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DOWNTOWN FLUSHING A quarterly analysis of residential sales in Downtown Flushing, Queens 3rd Quarter 2017

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

Residential Market Report, 3rd Quarter 2017

Residential Market Report, 3rd Quarter 2017 Downtown Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$629K

203

$672

$470K

76% YoY

95% YoY

0% YoY

18% YoY

NEIGHBORHOOD BOUNDARIES

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

RESIDENTIAL STATS Median Sale Price by Quarter $700K

$629K

$600K

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

Median Sale Price by Year $400K

$342K

$350K

$300K $250K $200K $150K

$100K $50K $

Number of Transactions Quarter Q1 Q2 Q3 Q4

2012 99 138 113 110

2013 114 121 215 159

250

2014 162 132 184 190

207

2015 110 132 144 141

2016 117 99 104 106

2017 114 207 203

203

200

150

114

100

50 0 Q1

Q2

2015

Q3

2016

Q4

2017

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

$672

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $789,144 Coops $311,440 Houses $737,500

Y-o-Y 58% 31% -12%

Median sale price/sqft $708 $350 $494

Y-o-Y 3% 40% -22%

Transactions 146 57 2

Number of Sales by Building Type 1%

28% Condos Coops Houses 71%

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LIST OF TRANSACTIONS Address 13347 Sanford Ave #11A 13313 35 Ave 13835 39 Ave #4B 14037 Cherry Ave #1B 4220 Kissena Blvd #C16 13624 Maple Ave #5A 13617-13625 Maple Ave #8F 3132 Union St #2B 3625 Union St #7C 13226 Avery Ave #11A 4235 Main St #9D 13235 Sanford Ave #616 14021 32 Ave #7EN 4220 Kissena Blvd #A10 3138 137 St #4A 4140 Union St #8C 3720 Prince St #7G 14205 Roosevelt Ave #430 3236 Union St #4D 3118 Union St #5A 13229 Blossom Ave #3F 14205 Roosevelt Ave #408 13616 35 Ave #2B 13835 Elder Ave #7F 13510 35 Ave #3A 4055 College Point Blvd #3A 4318 Main St #5B 4140 Union St #2K 13229 Blossom Ave #2A 4231 Colden St #R6 13930 34 Ave #5B 13930 34 Ave #4C 14118 Cherry Ave #3H 13810 Franklin Ave #1K 4265 Kissena Blvd #L9 4355 Kissena Blvd #2C 4242 Colden St #4C 4134 Frame Pl #2D 3122 Union St #2A 13815 Franklin Ave #L4 13810 Franklin Ave #16F 4343 Kissena Blvd #309 2610 Union St #6B 4295 Main St #7H 13815 Franklin Ave #512 14205 Franklin Ave #2L 13333-13335 Sanford Ave #2B 2610 Union St #5B 13454 Maple Ave #4R 13740 45 Ave #2C

BBL 4-05042-1465 4-04946-0050 4-04978-1302 4-05186-1103 4-05134-1048 4-05135-1035 4-05134-1242 4-04414-1302 4-05010-7089 4-05105-1333 4-05135-1175 4-05040-1286 4-04414-1460 4-05134-1009 4-04409-1308 4-05045-1136 4-04972-1046 4-05020-0001 4-04954-1021 4-04414-1207 4-05105-1429 4-05020-0001 4-04960-1006 4-05137-1278 4-04959-1204 4-05037-1507 4-05125-1123 4-05045-1012 4-05105-1415 4-05137-1776 4-04957-1018 4-04957-1015 4-05193-1519 4-05137-0055 4-05180-0001 4-05186-1002 4-05136-0037 4-05040-0032 4-04414-1005 4-05135-0044 4-05137-0055 4-05185-1039 4-04285-0010 4-05136-0050 4-05135-0044 4-05181-0001 4-05042-0057 4-04285-0010 4-05122-0029 4-05146-0027

Sale date 8-Aug-17 21-Sep-17 12-Jul-17 30-Aug-17 11-Aug-17 25-Aug-17 11-Aug-17 18-Sep-17 30-Aug-17 5-Sep-17 10-Jul-17 25-Sep-17 25-Aug-17 30-Aug-17 19-Jul-17 2-Aug-17 1-Aug-17 5-Jul-17 29-Aug-17 18-Jul-17 25-Jul-17 8-Aug-17 14-Jul-17 14-Sep-17 14-Jul-17 27-Sep-17 27-Sep-17 18-Sep-17 17-Aug-17 4-Aug-17 12-Sep-17 25-Jul-17 4-Aug-17 4-Aug-17 20-Sep-17 25-Jul-17 23-Aug-17 8-Aug-17 18-Jul-17 25-Jul-17 29-Aug-17 15-Sep-17 26-Jul-17 14-Sep-17 22-Aug-17 5-Jul-17 25-Jul-17 23-Aug-17 24-Aug-17 29-Sep-17

