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DOWNTOWN FLUSHING A quarterly analysis of residential sales in Downtown Flushing, Queens 1st Quarter 2017
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Residential Market Report, 1st Quarter 2017
Residential Market Report, 1st Quarter 2017 Downtown Flushing, Queens
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
QUEENS MEDIAN SALE PRICE
$620K
220
$700
$406K
71% YoY
83% YoY
12% YoY
10% YoY
NEIGHBORHOOD BOUNDARIES
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RESIDENTIAL STATS Median Sale Price by Quarter $700K
$620K
$600K
$500K $400K $300K $200K $100K $
Median Sale Price by Year $450K $400K $350K $300K $250K $200K $150K $100K $50K $
$379K
Number of Transactions Quarter Q1 Q2 Q3 Q4
2012 129 172 154 150
250
2013 159 196 282 195
2014 182 139 187 200
2015 116 136 148 148
2016 120 108 110 149
2017 220
220
200
150 100
50 0 Q1
Q2
2015
Q3
2016
Q4
2017
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Median Sale Price per Square Foot $800 $700 $600 $500 $400 $300 $200 $100 $
$700
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $664,981 Coops $254,000 Houses $750,000
Y-o-Y 26% 10% -30%
Median sale price/sqft $737 $321 $678
Y-o-Y 12% 44% 45%
Transactions 171 46 3
Number of Sales by Building Type 1% 21%
Condos Coops Houses
78%
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TOP 100 TRANSACTIONS Address 13105 40 Rd #16E 13105 40 Rd #PH3Q 13105 40 Rd #PH3N 4022 College Point Blvd #PH3-H 4028 College Point Blvd #PH103 13105 40 Rd #8Q 13105 40 Rd #17G 13105 40 Rd #PH3K 13105 40 Rd #11M 13105 40 Rd #17K 13105 40 Rd #17M 13105 40 Rd #PH3J 13105 40 Rd #16J 13105 40 Rd #15K 13105 40 Rd #10K 13105 40 Rd #17J 13105 40 Rd #PH3A 13105 40 Rd #19A 13105 40 Rd #10M 13105 40 Rd #18A 13105 40 Rd #10J 13105 40 Rd #PH3U 3720 Prince St #PHE 13105 40 Rd #17A 13105 40 Rd #16A 13105 40 Rd #16U 13105 40 Rd #15A 13105 40 Rd #12A 13730 Negundo Ave 4235 Main St #6B 4022 College Point Blvd #6K 13105 40 Rd #18P 13105 40 Rd #18N 13105 40 Rd #16P 13105 40 Rd #17N 13624 Maple Ave #6C 13105 40 Rd #15N 13105 40 Rd #11P 13105 40 Rd #19L 13105 40 Rd #18L 13624 Maple Ave #8B 13105 40 Rd #9P 13105 40 Rd #PH1R 13105 40 Rd #17Q 13105 40 Rd #16Q 13105 40 Rd #PH2R 13105 40 Rd #PH1H 13105 40 Rd #PH3R 13105 40 Rd #15G 13736 Juniper Ave
BBL 4-05066-1813 4-05066-1896 4-05066-1895 4-05066-1132 4-05066-1572 4-05066-1712 4-05066-1833 4-05066-1892 4-05066-1762 4-05066-1837 4-05066-1839 4-05066-1891 4-05066-1817 4-05066-1799 4-05066-1741 4-05066-1836 4-05066-1883 4-05066-1865 4-05066-1743 4-05066-1847 4-05066-1740 4-05066-1900 4-04972-1100 4-05066-1828 4-05066-1809 4-05066-1827 4-05066-1790 4-05066-1770 4-05153-0017 4-05135-1146 4-05066-1009 4-05066-1859 4-05066-1858 4-05066-1822 4-05066-1840 4-05135-1043 4-05066-1802 4-05066-1764 4-05066-1875 4-05066-1856 4-05135-1054 4-05066-1727 4-05066-1930 4-05066-1842 4-05066-1823 4-05066-1914 4-05066-1923 4-05066-1897 4-05066-1795 4-05149-0019
Sale date 6-Mar-17 21-Mar-17 17-Mar-17 31-Jan-17 26-Jan-17 31-Jan-17 15-Mar-17 29-Mar-17 5-Jan-17 14-Feb-17 7-Mar-17 9-Mar-17 17-Mar-17 3-Mar-17 13-Feb-17 23-Jan-17 28-Mar-17 24-Mar-17 10-Feb-17 24-Feb-17 30-Mar-17 29-Mar-17 1-Mar-17 3-Mar-17 25-Jan-17 2-Feb-17 30-Jan-17 31-Mar-17 23-Jan-17 31-Mar-17 6-Feb-17 8-Mar-17 21-Feb-17 9-Mar-17 23-Mar-17 26-Jan-17 10-Mar-17 31-Mar-17 23-Mar-17 1-Feb-17 21-Mar-17 18-Jan-17 16-Mar-17 15-Feb-17 16-Mar-17 23-Mar-17 10-Mar-17 29-Mar-17 27-Jan-17 12-Jan-17
