Queens 40th Owners

Queens 40th Owners is a Co-op located 45-8 40th Street, in Sunnyside, Sunnyside. The building was first built in 1922 and is 102 years old. The lot that the building was built on is 150 feet wide and 200 feet long. The official lot area is listed as 30,000 square feet. The building itself is 142 feet wide and 200 feet long. In total, 45-8 40th Street has a total floor area of 121,714 square feet. Of that, 112,891 square feet are used for residential purposes. About 8,823 square feet of the building are used for commercial purposes. There are a total of 126 units. Of those, 113 are residential units. There are thirteen commercial units. 45-8 40th 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. Residents who own pets will be happy to hear that the building is pet-friendly. There are 120 closings on record, of which we have matching data for 12 listings. In the past 3 years, a listing in this building will typically remain on the market for about 139 days and tend to sell below the original asking price of $615,000 by 7.22%. Meaning, listings tend to sell at a median of $695 price per square foot. The transaction that took the longest to complete was unit D31, listed on Nov 10, 2020 for $495,000. This particular unit ultimately sold 324 days later for $465,000. The most recent transaction was for unit D14, which was first advertised on Feb 19, 2023, sold for $650,000 on May 19, 2023. Fun fact, the oldest transaction we have on record took place on Feb 26, 1982. See the full transaction history for Queens 40th Owners below.

Sunnyside, where 45-8 40th Street is located, has a median asking price of $350,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $615,000. For interested buyers, that means the building's median asking price is around 0.76% 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 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 $619,888. It is a 2-bedroom and 1-bathroom unit.