140-24 31st Drive

140-24 31st Drive is a condo located in Flushing, Flushing. The building was first built in 2005 and is 19 years old. The lot that the building was built on is 53 feet wide and 126 feet long. The official lot area is listed as 6,330 square feet. The building itself is 52 feet wide and 44 feet long. In total, 140-24 31st Drive has a total floor area of 17,568 square feet. Of that, 15,010 square feet are used for residential purposes. About 2,558 square feet of the building are used for commercial purposes. There are a total of 28 units. Of those, 20 are residential units. There are 8 commercial units. 140-24 31st Drive has a total of 5 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 39 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 288 days and tend to sell below the original asking price of $477,000 by 18.90%. Meaning, listings tend to sell at a median of $782 price per square foot. The transaction that took the longest to complete was unit 3A, listed on May 06, 2019 for $495,000. This particular unit ultimately sold 307 days later for $455,000. The most recent transaction was for unit 2D, sold for $0 on Nov 01, 2023. Fun fact, the oldest transaction we have on record took place on Nov 03, 2000. See the full transaction history for 140-24 31st Drive below.

Flushing, where 140-24 31st Drive is located, has a median asking price of $658,000 for condo buildings. Meanwhile, the building itself has a median asking price of $477,000. For interested buyers, that means the building's median asking price is around 0.28% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $545,000. It is a 2-bedroom and 1-bathroom unit.