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

SOLD: 47 40TH Street #1J
SOLD $285,000
Sold Co-op

$285,000

$599 per sq ft

Listed at $305,500 $-20,500 vs asking

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

Sale Details

Sale Price $285,000
Original List Price $305,500
First Listed At $339,000
Close Date April 1, 2021
vs. Asking Sold 6.7% below asking

Property 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

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%.

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Cooling Window Units
Year Built 1939
Living Area 476 sq ft

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RLS at REBNY

Listing courtesy of Michael Smith at The Corcoran Group. 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. This 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.

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