Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
131-01 40th Road #10W
Interested in this property?
Active For Sale Condop

$1,299,000

$1,274 per sq ft

131-01 40th Road #10W

Flushing, Queens

MLS® #RLS20088489

RLS at REBNY

Listing by Serene Powers Real Estate LLC

2

Bedrooms

2

Baths

1,020

Sq. Ft.

2006

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,020 sq ft
Year Built 2006
Ownership Condop
Property Taxes $8,088/yr
Neighborhood Flushing
Floor 10

Property Highlights

  • Views: River
  • Exposure: South facing
  • Outdoor Space: Terrace, Balcony

Property Details

Type Condop
Ownership Condop
Total Rooms 4
Baths 2 Full
Floor 10
View River
Exposure South
Heating None
Pets Yes
Cross Street 131st St
Year Built 2006
Living Area 1,020 sq ft
Structure Type None
Furnished Unfurnished
Block/Lot 05066/7507

Listing History

Event Date Price Change
Listed May 3, 2026 $1,299,000 -
Currently May 4, 2026 $1,299,000 -

Description

Welcome co-brokers!
This unit features a 3D virtual tour available upon request and is easy to schedule for showings.
It is a south-facing 2B2B condo with excellent views and abundant natural light. The floor-to-ceiling windows fill the space with sunshine, creating a bright and welcoming atmosphere every day.
Grand Three is conveniently located near the parking lot elevator, making access to and from the parking area very easy.
Located in the prime location of Downtown Flushing, Sky View Parc is one of the largest mixed-use developments in New York City offering a new and unique investment opportunity. Due to the overwhelming success of Phase I, Onex Real Estate Partners is proud to present Grand Three, the third of three new luxury condominium towers to be built as part of Phase II. Grand Three will join the 14 acres, a million square foot development and will
comprise:
- 248 luxury condominium units ranging in size from spacious studios to three bedroom residences
- Stylishly furnished lobby with designer furniture
- The Shops at Sky View Center, a 785,000 square foot, multi-level retail space, housing popular retailers including a new Nordstrom Rack, Target, Bed, Bath & Beyond, Best Buy, Nike, Forever 21, Grandma's Dim Sum, Little Lamb Hot Pot, BJ's, Wholesale Club and Sky Foods - a 33,000 square foot Asian supermarket
- Six-acre landscaped rooftop garden equipped with first-class amenities and a new rooftop swimming pool
- Exclusive new amenity club and spa for The Grand residents
- 2,400 retail parking spaces offering private and residential valet service





Features & Amenities

Interior Features

Eat In Kitchen Building None None

Exterior Features

Balcony Building Balcony Private Outdoor Space Under60 Sqft Terrace Balcony

Appliances

Dryer Dishwasher Microwave Washer

Financial Details

RE Taxes $8,088/yr ($674/mo)

Flushing is a world-class commercial and residential hub, known for its incredible energy and cultural depth. As one of the city's most important transit and retail centers, it offers a high-energy lifestyle with unparalleled dining and shopping. The real estate market has seen a dramatic transformation with the arrival of ultra-modern luxury glass towers and mixed-use developments, alongside a solid stock of traditional cooperatives and multi-family homes.

Flushing Live Market Data

View Neighborhood

Active Listings

49

Median Asking Price

$845K

Median $/Sqft

$1,148

Avg Days on Market

N/A

New This Week

6

Price Reduced

12%

Sold (30 Days)

1

Median Sale Price

$849K

Live data from RLS at REBNY • Updated 5/3/26, 10:21 PM EST

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Location

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131-01 40th Road #10W, Flushing, Queens County • Near 131st St

Building Information

Official NYC property records for this building

2025
Year Built
1 years old
15
Residential Units
C4-2
Zoning District

Tax & Assessment

Assessed Value: $282,600
Land Value: $146,250
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,200 SF
Building Area: 5,748 SF
Built FAR: 4.79
Allowed FAR: 2.43

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $8,088, or roughly $674 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,020 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2006, making it approximately 20 years old.

This listing is a condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,299,000 for 1,020 sq ft, the asking price per square foot is approximately $1,274. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20088489
First Listed: 5/3/2026
On Market: 5/3/2026
Price Changed: 5/3/2026
Contract Date: 5/1/2026

Listing Courtesy of Serene Powers Real Estate LLC - Serene C Powers

Listing Contact: (646) 706-1282

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 2:21 AM UTC

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