Sale price $1,548,491 $1,213,487 $1,209,923 $1,202,000 $1,200,000 $1,181,921 $1,108,098 $1,047,512 $1,034,275 $1,025,111 $1,019,001 $1,015,947 $1,012,383 $1,009,328 $994,054 $992,527 $989,472 $984,890 $983,872 $979,799 $971,500 $960,961 $960,000 $938,560 $933,468 $932,450 $923,286 $923,286 $920,000 $895,000 $875,000 $820,443 $803,132 $800,078 $794,986 $790,000 $780,222 $779,713 $775,131 $770,548 $770,000 $769,530 $768,003 $767,494 $763,421 $762,402 $759,348 $757,311 $752,220 $750,000
Property type Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo House Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo House
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Sqft
1,249 875
940
1,356 849 910
1,045
1,045
1,092
Address 4220 Kissena Blvd #A7 14120 25 Ave 13105 40 Rd #12Q 13105 40 Rd #19R 13105 40 Rd #16L 13105 40 Rd #11E 3720 Prince St #9C 13105 40 Rd #12L 13105 40 Rd #8L 13105 40 Rd #17R 13105 40 Rd #9F 13105 40 Rd #16R 13105 40 Rd #11G 13105 40 Rd #11F 13105 40 Rd #19H 13105 40 Rd #15R 13105 40 Rd #8F 13105 40 Rd #8G 13105 40 Rd #9R 13105 40 Rd #11R 13105 40 Rd #18B 13105 40 Rd #19C 13105 40 Rd #8E 13105 40 Rd #10R 13105 40 Rd #18C 13105 40 Rd #17B 13105 40 Rd #12H 13105 40 Rd #17D 13105 40 Rd #PH3S 14228 37 Ave #5D 13105 40 Rd #15B 13105 40 Rd #16H 13105 40 Rd #12B 13105 40 Rd #19S 13105 40 Rd #16C 13105 40 Rd #11B 13105 40 Rd #15C 13105 40 Rd #15D 13105 40 Rd #PH3I 3138 137 St #8A 13105 40 Rd #10H 13105 40 Rd #12D 13616 35 Ave #6C 13235 Sanford Ave #216 13105 40 Rd #15S 13324-13328 41 Ave #3C 14205 Roosevelt Ave #308 13675-13685 37 Ave 14225 37 Ave #7E 13105 40 Rd #10S
BBL 4-05134-1006 4-04288-0011 4-05066-1785 4-05066-1879 4-05066-1819 4-05066-1755 4-04972-1058 4-05066-1781 4-05066-1709 4-05066-1843 4-05066-1718 4-05066-1824 4-05066-1757 4-05066-1756 4-05066-1871 4-05066-1805 4-05066-1704 4-05066-1705 4-05066-1729 4-05066-1766 4-05066-1848 4-05066-1867 4-05066-1703 4-05066-1747 4-05066-1849 4-05066-1829 4-05066-1777 4-05066-1831 4-05066-1898 4-05011-1124 4-05066-1791 4-05066-1815 4-05066-1771 4-05066-1880 4-05066-1811 4-05066-1752 4-05066-1792 4-05066-1793 4-05066-1890 4-04409-1316 4-05066-1738 4-05066-1773 4-04960-1022 4-05040-1158 4-05066-1806 4-05041-1510 4-05020-0001 4-04977-1003 4-05010-1130 4-05066-1748
Sale date 24-Mar-17 25-Jan-17 24-Feb-17 30-Mar-17 1-Mar-17 24-Feb-17 21-Feb-17 23-Feb-17 27-Mar-17 21-Mar-17 13-Jan-17 7-Feb-17 9-Mar-17 13-Feb-17 28-Mar-17 7-Feb-17 15-Mar-17 12-Jan-17 27-Mar-17 18-Jan-17 28-Mar-17 26-Jan-17 4-Jan-17 30-Jan-17 26-Jan-17 21-Mar-17 2-Feb-17 10-Mar-17 22-Mar-17 3-Feb-17 30-Jan-17 2-Feb-17 20-Jan-17 30-Mar-17 2-Mar-17 8-Mar-17 4-Jan-17 3-Jan-17 21-Feb-17 27-Feb-17 13-Feb-17 6-Mar-17 28-Mar-17 23-Mar-17 11-Jan-17 13-Feb-17 14-Feb-17 13-Jan-17 22-Feb-17 16-Feb-17
Sale price $750,000 $750,000 $749,631 $742,037 $738,474 $733,382 $730,000 $724,218 $723,709 $722,691 $717,090 $713,526 $713,017 $711,999 $711,490 $708,435 $704,871 $703,344 $698,762 $698,253 $696,216 $695,198 $694,180 $693,128 $690,107 $688,070 $683,816 $674,324 $670,760 $670,000 $669,742 $667,858 $662,105 $661,596 $661,596 $659,814 $654,468 $650,395 $644,285 $643,000 $641,740 $639,703 $639,000 $638,000 $637,158 $635,000 $633,000 $630,000 $628,000 $622,902
Property type Condo House Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Coop Condo Condo Condo
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Sqft 1,666 1,620
732
831
967
913 942 1,214 909 667