New Landmark Building In Flushing Downtown Area, Best Design & Building Material, Has Library, Meeting Room, GYM, Yoga Room, Sauna/Steam, Spa Room, Movie Theater, Roof Park, Kids Play Room...Much To List, 3-4 Blocks To #7 Train & LIRR, Near All! Best Price Offered In Same Town, Huge Discount Compare From The Other Similar New Building!
Flushing, located between Corona Park and Bayside, is a historic and commercial New York neighborhood with a busy downtown core and a waterfront edge. The neighborhood’s character concentrates around Main Street and Roosevelt Avenue, where food halls, produce markets, bakeries, and late-night eateries cluster under the rumble of the 7 train. Low-rise prewar blocks and brick co-ops give way to newer glass towers near Northern Boulevard. Flushing Meadows Corona Park frames the area with broad lawns, stadium lights, and museum campuses. Community pillars include the Queens Botanical Garden, the Queens Museum, and the historic Flushing Town Hall. The Long Island Rail Road at Murray Hill and the Mets–Willets Point transit hub keep the street grid in constant motion.
Provided by Walk Score and Local Logic
Market insights
131-02A 40th Rd Unit 5G · $777,000
DAYS ON MARKET
5 days
The average home goes pending in 73 days.
SALE-TO-LIST
98.2%
Most homes are selling 2% below list price.
LIST PRICE
$777,000
Median sale price in this area is $424,162. (45% lower than this home)
PRICE DROP
0 price drops
13% of homes in this area have had a price drop in the past month.
Property details
Parking
Parking Information
Parking Features: Garage, Private
Garage Information
Has Garage
Interior
Heating & Cooling
Cooling: Central Air
Heating: Electric
Interior Features
Appliances: Dishwasher, Dryer, Refrigerator, Washer, Gas Water Heater
Levels: One
Entry Level: 5
Room Information
Basement YN: No
Attic: None
Rooms Total: 5
Basement: Common, Finished, Full, Walk-Out Access
Bathroom Information
Bathrooms Full: 2
Exterior
Exterior Features
Construction Materials: Brick
Property Information
Property Sub Type: Condominium
Property Condition: New Construction
Financial
Tax Information
Tax Annual Amount: $692.93
Utilities
Utility Information
Sewer: Public Sewer
Utilities: Trash Collection Public
Electricity and solar
View estimated energy costs and solar savings for this home
Home facts updated by county records on Sep 14, 2026
Sale and tax history for 131-02A 40th Rd Unit 5G
Sale History
Tax History
Date
Event
Price
OneKey® MLS as Distributed by MLS Grid #L3523312
Jan 7, 2024
Pending
—
Jan 2, 2024
Listed
$777,000
$1,000/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,502
$10,021 + $69,803
$79,824
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
20
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
777
Year built
2020
Style
Condo/Co-op
County
Queens County
APN
50662510
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
C4-2
General Commercial Districts
C4 districts are mapped in regional commercial centers, such as Flushing in Queens and the Hub in the Bronx, that are located outside of the central business districts. In these areas, specialty and department stores, theaters and other commercial and office uses serve a larger region and generate more traffic than neighborhood shopping areas. Use Groups 5, 6, 8, 9, 10 and 12, which include most retail establishments, are permitted in C4 districts. Uses that would interrupt the desired continuous retail frontage, such as home maintenance and repair service stores listed in Use Group 7, are not allowed.
Permitted uses
Include but are not limited to:
Religious facility
Bank
General retail
Restaurant
Hospital / medical center
Housing
Office
Public service
Golf related
Death related / funeral home
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 hot days expected this year, 15 days in 30 years
Wind Factor
We're working on getting current and accurate wind risk information for this home.
4/10 Air Factor
6 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Flushing, NY • 11354
Average low and high temperatures (°F)
36
26
38
28
53
38
62
47
70
56
82
67
87
73
81
67
75
64
67
54
56
44
42
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 2% for direct sun exposure in Flushing. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
13.2 hrs
7.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 131-02A 40th Rd Unit 5G
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $739,000 and $920,990.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $739K to $921K.