42-40 Bowne Street

42-40 Bowne Street is a Co-op located in Flushing, Flushing. The building was first built in 1956 and is 68 years old. The lot that the building was built on is 190 feet wide and 100 feet long. The official lot area is listed as 21,375 square feet. The building itself is 180 feet wide and 79 feet long. In total, 42-40 Bowne Street has a total floor area of 73,239 square feet. Of that, 72,300 square feet are used for residential purposes. About 939 square feet of the building are used for commercial purposes. There are a total of 77 units. Of those, 77 are residential units. 42-40 Bowne 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. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 100 closings on record, of which we have matching data for 20 listings. In the past 3 years, a listing in this building will typically remain on the market for about 119 days and tend to sell below the original asking price of $351,500 by 5.92%. Meaning, listings tend to sell at a median of $338 price per square foot. The transaction that took the longest to complete was unit 3E, listed on Nov 07, 2022 for $349,000. This particular unit ultimately sold 305 days later for $300,000. The most recent transaction was for unit 4H, which was first advertised on Aug 01, 2023, sold for $195,000 on Nov 27, 2023. Fun fact, the oldest transaction we have on record took place on Sep 23, 1981. See the full transaction history for 42-40 Bowne Street below.

Flushing, where 42-40 Bowne Street is located, has a median asking price of $324,800 for co-op buildings. Meanwhile, the building itself has a median asking price of $351,500. For interested buyers, that means the building's median asking price is around 0.08% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There are currently 7 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 $448,000. It is a 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $189,900. It is a studio and 1 bathroom unit. A breakdown of active listings shows 3 studio, 3 one-bedroom, 1 two-bedroom, units for sale! The median price of all the active units for sale in the building is $288,000. Active units for sale at 42-40 Bowne Street have a median count of 1 bedrooms and have a median count of 1 bathroom.