Sale price $1,450,000 $1,250,000 $1,235,501 $850,000 $830,000 $800,000 $750,000 $745,000 $710,000 $700,000 $695,000 $685,000 $680,000 $680,000 $640,000 $630,000 $623,000 $611,800 $608,000 $605,000 $600,000 $600,000 $575,000 $570,000 $545,000 $520,000 $508,000 $501,000 $500,000 $480,000 $475,000 $475,000 $450,000 $430,000 $428,000 $410,000 $405,000 $400,000 $400,000 $390,000 $380,000 $380,000 $370,000 $363,000 $362,000 $358,000 $350,000 $345,000 $342,000 $330,000

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

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Sqft 2,882 1,575 1,633 1,733 1,042 1,090 1,206 836 725 733 942 907 1,054 967 943 732 1,350 774 833 736 856 695 890 953 723 677 783 721 577 577 555

681

537 800 900 1,200

Address 4255 Colden St #2V 13333-13335 Sanford Ave #4F 13777 Kissena Blvd #4M 2610 Union St #4G 2910-2950 137 St #4D 4295 Main St #4D 14205 Franklin Ave #7C 13810 Franklin Ave #6E 4245 Kissena Blvd #4V 2610 Union St #6G 4310 Kissena Blvd #3E 13815 Franklin Ave #326 4242 Colden St #C21 2610 Union St #2B 4335 Union St #6B 13777 Kissena Blvd #7M 2610 Union St #1C 13910-13916 28 Rd #2G 2610 Union St #5E 2610 Union St #2D 2610 Union St #3E 13454 Maple Ave #6S 2610 Union St #6E 4334-4340 Union St #1F 2620-2626 Whitestone Ep W #1E 2908-2914 139 St #3D 4465-4473 Kissena Blvd #1J 13910-13916 28 Rd #3A 4739 Colden St 13639 41 Ave #5E 3150 140 St #3L 13919 31 Rd #2B 4295 Main St #6F 2610 Union St #1A 2610 Union St #3F 2610 Union St #1A 3131 138 St #1C 3165 138 St #6L

BBL 4-05137-0011 4-05042-0057 4-05145-0068 4-04285-0010 4-04371-0008 4-05136-0050 4-05181-0001 4-05137-0055 4-05180-0015 4-04285-0010 4-05137-0067 4-05135-0044 4-05136-0037 4-04285-0010 4-05193-0009 4-05145-0068 4-04285-0010 4-04343-0010 4-04285-0010 4-04285-0010 4-04285-0010 4-05122-0029 4-04285-0010 4-05192-0055 4-04312-0010 4-04342-0010 4-05192-0001 4-04343-0010 4-05149-0070 4-05019-0101 4-04374-0035 4-04343-0125 4-05136-0050 4-04285-0010 4-04285-0010 4-04285-0010 4-04374-0049 4-04411-0001

Sale date 2-Aug-17 1-Aug-17 16-Aug-17 8-Sep-17 14-Sep-17 30-Aug-17 21-Sep-17 22-Aug-17 29-Sep-17 8-Aug-17 8-Sep-17 13-Sep-17 22-Sep-17 8-Sep-17 30-Aug-17 2-Aug-17 28-Sep-17 6-Jul-17 7-Sep-17 22-Aug-17 21-Aug-17 19-Sep-17 27-Jul-17 11-Sep-17 17-Aug-17 31-Aug-17 20-Jul-17 14-Sep-17 14-Jul-17 31-Jul-17 30-Aug-17 21-Jul-17 3-Jul-17 21-Aug-17 18-Jul-17 28-Sep-17 19-Sep-17 25-Jul-17

Sale price $330,000 $330,000 $325,000 $320,000 $320,000 $320,000 $318,000 $315,000 $315,000 $312,880 $310,000 $300,000 $300,000 $295,000 $290,000 $283,000 $278,000 $265,000 $265,000 $263,888 $261,000 $260,000 $252,500 $248,000 $245,000 $240,000 $233,000 $228,500 $225,000 $200,000 $190,000 $188,000 $180,000 $177,500 $169,000 $167,000 $150,000 $140,000

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

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

Sqft

850 1,156

750