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ELMHURST-LEFRAK CITY A quarterly analysis of residential sales in Elmhurst-Lefrak City, Queens 4th Quarter 2017

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

Residential Market Report, 4th Quarter 2017

Residential Market Report, 4th Quarter 2017 Elmhurst/Lefrak City, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$328K

86

$595

$473K

1% YoY

-8% YoY

11% YoY

10% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Quarter $350K

$328K

$300K

$250K $200K $150K $100K $50K $

Median Sale Price by Year $350K

$300K

$300K

$250K $200K $150K $100K $50K $

Number of Transactions Quarter Q1 Q2 Q3 Q4

2012 73 85 80 91

2013 89 80 112 115

2014 96 87 104 133

2015 98 105 117 102

2016 111 99 109 93

2017 93 73 81 86

140 120 93

100

86

81

73

80 60 40 20 0 Q1

Q2

2015

Q3

2016

Q4

2017

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Median Sale Price per Square Foot $700

$600

$595

$500 $400

$300 $200 $100

$

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $440,000 Coops $218,000 Houses $790,000

Y-o-Y 0% 3% 11%

Median sale price/sqft $604 $345 $602

Y-o-Y 11% 50% 12%

Transactions 21 49 16

Number of Sales by Building Type

19%

24%

Condos Coops Houses

57%

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LIST OF TRANSACTIONS Address 7808 45 Ave 5544 97 Pl 5052 96 St 8243 St James Ave 5330 96 St 11036 Saultell Ave 4520 78 St 4202 114 St 5314 105 St 4905 Oconnell Ct 5103 Jacobus St 5307 Junction Blvd 4323 76 St 4024 76 St #5B 8118 Queens Blvd #5A 8432 Grand Ave #5C 5119 Gorsline St 4040 75 St #3E 4225 80 St #6R 8006 47 Ave #2M 4035 Ithaca St #2D 8710 51 Ave #3S 8215 Queens Blvd #5B 8215 Queens Blvd #5A 8201 Britton Ave #6D 8111 45 Ave #7G 8710 51 Ave #6F 8225 Queens Blvd #3E 8710 51 Ave #4F 8317 Britton Ave 9411 59 Ave #D4 8710 51 Ave #2E 8006 47 Ave #1F 9231 57 Ave #1L 9230 56 Ave #6L 8710 51 Ave #3T 4023 72 St #4A 8812 Elmhurst Ave #4H 8710 51 Ave #2V 9059 56 Ave #7E 9014 51 Ave #1A 8714 57 Rd #6C 4215 81 St #3H 8615 Broadway #2J 5311 90 St #5C 5525 98 Pl #4J 10509 Otis Ave #2B 9229 Lamont Ave #6F 9411 59 Ave #A5 9411 59 Ave #B15

BBL 4-01530-0032 4-01905-0047 4-01887-0058 4-01540-0044 4-01895-0045 4-01972-0025 4-01530-0067 4-02015-0035 4-01944-0065 4-01834-0072 4-02468-0035 4-01895-0026 4-01522-0064 4-01486-1012 4-02474-1021 4-02891-1121 4-02471-0082 4-01485-1017 4-01526-1136 4-01536-1027 4-01505-1020 4-01837-0012 4-01542-1007 4-01542-1006 4-01509-1078 4-01527-0001 4-01837-0012 4-01542-1114 4-01837-0012 4-01508-0062 4-01911-0001 4-01837-0012 4-01536-1006 4-01872-0045 4-01872-0011 4-01837-0012 4-01304-1008 4-01555-0001 4-01837-0012 4-01857-0038 4-01853-1401 4-02858-1019 4-01527-1054 4-01837-0104 4-01855-1044 4-01908-0001 4-01951-1016 4-01566-0039 4-01911-0001 4-01911-0001

Sale date 27-Nov-17 12-Dec-17 16-Nov-17 8-Dec-17 16-Nov-17 2-Nov-17 26-Oct-17 13-Nov-17 1-Dec-17 17-Oct-17 21-Dec-17 29-Nov-17 16-Nov-17 22-Dec-17 14-Nov-17 30-Nov-17 19-Dec-17 13-Nov-17 18-Dec-17 7-Nov-17 4-Oct-17 20-Dec-17 30-Oct-17 30-Nov-17 11-Dec-17 16-Oct-17 5-Oct-17 25-Oct-17 11-Oct-17 13-Oct-17 11-Oct-17 6-Oct-17 12-Oct-17 5-Oct-17 31-Oct-17 8-Nov-17 13-Dec-17 12-Dec-17 16-Oct-17 27-Oct-17 21-Nov-17 3-Oct-17 28-Dec-17 3-Nov-17 13-Oct-17 29-Nov-17 13-Dec-17 5-Oct-17 16-Nov-17 14-Nov-17

