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DOWNTOWN FLUSHING A monthly analysis of residential sales in Downtown Flushing, Queens February 2018

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

Residential Market Report, February 2018 Downtown Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$370K

29

$831

$440K

-7% YoY

12% YoY

20% YoY

13% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Month $900K $800K $700K $600K $500K $400K $300K $200K $100K $

$370K

Median Sale Price by Quarter $700K $600K

$500K

$500K $400K $300K $200K $100K $

Number of Transactions Year 2013 2014 2015 2016 2017 2018

Jan 52 51 39 36 29 31

Feb 36 54 42 47 26 29

Mar 26 54 26 31 60

Apr 34 39 39 34 64

May 39 47 43 28 62

Jun 45 43 50 36 77

Jul 79 50 54 26 67

Aug 50 47 38 45 75

Sep 82 86 49 29 54

Oct 64 97 50 31 49

Nov 46 41 37 35 36

Dec 45 52 51 38 39

100 80

60 31

40

29

20 0 Jan

Feb

Mar

Apr

May

Jun 2016 2017

Jul 2018

Aug

Sep

Oct

Nov

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Dec

Median Sale Price per Square Foot $900 $800 $700 $600 $500 $400 $300 $200 $100 $

$831

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $600,000 Coops $310,000 Houses -

Y-o-Y 8% 9% -

Median sale price/sqft $831 -

Y-o-Y 10% -

Transactions 12 17 0

Number of Sales by Building Type

41%

Condos Coops

59%

Houses

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LIST OF TRANSACTIONS Address 13835 39 Ave 14238 37 Ave #10C 13338 Sanford Ave #19A 13675-13685 37 Ave 14075 Ash Ave #3G 3122 Union St #6C 14021 32 Ave #5CN 4322 Robinson St #6B 4140 Union St #10J 14220 41 Ave #5H 13740 45 Ave #4L 14065 Beech Ave #7L 13454 Maple Ave #5X 13740 45 Ave #2G 13336-13352 41 Rd #7C 4255 Colden St #10H 13235 Sanford Ave #4C 4245 Kissena Blvd #4K 2620-2626 Whitestone Expy #6C 4334-4340 Union St #1K 13919 31 Rd #1E 2908-2914 139 St #4E 2610 Union St #4C 13777 Kissena Blvd #3F 14220 41 Ave #6E 2909-2930 137 St #2J

BBL 4-04978-1445 4-05011-1375 4-05121-1186 4-04977-1027 4-05182-1016 4-04414-1019 4-04414-1435 4-05193-1412 4-05045-1186 4-05046-0010 4-05146-0027 4-05185-0054 4-05122-0029 4-05146-0027 4-05042-1067 4-05137-0011 4-05040-1226 4-05180-0015 4-04312-0010 4-05192-0055 4-04343-0125 4-04342-0010 4-04285-0010 4-05145-0068 4-05046-0010 4-04340-0010

Sale date 12-Feb-18 22-Feb-18 20-Feb-18 26-Feb-18 12-Feb-18 6-Feb-18 5-Feb-18 23-Feb-18 1-Feb-18 14-Feb-18 1-Feb-18 26-Feb-18 8-Feb-18 23-Feb-18 20-Feb-18 27-Feb-18 6-Feb-18 28-Feb-18 12-Feb-18 8-Feb-18 5-Feb-18 12-Feb-18 22-Feb-18 1-Feb-18 15-Feb-18 2-Feb-18

Sale price $1,615,650 $963,265 $944,936 $630,000 $620,000 $600,000 $600,000 $600,000 $545,000 $398,000 $385,000 $378,000 $375,000 $364,534 $355,000 $350,000 $349,830 $325,000 $310,000 $280,000 $265,000 $250,000 $235,000 $210,000 $205,000 $199,500

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

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Sqft

1,090 909 813 790 690 712 577

427 509