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42-31 Colden St #F7a, Flushing, NY, 11355

4beds
3baths
2,428sqft
$1,615,000
$665price/sqft
$9,863/moest. monthly cost
$394,520/yrincome needed

About This Home

Welcome to this stunning newly renovated penthouse residence in the heart of Flushing. Boasting an impressive 2428 square feet of living space, this spacious home features 4 bedrooms and 3 full bathrooms, including a luxurious primary suite with a private bath. The bright and airy layout offer generous living and entertaining areas, complemented by a large private terrace with open views. The move-in ready apartment has been tastefully updated and is equipped with 6 split-system air conditioners for year-round comfort. An additional indoor parking space is available for $75,000 with a separate deed and must be sold together. Ideally located near an abundance of shopping, supermarkets, restaurants, and retail centers, this home also offers exceptional transportation access, including the 7 Train, LIRR and multiple bus lines (Q17,Q20A,Q20B,Q25, Q34 and Q44). Conveniently situated near major highways for easy commuting. Don't miss this rare opportunity to own a spacious penthouse.

Getting Around

97
WalkingWalker's Paradise
0
TransitVery Limited Transit
66
BikeBikeable

Schools

10/10
Ps 24 Andrew JacksonGrades PK-50.4 mi
7/10
Is 237Grades 6-80.4 mi
3/10
John Bowne High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1997

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 2,428
  • Total interior livable area: 2,428 sqft

Property

Accessibility

  • Accessibility features: Wheelchair Access

Details

  • Parcel number: 051371738
  • Special condition: Resale

Features

  • Patio & porch: Terrace
  • Exterior features: Terrace
  • Has view: Yes
  • View description: City,Skyline

Parking

  • Parking features: Garage
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,166$97,992
Home Insurance *$287$3,444
Property Taxes $1,009$12,108
Electricity $401$4,814
Total$9,863$118,356
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$338,160/yr
40% on housing$295,890/yr
45% on housing$263,013/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$665This listing

vs Other Active Listings

Avg $/sqft

ZIP 11355$554
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11355$653
Queens County$600

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-28Listed for sale$1,615,000
2021-09-01Listing removed--
2021-02-20Listed for sale$1,498,000
2021-01-12Listing removed--
2020-12-05Price change$4,300
2020-09-29Price change$4,500
2020-08-12Listed for rent$5,000
1999-07-01Sold$340,000
1998-04-02Sold$293,000

For Sale by Agent

AgentFan K Tsang
BrokerageE Realty International Corp

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