131-02B 40TH Road #20R, Flushing, NY 11354
$694,000 · 1 bed · 1 bath · 548 sq ft · built 2023 · MLS# 1061155 · Active
Long Field creates an excellent and comfortable living environment for you! Modern architectural design with perfect layout and high-end European appliances, heated bathroom floors, oak wood flooring, double-layer super soundproof floor-to-ceiling windows, and in-unit washer/dryer. Flushing Point the best amenities: High-end luxury community with full-service amenities including sky garden, landscaped terrace, barbecue area, fitness center, playground, steam and sauna spa, dog walking track, yoga studio, library... adjacent to shopping center, mall, and supermarket with various dining options... Only a 5-8 minute walk to subway lines 7 and LIRR Long Island…
Condos in ZIP 11354 sold for a median of $684,000 (typically $600,000–$890,000) across 300 recorded sales between Oct 6, 2025 and Sep 29, 2026, up 8.1% on the 12 months before. This home's $694,000 list price sits in the mid-market condo tier for ZIP 11354.
At about $6,967 a year, this home's property tax runs roughly 16% above the $6,000 typical for ZIP 11354. Exemptions such as STAR, Senior or Veteran change what is actually billed, so a new owner's bill is often not the same as the seller's.
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 8:45 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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Flushing Market Trend
Month-to-month medians in Flushing have been uneven across the past 2 years, ranging anywhere from $523K to $750K — more indicative of a thin or property-mix-driven market than of a single direction. Recently, homes have been selling in about 69 days. Part of why that median has moved unevenly month to month is mix shift — which property types happen to sell. The roughly $626K blended median combines very different types, so a stretch heavy on multi-family (2-4 family) (around $1.57M) versus one heavy on co-ops (around $322K) can swing the all-types figure on its own, independent of any change in value. Of 981 recent sales, condos made up the largest share at about 56% with a median near $664K, co-ops about 29% near $322K, single-family about 11% near $1.15M, multi-family (2-4 family) about 4% near $1.57M. 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 $1.15M, roughly $521K over the headline number, even though the higher-priced single-family in the mix pull the other way but at about 11% 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.