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FLUSHING A quarterly analysis of residential sales in Flushing, Queens 2nd Quarter 2016

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Residential Market Report, 2nd Quarter 2016

Residential Market Report, 2nd Quarter 2016 Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$445K

254

$537

$376K

10% YoY

-10% YoY

10% YoY

8% YoY

NEIGHBORHOOD BOUNDARIES

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

$445K

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

$418K

Number of Transactions Quarter Q1 Q2 Q3 Q4

2011 274 306 281 230

450 400 350 300 250 200 150 100 50 0

2012 244 296 282 281

2014 330 270 382 384

2015 241 281 330 302

2016 236 254

254

236

Q1

2013 261 302 424 363

Q2 2014

Q3 2015

Q4

2016

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Median Sale Price per Square Foot $600

$537

$500 $400 $300 $200 $100 $

RESIDENTIAL SALES BREAKDOWN" Type of Residential Properties Sold Property Type Median sale price Condos $496,860 Coops $235,000 Houses $767,500

Y-o-Y 9% 11% 8%

Median sale price/sqft $601 $282 $524

Y-o-Y 2% 27% 19%

Transactions 89 87 78

Number of Sales by Building Type

31%

35% Condos Coops Houses

34%

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TOP 100 TRANSACTIONS Address 14616 58 Ave 14753 Ash Ave 15458 26 Ave 13619 Booth Memorial Ave 3333 159 St 14325 Roosevelt Avenue # 16044 25 Dr 3520 159 St 4647 Robinson St 3544 159 St 4878 187 St 13221 57 Rd 14460 32 Ave 3543 169 St 4715 164 St 4527 193 St 4359 159 St 15024 25 Dr 4350 165 St 4103 168 St 4520 159 St 13028 59 Ave 14616 58 Rd 19216 50 Ave 3914 Murray St 4366 167 St 4247 Union Street #8A 3310 146 St 4535 Union St 14860 60 Ave 15064 32 Ave 4226 160 St 2924 169 St 4235 Main Street #4C 4235 Main Street #5B 4235 Main Street #10G 4620 195 St 2722 167 St 3018 154 St 4316 160 St 14809 25 Dr 4539 171 Pl 4673 188 St 15034 58 Ave 3012 Murray St 17004 Pidgeon Meadow Rd 16911 Lithonia Ave 4550 172 St 3220 156 St 4637 193 St

BBL 4-06414-0014 4-05377-0046 4-04849-0033 4-05120-0001 4-05244-0026 4-05022-1005 4-04885-0024 4-05274-0052 4-05210-0033 4-05274-0064 4-05622-0066 4-06358-0040 4-04789-0042 4-05297-0018 4-05563-0015 4-05535-0023 4-05417-0005 4-04819-0016 4-05422-0067 4-05345-0020 4-05437-0060 4-06355-0018 4-06415-0012 4-05646-0008 4-05033-0026 4-05424-0073 4-05181-1016 4-04984-0025 4-05201-0046 4-06425-0063 4-04829-0016 4-05390-0040 4-04927-0017 4-05135-1129 4-05135-1137 4-05135-1186 4-05550-0031 4-04918-0016 4-04838-0046 4-05417-0044 4-04801-0047 4-05451-0014 4-05601-0004 4-06431-0072 4-04826-0031 4-05575-0012 4-05567-0045 4-05525-0067 4-04856-0028 4-05549-0010

Sale date 29-Apr-16 16-Jun-16 23-Jun-16 10-Jun-16 26-Apr-16 1-Apr-16 11-May-16 27-May-16 11-Apr-16 6-May-16 7-Apr-16 22-Apr-16 21-Jun-16 19-Apr-16 16-May-16 23-Jun-16 14-Apr-16 31-May-16 21-Apr-16 25-Apr-16 7-Apr-16 8-Jun-16 6-May-16 15-Jun-16 29-Jun-16 14-Jun-16 28-Jun-16 1-Apr-16 23-May-16 8-Jun-16 10-May-16 17-Jun-16 25-Apr-16 27-Jun-16 7-Jun-16 16-Jun-16 6-May-16 17-Jun-16 20-Jun-16 11-Apr-16 7-Jun-16 29-Apr-16 3-Jun-16 15-Apr-16 6-Apr-16 12-Apr-16 30-Jun-16 10-May-16 23-May-16 6-Apr-16

Sale price $1,650,000 $1,442,000 $1,300,000 $1,280,000 $1,265,000 $1,220,000 $998,000 $998,000 $990,000 $990,000 $988,000 $980,000 $980,000 $960,000 $960,000 $958,000 $951,000 $935,000 $930,000 $915,000 $900,000 $900,000 $890,000 $883,000 $871,000 $870,000 $860,000 $850,000 $850,000 $848,000 $845,000 $838,000 $837,000 $830,000 $825,000 $820,000 $800,000 $800,000 $795,000 $790,000 $775,000 $774,000 $773,500 $770,000 $765,000 $765,000 $760,000 $760,000 $750,000 $750,000

