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DOWNTOWN FLUSHING A monthly analysis of residential sales in Downtown Flushing, Queens July 2016
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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
701