Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,200,000

· Closed March 21, 2022

48-40 40th Street

$1,200,000

$545 per sq ft

48-40 40th Street

Sunnyside, Queens

MLS® #RLS10763958

RLS at REBNY

Listing by Compass

5

Bedrooms

2.5

Baths

2,200

Sq. Ft.

1940

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3 full, 1 half
Living Area 2,200 sq ft
Year Built 1940
Parking Garage
Neighborhood Sunnyside

Property Highlights

  • Style: Prewar architecture
  • Parking: Private garage
  • Character: Pre-war building (1940)

Property Details

Type Single Family Residence
Total Rooms 9
Baths 2 Full, 1 Half
Pets Yes
Cross Street Greenpoint Avenue/50th Avenue
Year Built 1940
Living Area 2,200 sq ft
Parking Garage Available
Architectural Style Prewar
Block/Lot 205/38

Listing History

Event Date Price Change
Listed Dec 18, 2021 $1,200,000 -
Currently Apr 29, 2026 $1,200,000 -

Description

Great Opportunity!!! Design this townhome in a burgeoning neighborhood of Sunnyside/LIC border. This is a prime investment area, minutes from LIC, Brooklyn, Subway, and Manhattan. CLOSE TO RESTAURANTS, SCHOOLS, PARKS AND HIGHWAYS. The sought after home has two apartments , a walk in basement, two car garage and private backyard. On the first level there is a living room, formal dining room, eat in kitchen, & two bedrooms. 3 bedroom spacious apartment on the second with living room, formal dining room, Eat in kitchen and full bath. The walk-in basement have two separate entrance from the front and side, half bath room with addition recreational space and laundry. Also the most wanted amenity in any NYC home the quintessential 2 car indoor garage. Also the private yard is separated off the spacious community driveway. Live and generate income while you pay off your mortgage.

Features & Amenities

Exterior Features

Building Garden

Building Information

Sunnyside is a beloved Queens neighborhood known for its small-town atmosphere and exceptional convenience. Home to the landmarked Sunnyside Gardens, one of the first planned communities in the U.S., the area offers a unique blend of historic charm and modern diversity. The real estate market features a mix of well-maintained pre-war cooperatives, traditional multi-family brick houses, and a growing number of boutique condominiums, making it a top choice for those seeking value and community.

Sunnyside Live Market Data

View Neighborhood

Active Listings

15

Median Asking Price

$499K

Median $/Sqft

$673

Avg Days on Market

N/A

New This Week

1

Price Reduced

13%

Sold (30 Days)

2

Median Sale Price

$570K

Live data from RLS at REBNY • Updated 4/29/26, 10:25 AM EST

Recently Sold in Sunnyside

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Location

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48-40 40th Street, Sunnyside, Queens County • Near Greenpoint Avenue/50th Avenue

Building Information

Official NYC property records for this building

1940
Year Built
86 years old
2
Floors
2
Residential Units
R5
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $85,500
Land Value: $10,860
Exemptions: $0

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

Lot Area: 2,358 SF
Building Area: 2,200 SF
Built FAR: 0.93
Allowed FAR: 1.5

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

This property has 5 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 2,200 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1940, making it approximately 86 years old.

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

At the current list price of $1,200,000 for 2,200 sq ft, the asking price per square foot is approximately $545. 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: RLS10763958
First Listed: 12/18/2021
Price Changed: 12/18/2021
Closed: 3/21/2022
Contract Date: 12/18/2021

Listing Courtesy of Compass - Mohammed Mollah

Listing Contact: (917) 370-3524

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 4/29/2026 at 2:25 PM UTC

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