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

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Sqft 2,965 3,000 1,991 1,575 2,564 3,300 1,902 1,642 1,647 2,513 2,212 1,998 1,872 1,851 2,500 1,926 1,113 2,922 1,344 2,372 2,556 800 1,920 1,645 1,910 2,275 1,050 1,816 1,370 1,224 1,446 1,966 2,219 767 849 779 1,290 1,480 2,286 1,392 1,360 2,340 1,794 1,224 2,111 950 945 1,355 1,404 1,600

Address 5015 193 St 3012 154 St 14615 Hor Harding Ep N 4008 195 St 4326 159 St 16014 26 Ave 15911 29 Ave 4546 193 St 4232 147 Street #1B 4639 Burling St 17012 Pidgeon Meadow Rd 14906 Northern Boulevard #503 17003 Pidgeon Meadow Rd 15018 41 Ave 4841 189 St 15409 58 Ave 4220 Kissena Boulevard #B11 4536 170 St 4845 188 St 3916 Prince Street #7D 4647 161 St 3236 190 St 17519 Underhill Ave 5006 Francis Lewis Blvd 14906 Northern Boulevard #408 4232 147 Street #6B 3002 Utopia Pkwy 4702 189 St 4232 147 Street #3B 4920 167 St 4133 Parsons Boulevard #3A 3834 Parsons Boulevard #6C 14477 Roosevelt Avenue #3G 14477 Roosevelt Avenue #8C 3834 Parsons Boulevard #PHD 14617 Jasmine Ave 14212 29 Ave 14055 34 Avenue #2R 14014 Cherry Avenue #2A 4105 College Point Blvd #7I 4753 196 St 4140 Union Street #16O 2546 Bayside Ln 13236 Pople Avenue #1A 4232 147 Street #3C 3808 147 Street #4E 14611 Beech Avenue #2B 4232 147 Street #2C 4125 Kissena Boulevard #4A 13273 Maple Avenue #2B

BBL 4-05647-0018 4-04838-0043 4-06417-0049 4-05359-0023 4-05416-0050 4-04886-0011 4-04871-0066 4-05534-0120 4-05374-1202 4-05214-0004 4-05575-0017 4-05017-1229 4-05577-0001 4-05058-0026 4-05625-0062 4-06719-0012 4-05134-1027 4-05448-0050 4-05624-0005 4-04973-1063 4-05460-0010 4-04940-0019 4-05589-0051 4-07376-0007 4-05017-1225 4-05374-1216 4-04938-0018 4-05606-0033 4-05374-1208 4-05569-0052 4-05051-1106 4-05022-1532 4-05024-1023 4-05024-1059 4-05022-1539 4-05213-0041 4-04775-0010 4-04981-0215 4-05192-1003 4-05039-1149 4-05615-0008 4-05045-1301 4-04916-0044 4-05104-1005 4-05374-1209 4-05024-1122 4-05375-1014 4-05374-1205 4-05044-1490 4-05101-1005

Sale date 19-Apr-16 15-Apr-16 8-Apr-16 26-Apr-16 15-Jun-16 27-May-16 26-Apr-16 22-Apr-16 20-Apr-16 19-Apr-16 10-May-16 18-May-16 9-May-16 4-May-16 5-May-16 8-Apr-16 4-Apr-16 6-May-16 13-Apr-16 19-Apr-16 7-Jun-16 19-May-16 27-May-16 16-Jun-16 8-Apr-16 18-Apr-16 12-May-16 4-Apr-16 18-Apr-16 3-Jun-16 19-May-16 14-Apr-16 20-Apr-16 1-Apr-16 27-Jun-16 9-Jun-16 5-May-16 27-Jun-16 21-Jun-16 13-May-16 27-Jun-16 3-May-16 29-Jun-16 7-Apr-16 5-May-16 3-May-16 20-Apr-16 15-Apr-16 23-Jun-16 26-May-16

Sale price $750,000 $750,000 $750,000 $730,000 $725,000 $725,000 $725,000 $725,000 $722,958 $720,000 $718,000 $712,775 $712,775 $710,000 $700,000 $700,000 $700,000 $690,000 $672,000 $668,000 $660,000 $660,000 $650,000 $648,000 $646,589 $646,589 $645,000 $645,000 $640,479 $638,000 $638,000 $625,000 $621,000 $610,000 $610,000 $600,000 $600,000 $600,000 $599,000 $598,000 $597,000 $595,000 $595,000 $592,000 $585,494 $585,000 $580,000 $569,202 $568,000 $565,000

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

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Sqft 1,256 1,437 1,620 1,914 1,474 1,030 1,489 1,600 1,360 1,188 1,080 955 993 1,121 1,056 1,691 1,216 836 1,090 968 1,211 896 1,002 1,024 1,440 945 1,160 793 1,176 1,176 770 1,520 1,196 1,115 836 709 1,160 956 928 866 980 1,001 884 827