Classic red brick co-op in good value and well-connected Sunnyside
“Sunnyside stands out as one of the most affordable places to live in New York,” a 2025 QNS reports in an article about the ten most watched and searched for neighborhoods. “It’s median asking price of $429,000 is less than half of Ridgewood’s, making it an attractive option for first-time buyers. The neighborhood is celebrated for its tree-lined streets, art deco co-ops and private green spaces like Sunnyside Gardens Park. A quick commute to Manhattan via the 7 train further enhances its appeal.” Taking pride of place among low-rise townhomes in its midst, 50-22 40th St. is just four blocks south from the 40 St-Lowery Street subway station. A trip to Midtown takes just under half an hour. Connectivity is indeed favorable attribute here. So is the price of the co-op’s 51 studios and one-bedrooms; many of which have been fully renovated in recent years and feature fully enclosed galley kitchens. Even if erected in 1961, the building’s layouts are generously proportioned, and ceilings are especially high; qualities more commonly found in prewar residences.
Because of the slightly ornate, seven-story red brick structure’s unique position, the residences on higher level take in tons of natural light and have entirely unobstructed views of the surrounding neighborhood, the Manhattan skyline to the east and the close-by interchange of the Long Island and Brooklyn Queens expressways. For those residents that easily find street parking in the area, access on to both is a breeze. There are onramps from building-adjacent Greenpoint Avenue, 43rd Street and the Queens Midtown Expressway Access Road running just at the end of the block. Though 50-22 40th Street does have a well maintained, fully equipped laundry room and a fully furnished backyard with a BBQ and pizza oven, the main attractions here are external. Though smaller and less renowned than nearby Astoria’s multicultural food scene, Sunnyside punches above its weight with a dynamic offering of restaurants, eateries and watering holes.
Oft-updated studios, one-bedrooms and a combined three-bedroom
Studios with over 400 square feet of space, separate kitchens and foyers sell for $225,000. One-bedrooms with at least 550 square feet of space, fully enclosed kitchens and ample storage space go for $350,000. On the market for that price in winter 2025, unit 4B features custom sliding doors on built-in closets and a bedroom spacious enough for a king size frame. There’s hardwood flooring throughout. Selling at the same time and price, unit 2H is equipped with energy efficient LED light fixtures, a fresh swathe of bathroom tiles and state of the art stainless steel appliances. Uniquely, one-bedroom layouts include kitchens — some with windows — that tuck away behind more centralized bathrooms. There’s one combined three-bedroom sold for $640,000 in early 2024. Unit 5BC is distinguished by its semi-transparent French doors. Monthly maintenance fees throughout the building are low and hover around the $800 mark.
The less and less well-kept secret of Sunnyside’s thriving food scene and other area attributes
According to a 2020 New York Times article, there are two sides to Sunnyside, the more upmarket Gardens section North of Queens Boulevard and the more affordable portion to the south, in which 50-22 40th St. is situated. Regardless of this ‘other side of the tracks’ split, the neighborhood is surrounded by green space, even if some of that is large sections of cemetery that delimit Queens from Brooklyn. Several pocket parks and playgrounds such as Sanu, Banu, and Lemurland line nearby Greenpoint Avenue. The latter also has ample sports facilities.
Along this stretch there’s also an endless array of essential service businesses and owner-operated haunts reflecting the neighborhood and wider borough’s particularly rich cultural diversity. While La Pollera de Marios is a popular Columbian eatery, Danubius across the street is a quintessential Romanian restaurant. Other authentic Latin American spots populate 48th Avenue. There’s a Green Valley Marketplace further up Greenpoint Avenue and a Key Food on Queens Boulevard. Across the Long Island Rail Road yard toward the East, Long Island City’s Court Square unfolds with big box stores and art museum such as MoMA PS1 and the Sculpture Center. To the north, Astoria not only plays host to one of New York’s best food scenes but also, other cultural institutions like the Museum of the Moving Image. Along Northern Boulevard in adjacent Woodside, there’s a Home Depot and Michaels among other name brand stores.
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Quantarium
Current List Price
Sold Price
Area Factors
Moderate Crime
Crime Score®
5/ 10
Very Bikeable
Bike Score®
74/ 100
Very Walkable
Walk Score®
75/ 100
Excellent Transit
Transit Score®
78/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
L/CPL Thomas P. Noonan Jr Playground
6 min walk
Basketball
Playground
Torsney Park
14 min walk
Kingsland Wildflowers
4 min drive
Trails
Botanical Gardens
John Downing Park
4 min drive
Trails
Dutch Kills Green
4 min drive
Under The ‘K’ Bridge Park
4 min drive
Bike Trails
Skateboard
Doughboy Plaza
5 min drive
Dog Park
Trails
Playground
Lawrence Virgilio Playground
5 min drive
Basketball
Pool
Trails
Sgt. William Dougherty Playground
5 min drive
Basketball
Playground
Schools
Source:
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