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

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

Residential Market Report, December 2017

Residential Market Report, December 2017 Downtown Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$365K

44

$706

$475K

5% YoY

16% YoY

3% YoY

10% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Month $800K

$700K $600K $500K

$365K

$400K

$300K $200K $100K $

Median Sale Price by Quarter $700K $600K

$495K

$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 26

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 75

Sep 36 84 86 51 30 54

Oct 34 67 98 52 32 50

54

50

Nov 39 47 41 38 36 37

Dec 37 45 52 51 38 44

75

37

26

44

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 $

$706

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $562,000 Coops $312,000 Houses $846,000

Y-o-Y 16% 19% -8%

Median sale price/sqft $706 $292 $732

Y-o-Y 2% 4% -23%

Transactions 21 21 1

Number of Sales by Building Type 2%

Condos 49%

49%

Coops Houses

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LIST OF TRANSACTIONS Address 13218 41 Ave #8A 4235 Main St #12G 13753 Kalmia Ave 13235 Sanford Ave #2M 3506 Leavitt St #5D 13203 Sanford Ave #7D 4140 Union St #18O 13336-13352 41 Rd #8B 13336-13352 41 Rd #11B 13711 32 Ave #6W 4310 Kissena Blvd #16 4128 Haight St #3E 13208 Pople Ave #6A 13605 Sanford Ave #3N 13815 Franklin Ave #529 2909-2930 137 St #3K 2620-2626 Whitestone Ep W #2B 2909-2930 137 St #6K 4245 Kissena Blvd #2N 14223 38 Ave #B1 2909-2930 137 St #1K 13605 Sanford Ave #5C 3515 Farrington St #309 4245 Kissena Blvd #6Q 13910-13916 28 Rd #5G 13327 Sanford Ave #44 13910-13916 28 Rd #5D 13405 Dahlia Ave #11B 3165 138 St #2H 13870 Elder Ave #7D 2610 Union St #6A 13910-13916 28 Rd #3F 14205 Franklin Ave #7A 3130-3170 138 St #6F

BBL 4-05039-2118 4-05135-1202 4-05149-0046 4-05040-1171 4-04960-1141 4-05040-1046 4-05045-1345 4-05042-1072 4-05042-1090 4-04410-1029 4-05137-0067 4-05062-1014 4-05104-1218 4-05043-1002 4-05135-0044 4-04340-0010 4-04312-0010 4-04340-0010 4-05180-0015 4-05011-1012 4-04340-0010 4-05043-1002 4-04959-1119 4-05180-0015 4-04343-0010 4-05042-0023 4-04343-0010 4-05125-1013 4-04411-0001 4-05145-0055 4-04285-0010 4-04343-0010 4-05181-0001 4-04410-0056

Sale date 29-Dec-17 15-Dec-17 1-Dec-17 22-Dec-17 20-Dec-17 7-Dec-17 18-Dec-17 28-Dec-17 13-Dec-17 1-Dec-17 15-Dec-17 28-Dec-17 11-Dec-17 21-Dec-17 22-Dec-17 19-Dec-17 21-Dec-17 7-Dec-17 22-Dec-17 29-Dec-17 28-Dec-17 18-Dec-17 26-Dec-17 20-Dec-17 1-Dec-17 15-Dec-17 1-Dec-17 15-Dec-17 20-Dec-17 14-Dec-17 28-Dec-17 22-Dec-17 7-Dec-17 5-Dec-17

Sale price $990,000 $920,000 $846,000 $640,000 $628,000 $625,000 $625,000 $610,000 $600,000 $562,000 $550,000 $545,000 $480,000 $408,000 $387,500 $380,000 $377,000 $370,000 $365,000 $360,000 $353,000 $340,000 $329,600 $312,000 $290,000 $265,000 $250,000 $225,108 $220,000 $220,000 $215,000 $195,000 $172,000 $50,000

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

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Sqft 1,041 779 1,156 928 966 769 956 831 831 728 800 578

1,300

779

1,031

435