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

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

Residential Market Report, July 2016

Residential Market Report, July 2016 Downtown Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$388K

28

$657

$380K

24% YoY

-49% YoY

11% YoY

0% YoY

NEIGHBORHOOD BOUNDARIES

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

$388K

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

$294K

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 46 36 28 58 28 30

Apr 52 45 34 41 40 34

May 49 48 41 48 46 33

Jun 50 48 47 43 50 37

33

37

Jul 44 35 81 50 55 28

Aug 43 45 50 48 40

Sep 30 38 85 86 51

Oct 36 35 69 100 52

Nov 30 41 47 41 39

Dec 47 37 45 54 51

120 100 80 60 40

39

48 30

34

28

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 $

$657

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $542,500 Coops $250,000 Houses $690,000

Y-o-Y 12% 19% -20%

Median sale price/sqft $675 $533

Y-o-Y 10% -4%

Transactions 11 14 2

Number of Sales by Building Type 7%

41%

Condos Coops Houses

52%

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LIST OF TRANSACTIONS Address 4235 Main Street #12K 14634 Georgia Rd 4140 Union Street #2N 13762 Kalmia Ave 4318 Robinson Street #7A 14021 32 Avenue #1AN 14075 Ash Avenue #5B 13235 41 Road #6B 4125 Kissena Boulevard #5KK 13218 Sanford Avenue #4F 4125 Kissena Boulevard #1CC 14205 Roosevelt Ave #720 14205 Roosevelt Ave #303 4310 Kissena Blvd #8B 13815 Franklin Ave #221 4255 Colden St #4N 13605 Sanford Avenue #CONDO 13705 Franklin Ave #1K 2610 Union St #4C 4255 Colden St #2H 2610 Union St #2A 13910-13916 28 Rd #1F 3130-3170 138 St #6F 2908-2914 139 St #2C 14021 32 Avenue #3DN

BBL 4-05135-1205 4-05206-0017 4-05045-1015 4-05150-0027 4-05193-1324 4-04414-1403 4-05182-1027 4-05039-1931 4-05044-1618 4-05101-1207 4-05044-1543 4-05020-0001 4-05020-0001 4-05137-0067 4-05135-0044 4-05137-0011 4-05043-1002 4-05135-0057 4-04285-0010 4-05137-0011 4-04285-0010 4-04343-0010 4-04410-0056 4-04342-0010 4-04414-1424

Sale date 14-Jul-16 8-Jul-16 19-Jul-16 18-Jul-16 8-Jul-16 13-Jul-16 13-Jul-16 28-Jul-16 1-Jul-16 22-Jul-16 8-Jul-16 19-Jul-16 20-Jul-16 27-Jul-16 21-Jul-16 12-Jul-16 25-Jul-16 13-Jul-16 18-Jul-16 20-Jul-16 8-Jul-16 27-Jul-16 26-Jul-16 7-Jul-16 21-Jul-16

Sale price $865,000 $730,000 $654,000 $650,000 $635,000 $628,000 $575,000 $510,000 $488,000 $440,000 $433,000 $399,500 $388,000 $385,000 $375,000 $310,000 $297,000 $250,000 $220,000 $201,450 $193,000 $179,000 $170,000 $168,000 $110,000

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

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Sqft 736 1,420 950 1,176 961 962 885 552 834 624 612

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