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FLUSHING A quarterly analysis of residential sales in Flushing, Queens 3rd Quarter 2016

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Residential Market Report, 3rd Quarter 2016

Residential Market Report, 3rd Quarter 2016 Flushing, Queens

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

QUEENS MEDIAN SALE PRICE

$510K

279

$559

$406K

27% YoY

-16% YoY

14% YoY

10% YoY

NEIGHBORHOOD BOUNDARIES

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RESIDENTIAL STATS Median Sale Price by Quarter $600K

$510K

$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 276 306 282 233

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 250 277 279

279

277

250

Q1

2013 261 303 424 365

Q4

2016

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Median Sale Price per Square Foot $600

$559

$500 $400

$300 $200

$100 $

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $499,995 Coops $247,000 Houses $837,500

Y-o-Y 4% 10% 12%

Median sale price/sqft $657 $260 $528

Y-o-Y 8% 27% 16%

Transactions 74 89 116

Number of Sales by Building Type

26% 42%

Condos Coops Houses

32%

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TOP 100 TRANSACTIONS Address 13236 Pople Avenue #5D 4231 Colden Street #R7 4616 162 St 3221 162 St 19652 45 Ave 2915 161 St 4623 192 St 13262 Pople Ave 3031 150 St 14704 28 Ave 14911 Cherry Ave 14224 29 Ave 2938 161 St 13338 Sanford Avenue #18C 14809 59 Ave 17018 35 Ave 17008 35 Ave 4946 166 St 3519 158 St 4658 Parsons Blvd 4720 162 St 3316 162 St 3230 169 St 14113 59 Ave 14726 Hawthorn Ave 16003 Oak Ave 14424 29 Ave 4724 Robinson St 13433 59 Ave 14639 29 Ave 14010 58 Rd 14518 33 Ave 4617 194 St 4520 Robinson St 4907 166 St 4741 157 St 2742 167 St 17349 Effington Ave 3511 172 St 17139 Gladwin Ave 16920 25 Ave 3608 167 St 18928 46 Rd 2906 161 St 3912 Murray St 2718 166 St 15045 58 Ave 15164 25 Dr 3376 165 St 13338 Sanford Avenue #10B

BBL 4-05104-1040 4-05137-1782 4-05460-0039 4-04896-0016 4-05538-0024 4-04892-0027 4-05548-0015 4-05104-0127 4-04824-0005 4-04805-0005 4-05407-0071 4-04775-0017 4-04891-0054 4-05121-1182 4-06423-0033 4-05298-0042 4-05298-0037 4-05568-0058 4-05274-0033 4-05215-0023 4-05491-0041 4-05246-0051 4-04929-0020 4-06404-0021 4-05431-0010 4-05490-0009 4-04784-0016 4-05217-0014 4-06366-0019 4-04795-0038 4-06404-0004 4-04983-0023 4-05550-0013 4-05201-0013 4-05569-0033 4-05487-0011 4-04918-0024 4-05585-0046 4-05300-0020 4-05578-0007 4-05773-0023 4-05293-0027 4-05533-0001 4-04891-0036 4-05033-0025 4-04907-0014 4-06430-0048 4-04831-0038 4-05249-0080 4-05121-1139

Sale date 30-Sep-16 19-Jul-16 29-Aug-16 2-Aug-16 6-Sep-16 26-Sep-16 8-Sep-16 8-Aug-16 23-Aug-16 28-Jul-16 20-Jul-16 22-Jul-16 31-Aug-16 12-Aug-16 1-Sep-16 30-Aug-16 16-Aug-16 15-Aug-16 18-Jul-16 6-Jul-16 1-Jul-16 8-Sep-16 21-Sep-16 21-Sep-16 16-Sep-16 5-Aug-16 25-Jul-16 6-Sep-16 8-Sep-16 18-Aug-16 31-Aug-16 15-Jul-16 24-Aug-16 11-Aug-16 1-Sep-16 23-Sep-16 1-Aug-16 11-Aug-16 16-Sep-16 23-Sep-16 5-Jul-16 11-Jul-16 24-Aug-16 21-Jul-16 16-Aug-16 2-Sep-16 29-Jul-16 23-Aug-16 8-Sep-16 31-Aug-16

Sale price $2,001,000 $1,600,000 $1,390,000 $1,353,000 $1,177,000 $1,080,000 $1,070,000 $1,030,000 $998,000 $998,000 $998,000 $993,800 $991,800 $987,703 $985,000 $980,000 $980,000 $980,000 $980,000 $980,000 $970,000 $968,000 $968,000 $960,000 $960,000 $960,000 $960,000 $960,000 $955,000 $955,000 $950,000 $950,000 $940,000 $930,000 $930,000 $925,000 $922,000 $915,000 $903,000 $902,000 $900,000 $890,000 $888,000 $880,000 $880,000 $880,000 $880,000 $870,000 $868,000 $865,000

