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

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

Residential Market Report, September 2017

Residential Market Report, September 2017 Downtown Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$570K

59

$734

$465K

59% YoY

97% YoY

5% YoY

14% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Month $800K

$700K

$570K

$600K $500K $400K

$300K $200K $100K $

Median Sale Price by Quarter $700K

$629K

$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

79

80

60

60 40

Jun 47 47 43 50 36 79

29

65

63

Jul 33 81 50 54 27 68

68

Aug 44 50 48 39 47 78

Sep 36 84 86 51 30 59

Oct 34 67 97 52 32

Nov 39 47 41 38 36

Dec 37 45 52 51 38

78 59

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 $

$734

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $819,773 Coops $300,000 Houses $1,250,000

Y-o-Y 64% 28% -

Median sale price/sqft $727 $794

Y-o-Y -2% -

Transactions 38 20 1

Number of Sales by Building Type 2%

34% Condos Coops Houses 64%

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LIST OF TRANSACTIONS Address 13313 35 Ave 3132 Union St #2B 13226 Avery Ave #11A 13235 Sanford Ave #616 13835 Elder Ave #7F 4055 College Point Blvd #3A 4318 Main St #5B 4140 Union St #2K 13930 34 Ave #5B 4265 Kissena Blvd #L9 4343 Kissena Blvd #309 4295 Main St #7H 13740 45 Ave #2C 2910-2950 137 St #4D 2610 Union St #4G 14205 Franklin Ave #7C 4245 Kissena Blvd #4V 4310 Kissena Blvd #3E 13815 Franklin Ave #326 4242 Colden St #C21 2610 Union St #2B 2610 Union St #1C 2610 Union St #5E 13454 Maple Ave #6S 4334-4340 Union St #1F 13910-13916 28 Rd #3A 2610 Union St #1A 3131 138 St #1C

BBL 4-04946-0050 4-04414-1302 4-05105-1333 4-05040-1286 4-05137-1278 4-05037-1507 4-05125-1123 4-05045-1012 4-04957-1018 4-05180-0001 4-05185-1039 4-05136-0050 4-05146-0027 4-04371-0008 4-04285-0010 4-05181-0001 4-05180-0015 4-05137-0067 4-05135-0044 4-05136-0037 4-04285-0010 4-04285-0010 4-04285-0010 4-05122-0029 4-05192-0055 4-04343-0010 4-04285-0010 4-04374-0049

Sale date 21-Sep-17 18-Sep-17 5-Sep-17 25-Sep-17 14-Sep-17 27-Sep-17 27-Sep-17 18-Sep-17 12-Sep-17 20-Sep-17 15-Sep-17 14-Sep-17 29-Sep-17 14-Sep-17 8-Sep-17 21-Sep-17 29-Sep-17 8-Sep-17 13-Sep-17 22-Sep-17 8-Sep-17 28-Sep-17 7-Sep-17 19-Sep-17 11-Sep-17 14-Sep-17 28-Sep-17 19-Sep-17

Sale price $1,250,000 $745,000 $700,000 $685,000 $570,000 $520,000 $508,000 $501,000 $475,000 $428,000 $380,000 $363,000 $330,000 $320,000 $320,000 $318,000 $315,000 $310,000 $300,000 $300,000 $295,000 $278,000 $265,000 $260,000 $248,000 $228,500 $167,000 $150,000

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

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Sqft 1,575 1,206 725 942 695 953 723 677 577 537