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DOWNTOWN FLUSHING A monthly analysis of residential sales in Downtown Flushing, Queens April 2017

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Residential Market Report, April 2017

Residential Market Report, April 2017 Downtown Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$606K

114

$755

$430K

93% YoY

217% YoY

32% YoY

12% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Month $700K

$606K

$600K $500K $400K $300K $200K $100K $

Median Sale Price by Quarter $700K

$618K

$600K

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

Number of Transactions Year 2012 2013 2014 2015 2016 2017

Jan 41 63 62 42 40 59

Feb 40 46 59 45 48 49

120

Mar 48 50 61 29 32 112 112

Apr 56 52 44 40 36 114

May 58 72 50 46 35

Jun 58 72 45 50 37

Jul 48 101 51 56 28

Aug 54 80 48 41 49

Sep 52 101 88 51 33

Oct 46 78 102 53 36

Nov 51 58 41 40 39

Dec 53 59 57 55 73

114

100

80 60

59

49

40 20

0 Jan

Feb

Mar

Apr

May

Jun 2015 2016

Jul 2017

Aug

Sep

Oct

Nov

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Dec

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

$755

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $671,269 Coops $285,000 Houses $1,200,000

Y-o-Y 53% 21% -

Median sale price/sqft $757 $282 $876

Y-o-Y 31% -25% -

Transactions 90 23 1

Number of Sales by Building Type 1% 20%

Condos Coops Houses

79%

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LIST OF TRANSACTIONS Address 13105 40 Rd #PH2N 13105 40 Rd #19Q 4545 Smart St 13105 40 Rd #PH2G 13105 40 Rd #PH3E 13105 40 Rd #PH3G 13105 40 Rd #19E 4022 College Point Blvd #8H 13105 40 Rd #17E 13105 40 Rd #PH1M 13105 40 Rd #PH3M 13105 40 Rd #18M 13105 40 Rd #16M 13105 40 Rd #19J 13105 40 Rd #PH1G 13105 40 Rd #12K 13105 40 Rd #10A 13105 40 Rd #9J 13235 41 Rd #9C 13624 Maple Ave #4A 13105 40 Rd #PH3L 13105 40 Rd #12N 13105 40 Rd #15Q 13105 40 Rd #10N 13105 40 Rd #17L 13105 40 Rd #9N 13105 40 Rd #18R 13105 40 Rd #9Q 13105 40 Rd #11L 13105 40 Rd #PH1C 13105 40 Rd #PH2C 13105 40 Rd #19D 13105 40 Rd #PH1S 13105 40 Rd #17H 3625 Union St #2E 13105 40 Rd #PH2S 13835 Elder Ave #5G 13105 40 Rd #17C 3625 Union St #8C 13105 40 Rd #16D 14218 38 Ave #3D 13105 40 Rd #9S 13105 40 Rd #19I 13930 34 Ave #5A 13105 40 Rd #PH2T 13927 34 Ave #103 4343 Kissena Blvd #105 4318 Main St #2B 3445-3545 Leavitt St #3D 4242 Union St #2E

BBL 4-05066-1912 4-05066-1878 4-05204-0041 4-05066-1906 4-05066-1887 4-05066-1888 4-05066-1869 4-05066-1039 4-05066-1832 4-05066-1927 4-05066-1894 4-05066-1857 4-05066-1820 4-05066-1873 4-05066-1922 4-05066-1780 4-05066-1731 4-05066-1722 4-05039-1950 4-05135-1029 4-05066-1893 4-05066-1783 4-05066-1804 4-05066-1744 4-05066-1838 4-05066-1726 4-05066-1861 4-05066-1728 4-05066-1761 4-05066-1919 4-05066-1903 4-05066-1868 4-05066-1931 4-05066-1834 4-05010-7061 4-05066-1915 4-05137-1257 4-05066-1830 4-05010-7095 4-05066-1812 4-05020-1116 4-05066-1730 4-05066-1872 4-04957-1017 4-05066-1916 4-04955-1063 4-05185-1011 4-05125-1109 4-04956-1032 4-05180-1055

