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DOWNTOWN FLUSHING A monthly analysis of residential sales in Downtown Flushing, Queens September 2016
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Residential Market Report, September 2016
Residential Market Report, September 2016 Downtown Flushing, Queens
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
QUEENS MEDIAN SALE PRICE
$360K
32
$739
$420K
-1% YoY
-37% YoY
11% YoY
14% YoY
NEIGHBORHOOD BOUNDARIES
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RESIDENTIAL STATS Median Sale Price by Month $500K $450K $400K $350K $300K $250K $200K $150K $100K $50K $
$360K
Median Sale Price by Quarter $450K $400K $350K $300K $250K $200K $150K $100K $50K $
$360K
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 47 36 28 58 28 31
Apr 52 45 34 41 40 34
May 49 48 41 48 46 32
Jun 50 48 47 43 50 36
32
36
Jul 45 35 81 50 55 27
Aug 43 45 50 48 40 48
Sep 30 38 85 86 51 32
Oct 37 35 69 100 52
Nov 30 41 47 41 39
Dec 48 37 45 54 51
120
100 80
60 40
39
48 31
34
48 32
27
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 $
$739
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $499,990 Coops $245,000 Houses $850,000
Y-o-Y 4% 8% 113%
Median sale price/sqft $739 $308 $778
Y-o-Y 4% 237%
Transactions 21 10 1
Number of Sales by Building Type 3%
31% Condos Coops Houses 66%
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LIST OF TRANSACTIONS Address 13236 Pople Avenue #5D 4541 Smart St 13835 Elder Avenue #12H 13338 Sanford Avenue #17B 13347 Sanford Avenue #7E 13835 Elder Avenue #5K 14022 Beech Avenue #7E 14118 Cherry Avenue #4G 4140 Union Street #5G 4220 Kissena Boulevard #E11 13338 Avery Avenue #3RA 13235 41 Road #6E 4355 Kissena Boulevard #4B 4125 Kissena Boulevard #1J 13430-13434 Franklin Ave #3D 4260 Crommelin Street #2J 4260 Crommelin Street #3J 13248 Maple Avenue #B4 13352 41 Road #3C 14229 37 Avenue #4A 13440 Cherry Avenue #4F 13248 Maple Avenue #A2 13910-13916 28 Rd #5B 3150 140 St #1A 4465-4473 Kissena Blvd #1B 13425 Franklin Ave #102 2610 Union St #5C 4242 Colden St #D16 3130-3170 138 St #2F
BBL 4-05104-1040 4-05204-0043 4-05137-1335 4-05121-1175 4-05042-1447 4-05137-1260 4-05186-1341 4-05193-1528 4-05045-1074 4-05134-1078 4-05105-1111 4-05039-1934 4-05186-1002 4-05044-1447 4-05123-0051 4-05105-1492 4-05105-1493 4-05102-1015 4-05042-1049 4-05010-8007 4-05125-1223 4-05102-1006 4-04343-0010 4-04374-0035 4-05192-0001 4-05122-0046 4-04285-0010 4-05136-0037 4-04410-0056
Sale date 30-Sep-16 9-Sep-16 12-Sep-16 12-Sep-16 26-Sep-16 9-Sep-16 29-Sep-16 1-Sep-16 1-Sep-16 6-Sep-16 19-Sep-16 13-Sep-16 12-Sep-16 28-Sep-16 15-Sep-16 1-Sep-16 6-Sep-16 6-Sep-16 19-Sep-16 16-Sep-16 9-Sep-16 6-Sep-16 23-Sep-16 21-Sep-16 16-Sep-16 8-Sep-16 21-Sep-16 26-Sep-16 20-Sep-16
Sale price $2,001,000 $850,000 $825,000 $800,000 $720,000 $688,000 $680,000 $570,000 $503,000 $500,000 $499,990 $470,000 $430,000 $360,000 $360,000 $358,140 $358,140 $349,000 $328,000 $325,000 $309,270 $300,000 $265,000 $264,000 $245,000 $235,000 $210,000 $200,000 $162,000
Property type Condo House Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Coop Condo Coop Condo Condo Condo Condo Condo Condo Condo Coop Coop Coop Coop Coop Coop Coop
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Sqft 628 1,092 1,095 1,040 1,027 871 920 713 735 1,691 866 518 477 734 734 590 425 421 639 556
650