Downtown Flushing Report


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Downtown Flushing Report Downtown Flushing JANUARY 2016 in Downtown Flushing, Queens

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Downtown Flushing Report A monthly analysis of residential sales in Downtown Flushing, Queens JANUARY 2016

Borough

Neighborhood

Queens

Year

Downtown Flushing Month

2016

1

Residential Market Report, January 2016 Downtown Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ. FT.

33

BOROUGH MEDIAN SALE PRICE

$586

$370K

$370K

$370K

33

$586

21% Y-o-Y

-20% Y-o-Y

7% Y-o-Y

NEIGHBORHOOD BOUNDARIES

2 www.propertyshark.com

$370K 3% Y-o-Y

RESIDENTIAL STATS Median Sale Price by Month $500K $450K $400K $350K $300K $250K $200K $150K $100K $50K 0

$370K $305K

Median Sale Price by Quarter $450K $400K $350K $300K $250K $200K $150K $100K $50K 0

$340K

$305K

Number of Transactions Month Jan

2011 48

2012 33

2013 52

2014 52

2015 41 45

Feb

39

30

36

54

Mar

47

36

28

58

28

Apr

52

44

33

41

40

May

49

48

41

48

46

Jun

49

48

47

43

49

Jul

45

35

80

50

55

Aug

43

45

50

48

40

Sep

30

38

85

86

51

Oct

36

34

69

100

52

Nov

30

40

47

41

38

Dec

48

37

45

54

51

2016 33

120 100

80 60 40

33

20

0 Jan

Feb

Mar

Apr

May

Jun 2014

2015

Jul 2016

3 www.propertyshark.com

Aug

Sep

Oct

Nov

Dec

Median Price per Square Foot $800 $700 $600 $500 $400 $300 $200 $100 $0

$586

$548

CO-OP VERSUS CONDO SALES Type of Residential Properties Sold

Property type

Median Price

Median price per sq. ft.

Y-o-Y change 23%

Price $609

Y-o-Y change 11%

No. of sales

Condos

Condos

Price $499,395

14

42.4%

Co-ops

Co-ops

$215,000

-14%

n/a

n/a

17

51.5%

Houses

Houses

$1,069,000

74%

$468

-1%

2

6.1%

Number of Sales by Building Type

Co-ops 51.5%

Houses 6.1%

Condos 42.4%

4 www.propertyshark.com

33

LIST OF TRANSACTIONS Address 1 4312 Parsons Blvd 2 13757 Laburnum Ave

BBL 4-05197-0026 4-05150-0037

Sale date 12-Jan-16 14-Jan-16

Sale price $1,438,000 $700,000

Property type House House

Sqft 3,695 1,280

3 13338 Sanford Avenue #7E

4-05121-1121

06-Jan-16

$629,279

Condo

747

4 4317 Union Street #4C

4-05193-1123

08-Jan-16

$610,000

Condo

1,186

5 13835 Elder Avenue #17E

4-05137-1376

21-Jan-16

$585,000

Condo

831

6 4140 Union Street #6D

4-05045-1093

06-Jan-16

$572,000

Condo

939

7 13915 34 Avenue #3B

4-04955-1207

28-Jan-16

$530,000

Condo

907

8 13510 35 Avenue #3A

4-04959-1204

27-Jan-16

$510,000

Condo

890 n/a

9 4142 College Point Blvd #6E

4-05063-1026

08-Jan-16

$501,930

Condo

10 4142 College Point Blvd #7D

4-05063-1030

05-Jan-16

$496,860

Condo

n/a

11 13229 Blossom Avenue #3A

4-05105-1424

05-Jan-16

$483,360

Condo

783

12 13326 Avery Avenue #4A

4-05105-1509

04-Jan-16

$480,000

Condo

954

13 13616 31 Road #7B

4-04409-1017

19-Jan-16

$438,000

Condo

667

14 14037 Cherry Avenue #6B

4-05186-1117

27-Jan-16

$425,000

Condo

725

15 14205 Roosevelt Ave #415

4-05020-0001

26-Jan-16

$380,000

Coop

n/a

16 4310 Kissena Blvd #8M

4-05137-0067

19-Jan-16

$375,000

Coop

n/a

17 13305 41 Avenue #4A

4-05037-1208

29-Jan-16

$370,000

Condo

520

18 4255 Colden St #8P

4-05137-0011

28-Jan-16

$365,000

Coop

n/a

19 4355 Kissena Boulevard #5H

4-05186-1002

13-Jan-16

$360,000

Coop

n/a

20 4465-4473 Kissena Blvd #2E

4-05192-0001

28-Jan-16

$290,000

Coop

n/a

21 (no address)

4-05125-1222

26-Jan-16

$271,499

Condo

n/a

22 13705 Franklin Ave #5S

4-05135-0057

13-Jan-16

$260,000

Coop

n/a

23 13910-13916 28 Rd #6C

4-04343-0010

14-Jan-16

$232,000

Coop

n/a

24 2610 Union St #1E 25 2610 Union St #1E

4-04285-0010

29-Jan-16

$218,000

Coop

n/a

4-04285-0010

26-Jan-16

$215,000

Coop

n/a

26 13910-13916 28 Rd #1E

4-04343-0010

12-Jan-16

$195,000

Coop

n/a

27 2909-2930 137 St #5J

4-04340-0010

21-Jan-16

$188,000

Coop

n/a

28 2909-2930 137 St #4L

4-04340-0010

28-Jan-16

$170,000

Coop

n/a

29 3150 140 St #5E

4-04374-0035

15-Jan-16

$170,000

Coop

n/a

30 2610 Union St #2A

4-04285-0010

26-Jan-16

$169,000

Coop

n/a

31 2908-2914 139 St #6G

4-04342-0010

13-Jan-16

$165,000

Coop

n/a

32 4355 Kissena Boulevard #2E

4-05186-1002

11-Jan-16

$164,000

Coop

n/a

33 3150 140 St #2C

4-04374-0035

29-Jan-16

$155,000

Coop

n/a

5 www.propertyshark.com