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DOWNTOWN FLUSHING A quarterly analysis of residential sales in Downtown Flushing, Queens 2nd Quarter 2016

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

Residential Market Report, 2nd Quarter 2016

Residential Market Report, 2nd Quarter 2016 Downtown Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$303K

95

$612

$376K

6% YoY

-30% YoY

9% YoY

8% YoY

NEIGHBORHOOD BOUNDARIES

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

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

$303K

Median Sale Price by Year $400K $350K

$305K

$300K $250K $200K $150K $100K $50K $

Number of Transactions Quarter Q1 Q2 Q3 Q4

2011 133 151 117 113

2012 100 141 118 113

2013 116 122 216 161

2014 164 132 184 195

2015 114 136 146 142

2016 117 95

250 200 150

117

95

100 50 0 Q1

Q2 2014

Q3 2015

Q4

2016

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Median Sale Price per Square Foot $700 $600 $500 $400 $300 $200 $100 $

$612

RESIDENTIAL SALES BREAKDOWN" Type of Residential Properties Sold Property Type Median sale price Condos $477,500 Coops $237,500 Houses $850,000

Y-o-Y 6% 8% -28%

Median sale price/sqft $622 $269 $620

Y-o-Y 10% 21% -38%

Transactions 46 48 1

Number of Sales by Building Type 1%

Condos 51%

48%

Coops Houses

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LIST OF TRANSACTIONS Address 4247 Union Street #8A 4535 Union St 4235 Main Street #4C 4235 Main Street #5B 4235 Main Street #10G 4220 Kissena Boulevard #B11 3916 Prince Street #7D 14014 Cherry Avenue #2A 4105 College Point Blvd #7I 4140 Union Street #16O 13236 Pople Avenue #1A 4125 Kissena Boulevard #4A 13273 Maple Avenue #2B 13259 41 Road #7A 13835 Elder Avenue #17G 4105 College Point Blvd #2G 3506 Leavitt Street #6A 13273 Maple Avenue #2A 4231 Colden Street #R3 4318 Main Street #7F 14037 Cherry Avenue #8A 4142 College Point Blvd #3B 4343 Kissena Boulevard #304 13218 Avery Avenue #4D 13405 Dahlia Avenue #173B 13236 Pople Avenue #2F 4242 Union Street #7A 14229 37 Avenue #2B 4140 Union Street #9G 14021 32 Avenue #2CS 13273 Maple Avenue #4A 13273 Maple Avenue #4B 13605 Sanford Avenue #4E 13273 Maple Avenue #4D 4242 Union Street #1C 13440 Cherry Avenue #4A 4140 Union Street #14J 4220 Kissena Boulevard #A15 13454 Maple Ave #3V 4255 Colden St #1P 4265 Kissena Blvd #209 13440 Cherry Avenue #2D 4465-4473 Kissena Blvd #3K 13440 Cherry Avenue #4D 13870 Elder Ave #5E 3215 Leavitt Street #4C 4295 Main St #3H 13327 Sanford Ave #15 2610 Union St #6B 13231 Sanford Avenue #103

BBL 4-05181-1016 4-05201-0046 4-05135-1129 4-05135-1137 4-05135-1186 4-05134-1027 4-04973-1063 4-05192-1003 4-05039-1149 4-05045-1301 4-05104-1005 4-05044-1490 4-05101-1005 4-05039-1023 4-05137-1378 4-05039-1111 4-04960-1149 4-05101-1004 4-05137-1764 4-05125-1140 4-05186-1122 4-05063-1008 4-05185-1034 4-05105-1017 4-05125-1010 4-05104-1018 4-05180-1081 4-05010-8004 4-05045-1162 4-04414-1409 4-05101-1008 4-05101-1009 4-05043-1002 4-05101-1011 4-05180-1047 4-05125-1218 4-05045-1252 4-05134-1013 4-05122-0029 4-05137-0011 4-05180-0001 4-05125-1209 4-05192-0001 4-05125-1221 4-05145-0055 4-04954-1117 4-05136-0050 4-05042-0023 4-04285-0010 4-05040-1114

Sale date 28-Jun-16 23-May-16 27-Jun-16 7-Jun-16 16-Jun-16 4-Apr-16 19-Apr-16 21-Jun-16 13-May-16 3-May-16 7-Apr-16 23-Jun-16 26-May-16 15-Apr-16 23-Jun-16 27-Jun-16 22-Apr-16 25-Apr-16 24-Jun-16 17-Jun-16 16-May-16 22-Apr-16 12-May-16 20-May-16 1-Jun-16 14-Jun-16 1-Apr-16 10-Jun-16 19-Apr-16 20-May-16 2-May-16 10-May-16 25-May-16 25-Apr-16 27-May-16 26-Apr-16 6-Jun-16 4-Apr-16 23-Jun-16 21-Apr-16 26-Apr-16 3-May-16 1-Apr-16 6-Jun-16 6-Apr-16 21-Apr-16 27-Apr-16 26-May-16 28-Apr-16 24-Jun-16

