$10,000

closing credit¹

47-40 198th St Flushing, NY 11358

$1,928,888
6 beds
4 full
Multi-Family

Property details

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!

Highlights

Home typeDuplex
HeatingBaseboard
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Year built2022
ParkingDriveway
MLS #808654
Garage1 space

Summary

  • MLS Number: 808654
  • MLS Name: ONEKEY2
  • 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. Properties displayed may be listed or sold by various participants in the MLS.

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: 2/4/2025, 10:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,928,888

47-40 198th St

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

7

P.S. 162 John Golden School

Public District KG-5

0.3 mi

20102 53rd Ave

9

PS 130

Public District PK-5

0.6 mi

20001 42nd Ave

9

P.S. 376 Queens

Public District PK-KG

0.6 mi

21021 48th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $72,917. Residents of Flushing, NY typically earn between $35k-100k each year. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

21%
<35k
49%
35k-100k
24%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

32%
Single, No Kids
5%
Single, with Kids
35%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
44%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Boston MarketBoston Market
  • StarbucksStarbucks

What do the neighbors drive?

  • VolvoVolvo
  • MercedesMercedes
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

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

Over 208 listings were sold over their listed price in January 2025 in Flushing, NY. In the same period over 759 listings were sold below the listed price and 890 listings were sold for the listed price. The inventory of homes for sale in Flushing, NY between December and January 2025 decreased by 3.4%. While the average time on the market in January 2025 was 79 days, the median list price was $862,270.

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

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