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DOWNTOWN FLUSHING A quarterly analysis of residential sales in Downtown Flushing, Queens 2nd Quarter 2017

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

Residential Market Report, 2nd Quarter 2017

Residential Market Report, 2nd Quarter 2017 Downtown Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$540K

208

$658

$442K

81% YoY

110% YoY

13% YoY

13% YoY

NEIGHBORHOOD BOUNDARIES

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

RESIDENTIAL STATS Median Sale Price by Quarter $600K

$540K

$500K

$400K $300K $200K $100K $

Median Sale Price by Year $400K

$342K

$350K

$300K $250K $200K $150K

$100K $50K $

Number of Transactions Quarter Q1 Q2 Q3 Q4

2012 99 138 113 110

2013 114 121 215 159

250

2014 162 132 184 190

2015 110 132 144 141

2016 117 99 104 106

2017 115 208

208

200

150

115

100

50 0 Q1

Q2

2015

Q3

2016

Q4

2017

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

Median Sale Price per Square Foot $800 $700 $600 $500 $400 $300 $200 $100 $

$658

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $672,000 Coops $282,500 Houses $1,400,000

Y-o-Y 48% 14% -

Median sale price/sqft $705 $289 $962

Y-o-Y 18% 24% -

Transactions 145 61 2

Number of Sales by Building Type 1% 29% Condos Coops Houses 70%

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TOP 100 TRANSACTIONS Address 13262 Pople Ave 13264 Pople Ave 13235 41 Rd #9C 13624 Maple Ave #4A 3625 Union St #2E 13235 Sanford Ave #213 3506 Leavitt St #5K 4140 Union St #8L 13835 Elder Ave #5G 4318 Robinson St #7C 3720 Prince St #10D 4125 Kissena Blvd #2TT 3625 Union St #8C 14218 38 Ave #3D 4128 Haight St #2C 3118 Union St #6B 14021 32 Ave #5CS 13621 Latimer Pl #6H 3118 Union St #3A 3118 Union St #3B 4222 Union St #8A 13930 34 Ave #5A 13252 41 Ave #4 3506 Leavitt St #5F 13927 34 Ave #103 13235 Sanford Ave #417 13517 Northern Blvd #4C 4317 Union St #8A 13621 Latimer Pl #5G 4140 Union St #10G 4322 Union St #6D 13235 Sanford Ave #212 13229 Blossom Ave #6B 4322 Union St #2D 4140 Union St #7H 4343 Kissena Blvd #105 13446-13466 Maple Ave #2B 13621 Latimer Pl #6E 13710 Franklin Ave #405 13621 Latimer Pl #6B 4310 Kissena Blvd #4K 13235 Sanford Ave #105 13621 Latimer Pl #5C 13621 Latimer Pl #4J 13621 Latimer Pl #4G 4318 Main St #2B 13621 Latimer Pl #4C 13621 Latimer Pl #4K 13621 Latimer Pl #4A 3445-3545 Leavitt St #3D

BBL 4-05104-0127 4-05104-0028 4-05039-1950 4-05135-1029 4-05010-7061 4-05040-1156 4-04960-1148 4-05045-1144 4-05137-1257 4-05193-1326 4-04972-1067 4-05044-1573 4-05010-7095 4-05020-1116 4-05062-1007 4-04414-1210 4-04414-1432 4-04952-1258 4-04414-1205 4-04414-1206 4-05180-1129 4-04957-1017 4-05039-1304 4-04960-1143 4-04955-1063 4-05040-1223 4-04958-1015 4-05193-1148 4-04952-1246 4-05045-1184 4-05192-1124 4-05040-1155 4-05105-1452 4-05192-1108 4-05045-1119 4-05185-1011 4-05122-1005 4-04952-1255 4-05137-1652 4-04952-1252 4-05137-0067 4-05040-1116 4-04952-1242 4-04952-1237 4-04952-1235 4-05125-1109 4-04952-1231 4-04952-1238 4-04952-1229 4-04956-1032

Sale date 2-May-17 2-May-17 21-Apr-17 7-Apr-17 19-Apr-17 12-Jun-17 3-May-17 30-Jun-17 28-Apr-17 15-May-17 31-May-17 30-May-17 4-Apr-17 21-Apr-17 12-May-17 1-May-17 24-May-17 10-Apr-17 10-May-17 5-Jun-17 29-Jun-17 18-Apr-17 15-May-17 27-Jun-17 5-Apr-17 26-Jun-17 5-Apr-17 23-Jun-17 5-Apr-17 29-Jun-17 30-Jun-17 27-Jun-17 30-Jun-17 4-May-17 3-May-17 27-Apr-17 23-May-17 10-Apr-17 1-Jun-17 7-Apr-17 2-May-17 30-Jun-17 11-Apr-17 6-Apr-17 6-Apr-17 26-Apr-17 10-Apr-17 10-Apr-17 5-Apr-17 19-Apr-17

