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71-12 242nd St, Flushing, NY, 11362

4beds
4baths
3,312sqft
$2,280,000
$688price/sqft
$14,013/moest. monthly cost
$560,520/yrincome needed

About This Home

Magnificent Newly Renovated Brick Residence on a 20,016 SF Lot in Prestigious Douglaston Welcome to this beautifully renovated luxury brick home situated on an extraordinary 20,016-square-foot lot in the highly sought-after neighborhood of Douglaston. Offering 4 spacious bedrooms, 3 full bathrooms, and 1 half bathroom, this exceptional residence combines timeless craftsmanship, modern amenities, and an unparalleled outdoor lifestyle. The home's thoughtfully designed layout features a luxurious primary suite complete with a spacious walk-in closet, providing ample storage and comfort. Central air conditioning serves the first and second floors, while the fully finished basement is equipped with its own split-system HVAC unit for year-round comfort. A convenient second-floor laundry room adds practicality to everyday living. The finished basement boasts radiant heated floors, a private wine cellar, and flexible recreation space perfect for a home theater, gym, game room, or additional family living area. Set on an oversized 20,016 SF lot, the outdoor space is truly a private retreat. Step onto the expansive entertainment deck, ideal for outdoor dining and BBQ gatherings, overlooking a spectacular backyard complete with an existing hot tub/jacuzzi. The enormous yard offers endless possibilities for entertaining, recreation, gardening, or simply enjoying the privacy and tranquility rarely found in New York City. Additional features include a two-car garage and a private driveway accommodating up to four additional vehicles. Property Highlights: * Newly Renovated Brick Home * Massive 20,016 SF Lot * 4 Spacious Bedrooms * Luxurious Primary Suite with Walk-In Closet * 3 Full Bathrooms + 1 Half Bathroom * Central Air Conditioning on First & Second Floors * Split-System HVAC in Finished Basement * Radiant Heated Basement Floors * Private Wine Cellar * Convenient Second-Floor Laundry Room * Two-Car Garage * Driveway Parking for Up to Four Additional Vehicles * Expansive Entertainment Deck for Outdoor Dining & BBQs * Existing Hot Tub / Jacuzzi * Huge Private Backyard with Endless Potential * Located in the Prestigious Douglaston Community * Convenient Access to Shopping, Dining, Parks, Schools, Major Highways, and Public Transportation This rare offering presents an opportunity to own a meticulously renovated home on one of the largest residential lots in Douglaston, delivering the perfect blend of luxury, privacy, and outdoor living.

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

9/10
9/10
Jhs 67 Louis PasteurGrades 6-80.9 mi
4/10

Construction

Condition

  • Year built: 2006

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

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

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood
  • Fireplace: Yes

Interior Area

  • Total structure area: 3,312
  • Total interior livable area: 3,312 sqft

Property

Details

  • Parcel number: 083000079
  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Balcony,Garden

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
  • Hurricane
    HurricaneModerate
  • 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
Hurricane
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 $11,528$138,336
Home Insurance *$513$6,156
Property Taxes $1,425$17,100
Electricity $547$6,568
Total$14,013$168,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$480,445/yr
40% on housing$420,390/yr
45% on housing$373,680/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

$688This listing

vs Other Active Listings

Avg $/sqft

ZIP 11362$467
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11362$704
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
2026-06-26Price change$2,280,000
2026-06-01Listed for sale$2,480,000
2009-12-10Sold$1,221,900
1998-04-14Sold$625,000

For Sale by Agent

AgentFrank Ko
BrokerageE Realty International Corp

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