$1,950,000

47-40198th St Flushing, NY 11358

$10,000
Closing credit¹
6 beds
5 full
Multi-Family

Property details

About 47-40198th St

Located on a spacious 35x100 lot, this newly constructed two-family residence offers modern interior design with exceptional living and investment potential. The building measures 25x48.6 and features thoughtfully designed layouts on each floor—each unit includes 3 bedrooms and 2 full bathrooms, providing ample space and comfort. Additional highlights include a fully finished basement with a separate entrance, perfect for extended family, and a detached garage with a private driveway for convenient off-street parking. Nestled on a quiet street in a highly convenient location—just a 5-minute walk to H Mart supermarket and within close proximity to the Q76, Q31, and Q27 bus lines, offering direct access to downtown Flushing. Enjoy easy connectivity to major highways, making commuting a breeze. Ideal for both primary residence and investment opportunities. Don't miss out on this rare find in Flushing!

Highlights

Home typeDuplex
HeatingBaseboard
StatusActive
CoolingElectric, Multi Unit(s)
BasementYes
Year built2024
ParkingDetached, Driveway
MLS #862881
Garage1 space

Summary

  • Full Bathrooms: 5
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: First Floor Bedroom
  • Total Bedroom Count: 6
  • Garage Space: 1 space
  • Private Pool: No
  • Parking: Detached, Driveway
  • Heating: Baseboard
  • Cooling: Electric, Multi Unit(s)
  • List Price: $1,950,000
  • Year Built: 2024
  • MLS Number: 862881
  • MLS Name: ONEKEY2
  • Office Name: Tru International Realty Corp
  • Office Phone: (929) 608-9600

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: 5/31/2025, 12:11:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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47-40198th St, Flushing, NY 11358 - view of front of property featuring brick siding and a front lawn

$1,950,000

47-40198th St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

3

Harvey C Fenner Elementary School

Public District 3-5

1.0 mi

2 East Ave N

2

Carlyle C Ring Elementary School

Public District PK-4

2.0 mi

333 Buffalo St

3

Clinton V Bush Elementary School

Public District PK-4

2.1 mi

150 Pardee 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 $59,753. The most common annual income of people living in Flushing, NY is between $35k-100k. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

34%
<35k
57%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

34%
Single, No Kids
9%
Single, with Kids
40%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
9%
12-17 yrs old
15%
18-34 yrs old
46%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • MotocrossMotocross
  • NASCARNASCAR
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • GameStopGameStop
  • Dick's Sporting GoodsDick's Sporting Goods
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • SonicSonic
  • ArbysArbys
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • JeepJeep
  • GMCGMC
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • Adult HitsAdult Hits
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

This home is located at 47-40198th St in Flushing, NY and zip code 14733. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 15, 2025 and is currently priced at $1,950,000.

In April 2025 more than 0 listings in Flushing, NY were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 0 were sold below. The number of listings in Flushing, NY decreased by 30% between March and April 2025. In April 2025, listings were on the market for 3 days. During the same period, the median list price in this real estate market was $20,000.

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

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