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DOWNTOWN FLUSHING A monthly analysis of residential sales in Downtown Flushing, Queens July 2017

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

Residential Market Report, July 2017

Residential Market Report, July 2017 Downtown Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$685K

72

$600

$494K

78% YoY

167% YoY

-9% YoY

26% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Month $800K

$685K

$700K

$600K $500K $400K $300K $200K

$100K $

Median Sale Price by Quarter $600K

$549K

$500K $400K $300K

$200K $100K $

Number of Transactions Year 2012 2013 2014 2015 2016 2017

Jan 32 52 51 41 38 29

Feb 31 36 54 42 48 25

Mar 36 26 57 27 31 60

Apr 45 34 41 39 34 66

May 46 40 48 43 29 64

100 80

60

60 40

29

66

Jun 47 47 43 50 36 78 78

64

Jul 33 81 50 54 27 72

Aug 44 50 48 39 47

Sep 36 84 86 51 30

Oct 34 67 97 52 32

Nov 39 47 41 38 36

Dec 37 45 52 51 38

72

25

20 0 Jan

Feb

Mar

Apr

May

Jun 2015 2016

Jul 2017

Aug

Sep

Oct

Nov

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Dec

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

$600

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $813,785 Coops $252,500 Houses $225,000

Y-o-Y 50% -2% -65%

Median sale price/sqft $699 $298 $195

Y-o-Y 4% -65%

Transactions 56 14 1

Number of Sales by Building Type 1% 20%

Condos Coops Houses

79%

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LIST OF TRANSACTIONS Address 13835 39 Ave #4B 4235 Main St #9D 3138 137 St #4A 14205 Roosevelt Ave #430 3118 Union St #5A 13229 Blossom Ave #3F 13616 35 Ave #2B 13510 35 Ave #3A 13930 34 Ave #4C 4355 Kissena Blvd #2C 3122 Union St #2A 2610 Union St #6B 14205 Franklin Ave #2L 13333-13335 Sanford Ave #2B 13910-13916 28 Rd #2G 2610 Union St #6E 4465-4473 Kissena Blvd #1J 4739 Colden St 13639 41 Ave #5E 13919 31 Rd #2B 4295 Main St #6F 2610 Union St #3F 3165 138 St #6L

BBL 4-04978-1302 4-05135-1175 4-04409-1308 4-05020-0001 4-04414-1207 4-05105-1429 4-04960-1006 4-04959-1204 4-04957-1015 4-05186-1002 4-04414-1005 4-04285-0010 4-05181-0001 4-05042-0057 4-04343-0010 4-04285-0010 4-05192-0001 4-05149-0070 4-05019-0101 4-04343-0125 4-05136-0050 4-04285-0010 4-04411-0001

Sale date 12-Jul-17 10-Jul-17 19-Jul-17 5-Jul-17 18-Jul-17 25-Jul-17 14-Jul-17 14-Jul-17 25-Jul-17 25-Jul-17 18-Jul-17 26-Jul-17 5-Jul-17 25-Jul-17 6-Jul-17 27-Jul-17 20-Jul-17 14-Jul-17 31-Jul-17 21-Jul-17 3-Jul-17 18-Jul-17 25-Jul-17

Sale price $1,235,501 $695,000 $640,000 $611,800 $605,000 $600,000 $575,000 $545,000 $475,000 $410,000 $400,000 $370,000 $358,000 $350,000 $265,000 $252,500 $233,000 $225,000 $200,000 $188,000 $180,000 $169,000 $140,000

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

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Sqft 733 967 1,350 833 736 856 890 577 681 800 1,200

850 1,156

750