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

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

Residential Market Report, November 2017

Residential Market Report, November 2017 Downtown Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$535K

38

$718

$475K

80% YoY

6% YoY

5% YoY

13% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Month $800K

$700K $535K

$600K $500K $400K

$300K $200K $100K $

Median Sale Price by Quarter $700K

$630K

$600K

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

Number of Transactions Year 2012 2013 2014 2015 2016 2017

Jan 32 52 51 41 38 29

Feb 31 36 54 42 48 26

Mar 36 26 57 27 31 60

Apr 45 34 41 39 34 65

May 46 40 48 43 29 63

100

78

80

60

60 40

Jun 47 47 43 50 36 78

29

65

63

Jul 33 81 50 54 27 68

68

Aug 44 50 48 39 47 75

Sep 36 84 86 51 30 54

Oct 34 67 98 52 32 50

54

50

Nov 39 47 41 38 36 38

Dec 37 45 52 51 38

75

26

38

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 $

$718

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $645,000 Coops $297,065 Houses $950,000

Y-o-Y 23% 25% 37%

Median sale price/sqft $719 $587

Y-o-Y 4% 38%

Transactions 23 14 1

Number of Sales by Building Type 3%

37%

Condos Coops 60%

Houses

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LIST OF TRANSACTIONS Address 13235 41 Rd #10B 3139 137 St 13353 37 Ave #7F 4322 Union St #7A 13616 35 Ave #7C 13835 Elder Ave #15L 4231 Colden St #R2 3118 Union St #2A 13235 Sanford Ave #212 13353 37 Ave #10E 13235 Sanford Ave #609 13835 Elder Ave #10F 13215 41 Ave #4E 13777 Kissena Blvd #7K 3150 140 St #6D 13235 Sanford Ave #5C 4240 Bowne St #4C 4134 Frame Pl #1H 3150 140 St #2G 4465-4473 Kissena Blvd #1E 13870 Elder Ave #2F 4335 Union St #2K 13919 31 Rd #2E 13740 45 Ave #4E 2908-2914 139 St #3D 13910-13916 28 Rd #4F 2908-2914 139 St #1E

BBL 4-05039-1953 4-04410-0007 4-04970-1022 4-05192-1125 4-04960-1027 4-05137-1360 4-05137-1756 4-04414-1203 4-05040-1155 4-04970-1039 4-05040-1280 4-05137-1311 4-05037-1419 4-05145-0068 4-04374-0035 4-05040-1258 4-05185-0043 4-05040-0032 4-04374-0035 4-05192-0001 4-05145-0055 4-05193-0009 4-04343-0125 4-05146-0027 4-04342-0010 4-04343-0010 4-04342-0010

Sale date 27-Nov-17 21-Nov-17 7-Nov-17 3-Nov-17 22-Nov-17 13-Nov-17 16-Nov-17 17-Nov-17 6-Nov-17 10-Nov-17 14-Nov-17 17-Nov-17 8-Nov-17 27-Nov-17 28-Nov-17 1-Nov-17 28-Nov-17 22-Nov-17 20-Nov-17 28-Nov-17 7-Nov-17 8-Nov-17 30-Nov-17 7-Nov-17 15-Nov-17 14-Nov-17 7-Nov-17

Sale price $997,885 $950,000 $705,000 $650,000 $640,000 $630,000 $610,000 $600,000 $570,000 $560,000 $510,000 $500,000 $500,000 $405,000 $385,000 $365,000 $340,000 $333,000 $315,000 $310,000 $297,065 $273,000 $263,000 $256,785 $238,000 $225,000 $190,000

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

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Sqft 1,168 1,618 653 775 913 820 870 833 927 644 831 695 844

509