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BAY TERRACE A monthly analysis of residential sales in Bay Terrace, Queens February 2018

P: 718-715-1758 www.PropertyShark.com [email protected]

Residential Market Report, February 2018 Bay Terrace, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$425K

19

$723

$440K

-6% YoY

6% YoY

17% YoY

13% YoY

NEIGHBORHOOD BOUNDARIES

P: 718-715-1758 www.PropertyShark.com [email protected]

RESIDENTIAL STATS Median Sale Price by Month $700K $600K $500K

$425K

$400K $300K $200K $100K $

Median Sale Price by Quarter $600K $500K

$413K

$400K $300K

$200K $100K $

Number of Transactions Year 2013 2014 2015 2016 2017 2018

Jan 20 27 23 21 32 14

Feb 23 21 17 26 18 19

Mar 18 19 25 26 17

Apr 15 5 15 13 16

May 20 24 22 19 18

Jun 25 27 32 24 26

Jul 36 29 16 17 20

Aug 26 28 20 27 24

Sep 29 31 16 42 29

Oct 25 23 31 26 21

Nov 24 18 22 21 20

Dec 32 18 13 23 30

50 40

30 20

14

19

10 0 Jan

Feb

Mar

Apr

May

Jun 2016 2017

Jul 2018

Aug

Sep

Oct

Nov

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Dec

Median Sale Price per Square Foot $800 $700 $600 $500 $400 $300 $200 $100 $

$723

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $592,500 Coops $320,000 Houses -

Y-o-Y -8% -2% -

Median sale price/sqft $723 -

Y-o-Y 16% -

Transactions 8 11 0

Number of Sales by Building Type

42%

Condos Coops

58%

Houses

P: 718-715-1758 www.PropertyShark.com [email protected]

LIST OF TRANSACTIONS Address 2 Bay Club Dr #18J 1836 Corporal Kennedy St #24 2 Bay Club Dr #17Z 20540 Brian Cres 20990 23 Ave #1O 1 Bay Club Dr #4S 2 Bay Club Dr #3D 1805 215 St #11G 1815 215 St #14R 21005 Corp Kennedy St #1H 21135 23 Ave #4N 20920 18 Ave #2K 21005 Corp Kennedy St #5F 1805 215 St #12L 2345 Bell Blvd #5F 2345 Bell Blvd #1F 1840 211 St #5A

BBL 4-05893-1934 4-05863-1024 4-05893-1923 4-05843-1061 4-05893-1012 4-05893-1083 4-05893-1537 4-05938-0005 4-05938-0007 4-05878-0050 4-05872-0002 4-05878-0075 4-05878-0050 4-05938-0005 4-05958-0075 4-05958-0075 4-05878-0003

Sale date 22-Feb-18 7-Feb-18 21-Feb-18 26-Feb-18 14-Feb-18 15-Feb-18 8-Feb-18 22-Feb-18 13-Feb-18 2-Feb-18 2-Feb-18 13-Feb-18 28-Feb-18 28-Feb-18 12-Feb-18 23-Feb-18 23-Feb-18

Sale price $777,000 $675,000 $624,000 $592,500 $570,000 $560,000 $560,000 $460,000 $425,000 $339,000 $329,990 $325,000 $315,000 $310,000 $255,000 $249,000 $246,000

Property type Condo Condo Condo Condo Condo Condo Condo Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop

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Sqft 1,190 1,200 729 731 915 762 775