71-19 162nd Street

71-19 162nd Street is a condo located in Pomonok, Fresh Meadows. The building was first built in 2007 and is 17 years old. The lot that the building was built on is 200 feet wide and 99 feet long. The official lot area is listed as 19,916 square feet. The building itself is 200 feet wide and 99 feet long. In total, 71-19 162nd Street has a total floor area of 49,609 square feet. Of that, 39,901 square feet are used for residential purposes. About 9,708 square feet of the building are used for commercial purposes. There are a total of 46 units. Of those, 42 are residential units. There are 4 commercial units. 71-19 162nd Street 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 277 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 200 days and tend to sell below the original asking price of $486,500 by 5.06%. Meaning, listings tend to sell at a median of $668 price per square foot. The transaction that took the longest to complete was unit 1H, listed on Jun 26, 2019 for $398,000. This particular unit ultimately sold 337 days later for $375,000. The most recent transaction was for unit 4H, sold for $559,888 on Dec 29, 2023. Fun fact, the oldest transaction we have on record took place on Oct 30, 1981. See the full transaction history for 71-19 162nd Street below.

Pomonok, where 71-19 162nd Street is located, has a median asking price of $658,000 for condo buildings. Meanwhile, the building itself has a median asking price of $486,500. For interested buyers, that means the building's median asking price is around 0.26% 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 $587,000. It is a 2-bedroom and 2-bathroom unit.