sunnyside


Sunnyside, Queens. SUMMARY. $3.2M. 3. $244K. $331. NEIGHBORHOOD BOUNDARIES. P: 718-715-1758 www.PropertyShark.com [email protected]

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SUNNYSIDE A quarterly analysis of multifamily sales in Sunnyside, Queens 2nd Quarter 2016

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

Multifamily Market Report, 2nd Quarter 2016

Multifamily Market Report, 2nd Quarter 2016 Sunnyside, Queens

SUMMARY SALES VOLUME

NO. OF TRANSACTIONS

AVERAGE PRICE/UNIT

AVERAGE PRICE/SQ.FT.

$3.2M

3

$244K

$331

-91% YoY

-57% YoY

-13% YoY

-3% YoY

NEIGHBORHOOD BOUNDARIES

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

MULTIFAMILY STATS Sales Volume $120.0M $100.0M $80.0M $60.0M $40.0M $20.0M $

$97M

$9M

$5M

$3M

$8M

$25M

$8M

$21M

$36M $10M

$11M

$12M

$3M

$2M

$25M

$24M $3M

Average Sale Price per Unit $300K $250K $200K $150K $100K $50K $

$280K

150

Number of Units Sold Quarter Q1 Q2 Q3 Q4

2014 120 48 49 12

2015 12 127 46 115

2016 84 13

84

100 50

13

0 Q1

Q2

Q3

2014

Number of Buildings Sold Quarter Q1 Q2 Q3 Q4

2014 6 4 9 2

2015 3 7 8 6

2016 5 3

10 8 6 4 2 0

2015

2014 6 4 9 2

2015 3 7 8 6

2016 5 3

2016

3

Q1

Number of Transactions

Q4

5

Q2

Q3

2014

Quarter Q1 Q2 Q3 Q4

$244K

10 8 6 4 2 0

2015

Q4

2016

5 3

Q1

Q2 2014

Q3 2015

2016

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

Q4

Total Sq. Ft. 400K 350K 300K 250K 200K 150K 100K 50K

365K

47K

30K

13K

41K

104K

97K

95K

34K

31K

43K

9,000

9,763

38K

85K

64K

9,596

Average Sale Price per Square Foot $400 $350 $300 $250 $200 $150 $100 $50 $

$342

$331

MULTIFAMILY SIZE

Size of Multifamily Properties Sold Multifamily size Small Medium Large

Avg. price/unit $244,231 -

Y-o-Y -12% -

Avg. price/sqft $331 -

Y-o-Y 3% -

Sales volume $3,175,000 $0 $0

Sales 3 0 0

Buildings 3 0 0

Small (up to 10 units), Medium (between 10 and 50 units), Large (more than 50 units)

Small Medium Large

100%

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

Units 13 0 0

LIST OF TRANSACTIONS Address 4519 40 St 4112 40 St 5119 34 St

Sale date 4-May-16 16-Jun-16 15-Apr-16

Sale price $1,250,000 $1,055,000 $870,000

Property type Small multifamily Small multifamily Small multifamily

Units 6 4 3

Sqft 3,684 3,200 2,712

Price/sqft $339 $330 $321

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

Pkg. deal No No No