Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    131-02B 40Th Rd, Unit 16N Flushing, NY 11354

    For Sale
    $705,000

    Comfortable living environment with modern design and convenient location.

    Property size:
    672 SF

    Property Features for 131-02B 40Th Rd

    General Information

    Size
    672 SF

    Building Details

    Year built
    2023

    Source: Keller Williams Landmark Realty Agent Hsin Yuan Yang

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Modern Apartment with Luxury Amenities

    This apartment offers a comfortable living environment with a modern architectural design, perfect layout, and high-end European appliances. Features include heated bathroom floors, oak wood flooring, double-layer super soundproof floor-to-ceiling windows, and an in-unit washer/dryer. The luxury community provides full-service amenities such as a sky garden, landscaped terrace, barbecue area, fitness center, children's playground, steam and sauna spa, dog walking track, yoga studio, and library. It is adjacent to a shopping center, mall, and supermarket with various dining options. The property is located within a 5-8 minute walk to subway lines 7 and LIRR Long Island Railroad, providing access to Manhattan in approximately 17-30 minutes. The property size is 672 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flushing
    County
    Queens
    State
    New York
    Longitude
    -73.871721
    Latitude
    40.748409

    Nearby Similar for Sale

    • $2,249,000
      0.05 Acres

      Ridgewood Multifamily in Historic District

      Well-maintained Ridgewood multifamily property near transportation and amenities.
      6046 Putnam Ave, Ridgewood, NY 11385
      View Details
    • $1,148,888
      Pending

      Charming Whitestone Duplex with Large Yard

      Well-maintained two-family home in prime Whitestone with a private backyard.
      163 15Th Dr, Whitestone, NY 11357
      View Details
    • $1,499,999
      0.15 Acres

      Two-Family Home in Rego Park

      Two-family brick home in the heart of Rego Park.
      66-11 Burns St, Rego Park, NY 11374
      View Details
    • $2,288,000

      New Brick Triplex in Ridgewood

      Newly built Ridgewood triplex with modern layouts and parking.
      6014 Menahan St, Ridgewood, NY 11385
      View Details
    • $1,288,000
      Pending

      Two-Family Home in Fresh Meadows

      Charming two-family home in desirable Fresh Meadows neighborhood.
      183-11 64Th Ave, Fresh Meadows, NY 11365
      View Details
    • $1,650,000
      Pending

      Solid Stone Flushing Two-Family Home

      Two-family home in Flushing with strong rental income potential.
      154-39 64Th Ave, Flushing, NY 11367
      View Details

    FAQs

    What type of property is this?
    Apartment building - Comfortable living environment with modern design and convenient location.
    Where is this apartment building located?
    The property is located at 131-02B 40Th Rd, Unit 16N Flushing, NY.
    What is the asking price?
    The asking price for this property is $705,000.
    What are key features of this property?
    This property features: - Short walk (5-8 minutes) to subway lines 7 and LIRR, providing convenient access to transportation.; - **High-end luxury community** with full-service amenities: sky garden, landscaped terrace, barbecue area, fitness center, children's playground, steam and sauna spa, dog walking track, yoga studio, and library.; - Modern architectural design with perfect layout and high-end European appliances.
    (718) 886-8110
    Request Owner's contact information
    131-02B 40Th Rd, Unit 16N Flushing, NY 11354
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    131-02B 40Th Rd, Unit 16N
    Flushing, NY 11354
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    131-02B 40Th Rd, Unit 16N Flushing, NY 11354
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.