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DOWNTOWN FLUSHING A monthly analysis of residential sales in Downtown Flushing, Queens November 2016

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

Residential Market Report, November 2016

Residential Market Report, November 2016 Downtown Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$325K

42

$690

$433K

16% YoY

8% YoY

16% YoY

22% YoY

NEIGHBORHOOD BOUNDARIES

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

$325K

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 31

Oct 37 35 69 100 52 35

31

35

Nov 30 41 47 41 39 42

Dec 48 37 45 54 51

120

100 80

60 40

39

48 31

34

49 28

42

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 $

$690

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $525,000 Coops $238,500 Houses $897,500

Y-o-Y 5% -3% -4%

Median sale price/sqft $693 $224 $569

Y-o-Y 8% 18%

Transactions 15 25 2

Number of Sales by Building Type 5%

36% Condos Coops Houses 59%

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LIST OF TRANSACTIONS Address 4540 Parsons Blvd 3720 Prince Street #PHD 4220 Kissena Boulevard #C6 13742 Juniper Ave 3641 Union Street #3B 13236 Pople Avenue #1H 3118 Union Street #2B 14018 33 Avenue #102 4140 Union Street #8H 13711 32 Avenue #8W 4140 Union Street #5M 13705 Franklin Ave #6D 13338 Avery Avenue #1FA 13353 37 Avenue #5D 13218 41 Avenue #3B 13705 Franklin Ave #5B 13605 Sanford Avenue #3K 13333-13335 Sanford Ave #6D 4310 Kissena Blvd #10J 14035 Beech Ave #7B 3150 140 St #1F 3131 138 St #1A 4245 Kissena Blvd #2L 13870 Elder Ave #7F 4245 Kissena Blvd #1C 2610 Union St #2D 13910-13916 28 Rd #5C 4242 Union Street #L1 13639 41 Ave #3D 2908-2914 139 St #5G 3131 138 St #2J 3131 138 St #4L 2908-2914 139 St #6F 2908-2914 139 St #5A 2910-2950 137 St #1J 4240 Bowne St #1E 13870 Elder Ave #6V

BBL 4-05206-0028 4-04972-1099 4-05134-1039 4-05149-0021 4-05010-3002 4-05104-1012 4-04414-1204 4-04955-1042 4-05045-1141 4-04410-1035 4-05045-1079 4-05135-0057 4-05105-1101 4-04970-1008 4-05039-2104 4-05135-0057 4-05043-1002 4-05042-0057 4-05137-0067 4-05185-0077 4-04374-0035 4-04374-0049 4-05180-0015 4-05145-0055 4-05180-0015 4-04285-0010 4-04343-0010 4-05180-1042 4-05019-0101 4-04342-0010 4-04374-0049 4-04374-0049 4-04342-0010 4-04342-0010 4-04371-0008 4-05185-0043 4-05145-0055

Sale date 22-Nov-16 2-Nov-16 18-Nov-16 21-Nov-16 18-Nov-16 14-Nov-16 7-Nov-16 4-Nov-16 3-Nov-16 23-Nov-16 28-Nov-16 23-Nov-16 8-Nov-16 23-Nov-16 23-Nov-16 17-Nov-16 1-Nov-16 18-Nov-16 16-Nov-16 21-Nov-16 22-Nov-16 28-Nov-16 9-Nov-16 21-Nov-16 10-Nov-16 23-Nov-16 8-Nov-16 4-Nov-16 21-Nov-16 18-Nov-16 16-Nov-16 3-Nov-16 7-Nov-16 9-Nov-16 9-Nov-16 23-Nov-16 1-Nov-16

Sale price $1,100,000 $910,000 $830,000 $695,000 $672,000 $600,000 $598,000 $550,000 $525,000 $498,000 $470,000 $450,000 $448,000 $400,000 $395,460 $368,000 $330,000 $330,000 $325,000 $270,000 $260,000 $257,000 $257,000 $251,800 $242,000 $235,000 $232,000 $230,000 $230,000 $228,000 $190,000 $172,000 $168,000 $155,000 $154,000 $150,000 $95,580

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

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Sqft 1,545 940 1,917 1,628 968 866 758 789 712 993 636 838 591 636

335

750