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FLUSHING A monthly analysis of residential sales in Flushing, Queens May 2016

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

Residential Market Report, May 2016

Residential Market Report, May 2016 Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$405K

86

$567

$375K

-11% YoY

-3% YoY

6% YoY

10% YoY

NEIGHBORHOOD BOUNDARIES

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

RESIDENTIAL STATS Median Sale Price by Month $600K $500K

$405K

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

Median Sale Price by Quarter $500K $450K $400K $350K $300K $250K $200K $150K $100K $50K $

$413K

Number of Transactions Year 2011 2012 2013 2014 2015 2016

Jan 86 74 107 116 82 73

Feb 89 78 78 113 87 83

Mar 99 92 76 101 72 82

Apr 94 93 91 77 104 94

May 102 97 104 95 89 86

94

86

Jun 110 106 107 98 88

Jul 95 101 162 118 125

Aug 100 108 114 109 93

Sep 86 73 148 155 112

Oct 80 90 142 172 109

Nov 57 94 111 89 93

Dec 93 97 110 123 100

200 150 100

73

83

82

50 0 Jan

Feb

Mar

Apr

May

Jun 2014 2015

Jul 2016

Aug

Sep

Oct

Nov

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Dec

Median Sale Price per Square Foot $700 $600

$567

$500 $400 $300 $200 $100 $

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $476,674 Coops $217,000 Houses $725,000

Y-o-Y -5% -6% -3%

Median sale price/sqft $597 $304 $567

Y-o-Y -2% 11% 26%

Transactions 30 30 26

Number of Sales by Building Type

30%

35% Condos Coops Houses

35%

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LIST OF TRANSACTIONS Address 3520 159 St 16044 25 Dr 3544 159 St 4715 164 St 15024 25 Dr 14616 58 Rd 4535 Union St 15064 32 Ave 4620 195 St 4550 172 St 3220 156 St 16014 26 Ave 17012 Pidgeon Meadow Rd 17003 Pidgeon Meadow Rd 14906 Northern Boulevard #503 15018 41 Ave 4841 189 St 4536 170 St 3236 190 St 17519 Underhill Ave 3002 Utopia Pkwy 4133 Parsons Boulevard #3A 4105 College Point Blvd #7I 4140 Union Street #16O 4232 147 Street #3C 3808 147 Street #4E 14055 34 Avenue #2M 14037 Cherry Avenue #8A 4107 Bowne Street #2E 4343 Kissena Boulevard #304 4232 147 Street #2D 13218 Avery Avenue #4D 4226 147 Street #1B 4232 147 Street #4A 14720 35 Avenue #6C 14021 32 Avenue #2CS 13273 Maple Avenue #4A 13273 Maple Avenue #4B 17020 Crocheron Avenue #106 3591 161 Street #6L 4232 147 Street #6A 4226 147 Street #4B 4232 147 Street #2B 4242 Union Street #1C 4251 159 Street #3B 13440 Cherry Avenue #2D 14340 Roosevelt Ave #3L 13327 Sanford Ave #15 4255 Colden St #10S 14205 Franklin Ave #7F

BBL 4-05274-0052 4-04885-0024 4-05274-0064 4-05563-0015 4-04819-0016 4-06415-0012 4-05201-0046 4-04829-0016 4-05550-0031 4-05525-0067 4-04856-0028 4-04886-0011 4-05575-0017 4-05577-0001 4-05017-1229 4-05058-0026 4-05625-0062 4-05448-0050 4-04940-0019 4-05589-0051 4-04938-0018 4-05051-1106 4-05039-1149 4-05045-1301 4-05374-1209 4-05024-1122 4-04981-0212 4-05186-1122 4-05048-1124 4-05185-1034 4-05374-1206 4-05105-1017 4-05374-1302 4-05374-1211 4-05005-1114 4-04414-1409 4-05101-1008 4-05101-1009 4-05301-1010 4-05281-1065 4-05374-1215 4-05374-1308 4-05374-1204 4-05180-1047 4-05390-1014 4-05125-1209 4-05023-0024 4-05042-0023 4-05137-0011 4-05181-0001