Sale price $1,600,000 $1,200,000 $815,000 $815,000 $680,000 $680,000 $680,000 $672,000 $670,000 $653,000 $650,000 $650,000 $650,000 $640,000 $625,000 $622,000 $610,000 $605,859 $605,000 $604,300 $600,000 $580,000 $579,000 $577,000 $565,855 $565,000 $560,038 $558,000 $554,946 $550,000 $547,000 $540,000 $535,000 $530,000 $520,000 $520,000 $512,500 $507,000 $500,000 $499,902 $498,000 $495,000 $492,804 $489,761 $486,720 $485,000 $484,692 $474,552 $474,552 $468,000

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

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Sqft 1,456 1,456 1,156 1,042 836 1,175 998 849 871 727 557 1,004 836 824 800 758 856 833 758 955 768 949 932 787 918 904 735 600 927 1,168 600 736 842 614 1,197

848

725

618

Address 4242 Union St #2E 13621 Latimer Pl #6F 13621 Latimer Pl #5E 13621 Latimer Pl #4E 13621 Latimer Pl #3J 13621 Latimer Pl #3E 13621 Latimer Pl #5L 4343 Kissena Blvd #106 13621 Latimer Pl #3F 4315 Saull St #15A 13621 Latimer Pl #6C 13259 41 Rd #6A 13621 Latimer Pl #6K 13621 Latimer Pl #3B 13621 Latimer Pl #6G 4310 Kissena Blvd #2F 13910-13916 28 Rd #3B 2910-2950 137 St #4K 4343 Kissena Blvd #608 4335 Union St #4F 4245 Kissena Blvd #6A 3150 140 St #1K 2610 Union St #5B 4260 Colden St #4B 4245 Kissena Blvd #3A 4255 Colden St #11M 4295 Main St #4J 13621 Latimer Pl #6L 13870 Elder Ave #4K 4465-4473 Kissena Blvd #4B 4355 Kissena Blvd #4D 13815 Franklin Ave #627 13870 Elder Ave #2N 4245 Kissena Blvd #4F 13333-13335 Sanford Ave #3F 14205 Franklin Ave #5F 13777 Kissena Blvd #6D 4211 Kissena Blvd #6D 13454 Maple Ave #6P 4245 Kissena Blvd #6S 13430-13434 Franklin Ave #1B 4245 Kissena Blvd #6W 4334-4340 Union St #6F 13430-13434 Franklin Ave #3C 4465-4473 Kissena Blvd #5F 4355 Kissena Blvd #6J 13815 Franklin Ave #306 2620-2626 Whitestone Ep W #3G 2909-2930 137 St #3B 2610 Union St #1E

BBL 4-05180-1055 4-04952-1256 4-04952-1244 4-04952-1233 4-04952-1226 4-04952-1222 4-04952-1250 4-05185-1012 4-04952-1223 4-05125-1036 4-04952-1253 4-05039-1019 4-04952-1260 4-04952-1219 4-04952-1257 4-05137-0067 4-04343-0010 4-04371-0008 4-05185-1080 4-05193-0009 4-05180-0015 4-04374-0035 4-04285-0010 4-05136-1011 4-05180-0015 4-05137-0011 4-05136-0050 4-04952-1261 4-05145-0055 4-05192-0001 4-05186-1002 4-05135-0044 4-05145-0055 4-05180-0015 4-05042-0057 4-05181-0001 4-05145-0068 4-05180-0022 4-05122-0029 4-05180-0015 4-05123-0051 4-05180-0015 4-05192-0055 4-05123-0051 4-05192-0001 4-05186-1002 4-05135-0044 4-04312-0010 4-04340-0010 4-04285-0010

Sale date 12-Apr-17 4-Apr-17 6-Apr-17 5-Apr-17 10-Apr-17 4-Apr-17 16-Jun-17 9-May-17 5-Apr-17 1-Jun-17 11-Apr-17 20-Jun-17 11-Apr-17 11-Apr-17 11-Apr-17 2-May-17 21-Jun-17 13-Apr-17 14-Apr-17 5-May-17 24-Apr-17 9-Jun-17 29-Jun-17 12-Jun-17 19-Apr-17 21-Jun-17 13-Jun-17 10-Apr-17 19-Apr-17 15-Jun-17 2-May-17 16-May-17 18-Apr-17 29-Jun-17 17-May-17 10-Apr-17 2-May-17 6-Jun-17 5-May-17 21-Apr-17 11-Apr-17 19-Apr-17 19-Apr-17 19-Apr-17 8-Jun-17 7-Jun-17 29-Jun-17 25-May-17 21-Jun-17 29-Jun-17

Sale price $466,000 $461,370 $457,314 $449,202 $445,146 $441,090 $440,000 $438,555 $430,950 $415,000 $405,600 $400,000 $398,502 $390,390 $390,390 $388,000 $385,000 $385,000 $375,000 $375,000 $375,000 $368,000 $350,000 $350,000 $350,000 $349,000 $339,900 $329,550 $328,000 $328,000 $325,000 $320,000 $315,000 $310,000 $300,000 $300,000 $300,000 $300,000 $297,500 $295,000 $292,000 $290,000 $290,000 $285,000 $285,000 $285,000 $280,000 $275,000 $272,000 $270,000

Property type Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Coop Coop Coop Condo Coop Coop Coop Coop Condo Coop Coop Coop Condo 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 647

1,090 750 955

1,200

838

721

750

850 950