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

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

Residential Market Report, October 2017

Residential Market Report, October 2017 Downtown Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$580K

52

$683

$474K

23% YoY

63% YoY

17% YoY

9% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Month $800K

$700K

$580K

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

$200K $100K $

Median Sale Price by Quarter $700K

$630K

$600K

$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 65

May 46 40 48 43 29 63

100

78

80

60

60 40

Jun 47 47 43 50 36 78

29

65

63

Jul 33 81 50 54 27 68

68

Aug 44 50 48 39 47 76

Sep 36 84 86 51 30 55

Oct 34 67 98 52 32 52

55

52

Nov 39 47 41 38 36

Dec 37 45 52 51 38

76

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 $

$683

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $730,000 Coops $245,000 Houses -

Y-o-Y 46% -10% -

Median sale price/sqft $693 $308 -

Y-o-Y 8% 53% -

Transactions 34 19 0

Number of Sales by Building Type

36% Condos Coops Houses

64%

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LIST OF TRANSACTIONS Address 13347 Sanford Ave #3D 3506 Leavitt St #6C 4105 College Point Blvd #5A 3916 Prince St #7H 4318 Main St #6F 3506 Leavitt St #2G 13208 Pople Ave #5C 13708 31 Rd #7B 4140 Union St #7D 4140 Union St #18E 4140 Union St #11H 4125 Kissena Blvd #3F 4242 Union St #L3 14024 31 Dr #5A 13870 Elder Ave #7M 13810 Franklin Ave #15M 4465-4473 Kissena Blvd #5M 14065 Beech Ave #2C 14075 Ash Ave #5A 4255 Colden St #4T 4245 Kissena Blvd #5P 2610 Union St #2E 2610 Union St #6E 13635 Maple Ave #7C 2610 Union St #11354 13910-13916 28 Rd #2A 2908-2914 139 St #2A 13919 31 Rd #3J 3165 138 St #1H 13705 Franklin Ave #2F 2910-2950 137 St #5L 13430-13434 Franklin Ave #3A

BBL 4-05042-1422 4-04960-1151 4-05039-1123 4-04973-1067 4-05125-1134 4-04960-1115 4-05104-1216 4-04410-1235 4-05045-1115 4-05045-1336 4-05045-1207 4-05044-1478 4-05180-1044 4-04414-1119 4-05145-0055 4-05137-0055 4-05192-0001 4-05185-0054 4-05182-1026 4-05137-0011 4-05180-0015 4-04285-0010 4-04285-0010 4-05134-0059 4-04285-0010 4-04343-0010 4-04342-0010 4-04343-0125 4-04411-0001 4-05135-0057 4-04371-0008 4-05123-0051

Sale date 20-Oct-17 31-Oct-17 20-Oct-17 18-Oct-17 26-Oct-17 16-Oct-17 16-Oct-17 30-Oct-17 30-Oct-17 6-Oct-17 3-Oct-17 11-Oct-17 31-Oct-17 2-Oct-17 19-Oct-17 3-Oct-17 11-Oct-17 4-Oct-17 18-Oct-17 13-Oct-17 25-Oct-17 19-Oct-17 10-Oct-17 25-Oct-17 19-Oct-17 31-Oct-17 18-Oct-17 31-Oct-17 3-Oct-17 26-Oct-17 13-Oct-17 19-Oct-17

Sale price $730,000 $710,000 $695,000 $690,000 $670,000 $657,000 $610,000 $600,000 $570,000 $550,000 $520,000 $490,000 $440,000 $420,000 $417,955 $389,000 $370,000 $331,749 $330,000 $330,000 $310,531 $308,000 $300,000 $245,000 $245,000 $205,000 $202,000 $195,000 $175,000 $169,000 $163,000 $114,000

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

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Sqft 1,027 1,120 826 623 1,135 1,039 555 1,121 939 643 736 552 635 624

1,093

1,000