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FLUSHING A quarterly analysis of residential sales in Flushing, Queens 4th Quarter 2016

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Residential Market Report, 4th Quarter 2016

Residential Market Report, 4th Quarter 2016 Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$551K

296

$583

$430K

26% YoY

-3% YoY

12% YoY

18% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Quarter $600K

$551K

$500K $400K

$300K $200K $100K $

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

$420K

Number of Transactions Quarter Q1 Q2 Q3 Q4

2011 276 306 282 234

450 400 350 300 250 200 150 100 50 0

2012 245 297 282 281

Q2 2014

Q3 2015

2014 330 270 383 385

2015 242 283 331 305

2016 250 277 292 296

296

292

277

250

Q1

2013 261 303 424 365

Q4

2016

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Median Sale Price per Square Foot $700

$600

$583

$500 $400 $300

$200 $100 $

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $498,000 Coops $245,000 Houses $839,000

Y-o-Y 0% 7% 8%

Median sale price/sqft $648 $283 $563

Y-o-Y 4% 28% 14%

Transactions 75 97 124

Number of Sales by Building Type

25%

42%

Condos Coops Houses

33%

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TOP 100 TRANSACTIONS Address 3380 162 St 14129 Booth Memorial Ave 14470 29 Ave 4332-4334 Burling St 3015 148 St 4851 187 St 15711 33 Ave 13761 Laburnum Ave 15618 Oak Ave 5205 Quince Ave 3520 165 St 4745 Parsons Blvd 19007 33 Ave 3529 162 St 15801 45 Ave 4540 Parsons Blvd 4527 Bowne St 3527 161 St 3355 159 St 5845 146 St 3720 Prince Street #PHB 3573 160 St 2615 166 St 14012 Holly Ave 15115 29 Ave 15744 Quince Ave 2536 163 St 3004 150 Pl 3545 158 St 3211 156 St 13940 58 Ave 3511 170 St 14834 59 Ave 3357 162 St 5012 192 St 3211 Parsons Blvd 4506 192 St 2916 171 St 14634 58 Rd 4211 156 St 3314 Murray Ln 3312 160 St 19639 45 Rd 3720 Prince Street #PHD 2935 143 St 5736 156 St 2947 162 St 4333 Auburndale Ln 16010 Station Rd 17125 45 Ave

BBL 4-05246-0084 4-05168-0001 4-04784-0039 4-05196-0066 4-04808-0011 4-05623-0001 4-04873-0004 4-05150-0035 4-05495-0018 4-05232-0001 4-05284-0056 4-05485-0006 4-04941-0010 4-05282-0040 4-05416-0082 4-05206-0028 4-05203-0049 4-05281-0042 4-05244-0014 4-06415-0001 4-04972-1097 4-05280-0015 4-04917-0009 4-05208-0005 4-04834-0079 4-05496-0055 4-04885-0038 4-04824-0021 4-05274-0020 4-04857-0016 4-06403-0020 4-05298-0032 4-06424-0056 4-05247-0014 4-05645-0011 4-04789-0012 4-05530-0064 4-04933-0013 4-06415-0024 4-05387-0033 4-04992-0029 4-05244-0048 4-05538-0055 4-04972-1099 4-04774-0071 4-06722-0023 4-04893-0012 4-05510-0085 4-05333-0020 4-05429-0001

Sale date 30-Dec-16 31-Oct-16 27-Oct-16 13-Oct-16 12-Oct-16 7-Oct-16 11-Oct-16 16-Dec-16 1-Dec-16 23-Dec-16 6-Oct-16 28-Oct-16 18-Nov-16 28-Dec-16 14-Oct-16 22-Nov-16 7-Oct-16 24-Oct-16 12-Oct-16 11-Oct-16 21-Oct-16 10-Nov-16 16-Dec-16 6-Oct-16 25-Oct-16 25-Oct-16 14-Oct-16 16-Dec-16 29-Nov-16 20-Dec-16 5-Oct-16 29-Nov-16 28-Oct-16 27-Dec-16 21-Nov-16 28-Oct-16 10-Nov-16 16-Dec-16 9-Dec-16 7-Oct-16 17-Nov-16 26-Oct-16 14-Oct-16 2-Nov-16 7-Dec-16 7-Oct-16 6-Oct-16 14-Nov-16 4-Nov-16 20-Oct-16

Sale price $1,600,000 $1,405,000 $1,310,000 $1,300,000 $1,285,000 $1,275,000 $1,230,000 $1,230,000 $1,230,000 $1,190,000 $1,180,000 $1,160,000 $1,150,000 $1,130,000 $1,120,000 $1,100,000 $1,100,000 $1,100,000 $1,088,000 $1,080,000 $1,050,000 $1,030,000 $999,000 $999,000 $997,885 $995,500 $988,000 $985,000 $975,000 $975,000 $970,000 $955,000 $950,000 $950,000 $950,000 $949,880 $945,000 $945,000 $940,000 $935,000 $928,000 $925,000 $925,000 $910,000 $910,000 $896,000 $890,000 $882,000 $880,000 $880,000

