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DOWNTOWN FLUSHING A monthly analysis of residential sales in Downtown Flushing, Queens May 2018
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Residential Market Report, May 2018 Downtown Flushing, Queens
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
QUEENS MEDIAN SALE PRICE
$445K
47
$754
$462K
-42% YoY
-25% YoY
5% YoY
12% YoY
NEIGHBORHOOD BOUNDARIES
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RESIDENTIAL STATS Median Sale Price by Month $800K $700K $600K
$445K
$500K $400K $300K $200K $100K $
Median Sale Price by Quarter $700K $600K $500K
$398K
$400K $300K $200K $100K $
Number of Transactions Year 2013 2014 2015 2016 2017 2018
Jan 52 51 41 38 29 30
Feb 36 54 42 48 26 27
Mar 26 57 27 31 60 31
Apr 34 41 39 34 65 37
May 40 48 43 29 63 47
Jun 47 43 50 36 78
Jul 81 50 54 27 68
Aug 50 48 39 47 77
Sep 84 86 51 30 55
Oct 67 98 52 32 49
Nov 47 41 38 36 36
Dec 45 52 51 38 40
100 80
60 40
30
27
31
37
47
20 0 Jan
Feb
Mar
Apr
May
Jun 2016 2017
Jul 2018
Aug
Sep
Oct
Nov
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Dec
Median Sale Price per Square Foot $900 $800 $700 $600 $500 $400 $300 $200 $100 $
$754
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $608,000 Coops $285,000 Houses $1,180,000
Y-o-Y -34% -4% -16%
Median sale price/sqft $754 $280 $870
Y-o-Y 4% -3% -9%
Transactions 23 23 1
Number of Sales by Building Type 2%
Condos 49%
49%
Coops Houses
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LIST OF TRANSACTIONS Address 13715 Oak Ave 13835 39th Ave 13624 Maple Ave #3D 4235 Main St #5C 3625 Union St #3F 3625 Union St #1C 4140 Union St #6T 4140 Union St #18N 13203 Sanford Ave #7B 3118 Union St #6A 13237 41st Rd #601 13510 35th Ave #6D 4222 Union St #2A 13236 Pople Ave #1E 4140 Union St #6U 13235 Sanford Ave #5O 3215 Leavitt St #4B 13252 41st Ave #5 13338 Avery Ave #2RA 13927 34th Ave #103 13870 Elder Ave #4R 4265 Kissena Blvd #219 4125 Kissena Blvd #4H 14205 Roosevelt Ave #436 13740 45th Ave #4H 13740 45th Ave #6L 3165 138th St #4D 2610 Union St #3D 2910-2950 137th St #4A 13919 31st Rd #1D 4335 Union St #2B 4335 Union St #6M 2610 Union St #4D 3130-3170 138th St #3G 4240 Bowne St #3A 3131 138th St #6A 4220 Kissena Blvd #B4 2910-2950 137th St #6J 13910-13916 28th Rd #4A 13910-13916 28th Rd #2A 2910-2950 137th St #4J 14065 Beech Ave #5J 3165 138th St #4A
BBL 4-05153-0037 4-04978-1479 4-05135-1026 4-05135-1138 4-05010-7068 4-05010-7053 4-05045-1107 4-05045-1344 4-05040-1044 4-04414-1209 4-05039-1216 4-04959-1219 4-05180-1105 4-05104-1009 4-05045-1108 4-05040-1269 4-04954-1116 4-05039-1305 4-05105-1107 4-04955-1063 4-05145-0055 4-05180-0001 4-05044-1497 4-05020-0001 4-05146-0027 4-05146-0027 4-04411-0001 4-04285-0010 4-04371-0008 4-04343-0125 4-05193-0009 4-05193-0009 4-04285-0010 4-04410-0056 4-05185-0043 4-04374-0049 4-05134-1020 4-04371-0008 4-04343-0010 4-04343-0010 4-04371-0008 4-05185-0054 4-04411-0001
Sale date 30-May-18 31-May-18 17-May-18 10-May-18 29-May-18 30-May-18 18-May-18 25-May-18 31-May-18 9-May-18 22-May-18 4-May-18 18-May-18 22-May-18 4-May-18 31-May-18 24-May-18 10-May-18 11-May-18 18-May-18 25-May-18 22-May-18 24-May-18 23-May-18 14-May-18 21-May-18 31-May-18 29-May-18 22-May-18 17-May-18 17-May-18 18-May-18 29-May-18 10-May-18 1-May-18 11-May-18 21-May-18 29-May-18 16-May-18 16-May-18 8-May-18 8-May-18 18-May-18
Sale price $1,180,000 $1,120,075 $920,000 $860,000 $738,000 $720,000 $716,000 $712,775 $660,000 $640,000 $630,000 $608,000 $590,000 $565,000 $550,000 $545,625 $538,000 $500,000 $490,000 $480,000 $463,220 $445,000 $425,000 $418,000 $407,000 $395,000 $330,000 $320,000 $318,000 $315,000 $298,000 $285,000 $285,000 $270,000 $270,000 $260,000 $253,497 $226,000 $210,000 $205,000 $158,000 $141,603 $125,000
Property type House Condo Condo Condo Condo Condo Condo Condo Condo 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 Coop Coop Condo Coop Coop Coop Coop Coop Coop
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Sqft 1,356 1,089 733 838 836 848 950 815 833 1,130 803 955 623 687 771 803 949 866 787
819
2,781 750