Downtown Flushing Report


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Downtown Flushing Report Downtown Flushing MARCH 2016 in Downtown Flushing, Queens

#N/A

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

Borough

Neighborhood

Queens

Year

Downtown Flushing Month

2016

3

Residential Market Report, March 2016 Downtown Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ. FT.

25 $318K

$660

$318K

25

$660

-29% Y-o-Y

0% Y-o-Y

15% Y-o-Y

NEIGHBORHOOD BOUNDARIES

2 www.propertyshark.com

BOROUGH MEDIAN SALE PRICE

$352K

$352K

4% Y-o-Y

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

$448K $318K

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

$365K

$313K

Number of Transactions Month Jan

2011 44

2012 32

2013 47

2014 44

2015 40

2016 35

Feb

38

29

33

40

41

45

Mar

43

31

27

47

25

25

Apr

46

40

30

36

37

May

48

45

34

40

43

Jun

41

41

40

39

46

Jul

42

32

44

45

49

Aug

39

43

39

40

36

Sep

26

35

65

85

45 49

Oct

31

28

61

97

Nov

26

36

42

37

35

Dec

44

37

43

49

48

120 100

80 60 45

35

40

25 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

$660

$576

CO-OP VERSUS CONDO SALES Type of Residential Properties Sold

Property type

Median Price

Median price per sq. ft.

Y-o-Y change -9%

Price $660

Y-o-Y change 15%

No. of sales

Condos

Condos

Price $452,066

14

56.0%

Co-ops

Co-ops

$200,500

-20%

$223

n/a

10

40.0%

Houses

Houses

$2,358,862

n/a

$1,949

n/a

1

4.0%

Number of Sales by Building Type

Co-ops 40.0%

Houses 4.0%

Condos 56.0%

4 www.propertyshark.com

25

LIST OF TRANSACTIONS Address 1 3219 Linden St 2 3916 Prince Street #11A

BBL 4-04952-0009 4-04973-1086

Sale date 31-Mar-16 25-Mar-16

Sale price $2,358,862 $2,250,000

Property type House Condo

Sqft 1,210 n/a 1,090

3 13625 Maple Avenue #PHC

4-05134-1273

10-Mar-16

$720,000

Condo

4 13835 Elder Avenue #15G

4-05137-1356

11-Mar-16

$630,000

Condo

871

5 13259 41 Road #5A

4-05039-1015

22-Mar-16

$575,000

Condo

955

6 3215 Leavitt Street #4A

4-04954-1115

04-Mar-16

$496,860

Condo

n/a

7 4142 College Point Blvd #3E

4-05063-1011

14-Mar-16

$489,762

Condo

n/a

8 13220 Sanford Avenue #3R

4-05101-1306

07-Mar-16

$460,000

Condo

624

9 14118 Cherry Avenue #2G 10 4125 Kissena Boulevard #2FF

4-05193-1508

23-Mar-16

$444,132

Condo

713

4-05044-1563

10-Mar-16

$420,000

Condo

552 600

11 4322 Union Street #6D

4-05192-1124

25-Mar-16

$395,460

Condo

12 13231 Sanford Avenue #6F

4-05040-1293

03-Mar-16

$348,000

Condo

n/a

13 4125 Kissena Boulevard #2DD

4-05044-1561

09-Mar-16

$318,000

Condo

536

14 4322 Robinson Street #2C

4-05193-1403

28-Mar-16

$290,000

Condo

415

15 4335 Union St #6H

4-05193-0009

17-Mar-16

$275,000

Coop

n/a

16 3131 138 St #4K

4-04374-0049

01-Mar-16

$275,000

Coop

n/a

17 4059 College Point Blvd #PHB

4-05037-1308

11-Mar-16

$251,750

Condo

585

18 3130-3170 138 St #6H

4-04410-0056

18-Mar-16

$250,000

Coop

n/a

19 2620-2626 Whitestone Ep W #6C

4-04312-0010

22-Mar-16

$230,000

Coop

n/a

20 4334-4340 Union St #6C

4-05192-0055

08-Mar-16

$216,000

Coop

n/a

21 2908-2914 139 St #5G

4-04342-0010

02-Mar-16

$185,000

Coop

n/a

22 2620-2626 Whitestone Ep W #6F

4-04312-0010

23-Mar-16

$156,000

Coop

n/a

23 13910-13916 28 Rd #1F

4-04343-0010

23-Mar-16

$155,000

Coop

n/a

24 2910-2950 137 St #3E 25 4357 Union St #2K

4-04371-0008

16-Mar-16

$155,000

Coop

n/a

4-05193-0001

15-Mar-16

$120,000

Coop

n/a

5 www.propertyshark.com