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

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Sqft 3,984 1,248 2,170 1,734 2,971 1,977 2,760 1,264 2,982 1,872 2,439 3,074 2,044 1,984 1,080 1,545 1,485 1,940 2,075 1,595 1,371 2,297 1,816 1,000 2,193 1,428 1,735 1,337 1,840 2,334 1,600 1,148 2,024 1,884 1,855 1,368 2,700 1,776 1,620 1,551 1,963 1,251 1,040 940 1,794 1,056 1,440 2,440 1,728 1,909

Address 2702 154 St 3209 171 St 4807 Kissena Blvd 4546 160 St 4655 159 St 4763 194 St 15311 58 Ave 4226 160 St 4529 156 St 4369 170 St 3317 146 St 4536 194 St 4745 189 St 15212 Peck Ave 15018 32 Ave 14609 56 Rd 4220 Kissena Boulevard #C6 13712 Kalmia Ave 2525 147 St 4739 168 St 5725 138 St 15311 58 Rd 15202 Peck Ave 4308 168 St 4932 170 St 4345 160 St 15148 27 Ave 4315 171 St 4512 163 St 14619 56 Rd 17347 47 Ave 16001 Laburnum Ave 4653 160 St 5035 192 St 4574 157 St 19520 48 Ave 15066 32 Ave 14624 Kalmia Ave 4567 160 St 2701 172 St 4539 159 St 4235 Main Street #7B 5930 162 St 14809 Northern Boulevard #1F 14238 58 Rd 4213 Auburndale Ln 19016 35 Ave 3234 147 Pl 14627 Hor Harding Ep N 3625 Union Street #3E

BBL 4-04833-0042 4-04936-0001 4-05216-0036 4-05438-0069 4-05458-0003 4-05613-0005 4-06437-0133 4-05390-0040 4-05435-0030 4-05428-0004 4-04985-0015 4-05535-0042 4-05607-0040 4-05178-0151 4-04827-0022 4-05173-0121 4-05134-1039 4-05150-0108 4-04800-0006 4-05566-0001 4-06376-0008 4-06438-0031 4-05178-0046 4-05425-0044 4-05573-0058 4-05418-0013 4-04833-0029 4-05429-0043 4-05441-0047 4-05173-0117 4-05583-0054 4-05459-0066 4-05459-0006 4-05646-0035 4-05435-0082 4-05631-0033 4-04829-0017 4-05215-0016 4-05439-0015 4-05963-0045 4-05438-0026 4-05135-1155 4-06739-0054 4-05005-1205 4-06408-0045 4-05362-0018 4-05305-0028 4-04799-0222 4-06417-0043 4-05010-7067

Sale date 2-Nov-16 19-Oct-16 18-Nov-16 9-Dec-16 6-Oct-16 23-Nov-16 19-Dec-16 2-Nov-16 12-Oct-16 22-Nov-16 7-Oct-16 3-Nov-16 7-Oct-16 4-Oct-16 14-Dec-16 16-Nov-16 18-Nov-16 7-Oct-16 2-Nov-16 27-Dec-16 28-Dec-16 24-Oct-16 28-Oct-16 22-Dec-16 1-Nov-16 9-Nov-16 19-Dec-16 21-Nov-16 5-Oct-16 4-Oct-16 30-Dec-16 1-Nov-16 3-Oct-16 5-Dec-16 22-Dec-16 4-Oct-16 31-Oct-16 14-Oct-16 4-Nov-16 22-Nov-16 1-Dec-16 14-Dec-16 29-Dec-16 14-Oct-16 7-Oct-16 18-Oct-16 17-Nov-16 1-Dec-16 27-Oct-16 21-Oct-16

Sale price $880,000 $880,000 $866,000 $860,000 $860,000 $860,000 $858,000 $850,000 $850,000 $850,000 $844,417 $840,000 $840,000 $840,000 $838,000 $830,000 $830,000 $829,000 $820,000 $808,000 $805,000 $805,000 $800,000 $800,000 $800,000 $800,000 $800,000 $790,000 $790,000 $790,000 $785,000 $780,000 $780,000 $780,000 $780,000 $778,500 $775,000 $775,000 $770,000 $763,760 $760,000 $750,000 $750,000 $748,414 $746,000 $738,000 $737,500 $735,000 $735,000 $735,000

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

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Sqft 1,624 1,700 1,683 1,706 1,560 1,506 1,224 1,966 1,386 1,854 1,592 1,520 1,490 1,429 1,326 1,653 1,917 1,156 1,360 1,512 1,442 1,224 1,726 1,824 945 1,248 1,144 1,700 1,180 1,653 1,166 1,520 1,335 1,148 1,344 1,650 1,449 1,194 1,252 1,311 1,260 849 1,160 1,679 1,344 1,216 1,488 1,056 1,620 836