Sale date 19-Apr-17 3-Apr-17 19-Apr-17 10-Apr-17 10-Apr-17 13-Apr-17 19-Apr-17 28-Apr-17 13-Apr-17 5-Apr-17 3-Apr-17 26-Apr-17 21-Apr-17 24-Apr-17 6-Apr-17 6-Apr-17 13-Apr-17 20-Apr-17 21-Apr-17 7-Apr-17 28-Apr-17 19-Apr-17 5-Apr-17 5-Apr-17 28-Apr-17 27-Apr-17 7-Apr-17 5-Apr-17 25-Apr-17 14-Apr-17 4-Apr-17 27-Apr-17 18-Apr-17 18-Apr-17 19-Apr-17 7-Apr-17 28-Apr-17 21-Apr-17 4-Apr-17 14-Apr-17 21-Apr-17 10-Apr-17 24-Apr-17 18-Apr-17 5-Apr-17 5-Apr-17 27-Apr-17 26-Apr-17 19-Apr-17 12-Apr-17

Sale price $1,223,161 $1,202,286 $1,200,000 $1,192,104 $1,176,830 $1,176,143 $1,128,972 $1,110,000 $1,108,098 $1,047,512 $1,038,348 $1,027,147 $1,024,602 $1,023,283 $1,019,511 $1,009,837 $908,521 $871,686 $815,000 $815,000 $785,313 $759,857 $758,839 $749,674 $749,165 $745,601 $743,565 $734,401 $733,891 $723,709 $710,472 $702,835 $688,579 $680,942 $680,000 $671,269 $670,000 $650,904 $650,000 $647,849 $640,000 $622,393 $610,174 $580,000 $569,953 $565,855 $520,000 $485,000 $468,000 $466,000

Property type Condo Condo 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 Condo Condo Condo Condo Condo Condo Condo Condo Condo

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Sqft

1,370

1,242

1,156 1,042

836 871 836 824

768 787 842 725 618 647

Address 2910-2950 137 St #4K 4245 Kissena Blvd #6A 4245 Kissena Blvd #3A 13870 Elder Ave #4K 13870 Elder Ave #2N 14205 Franklin Ave #5F 4245 Kissena Blvd #6S 13430-13434 Franklin Ave #1B 4245 Kissena Blvd #6W 4334-4340 Union St #6F 13430-13434 Franklin Ave #3C 13705 Franklin Ave #5N 13919 31 Rd #2D 2910-2950 137 St #5B 14205 Franklin Ave #5D 13605 Sanford Ave #2O 3130-3170 138 St #4E 3150 140 St #6J 2610 Union St #3A 2610 Union St #2A 2910-2950 137 St #6L

BBL 4-04371-0008 4-05180-0015 4-05180-0015 4-05145-0055 4-05145-0055 4-05181-0001 4-05180-0015 4-05123-0051 4-05180-0015 4-05192-0055 4-05123-0051 4-05135-0057 4-04343-0125 4-04371-0008 4-05181-0001 4-05043-1002 4-04410-0056 4-04374-0035 4-04285-0010 4-04285-0010 4-04371-0008

Sale date 13-Apr-17 24-Apr-17 19-Apr-17 19-Apr-17 18-Apr-17 10-Apr-17 21-Apr-17 11-Apr-17 19-Apr-17 19-Apr-17 19-Apr-17 6-Apr-17 17-Apr-17 5-Apr-17 13-Apr-17 27-Apr-17 19-Apr-17 14-Apr-17 13-Apr-17 17-Apr-17 12-Apr-17

Sale price $385,000 $375,000 $350,000 $328,000 $315,000 $300,000 $295,000 $292,000 $290,000 $290,000 $285,000 $270,000 $250,000 $240,000 $220,000 $220,000 $217,000 $198,000 $159,000 $155,000 $150,000

Property type Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop

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Sqft

750

780

710