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

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

Residential Market Report, December 2016

Residential Market Report, December 2016 Downtown Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$372K

40

$682

$432K

0% YoY

-22% YoY

12% YoY

18% YoY

NEIGHBORHOOD BOUNDARIES

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

$372K

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

$400K

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 48

Sep 30 38 85 86 51 31

Oct 37 35 69 100 52 35

Nov 30 41 47 41 39 38

31

35

38

Dec 48 37 45 54 51 40

120

100 80

60 40

39

48 31

34

48 28

40

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 $

$682

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $484,163 Coops $263,000 Houses $919,000

Y-o-Y -9% 12% -

Median sale price/sqft $705 $282 $945

Y-o-Y 10% -6% -

Transactions 15 22 2

Number of Sales by Building Type 5%

39%

Condos Coops Houses

56%

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LIST OF TRANSACTIONS Address 13761 Laburnum Ave 4235 Main Street #7B 13835 Elder Avenue #8A 3138 137 Street #7A 4140 Union Street #8R 13249 A 41 Ave 4322 Union Street #2C 13229 Blossom Avenue #3A 13352 41 Road #PHC 4310 Kissena Blvd #16D 4220 Kissena Boulevard #E1 3545 Leavitt Street #4D 13307 41 Avenue #3A 13236 Pople Avenue #4D 4125 Kissena Boulevard #4G 4265 Kissena Blvd #115 13307 41 Avenue #4B 3131 138 St #5K 13810 Franklin Ave #4M 4265 Kissena Blvd #523 4242 Colden St #B10 4465-4473 Kissena Blvd #6E 13630 Sanford Ave #3A 13910-13916 28 Rd #5E 4334-4340 Union St #5B 2610 Union St #4E 4322 Union Street #6D 4134 Frame Pl #6E 2610 Union St #5G 2610 Union St #1B 14035 Beech Ave #6G 2610 Union St #4C 13630 Sanford Ave #4F 13910-13916 28 Rd #3A 2610 Union St #2A 2610 Union St #2F

BBL 4-05150-0035 4-05135-1155 4-05137-1284 4-04409-1314 4-05045-1149 4-05037-0091 4-05192-1107 4-05105-1424 4-05042-1109 4-05137-0067 4-05134-1077 4-04956-1036 4-05037-1106 4-05104-1032 4-05044-1496 4-05180-0001 4-05037-1109 4-04374-0049 4-05137-0055 4-05180-0001 4-05136-0037 4-05192-0001 4-05134-0024 4-04343-0010 4-05192-0055 4-04285-0010 4-05192-1124 4-05040-0032 4-04285-0010 4-04285-0010 4-05185-0077 4-04285-0010 4-05134-0024 4-04343-0010 4-04285-0010 4-04285-0010

Sale date 16-Dec-16 14-Dec-16 1-Dec-16 19-Dec-16 19-Dec-16 23-Dec-16 2-Dec-16 30-Dec-16 6-Dec-16 29-Dec-16 22-Dec-16 22-Dec-16 13-Dec-16 20-Dec-16 2-Dec-16 29-Dec-16 9-Dec-16 28-Dec-16 20-Dec-16 16-Dec-16 15-Dec-16 16-Dec-16 15-Dec-16 14-Dec-16 20-Dec-16 19-Dec-16 6-Dec-16 1-Dec-16 12-Dec-16 8-Dec-16 29-Dec-16 22-Dec-16 2-Dec-16 23-Dec-16 14-Dec-16 29-Dec-16

Sale price $1,230,000 $750,000 $625,000 $620,000 $618,000 $608,000 $538,000 $498,000 $490,000 $488,000 $478,325 $465,000 $450,000 $440,000 $410,000 $380,000 $378,000 $378,000 $365,000 $333,000 $326,434 $322,000 $288,000 $270,000 $266,000 $260,000 $250,000 $245,000 $240,000 $234,000 $226,083 $220,000 $206,000 $180,000 $165,000 $158,888

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

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Sqft 1,264 849 916 967 954 663 600 783 620 1,062 618 520 62 616 1,100 520

600 850

750