Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
48-21 40TH Street #1G
Closed For Sale Co-op

$415,000

48-21 40TH Street #1G

Sunnyside, Queens

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MLS® #RLS10866410

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1

Bath

N/A

Sq. Ft.

1955

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1955
Ownership Co-op
Maintenance $695/mo
Neighborhood Sunnyside
Floor 1 of 6

Property Highlights

  • New Construction: Brand new building

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 1 of 6
Pets Yes
Cross Street GREENPOINT AVENUE and 50 AVENUE
Year Built 1955 (New)

Listing History

Event Date Price Change
Listed Feb 21, 2023 $449,000 -
Price Reduced Jul 13, 2023 $439,000 -2.2%
Currently May 7, 2026 $415,000 -5.5%

Description

Not on the ground floor. Your dream opportunity is here, to live in an impeccably renovated Sponsor owned 1 bedroom 1 bathroom home. West facing windows invite generous light into this beautiful apartment, with gorgeous wood floors adding warmth and elegance. The beautifully renovated chefs kitchen is styled with modern white cabinets, Caesar stone counter tops, and stainless steel appliances including a dishwasher and microwave. Living comfort is enhanced by an over sized bedroom capable of fitting a King Sized bed and an abundance of closet space. Building features include laundry, a garage (wait list) bike storage, and a live in super. Please call today for a private showing.

Building Information

Financial Details

Maintenance $695/mo
Original Price $449,000
Sale Price $415,000
Previous Price $439,000

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

14

Median Asking Price

$462K

Median $/Sqft

$673

Avg Days on Market

N/A

New This Week

2

Price Reduced

14%

Sold (30 Days)

1

Median Sale Price

$805K

Live data from RLS at REBNY • Updated 5/7/26, 3:09 PM EST

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Location

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48-21 40TH Street #1G, Sunnyside, Queens County • Near GREENPOINT AVENUE and 50 AVENUE

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1955
Year Built
71 years old
6
Floors
60
Residential Units
R5
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $2,017,800
Land Value: $268,650
Exemptions: $57,174

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

Lot Area: 9,958 SF
Building Area: 49,660 SF
Built FAR: 4.99
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

The current listed monthly maintenance are $695 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1955, making it approximately 71 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.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. 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: RLS10866410
First Listed: 2/21/2023
Price Changed: 7/13/2023
Closed: 7/12/2023
Contract Date: 2/21/2023

Listing Courtesy of Douglas Elliman Real Estate - SCOTT SALTIEL

Listing Contact: (917) 455-6765

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 5/7/2026 at 7:09 PM UTC

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