RealtyLens
for saleRealtyLens property overview
$728,000

31-12 38th Ave Unit 3B

Long Island City, NY, 11101
View more Long Island City, NY property pages
1Beds
1Baths
624Sqft
$1167$/sqft

Listing Notes

Prime Location in Long Island City! Modern 1-bedroom, 1-bathroom elevator condo with private balcony. Conveniently located within walking distance to the M and R subway lines for quick access to Manhattan. Near Queens Plaza and Dutch Kills with excellent connectivity. Surrounded by parks, fitness centers, cafe, and restaurants for a vibrant lifestyle. Close to Queens Center Mall and Costco. Built in 2017 with elegant finishes and low monthly common charges - offering modern comfort and city convenience in one perfect home

Market Insights

Below nearby median-20%

$1167/sqft vs a nearby median of $1458/sqft.

Nearby median$1458/sqft
Nearby properties12
Property size624 sqft
  • -20% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 624 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.01M$921k$1.10M · 51% confidence
vs ask $728k−$283k (−38.9%)

Asking price is about 38.9% below the fair value — likely to draw competing offers if it's still on market.

$1,573/sqft median across 4 tight comps × 624 sqft= $982k
  • Transit access+$39k +4.0%
  • AI-generated marketing photos−$20k −2.0%
  • Modern construction+$15k +1.5%
  • Visible condition issues−$5k −0.5%
Cumulative NYC adjustments+$29k+3.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-20% 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
42 days
Last price change
No change recorded
Listed
Mar 31, 2026
Photos
17 photos
Property type
condos
Status
for sale
Last sold
Feb 25, 2020 · $505,986

Features & Amenities

DishwasherPets AllowedElevatorBalconyParkShopping

Photos

Price History

May 4, 2026Initial record
$728,000for 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.