Parklane South

Parklane South is a Co-op located 118-18 Union Turnpike, in Kew Gardens, Kew Gardens. The building was first built in 1974 and is 50 years old. The lot that the building was built on is 140 feet wide and 347 feet long. The official lot area is listed as 62,526 square feet. The building itself is 140 feet wide and 70 feet long. In total, 118-18 Union Turnpike has a total floor area of 196,420 square feet. Of that, 196,420 square feet are used for residential purposes. There are a total of 213 units. Of those, 213 are residential units. 118-18 Union Turnpike has a total of 20 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 255 closings on record, of which we have matching data for 43 listings. In the past 3 years, a listing in this building will typically remain on the market for about 206 days and tend to sell below the original asking price of $255,000 by 5.41%. Meaning, listings tend to sell at a median of $319 price per square foot. The transaction that took the longest to complete was unit 4A, listed on Sep 16, 2021 for $295,000. This particular unit ultimately sold 363 days later for $270,000. The most recent transaction was for unit 8L, which was first advertised on Feb 24, 2023, sold for $275,000 on Jan 08, 2024. Fun fact, the oldest transaction we have on record took place on Feb 02, 1967. See the full transaction history for Parklane South below.

Kew Gardens, where 118-18 Union Turnpike is located, has a median asking price of $324,894 for co-op buildings. Meanwhile, the building itself has a median asking price of $255,000. For interested buyers, that means the building's median asking price is around 0.22% 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 9 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 $414,000. 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 $175,000. It is a studio and 1 bathroom unit. A breakdown of active listings shows 2 studio, 6 one-bedroom, 1 two-bedroom, units for sale! The median price of all the active units for sale in the building is $219,888. Active units for sale at 118-18 Union Turnpike have a median count of 1 bedrooms and have a median count of 1 bathroom.