Sale date 27-May-16 11-May-16 6-May-16 16-May-16 31-May-16 6-May-16 23-May-16 10-May-16 6-May-16 10-May-16 23-May-16 27-May-16 10-May-16 9-May-16 18-May-16 4-May-16 5-May-16 6-May-16 19-May-16 27-May-16 12-May-16 19-May-16 13-May-16 3-May-16 5-May-16 3-May-16 27-May-16 16-May-16 31-May-16 12-May-16 27-May-16 20-May-16 12-May-16 13-May-16 12-May-16 20-May-16 2-May-16 10-May-16 3-May-16 12-May-16 6-May-16 9-May-16 17-May-16 27-May-16 27-May-16 3-May-16 25-May-16 26-May-16 26-May-16 27-May-16

Sale price $998,000 $998,000 $990,000 $960,000 $935,000 $890,000 $850,000 $845,000 $800,000 $760,000 $750,000 $725,000 $718,000 $712,775 $712,775 $710,000 $700,000 $690,000 $660,000 $650,000 $645,000 $638,000 $598,000 $595,000 $585,494 $585,000 $535,000 $525,000 $500,000 $500,000 $496,860 $485,000 $481,650 $476,674 $439,000 $420,000 $415,000 $408,000 $405,000 $392,000 $388,000 $385,320 $370,183 $364,800 $355,000 $332,795 $318,532 $303,000 $280,000 $280,000

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

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Sqft 1,642 1,902 2,513 2,500 2,922 1,920 1,370 1,446 1,290 1,355 1,404 1,030 1,188 955 1,080 993 1,121 1,216 968 1,211 1,024 1,160 709 956 980 1,040 725 1,060 1,148 927

612 828 683 650 674 853

635 495

Address 2910-2950 137 St #1D 14440-14450 38 Ave #1C 4245 Kissena Blvd #2S 2910-2950 137 St #1G 14440-14450 38 Ave #4D 13440 Cherry Avenue #4B 14350 Barclay Ave #4E 13950 35 Ave #2G 14721 41 Ave 14033-14039 34 Ave #6C 14015 Holly Ave #1G 14307 Sanford Ave #6F 17202 35 Ave #C2 3510-3516 150 St #1U 2620-2626 Whitestone Ep W #6E 14003 Oak Ave 13910-13916 28 Rd #1D 3420 Parsons Blvd #5O 13639 41 Ave #6A 14015 Holly Ave #3B 2620-2626 Whitestone Ep W #1B 2910-2950 137 St #2L 14350 Barclay Ave #1F 14336 Barclay Ave #2E 14440-14450 38 Ave #6F 4536 166 St 2908-2914 139 St #4F

BBL 4-04371-0008 4-05024-0024 4-05180-0015 4-04371-0008 4-05024-0024 4-05125-1219 4-05049-0023 4-05002-0042 4-05027-0016 4-04981-0078 4-05200-0039 4-05049-0001 4-05300-0022 4-05007-0022 4-04312-0010 4-05222-0044 4-04343-0010 4-04994-0051 4-05019-0101 4-05200-0039 4-04312-0010 4-04371-0008 4-05049-0023 4-05049-0019 4-05024-0024 4-05444-0061 4-04342-0010

Sale date 24-May-16 17-May-16 6-May-16 27-May-16 3-May-16 12-May-16 10-May-16 5-May-16 16-May-16 5-May-16 19-May-16 26-May-16 20-May-16 27-May-16 26-May-16 4-May-16 12-May-16 25-May-16 9-May-16 20-May-16 23-May-16 25-May-16 6-May-16 24-May-16 10-May-16 4-May-16 26-May-16

Sale price $280,000 $262,000 $250,000 $250,000 $245,000 $244,577 $240,000 $235,000 $233,300 $230,000 $228,000 $217,000 $210,000 $210,000 $208,000 $200,000 $195,000 $182,000 $180,000 $180,000 $175,000 $166,000 $153,000 $150,000 $140,000 $114,500 $100,000

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

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Sqft 1,200

458 750 1,292 750

2,098

1,364