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

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Sqft 628 2,325 1,449 2,360 2,770 1,714 1,950 1,456 2,175 1,950 1,768 1,875 2,052 1,283 1,259 2,342 2,173 1,999 2,088 1,767 2,243 1,452 1,342 1,520 1,797 3,555 1,716 1,394 1,700 1,950 1,632 2,216 1,988 1,008 1,768 2,472 2,090 1,500 1,273 1,870 1,214 1,720 1,704 1,584 1,548 2,025 1,224 1,794 1,460 1,040

Address 4235 Main Street #12K 17301 Effington Ave 13636 59 Ave 2536 148 St 14826 58 Ave 4711 187 St 4337 Auburndale Ln 4225 157 St 4541 Smart St 15039 60 Ave 14941 Cherry Ave 15316 Booth Memorial Ave 4836 194 St 5015 192 St 15730 25 Ave 4807 190 St 13835 Elder Avenue #12H 14004 Oak Ave 3316 167 St 15462 26 Ave 13338 Sanford Avenue #17B 4509 166 St 4017 196 St 18917 45 Ave 5028 190 St 15057 58 Rd 15437 58 Rd 4728 Bowne St 3361 170 St 4025 Utopia Pkwy 4714 Fresh Meadow Ln 3341 155 St 2948 166 St 5712 Lawrence St 4514 172 St 5935 Parsons Blvd 5920 157 St 4824 194 St 3229 Murray Ln 13625 Maple Avenue #12F 2844 Utopia Pkwy 5912 162 St 17011 33 Ave 4342 196 St 3239 165 St 4409 Utopia Pkwy 15404 58 Ave 17011 29 Ave 4809 164 St 14634 Georgia Rd

BBL 4-05135-1205 4-05585-0001 4-06379-0018 4-04800-0044 4-06422-0054 4-05605-0025 4-05510-0083 4-05388-0021 4-05204-0043 4-06433-0032 4-05407-0057 4-06437-0046 4-05628-0043 4-05646-0046 4-04865-0019 4-05626-0074 4-05137-1335 4-05223-0045 4-05251-0051 4-04849-0035 4-05121-1175 4-05445-0036 4-05361-0037 4-05515-0038 4-05644-0026 4-06431-0025 4-06720-0001 4-05218-0015 4-05255-0012 4-05353-0037 4-05579-0018 4-05240-0022 4-04910-0029 4-06351-0036 4-05525-0049 4-06736-0018 4-06734-0048 4-05628-0037 4-04829-0006 4-05134-1266 4-05965-0043 4-06739-0046 4-04935-0026 4-05519-0027 4-04913-0031 4-05512-0004 4-06720-0026 4-04931-0024 4-05563-0005 4-05206-0017

Sale date 14-Jul-16 18-Aug-16 9-Aug-16 26-Jul-16 25-Jul-16 30-Aug-16 7-Jul-16 16-Aug-16 9-Sep-16 25-Jul-16 13-Jul-16 30-Aug-16 11-Aug-16 12-Sep-16 19-Aug-16 25-Jul-16 12-Sep-16 16-Sep-16 6-Sep-16 24-Aug-16 12-Sep-16 28-Sep-16 29-Aug-16 22-Sep-16 29-Aug-16 28-Sep-16 30-Sep-16 31-Aug-16 19-Aug-16 26-Aug-16 10-Aug-16 5-Aug-16 31-Aug-16 6-Sep-16 28-Jul-16 29-Sep-16 27-Jul-16 29-Aug-16 7-Sep-16 29-Aug-16 5-Aug-16 29-Sep-16 14-Sep-16 6-Jul-16 8-Jul-16 31-Aug-16 2-Sep-16 11-Aug-16 22-Aug-16 8-Jul-16

Sale price $865,000 $865,000 $865,000 $862,000 $860,000 $858,888 $850,000 $850,000 $850,000 $847,000 $845,000 $840,000 $840,000 $835,000 $830,500 $828,000 $825,000 $820,000 $815,000 $803,500 $800,000 $800,000 $800,000 $800,000 $795,000 $795,000 $795,000 $793,000 $790,000 $780,000 $780,000 $780,000 $780,000 $778,000 $770,000 $770,000 $770,000 $770,000 $770,000 $768,000 $767,500 $765,000 $759,000 $750,000 $749,000 $748,880 $738,000 $730,000 $730,000 $730,000

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

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Sqft 736 1,645 1,320 1,950 1,440 1,640 2,720 2,100 1,092 1,732 1,872 1,998 1,824 1,010 1,196 895 1,095 1,190 1,584 1,105 1,040 1,364 1,200 1,550 1,450 1,224 1,056 1,610 1,548 1,005 1,930 2,042 1,355 1,056 1,444 1,296 1,624 1,130 1,759 1,090 1,504 1,160 1,568 2,076 1,833 1,392 1,050 1,600 1,430 1,420