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DOWNTOWN FLUSHING A monthly analysis of residential sales in Downtown Flushing, Queens August 2016
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Residential Market Report, August 2016
Residential Market Report, August 2016 Downtown Flushing, Queens
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
QUEENS MEDIAN SALE PRICE
$357K
49
$648
$390K
14% YoY
23% YoY
8% YoY
7% YoY
NEIGHBORHOOD BOUNDARIES
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RESIDENTIAL STATS Median Sale Price by Month $500K $450K $400K $350K $300K $250K $200K $150K $100K $50K $
$357K
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 32
Jun 50 48 47 43 50 37
32
37
Jul 44 35 81 50 55 28
Aug 43 45 50 48 40 49
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
49 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 $
$648
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $479,000 Coops $237,000 Houses $980,000
Y-o-Y -3% -6% 43%
Median sale price/sqft $676 $251 $815
Y-o-Y 11% 92%
Transactions 23 23 2
Number of Sales by Building Type 4%
Condos 48% 48%
Coops Houses
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LIST OF TRANSACTIONS Address 13262 Pople Ave 13338 Sanford Avenue #18C 4520 Robinson St 13338 Sanford Avenue #10B 13625 Maple Avenue #12F 13236 Pople Avenue #5B 13352 41 Road #3B 4373 Union Street #7B 4312 Robinson Street #5A 14032 Cherry Avenue #3D 13835 Elder Avenue #5E 4140 Union Street #11L 4140 Union Street #10K 14032 Cherry Avenue #4A 14014 Cherry Avenue #5B 4318 Main Street #6A 13229 Blossom Avenue #6B 13212 Pople Avenue #2F 13229 Blossom Avenue #2I 4355 Kissena Boulevard #6B 4310 Kissena Blvd #10B 4310 Kissena Blvd #10F 4335 Union St #3F 13440 Cherry Avenue #5A 13440 Cherry Avenue #3A 13440 Cherry Avenue #3F 13440 Cherry Avenue #3D 13810 Franklin Ave #11F 14065 Beech Ave #7C 2910-2950 137 St #4D 2610 Union St #2D 14229 37 Avenue #4A 4334-4340 Union St #1E 4245 Kissena Blvd #3H 2620-2626 Whitestone Ep W #4E 13777 Kissena Blvd #7B 13919 31 Rd #4A 4240 Bowne St #3E 4334-4340 Union St #3H 4334-4340 Union St #4L 4242 Colden St #D12 2910-2950 137 St #5B 4240 Bowne St #2A 14205 Franklin Ave #4D 2908-2914 139 St #1C 2610 Union St #2F
BBL 4-05104-0127 4-05121-1182 4-05201-0013 4-05121-1139 4-05134-1266 4-05104-1038 4-05042-1048 4-05193-1026 4-05193-1209 4-05192-1310 4-05137-1255 4-05045-1210 4-05045-1187 4-05192-1312 4-05192-1010 4-05125-1129 4-05105-1452 4-05104-1103 4-05105-1423 4-05186-1002 4-05137-0067 4-05137-0067 4-05193-0009 4-05125-1224 4-05125-1212 4-05125-1217 4-05125-1215 4-05137-0055 4-05185-0054 4-04371-0008 4-04285-0010 4-05010-8007 4-05192-0055 4-05180-0015 4-04312-0010 4-05145-0068 4-04343-0125 4-05185-0043 4-05192-0055 4-05192-0055 4-05136-0037 4-04371-0008 4-05185-0043 4-05181-0001 4-04342-0010 4-04285-0010
Sale date 8-Aug-16 12-Aug-16 11-Aug-16 31-Aug-16 29-Aug-16 11-Aug-16 3-Aug-16 11-Aug-16 26-Aug-16 18-Aug-16 22-Aug-16 23-Aug-16 25-Aug-16 10-Aug-16 22-Aug-16 22-Aug-16 31-Aug-16 25-Aug-16 12-Aug-16 8-Aug-16 25-Aug-16 10-Aug-16 12-Aug-16 4-Aug-16 10-Aug-16 10-Aug-16 10-Aug-16 3-Aug-16 5-Aug-16 18-Aug-16 26-Aug-16 17-Aug-16 15-Aug-16 2-Aug-16 9-Aug-16 25-Aug-16 11-Aug-16 24-Aug-16 16-Aug-16 16-Aug-16 15-Aug-16 30-Aug-16 30-Aug-16 18-Aug-16 24-Aug-16 29-Aug-16
Sale price $1,030,000 $987,703 $930,000 $865,000 $768,000 $600,000 $590,000 $580,000 $558,000 $558,000 $538,800 $500,000 $490,000 $468,000 $468,000 $465,000 $456,763 $440,000 $407,835 $390,000 $365,000 $360,000 $359,000 $354,900 $342,732 $325,697 $317,585 $310,000 $288,000 $270,000 $260,000 $250,000 $250,000 $247,000 $238,000 $236,000 $233,000 $221,724 $220,000 $217,000 $215,000 $215,000 $210,859 $210,000 $205,000 $156,000
Property type House Condo House Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Coop Coop Coop Coop Condo Condo Condo Condo Coop Coop Coop Coop Condo Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop
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Sqft 1,456 1,283 1,008 1,040 1,090 694 826 984 727 648 831 849 677 476 550 737 1,168 520 725 1,500
675 675 639 635
421
950
750