Five Fortyone

Five Fortyone is a condo located 5-41 47th Road, in Hunters Point, Long Island City. The building was first built in 2014 and is 10 years old. But was most recently renovated and altered in 2014. The lot that the building was built on is 25 feet wide and 100 feet long. The official lot area is listed as 2,500 square feet. The building itself is 25 feet wide and 60 feet long. In total, 5-41 47th Road has a total floor area of 5,311 square feet. Of that, 5,311 square feet are used for residential purposes. There are a total of 9 units. Of those, 9 are residential units. There are no commercial units in this building. 5-41 47th Road has a total of 4 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Better yet, washer and dryers are allowed in each unit. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 10 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 208 days Meaning, listings tend to sell at a median of $1,135 price per square foot. The transaction that took the longest to complete was unit 2B, listed on Feb 28, 2018 for $2,050,000. This particular unit ultimately sold 296 days later for $1,875,000. The most recent transaction was for unit 2B, which was first advertised on Feb 28, 2018, sold for $1,875,000 on Dec 21, 2018. Fun fact, the oldest transaction we have on record took place on Dec 31, 1968. See the full transaction history for Five Fortyone below.

Hunters Point, where 5-41 47th Road is located, has a median asking price of $749,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,875,000. For interested buyers, that means the building's median asking price is around 4.36% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.