Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $285,000

Listed at $305,500 · Sold 6.7% below asking · Closed April 1, 2021

47 40TH Street #1J
Closed For Sale Co-op

$305,500

$642 per sq ft

47 40TH Street #1J

Sunnyside, Queens

MLS® #RLS10641264

RLS at REBNY

Listing by The Corcoran Group

Studio

1

Bath

476

Sq. Ft.

1939

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 476 sq ft
Year Built 1939
Ownership Co-op
Maintenance $387/mo
Neighborhood Sunnyside
Floor 1 of 6

Property Highlights

  • Exposure: East facing
  • Style: Prewar architecture
  • Climate Control: Window Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 1 of 6
Exposure East
Cooling Window Units
Pets Yes
Cross Street 47th Avenue & 48th Avenue
Year Built 1939
Living Area 476 sq ft
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Jun 23, 2020 $339,000 -
Currently May 17, 2026 $305,500 -9.9%

Description

It's all about location! Sunnyside, a burgeoning neighborhood, is affordable, convenient and easily accessible. This spacious east-facing prewar alcove studio in Sunnyside is an incredibly low monthly maintenance (HOA Fee) of $376 a month. The apartment has been updated with custom flooring and custom closets with motion sensor lighting. It features a formal entry foyer, large eat-in-kitchen and plenty of storage in this very well laid out floor plan. The windowed kitchen and bathroom are a hallmark to its prewar heritage and adds to its charm and the subdued elegance of this spacious apartment. Sunnyside is a 15 min commute to midtown Manhattan via the 7-train subway line and 20 min via the Q32 Bus and 25 min by citi-bike. This easily accessible residential neighborhood has an array of supermarkets, cafes and an abundance of desirable restaurants to choose from. 47-25 40th Street is a well-run Co-op in Sunnyside. This prewar, elevator building was built in 1939 and has 107 apartments. It features a grand lobby entrance with a modern package area, live-in super, resident-only courtyard, and an updated large laundry room. Bike room and storage is available. The monthly maintenance charge includes real estate taxes, live-in super, heat, water, snow removal, bike storage, sewer, trash removal, and landscaping. Pets are welcomed. Sublets, guarantors and co-purchasing require board approval. 80% financing allowed. 3% flip tax paid by seller. NOTE: Buyers who make this unit their primary residence can be eligible for the coop/condo abatement which would lower the real estate taxes by 17.5%.

Features & Amenities

Interior Features

Entrance Foyer Eat In Kitchen Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Courtyard

Building Information

Building Data View Compliance & Permits
Total Units 54
Stories 6
Style Prewar

Financial Details

Maintenance $387/mo
Original Price $339,000
Sale Price $285,000

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

$683

Avg Days on Market

N/A

New This Week

0

Price Reduced

7%

Sold (30 Days)

1

Median Sale Price

$805K

Live data from RLS at REBNY • Updated 5/17/26, 1:08 PM EST

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Location

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47 40TH Street #1J, Sunnyside, Queens County • Near 47th Avenue & 48th Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1939
Year Built
87 years old
6
Floors
60
Residential Units
R6A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $1,818,000
Land Value: $504,000
Exemptions: $0

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

Lot Area: 14,000 SF
Building Area: 58,800 SF
Built FAR: 4.2
Allowed FAR: 3

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 monthly maintenance are $387 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 476 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1939, making it approximately 87 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

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

At the current list price of $305,500 for 476 sq ft, the asking price per square foot is approximately $642. 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: RLS10641264
First Listed: 6/23/2020
Price Changed: 2/5/2021
Closed: 4/1/2021
Contract Date: 6/23/2020

Listing Courtesy of The Corcoran Group - Michael Smith

Listing Contact: (646) 577-6045

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 5/17/2026 at 5:08 PM UTC

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