--- title: "48-21 40th Street #5H, New York City, NY 11104" description: "48-21 40th Street #5H, New York City, NY 11104 — Sunnyside, New York City, NY. Listing Price $299,000. In contract 2/24/2026. 1 bed, 1 bath Illustrative Buyer Commission Share of $4,485 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11104/48-21-40th-street-h-5H-ny-11104" source: "Real Estate Rebate Team" status: "Pending" --- # 48-21 40th Street #5H, New York City, NY 11104 Sunnyside, New York City, NY Courtesy of Compass ## At a Glance - **Listing Price**: $299,000 - **Status**: In contract 2/24/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 1 - **Baths**: 1 - **Common Charges**: $593 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $299,000 - **Illustrative Buyer Commission Share**: -$4,485* - **Illustrative Net Cost**: $294,515 *Illustrative Buyer Savings of $4,485 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (5) ![48-21 40th Street #5H, New York City, NY 11104 — photo 1 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/533250d5-a7cd-4c5f-a550-4c6ac8cfdf94.jpg) ![48-21 40th Street #5H, New York City, NY 11104 — photo 2 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1dd71192-d2cd-41ce-8095-e18b2cab9688.jpg) ![48-21 40th Street #5H, New York City, NY 11104 — photo 3 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3a748a5e-3dad-440f-90a5-e86d4b032e4b.jpg) ![48-21 40th Street #5H, New York City, NY 11104 — photo 4 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c8bf597c-8c9e-4d98-888c-ac9eb51c879a.jpg) ![48-21 40th Street #5H, New York City, NY 11104 — photo 5 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/43226f1c-888a-4566-9b51-4488f7f7642d.jpg) ## Property Overview *Prime location at Sunnyside - Beautiful and renovated Convertible 1 Bedroom/ 1 Bath with Expansive Layout, Windowed Kitchen with Stainless Steel Appliances, Tall Ceilings and Great Views, Northern Exposures, Baseboard Heating and Sprawling Hardwood Floors in a Pet-Friendly Co-Op Elevator Building with Laundry in Building and Live in Super* This incredible home features a flexible and generous layout that allows you to have enough space for a sunny living room, a dining area and a bedroom designated space. The options are endless. Enjoy your very own windowed kitchen that is conveniently detached for privacy. Take advantage of a fully renovated bathroom and kitchen. The building is strategically located Only two blocks to Q. Blvd & #7 train with Shopping, cafes, restaurants and more just around the corner. ## Property Details - **Property Type**: Co-op - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Stories**: 6 - **Year Built**: 1955 - **Common Charges**: $593 / Monthly - **Listed On**: Oct 15, 2025 - **Days on Market**: 337 Days ### Residence Features - Common On Floor - Common Area - Garage - Range Hood - Stainless Steel Appliance(s) - Hardwood ### Building Amenities - Garage ## Estimated Monthly Payment **$2,105 / month**, assuming a 20% down payment ($59,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $1,512 - **Common Charges**: $593 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 8 apartments at 48-21 40th Street have recorded sales since September 2021, the most recent for $390,000 in September 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sold Price | Sold | Source | | --- | --- | --- | --- | --- | | 1K (Apartment) | — | $390,000 | September 9, 2025 | City record | | 5G (Apartment) | — | $348,000 | April 7, 2025 | City record | | 6H (Apartment) | — | $290,000 | February 11, 2025 | City record | | 1C (Apartment) | — | $360,000 | August 23, 2024 | City record | | 3G (Apartment) | — | $350,000 | December 20, 2023 | City record | | 5-H (Apartment) | Studio | $254,000 | August 17, 2023 | City record · MLS | | 1G (Apartment) | 1 | $415,000 | July 12, 2023 | City record · MLS | | 1D (Apartment) | — | $395,000 | March 9, 2022 | City record | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $299,000 - **Median sold price**: $354,500 - **Difference**: -$55,500 (-15.7%) - **Comparable sales**: 4 - **Sales from**: September 2024 – July 2025 - **Middle half of those sales**: $332,625 – $372,500 Based on co-op one-bedroom sales in Sunnyside. Square footage is recorded for only 2 of these 4 sales (50%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Sunnyside instead. ### How these sales were negotiated - **Sale-to-list price**: 98.7% (4 sales) - **Sold below asking**: 75% (4 sales) - **Typical time to find a buyer**: 59 days (4 sales) - **Typical time to close**: 97 days (4 sales) Based on co-op one-bedroom sales in Sunnyside with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Sales data through September 2025. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 48-21 40th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/48-21-40th-street) ## Price and Property History for 48-21 40th Street, Unit 5H Review the recorded listing activity for 48-21 40th Street, Unit 5H, including asking-price changes and prior market dates. - **Entered contract**: February 24, 2026 - **Last sold (recorded)**: $254,000 on August 17, 2023 | Date | Price | Listing event | | --- | --- | --- | | February 24, 2026 | $299,000 | Entered contract | | October 1, 2025 | $299,000 | Listed for sale by Compass | | August 17, 2023 | $254,000 | Sold — recorded sale price | | June 15, 2023 | $254,000 | Entered contract | | April 27, 2023 | $254,000 | Listed for sale by Compass | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 60 apartments. The corporation’s 2026 property tax bill was $218,474 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 48-21 40th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/48-21-40th-street) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 48-21 40th Street Sunnyside · Stock Cooperative 48-21 40th Street, South nnyside, NY 11104 A building in Sunnyside, currently featuring 0 active listings. - **Year Built**: 1955 - **Active Units**: 0 - **Floors**: 6 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/48-21-40th-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5H](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11104/48-21-40th-street-h-5H-ny-11104) | 1 | 1 | — | — | $299,000 — In contract | Compass | Oct 15, 2025 | 336 days | ## Sunnyside Overview of Sunnyside [Explore Sunnyside](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/sunnyside) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Sunnyside - [Woodside real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/woodside) - [Long Island City real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/long-island-city) - [Maspeth real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/maspeth) - [Greenpoint real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/greenpoint) - [Astoria real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/astoria) - [Roosevelt Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/roosevelt-island) ## Related Links - [48-21 40th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/48-21-40th-street) - [Sunnyside neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/sunnyside) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.