10-40 Neilson Street

10-40 Neilson Street is a Co-op located in Far Rockaway, Far Rockaway. The building was first built in 1960 and is 64 years old. The lot that the building was built on is 125 feet wide and 182 feet long. The official lot area is listed as 24,270 square feet. The building itself is 108 feet wide and 143 feet long. In total, 10-40 Neilson Street has a total floor area of 92,956 square feet. Of that, 92,956 square feet are used for residential purposes. There are a total of 87 units. Of those, 87 are residential units. 10-40 Neilson Street has a total of 6 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 37 closings on record, of which we have matching data for 19 listings. In the past 3 years, a listing in this building will typically remain on the market for about 161 days and tend to sell below the original asking price of $135,000 by 1.55%. Meaning, listings tend to sell at a median of $148 price per square foot. The transaction that took the longest to complete was unit 4G, listed on Mar 08, 2020 for $150,000. This particular unit ultimately sold 354 days later for $130,000. The most recent transaction was for unit 2J, which was first advertised on Nov 14, 2023, sold for $100,000 on Feb 01, 2024. Fun fact, the oldest transaction we have on record took place on Aug 31, 1983. See the full transaction history for 10-40 Neilson Street below.

Far Rockaway, where 10-40 Neilson Street is located, has a median asking price of $241,500 for co-op buildings. Meanwhile, the building itself has a median asking price of $135,000. For interested buyers, that means the building's median asking price is around 0.44% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

There are currently 4 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $270,000. It is a 3 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $100,000. It is a studio and 1 bathroom unit. A breakdown of active listings shows 3 studio, 1 three-bedroom, units for sale! The median price of all the active units for sale in the building is $100,000. Active units for sale at 10-40 Neilson Street are mostly studio apartments and have a median count of 1 bathroom.