Sale price $1,300,000 $1,100,000 $850,000 $840,000 $830,000 $815,000 $790,000 $790,000 $790,000 $780,000 $760,000 $750,000 $750,000 $695,000 $690,000 $653,000 $630,000 $605,000 $588,000 $570,000 $550,000 $530,000 $525,000 $525,000 $510,800 $480,086 $470,000 $440,000 $430,950 $415,000 $415,000 $394,333 $390,000 $390,000 $380,000 $375,000 $370,000 $370,000 $367,555 $365,000 $354,900 $338,000 $330,000 $326,000 $300,000 $300,000 $300,000 $295,000 $285,000 $270,000

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

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Sqft 1,760 1,514 1,305 1,728 1,408 895 1,344 1,881 1,632 1,188 930 1,220 1,600 1,040 1,020 1,097 918 739 934 1,150 1,068 807 777 931

630 1,164

1,005 1,100 665

537 415 489 550

Address 8714 57 Rd #1A 9930 59 Ave #6J 5921 Calloway St #3T 8306 Vietor Ave #5H 4226 81 St #3D 10214 Lewis Ave #1A 9059 56 Ave #8G 8345 Vietor Ave #4J 9911 60 Ave #4J 9906 58 Ave #5I 8345 Vietor Ave #7U 7806 46 Ave #6E 9930 59 Ave #2K 9115 Lamont Ave #7K 9906 58 Ave #4A 5803 Calloway St #3NN 9930 59 Ave #4A 9930 59 Ave #2E 8420 51 Ave #2J 8812 Elmhurst Ave #6M 7402-7482 43 Ave #5P 9906 58 Ave #L2 9930 59 Ave #2H 7939 Calamus Ave #CF 8544 54 Ave 9911 60 Ave #5F 8420 51 Ave #2E 8330 Vietor Ave #431 4005 Ithaca St #4F 9930 59 Ave #1B 5803 Calloway St #6AA 8345 Vietor Ave #2D 8920 55 Ave #1P 7806 46 Ave #7H 5525 98 Pl #6L 9911 60 Ave #2A

BBL 4-02858-1001 4-01947-0018 4-01949-0090 4-01518-1203 4-01526-0016 4-01941-1001 4-01857-0038 4-01517-0033 4-01947-0001 4-01946-0001 4-01517-0033 4-01531-0021 4-01947-0018 4-01569-0037 4-01946-0001 4-01949-0106 4-01947-0018 4-01947-0018 4-01548-0006 4-01555-0001 4-01520-0005 4-01946-0001 4-01947-0018 4-02467-1101 4-02878-0030 4-01947-0001 4-01548-0006 4-01518-0009 4-01505-0001 4-01947-0018 4-01949-0106 4-01517-0033 4-01841-0001 4-01531-0021 4-01908-0001 4-01947-0001

Sale date 18-Oct-17 21-Dec-17 7-Nov-17 27-Dec-17 30-Nov-17 11-Oct-17 15-Nov-17 14-Dec-17 8-Nov-17 26-Oct-17 22-Dec-17 16-Oct-17 12-Dec-17 10-Nov-17 29-Nov-17 9-Nov-17 8-Nov-17 13-Nov-17 27-Nov-17 22-Dec-17 13-Dec-17 7-Dec-17 8-Dec-17 21-Nov-17 3-Nov-17 13-Dec-17 9-Nov-17 27-Nov-17 24-Oct-17 24-Oct-17 5-Dec-17 15-Nov-17 21-Dec-17 20-Nov-17 8-Dec-17 8-Dec-17

Sale price $269,000 $260,000 $252,500 $250,000 $247,667 $245,000 $240,000 $240,000 $230,000 $218,000 $200,000 $192,000 $190,000 $190,000 $190,000 $188,000 $185,000 $180,000 $180,000 $180,000 $180,000 $180,000 $180,000 $175,000 $175,000 $175,000 $173,000 $168,008 $165,000 $165,000 $155,000 $155,000 $151,000 $148,000 $140,000 $134,000

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

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Sqft 509

550

1,428 1,288