SOLD FOR $285,000
Listed at $305,500 · Sold 6.7% below asking · Closed April 1, 2021
$285,000
$599 per sq ft
Listed at $305,500 $-20,500 vs asking
47 40TH Street #1J
MLS® #RLS10641264
Listing by The Corcoran Group
Studio
1
Bath
476
Sq. Ft.
1939
Year Built
Sale Details
Property Summary
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
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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.