry, parking (waitlist) and bike room (waitlist). Maintenance: $692.78 includes heat and water. 20% minimum down payment. No Flip Tax. Pet friendly and elevator building. Subletting permitted after two years, subject to Board approval. Close to Greenpoint Avenue, shopping, schools, restaurants, and major highways. Three blocks to #7 subway and bus lines. 15 minutes to midtown Manhattan.

Market Insights

Near nearby median-4.4%

$497/sqft vs a nearby median of $520/sqft.

Nearby median$520/sqft
Nearby properties12
Property size600 sqft
  • -4.4% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 600 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$315k$284k$346k · 42% confidence
vs ask $298k−$17k (−5.7%)

Asking price is about 5.7% below the fair value — likely to draw competing offers if it's still on market.

$558/sqft median across 5 tight comps × 600 sqft= $335k
  • Visible condition issues−$12k −3.5%
  • Days-on-market gravity−$10k −3.0%
  • Transit access+$2k +0.5%
Cumulative NYC adjustments−$20k−6.0%

Property Read

FreshnessVerification recommended

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

Market Position-4.4% vs nearby

The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items 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
255 days
Last price change
No change recorded
Listed
Aug 30, 2025
Photos
12 photos
Property type
coop
Status
for sale

Features & Amenities

Pets AllowedGarage 1 Or MoreHigh CeilingElevatorMaintenanceShopping

Photos

Price History

May 4, 2026Initial record
$298,000for 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.