215-40 47 Avenue #3B, Bayside, NY 11361
$186,000 · 1 bath · 450 sq ft · built 1950 · MLS# 1048385 · Active
Own for Less Than Renting! Prime Bayside Studio Near Bell Blvd.& LIRR. Commuters will love the ultra convenient location, featuring a short walk to the Bayside LIRR station for a seamless, fast ride into Manhattan, alongside easy access to local and express buses. When the weekend hits, step outside to enjoy Bayside premier dining, vibrant nightlife, cafes and shopping right on Bell Boulevard. Why rent when you can own a piece of Bayside ? Schedule your viewing today!
Co-ops in ZIP 11361 sold for a median of $280,000 (typically $230,000–$340,000) across 48 recorded sales between Oct 13, 2025 and Oct 2, 2026, up 0% on the 12 months before. This home's $186,000 list price sits in the entry co-op tier for ZIP 11361.
ZIP 11361 has about 4.1 months of co-op inventory — balanced market. Supply and demand are roughly even, so buyers and sellers share leverage with fair, predictable pricing.
OneKey MLS (recorded Queens sales, trailing 12mo) + actual tax
Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of October 10, 2026 9:45 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Bayside Market Trend
Over the past 2 years, Bayside has resisted a single storyline: the median sale price has bounced between $576K and $1.24M, the kind of swing that typically reflects a thin or mixed market. Recently, homes have been selling in about 62 days. Part of why that median has moved unevenly month to month is mix shift — which property types happen to sell. The roughly $978K blended median combines very different types, so a stretch heavy on multi-family (2-4 family) (around $1.48M) versus one heavy on co-ops (around $280K) can swing the all-types figure on its own, independent of any change in value. Of 400 recent sales, single-family made up the largest share at about 47% with a median near $1.07M, co-ops about 26% near $280K, multi-family (2-4 family) about 22% near $1.48M, condos about 6% near $624K. Because co-ops, though not the most common, is priced far enough from the rest to pull the blend down, the blended figure tends to sit below the single-family median rather than above it — so a typical single-family house has tended to sell closer to $1.07M, roughly $93K over the headline number, even though the higher-priced multi-family (2-4 family) in the mix pull the other way but at about 22% are too small a share to offset that drag. These are past medians, not predictions or guarantees, and individual properties vary widely; anyone weighing a specific property should review current comparable sales for that property type.
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Looking for off-market opportunities or a property attorney's read on this listing? Contact Joseph DeVito — Lic. R.E. Associate Broker + NY-licensed real estate attorney.