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42-47 Union St #2A, Flushing, NY, 11355

2beds
2baths
824sqft
$688,000
$835price/sqft
$4,276/moest. monthly cost
$171,040/yrincome needed

About This Home

Location! Location! Location! Welcome Co-Broke Spacious 2-bedroom, 2-bath condo in the heart of Downtown Flushing! Offering approximately 824 sq ft of comfortable living space, this well-located unit is perfect for both owner-occupants and investors. Enjoy a low monthly common charge of only $367, which includes all utilities except electricity, plus annual property taxes of $5,906.68. Conveniently situated just about a 10-minute walk to Flushing Main Street Library, with easy access to shopping, dining, supermarkets, and public transportation. A great opportunity to own a centrally located condo in one of Queens’ most vibrant neighborhoods.

Getting Around

98
WalkingWalker's Paradise
0
TransitVery Limited Transit
71
BikeVery Bikeable

Schools

8/10
Ps 20 John BowneGrades PK-50.1 mi
7/10
3/10
John Bowne High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 2005

Type & Style

  • Home type: SingleFamily

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total structure area: 824
  • Total interior livable area: 824 sqft

Property

Details

  • Parcel number: 051811005
  • Special condition: Resale

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
  • Earthquake
    EarthquakeModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Earthquake
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 $3,478$41,736
Home Insurance *$122$1,464
Property Taxes $430$5,160
Electricity $246$2,954
Total$4,276$51,312
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$146,605/yr
40% on housing$128,280/yr
45% on housing$114,026/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

$835This listing

vs Other Active Listings

Avg $/sqft

ZIP 11355$556
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
2026-06-08Listed for sale$688,000
2026-05-30Listing removed$689,000
2026-05-20Listed for sale$689,000
2025-12-05Listing removed$699,688
2025-10-20Price change$699,688
2025-10-16Listed for sale$738,000
2024-02-05Sold$626,380
2023-10-15Pending sale$628,000
2023-10-06Listed for sale$628,000
2008-02-13Sold$466,440

For Sale by Agent

AgentYing Gao
BrokerageWinzone Realty Inc

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