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DOWNTOWN FLUSHING A quarterly analysis of residential sales in Downtown Flushing, Queens 3rd Quarter 2018

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Residential Market Report, 3rd Quarter 2018 Downtown Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$470K

83

$840

$477K

-25% YoY

-59% YoY

25% YoY

3% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Quarter $700K $600K

$470K

$500K

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

Median Sale Price by Year $600K

$534K

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

Number of Transactions Quarter Q1 Q2 Q3 Q4

2013 114 121 215 159

2014 162 132 184 191

2015 110 132 144 141

2016 117 100 104 106

2017 115 206 200 125

2018 87 118 83

250 200 150

118 87

100

83

50 0 Q1

Q2 2016

Q3 2017

Q4

2018

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

$840

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $620,000 Coops $295,000 Houses $999,777

Y-o-Y -21% -6% 30%

Median sale price/sqft $853 $809

Y-o-Y 21% 115%

Transactions 34 43 5

Number of Sales by Building Type 6%

42%

Condos Coops Houses

52%

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LIST OF TRANSACTIONS Address 13725 Negundo Ave 4325 Byrd St 14136 25th Ave 13338 Sanford Ave #18B 13758 Holly Ave 13626 Carlton Pl 4235 Main St #12G 14238 37th Ave #4C 13835 Elder Ave #7D 4235 Main St #7C 13338 Sanford Ave #17B 13675-13685 37th Ave 3720 Prince St #13G 3132 Union St #2A 13226 Avery Ave #6D 3625 Union St #6F 13226 Avery Ave #6C 13835 Elder Ave #6L 3720 Prince St #11H 3215 Leavitt St #3C 3515 Farrington St #309 4318 Robinson St #6C 3506 Leavitt St #4I 13708 31st Rd #2B 4140 Union St #17A 13235 Sanford Ave #3K 4322 Robinson St #3A 13236 Pople Ave #1B 4242 Union St #3E 13338 Avery Ave #5RB 13705 Franklin Ave #2B 13227 41st Ave #2R 4255 Colden St #16C 4465-4473 Kissena Blvd #2H 4255 Colden St #2F 4242 Colden St #B9 4295 Main St #6H 13454 Maple Ave #2C 13910-13916 28th Rd #5B 13740 45th Ave #5G 2910-2950 137th St #6K 13820 31st Rd #3D 2909-2930 137th St #1A 13327 Sanford Ave #40 13815 Franklin Ave #405 4295 Main St #3E 13825 31st Dr #1G 4240 Bowne St #2D 3130-3170 138th St #2E 13820 31st Rd #2A

BBL 4-05152-0041 4-05141-0038 4-04288-0018 4-05121-1181 4-05148-0028 4-04960-0057 4-05135-1202 4-05011-1327 4-05137-1276 4-05135-1156 4-05121-1175 4-04977-1046 4-04972-1094 4-04414-1301 4-05105-1316 4-05010-7086 4-05105-1315 4-05137-1272 4-04972-1079 4-04954-1112 4-04959-1119 4-05193-1322 4-04960-1135 4-04410-1205 4-05045-1310 4-05040-1201 4-05193-1404 4-05104-1006 4-05180-1061 4-05105-1120 4-05135-0057 4-05037-1006 4-05137-0011 4-05192-0001 4-05137-0011 4-05136-0037 4-05136-0050 4-05122-0029 4-04343-0010 4-05146-0027 4-04371-0008 4-04374-0035 4-04340-0010 4-05042-0023 4-05135-0044 4-05136-0050 4-04374-0049 4-05185-0043 4-04410-0056 4-04374-0035

Sale date 14-Sep-18 27-Sep-18 23-Jul-18 16-Aug-18 19-Jul-18 27-Jul-18 19-Sep-18 24-Sep-18 17-Aug-18 6-Sep-18 16-Aug-18 18-Jul-18 20-Sep-18 31-Jul-18 16-Jul-18 13-Jul-18 19-Jul-18 28-Aug-18 28-Sep-18 10-Aug-18 9-Aug-18 5-Sep-18 9-Jul-18 15-Aug-18 27-Jul-18 25-Sep-18 3-Aug-18 27-Sep-18 16-Jul-18 4-Sep-18 2-Jul-18 2-Jul-18 14-Aug-18 7-Aug-18 23-Jul-18 31-Aug-18 20-Sep-18 20-Sep-18 12-Jul-18 18-Jul-18 17-Aug-18 24-Aug-18 12-Sep-18 29-Aug-18 4-Sep-18 4-Sep-18 14-Aug-18 13-Aug-18 17-Sep-18 28-Sep-18

Sale price $1,300,000 $1,150,000 $999,777 $935,463 $935,000 $920,000 $868,000 $865,513 $860,000 $850,000 $806,212 $790,000 $760,000 $755,000 $750,000 $715,000 $665,000 $650,000 $630,000 $620,000 $610,500 $605,000 $600,000 $570,000 $550,000 $540,000 $510,000 $509,000 $505,000 $495,000 $490,000 $475,000 $470,000 $438,000 $438,000 $429,000 $400,000 $400,000 $395,000 $388,702 $385,000 $385,000 $382,000 $365,000 $361,800 $355,000 $329,000 $320,000 $318,000 $318,000

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

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Sqft 1,300 2,046 1,486 1,040 1,156 864 779 1,151 733 1,040 905 732 1,043 720 838 688 820 574 749 1,031 703 842 1,121 625 691 520 484 647 866 643

Address 4240 Bowne St #1B 4255 Colden St #4V 4240 Bowne St #2J 13777 45th Ave #3J 2910-2950 137th St #4F 13605 Sanford Ave #2Q 13870 Elder Ave #3F 4335 Union St #3B 2610 Union St #5C 3165 138th St #5A 13635 Maple Ave #3C 13825 31st Dr #P1 3130-3170 138th St #5A 2910-2950 137th St #5L 4242 Colden St #D8 2620-2626 Whitestone Expy #5A 13919 31st Rd #4C 13919 31st Rd #3J 13639 41st Ave #4A 2909-2930 137th St #1L 13825 31st Dr #1L 13327 Sanford Ave #62

BBL 4-05185-0043 4-05137-0011 4-05185-0043 4-05145-0068 4-04371-0008 4-05043-1002 4-05145-0055 4-05193-0009 4-04285-0010 4-04411-0001 4-05134-0059 4-04374-0049 4-04410-0056 4-04371-0008 4-05136-0037 4-04312-0010 4-04343-0125 4-04343-0125 4-05019-0101 4-04340-0010 4-04374-0049 4-05042-0023

Sale date 18-Sep-18 9-Aug-18 27-Aug-18 7-Aug-18 6-Sep-18 18-Sep-18 15-Aug-18 5-Jul-18 2-Jul-18 25-Jul-18 8-Aug-18 25-Jul-18 10-Jul-18 14-Sep-18 27-Aug-18 12-Jul-18 24-Aug-18 24-Aug-18 18-Jul-18 23-Aug-18 21-Aug-18 2-Jul-18

Sale price $315,000 $295,000 $293,000 $290,000 $289,000 $285,000 $282,000 $280,000 $280,000 $277,000 $250,000 $250,000 $248,000 $245,000 $239,000 $235,000 $235,000 $230,000 $220,000 $210,000 $200,000 $115,000

Property type Coop 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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