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DOWNTOWN FLUSHING A monthly analysis of residential sales in Downtown Flushing, Queens October 2016
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Residential Market Report, October 2016
Residential Market Report, October 2016 Downtown Flushing, Queens
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
QUEENS MEDIAN SALE PRICE
$473K
35
$648
$440K
60% YoY
-33% YoY
-4% YoY
16% YoY
NEIGHBORHOOD BOUNDARIES
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RESIDENTIAL STATS Median Sale Price by Month $500K $450K $400K $350K $300K $250K $200K $150K $100K $50K $
$473K
Median Sale Price by Quarter $450K $400K $350K $300K $250K $200K $150K $100K $50K $
$360K
Number of Transactions Year 2011 2012 2013 2014 2015 2016
Jan 48 33 52 52 41 39
Feb 39 31 36 54 45 48
Mar 47 36 28 58 28 31
Apr 52 45 34 41 40 34
May 49 48 41 48 46 32
Jun 50 48 47 43 50 36
32
36
Jul 45 35 81 50 55 28
Aug 43 45 50 48 40 49
Sep 30 38 85 86 51 30
Oct 37 35 69 100 52 35
30
35
Nov 30 41 47 41 39
Dec 48 37 45 54 51
120
100 80
60 40
39
48 31
34
49 28
20
0 Jan
Feb
Mar
Apr
May
Jun 2014 2015
Jul 2016
Aug
Sep
Oct
Nov
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Dec
Median Sale Price per Square Foot $800 $700 $600 $500 $400 $300 $200 $100 $
$648
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $509,995 Coops $272,500 Houses $970,000
Y-o-Y 4% 16% -
Median sale price/sqft $648 $201 $729
Y-o-Y -5% -7% -
Transactions 18 13 4
Number of Sales by Building Type
11%
Condos 52% 37%
Coops Houses
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LIST OF TRANSACTIONS Address 4332-4334 Burling St 4527 Bowne St 3720 Prince Street #PHB 15212 Peck Ave 13712 Kalmia Ave 3625 Union Street #3E 4317 Union Street #3A 13212 Pople Avenue #5R 14021 32 Avenue #5JN 4142 College Point Blvd #7B 14205 Roosevelt Ave #732 13616 31 Road #5B 13203 Sanford Avenue #6B 13338 Avery Avenue #4RA 13708 31 Road #6E 14205 Roosevelt Ave #435 13810 Franklin Ave #16K 13338 Avery Avenue #1RA 13417 Dahlia Avenue #172A 13218 Avery Avenue #1C 4310 Kissena Blvd #3K 3506 Leavitt Street #6F 14024 31 Drive #2B 13430-13434 Franklin Ave #5C 14065 Beech Ave #7M 13605 Sanford Avenue #6A 13870 Elder Ave #6A 13229 Blossom Avenue #7A 4242 Colden St #E27 13777 Kissena Blvd #4H 3165 138 St #6L 2908-2914 139 St #3F
BBL 4-05196-0066 4-05203-0049 4-04972-1097 4-05178-0151 4-05150-0108 4-05010-7067 4-05193-1114 4-05104-1110 4-04414-1441 4-05063-1028 4-05020-0001 4-04409-1011 4-05040-1035 4-05105-1115 4-04410-1232 4-05020-0001 4-05137-0055 4-05105-1103 4-05125-1006 4-05105-1006 4-05137-0067 4-04960-1154 4-04414-1108 4-05123-0051 4-05185-0054 4-05043-1002 4-05145-0055 4-05105-1460 4-05136-0037 4-05145-0068 4-04411-0001 4-04342-0010
Sale date 13-Oct-16 7-Oct-16 21-Oct-16 4-Oct-16 7-Oct-16 21-Oct-16 28-Oct-16 21-Oct-16 11-Oct-16 18-Oct-16 28-Oct-16 21-Oct-16 25-Oct-16 12-Oct-16 26-Oct-16 28-Oct-16 5-Oct-16 14-Oct-16 17-Oct-16 4-Oct-16 21-Oct-16 27-Oct-16 11-Oct-16 10-Oct-16 31-Oct-16 11-Oct-16 19-Oct-16 5-Oct-16 31-Oct-16 12-Oct-16 20-Oct-16 31-Oct-16
Sale price $1,300,000 $1,100,000 $1,050,000 $840,000 $829,000 $735,000 $665,000 $628,000 $628,000 $610,950 $575,561 $559,000 $520,000 $499,990 $490,000 $475,000 $470,000 $470,000 $450,000 $438,000 $435,000 $415,740 $410,000 $278,000 $275,000 $270,000 $260,000 $243,900 $240,000 $200,000 $169,000 $138,000
Property type House House Condo House House Condo Condo Condo Condo Condo Coop Condo Condo Condo Condo Coop Coop Condo Condo Condo Coop Condo Condo Coop Coop Coop Coop Condo Coop Coop Coop Coop
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Sqft 1,734 1,485 1,371 1,429 1,156 836 1,280 917 891 870 667 810 866 1,188
1,583 886 567 932 627
499
750 780