Sale price $860,000 $850,000 $830,000 $825,000 $820,000 $700,000 $668,000 $599,000 $598,000 $595,000 $592,000 $568,000 $565,000 $565,000 $560,000 $560,000 $550,000 $550,000 $543,500 $540,000 $525,000 $518,289 $500,000 $485,000 $470,000 $440,000 $440,000 $437,000 $425,000 $420,000 $415,000 $408,000 $385,000 $385,000 $364,800 $359,869 $350,000 $350,000 $345,500 $340,000 $340,000 $332,795 $320,000 $317,585 $315,000 $314,340 $305,000 $303,000 $300,000 $298,000

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

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Sqft 1,050 1,370 767 849 779 1,691 836 709 956 866 884 827 1,117 871 679 1,082 815 870 1,135 725 1,148 927 860 542 602 485 735 828 683 650 625 635 577 737

635

800

Address 14220 41 Ave #2A 13333-13335 Sanford Ave #4C 14205 Franklin Ave #7F 4255 Colden St #10S 2910-2950 137 St #1D 13440 Cherry Avenue #2E 3215 Leavitt Street #3C 13430-13434 Franklin Ave #1H 4265 Kissena Blvd #311 2909-2930 137 St #1F 13440 Cherry Avenue #3B 2610 Union St #3C 4245 Kissena Blvd #2S 2909-2930 137 St #1E 2910-2950 137 St #1G 14065 Beech Ave #6B 13430-13434 Franklin Ave #2A 13440 Cherry Avenue #4B 13440 Cherry Avenue #2B 2909-2930 137 St #3G 13624 Maple Avenue #6E 4335 Union St #2B 13919 31 Rd #5D 2910-2950 137 St #2D 3130-3170 138 St #3H 14015 Holly Ave #1G 4465-4473 Kissena Blvd #1N 13910-13916 28 Rd #1C 2620-2626 Whitestone Ep W #6E 13740 45 Ave #2F 3165 138 St #4F 13910-13916 28 Rd #1D 3150 140 St #5C 14015 Holly Ave #3B 13639 41 Ave #6A 13910-13916 28 Rd #3F 2620-2626 Whitestone Ep W #1B 2910-2950 137 St #2L 14205 Franklin Ave #4K 2909-2930 137 St #4C 13333-13335 Sanford Ave #2E 13333-13335 Sanford Ave #4D 2908-2914 139 St #4F 13333-13335 Sanford Ave #6H 2910-2950 137 St #4J

BBL 4-05046-0010 4-05042-0057 4-05181-0001 4-05137-0011 4-04371-0008 4-05125-1210 4-04954-1112 4-05123-0051 4-05180-0001 4-04340-0010 4-05125-1213 4-04285-0010 4-05180-0015 4-04340-0010 4-04371-0008 4-05185-0054 4-05123-0051 4-05125-1219 4-05125-1207 4-04340-0010 4-05135-1045 4-05193-0009 4-04343-0125 4-04371-0008 4-04410-0056 4-05200-0039 4-05192-0001 4-04343-0010 4-04312-0010 4-05146-0027 4-04411-0001 4-04343-0010 4-04374-0035 4-05200-0039 4-05019-0101 4-04343-0010 4-04312-0010 4-04371-0008 4-05181-0001 4-04340-0010 4-05042-0057 4-05042-0057 4-04342-0010 4-05042-0057 4-04371-0008

Sale date 2-Jun-16 25-Apr-16 27-May-16 26-May-16 24-May-16 20-Apr-16 15-Apr-16 24-Jun-16 5-Apr-16 15-Jun-16 26-Apr-16 16-May-16 6-May-16 30-Jun-16 27-May-16 2-Jun-16 24-Jun-16 12-May-16 3-Jun-16 6-Jun-16 1-Apr-16 26-Apr-16 17-Jun-16 20-Apr-16 27-Jun-16 19-May-16 7-Apr-16 27-Apr-16 26-May-16 17-Jun-16 21-Apr-16 12-May-16 6-Apr-16 20-May-16 9-May-16 28-Jun-16 23-May-16 25-May-16 24-Jun-16 10-Jun-16 25-Apr-16 25-Apr-16 26-May-16 25-Apr-16 16-Jun-16

Sale price $290,000 $280,000 $280,000 $280,000 $280,000 $277,836 $273,780 $270,242 $265,000 $265,000 $260,304 $255,000 $250,000 $250,000 $250,000 $250,000 $249,680 $244,577 $240,926 $240,000 $240,000 $235,000 $235,000 $233,000 $230,000 $228,000 $225,000 $210,000 $208,000 $207,870 $200,000 $195,000 $192,000 $180,000 $180,000 $178,000 $175,000 $166,000 $163,000 $160,000 $150,000 $100,000 $100,000 $100,000 $64,000

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

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

Sqft

1,200

1,200

458 458 1,045

750