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54-40 Little Neck Parkway #6M, Little Neck, NY, 11362

1beds
1baths
720sqft
$269,000
$374price/sqft
$1,834/moest. monthly cost
$73,360/yrincome needed

About This Home

Welcome to the stunning Valerie Arms Building, located in the desirable Little Neck area. This updated one-bedroom apartment, situated on the top floor, offers breathtaking bay and bridge views. This apartment features a spacious living room, bedroom, bathroom, and a kitchen equipped with a dishwasher, and a separate dining area. It offers plenty of natural light and ample closet space. The well-maintained building provides excellent amenities including elevator access, 24-hour security, a gym, two laundry rooms, a pool, a deck, courtyard, and easy parking for residents and guests. Conveniently located nearby shopping at Little Neck Plaza, transportation, places of worship, restaurants and hospitals. This CO-OP is also close to Manhattan, Long Island, and local airports.

Getting Around

83
WalkingVery Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

8/10
Ps 94 David D PorterGrades PK-50.8 mi
8/10
Jhs 67 Louis PasteurGrades 6-80.5 mi
5/10

Construction

Condition

  • Property condition: Actual,Updated/Remodeled
  • Year built: 1961

Materials

  • Construction materials: Brick

Type & Style

  • Home type: Cooperative
  • Architectural style: Other
  • Property subType: Stock Cooperative,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Exhaust Fan,Freezer,Microwave,Oven,Refrigerator,Stainless Steel Appliance(s),Trash Compactor
  • Laundry features: Common Area,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Galley Type Kitchen
  • Window features: Blinds,Insulated Windows
  • Flooring: Carpet,Hardwood
  • Attic: None

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 720
  • Total interior livable area: 720 sqft

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp,Accessible Central Living Area,Accessible Common Area,Accessible Doors,Accessible Elevator Installed,Accessible Entrance,Accessible Hallway(s),Visitor Bathroom

Details

  • Special condition: None
  • Exclusions: Bedroom Ceiling Fan.

Features

  • Levels: One
  • Pool features: Fenced,In Ground,Outdoor Pool
  • Patio & porch: Covered,Deck
  • Exterior features: Courtyard
  • Has view: Yes
  • View description: Bridge(s),Neighborhood

Lot

  • Features: Front Yard,Garden,Landscaped,Near Public Transit,Near School,Near Shops,Sprinklers In Front

Parking

  • Parking features: Carport,Covered,Garage,On Street,Private
  • Has uncovered spaces: Yes
  • Carport: 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

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
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 $1,360$16,320
Home Insurance *$60$720
Property Taxes $168$2,016
Electricity $246$2,954
Total$1,834$22,008
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,880/yr
40% on housing$55,020/yr
45% on housing$48,906/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

$374This listing

vs Other Active Listings

Avg $/sqft

ZIP 11362$477
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
2026-05-01Price change$269,000
2026-03-17Price change$299,999
2026-03-01Listed for sale$333,000
2018-02-13Sold$180,000

For Sale by Agent

AgentPetrina A. Vaglica
BrokerageFIRST FLAG Realty Inc

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