new - 3 days on rocket

47-40 198th St, Flushing, NY, 11358

$1,928,888

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths
Multi

Location

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47-40 198th St, New York$1,928,888

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Garage1 space
Year Built2022
HeatingBaseboard
CoolingWall/Window Unit(s)
BasementYes
MLS #808654
StatusActive

About 47-40 198th St

Rare Bayside Gem; Perfect for Investment or Primary Living! Nestled on a peaceful street, this stunning new construction 2022-built Two-Family home offers modern luxury and unbeatable convenience. Featuring a spacious 25' x 48.6' layout, high ceilings, and hardwood floors throughout, it boasts a 3-bedroom apartment over 3-bedroom apartment, ideal for generating rental income or multigenerational living. Highlights include a charming second-floor balcony, a basement with two separate entrances. Located just steps from Francis Lewis Blvd., with shopping and transportation within 2 blocks, this serene yet central home is a rare opportunity. Don’t miss out whether as an investment or your primary residence, it’s a winner!

Property Details

Property Features

Property Information:

  • Year Built: 2022

Listing Office:

  • Office Name: AAA Young Shuen Realty Inc
  • Office Phone: (718) 461-9494

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, High Ceilings, Kitchen Island, Marble Counters, Primary Bathroom, Recessed Lighting

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Back Yard, Near Public Transit

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: See Google Map

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,928,888
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$853.5K

Med. Price/SqFt

$679

Avg. Days On Market

72

# of Sold Homes

1821

47-40 198th St vs New York

3 DAYS ON ROCKET

-69 Days

$1,928,888

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY2
  • MLS Number: #808654

Listing Office:

  • Office Name: AAA Young Shuen Realty Inc
  • Office Phone: (718) 461-9494

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

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.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/2/2025, 10:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,695

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,849

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-127300
7
/10
  • P.S. 162 John Golden School

  • 20102 53rd Ave

  • 0.32 miles

  • Public District Grades KG-5

school-card-donut-127301
9
/10
  • PS 130

  • 20001 42nd Ave

  • 0.59 miles

  • Public District Grades PK-5

school-card-donut-127302
9
/10
  • P.S. 376 Queens

  • 21021 48th Ave

  • 0.65 miles

  • Public District Grades PK-KG

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,917. The most common annual income of people living in New York, NY is between $35k-100k. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesNew YorkQueens CountyNew York1135847-40 198th St

This home is located at 47-40 198th St in Flushing, NY and zip code 11358 in the Auburndale neighborhood. This home was built in 2022. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $1,928,888.

While more than 215 listings in New York, NY in December 2024 were sold above asking price, there were more than 870 listings sold at asking price, and more than 736 were sold below. Between November 2024 and December 2024, New York, NY real estate market has seen decrease in the number of listings by 8.6%. In December 2024 median list price was $853,573 and the average listing age was 72 days.

From Rocket Homes Real Estate and based on county public records data.

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