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DOWNTOWN FLUSHING A monthly analysis of residential sales in Downtown Flushing, Queens September 2018

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

Residential Market Report, September 2018

Residential Market Report, September 2018 Downtown Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$519K

32

$1,019

$480K

-6% YoY

-42% YoY

39% YoY

5% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Month $800K $700K

$600K

$519K

$500K $400K $300K

$200K $100K $

Median Sale Price by Quarter $700K $600K

$454K

$500K $400K

$300K $200K $100K $

Number of Transactions Year 2013 2014 2015 2016 2017 2018

Jan 52 51 41 38 29 30

Feb 36 54 42 48 26 27

Mar 26 57 27 31 60 30

Apr 34 41 39 35 65 36

May 40 48 43 29 63 44

Jun 47 43 50 36 78 39

Jul 81 50 54 27 68 23

Aug 50 48 39 47 77 27

23

27

Sep 84 86 51 30 55 32

Oct 67 98 52 32 49

Nov 47 41 38 36 36

Dec 45 52 51 38 40

100 80 60 40

30

27

30

36

44

39

32

20 0 Jan

Feb

Mar

Apr

May

Jun 2016 2017

Jul 2018

Aug

Sep

Oct

Nov

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Dec

Median Sale Price per Square Foot $1,200 $1,019

$1,000 $800 $600

$400 $200 $

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $602,884 Coops $318,000 Houses $1,225,000

Y-o-Y -26% 4% -2%

Median sale price/sqft $1,045 $781

Y-o-Y 44% -2%

Transactions 18 12 2

Number of Sales by Building Type 6%

Condos Coops

38% 56%

Houses

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LIST OF TRANSACTIONS Address 13725 Negundo Ave 4325 Byrd St 4235 Main St #12G 14238 37th Ave #4C 4235 Main St #7C 3720 Prince St #13G 3720 Prince St #11H 4318 Robinson St #6C 13235 Sanford Ave #3K 13236 Pople Ave #1B 13338 Avery Ave #5RB 13454 Maple Ave #2C 4295 Main St #6H 2909-2930 137th St #1A 13815 Franklin Ave #405 4295 Main St #3E 3130-3170 138th St #2E 13820 31st Rd #2A 4240 Bowne St #1B 2910-2950 137th St #4F 13605 Sanford Ave #2Q 2910-2950 137th St #5L

BBL 4-05152-0041 4-05141-0038 4-05135-1202 4-05011-1327 4-05135-1156 4-04972-1094 4-04972-1079 4-05193-1322 4-05040-1201 4-05104-1006 4-05105-1120 4-05122-0029 4-05136-0050 4-04340-0010 4-05135-0044 4-05136-0050 4-04410-0056 4-04374-0035 4-05185-0043 4-04371-0008 4-05043-1002 4-04371-0008

Sale date 14-Sep-18 27-Sep-18 19-Sep-18 24-Sep-18 6-Sep-18 20-Sep-18 28-Sep-18 5-Sep-18 25-Sep-18 27-Sep-18 4-Sep-18 20-Sep-18 20-Sep-18 12-Sep-18 4-Sep-18 4-Sep-18 17-Sep-18 28-Sep-18 18-Sep-18 6-Sep-18 18-Sep-18 14-Sep-18

Sale price $1,300,000 $1,150,000 $868,000 $865,513 $850,000 $760,000 $630,000 $605,000 $540,000 $509,000 $495,000 $400,000 $400,000 $382,000 $361,800 $355,000 $318,000 $318,000 $315,000 $289,000 $285,000 $245,000

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

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Sqft 1,300 2,046 779 733 732 574 703 691 484 866