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DOWNTOWN FLUSHING A quarterly analysis of residential sales in Downtown Flushing, Queens 4th Quarter 2016
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Residential Market Report, 4th Quarter 2016
Residential Market Report, 4th Quarter 2016 Downtown Flushing, Queens
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
QUEENS MEDIAN SALE PRICE
$400K
113
$677
$430K
32% YoY
-20% YoY
7% YoY
18% YoY
NEIGHBORHOOD BOUNDARIES
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RESIDENTIAL STATS Median Sale Price by Quarter $450K $400K $350K $300K $250K $200K $150K $100K $50K $
$400K
Median Sale Price by Year $400K
$350K
$305K
$300K $250K
$200K $150K $100K $50K
$
Number of Transactions Quarter Q1 Q2 Q3 Q4
2011 134 151 118 115
2012 100 141 118 113
2013 116 122 216 161
2014 164 132 184 195
2015 114 136 146 142
2016 118 102 107 113
250
200 150
118
113
107
102
100 50
0 Q1
Q2 2014
Q3 2015
Q4
2016
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Median Sale Price per Square Foot $800 $700 $600 $500 $400 $300 $200 $100 $
$677
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $498,000 Coops $257,000 Houses $840,000
Y-o-Y -4% 9% -10%
Median sale price/sqft $684 $225 $717
Y-o-Y 5% 2% 49%
Transactions 45 57 9
Number of Sales by Building Type 8%
41%
Condos Coops Houses
51%
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TOP 100 TRANSACTIONS Address 4332-4334 Burling St 13761 Laburnum Ave 4540 Parsons Blvd 4527 Bowne St 3720 Prince Street #PHB 3720 Prince Street #PHD 15212 Peck Ave 4220 Kissena Boulevard #C6 13712 Kalmia Ave 15202 Peck Ave 4235 Main Street #7B 3625 Union Street #3E 13742 Juniper Ave 3641 Union Street #3B 4317 Union Street #3A 14021 32 Avenue #5JN 13212 Pople Avenue #5R 13835 Elder Avenue #8A 3138 137 Street #7A 4140 Union Street #8R 4142 College Point Blvd #7B 13249 A 41 Ave 13236 Pople Avenue #1H 3118 Union Street #2B 14205 Roosevelt Ave #732 13616 31 Road #5B 14018 33 Avenue #102 4322 Union Street #2C 4140 Union Street #8H 13203 Sanford Avenue #6B 13338 Avery Avenue #4RA 13229 Blossom Avenue #3A 13711 32 Avenue #8W 13708 31 Road #6E 13352 41 Road #PHC 4310 Kissena Blvd #16D 4220 Kissena Boulevard #E1 14205 Roosevelt Ave #435 4140 Union Street #5M 13810 Franklin Ave #16K 13338 Avery Avenue #1RA 3545 Leavitt Street #4D 13307 41 Avenue #3A 13417 Dahlia Avenue #172A 13705 Franklin Ave #6D 13338 Avery Avenue #1FA 13215 41 Avenue #4E 13236 Pople Avenue #4D 13218 Avery Avenue #1C 4310 Kissena Blvd #3K
BBL 4-05196-0066 4-05150-0035 4-05206-0028 4-05203-0049 4-04972-1097 4-04972-1099 4-05178-0151 4-05134-1039 4-05150-0108 4-05178-0046 4-05135-1155 4-05010-7067 4-05149-0021 4-05010-3002 4-05193-1114 4-04414-1441 4-05104-1110 4-05137-1284 4-04409-1314 4-05045-1149 4-05063-1028 4-05037-0091 4-05104-1012 4-04414-1204 4-05020-0001 4-04409-1011 4-04955-1042 4-05192-1107 4-05045-1141 4-05040-1035 4-05105-1115 4-05105-1424 4-04410-1035 4-04410-1232 4-05042-1109 4-05137-0067 4-05134-1077 4-05020-0001 4-05045-1079 4-05137-0055 4-05105-1103 4-04956-1036 4-05037-1106 4-05125-1006 4-05135-0057 4-05105-1101 4-05037-1419 4-05104-1032 4-05105-1006 4-05137-0067
Sale date 13-Oct-16 16-Dec-16 22-Nov-16 7-Oct-16 21-Oct-16 2-Nov-16 4-Oct-16 18-Nov-16 7-Oct-16 28-Oct-16 14-Dec-16 21-Oct-16 21-Nov-16 18-Nov-16 28-Oct-16 11-Oct-16 21-Oct-16 1-Dec-16 19-Dec-16 19-Dec-16 18-Oct-16 23-Dec-16 14-Nov-16 7-Nov-16 28-Oct-16 21-Oct-16 4-Nov-16 2-Dec-16 3-Nov-16 25-Oct-16 12-Oct-16 30-Dec-16 23-Nov-16 26-Oct-16 6-Dec-16 29-Dec-16 22-Dec-16 28-Oct-16 28-Nov-16 5-Oct-16 14-Oct-16 22-Dec-16 13-Dec-16 17-Oct-16 23-Nov-16 8-Nov-16 22-Oct-16 20-Dec-16 4-Oct-16 21-Oct-16
Sale price $1,300,000 $1,230,000 $1,100,000 $1,100,000 $1,050,000 $910,000 $840,000 $830,000 $829,000 $800,000 $750,000 $735,000 $695,000 $672,000 $665,000 $628,000 $628,000 $625,000 $620,000 $618,000 $610,950 $608,000 $600,000 $598,000 $575,561 $559,000 $550,000 $538,000 $525,000 $520,000 $499,990 $498,000 $498,000 $490,000 $490,000 $488,000 $478,325 $475,000 $470,000 $470,000 $470,000 $465,000 $450,000 $450,000 $450,000 $448,000 $446,235 $440,000 $438,000 $435,000
Property type House House House House Condo Condo House Condo House House Condo Condo House Condo Condo Condo Condo Condo Condo Condo Condo House Condo Condo Coop Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Coop Condo Coop Condo Coop Condo Condo Condo Condo Coop Condo Condo Condo Condo Coop
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Sqft 1,734 1,264 1,545 1,485 1,371 940 1,429 1,917 1,156 1,726 849 836 1,628 968 1,280 891 917 916 967 954 870 663 866 758 667 789 600 712 810 866 783 993 1,188 620 1,062 636 1,583 618 520 886 838 844 62 567
Address 3506 Leavitt Street #6F 14024 31 Drive #2B 4125 Kissena Boulevard #4G 13353 37 Avenue #5D 13218 41 Avenue #3B 4265 Kissena Blvd #115 13307 41 Avenue #4B 3131 138 St #5K 13705 Franklin Ave #5B 13810 Franklin Ave #4M 4265 Kissena Blvd #523 13333-13335 Sanford Ave #6D 13605 Sanford Avenue #3K 4242 Colden St #B10 4310 Kissena Blvd #10J 4465-4473 Kissena Blvd #6E 13630 Sanford Ave #3A 13430-13434 Franklin Ave #5C 14065 Beech Ave #7M 13910-13916 28 Rd #5E 14035 Beech Ave #7B 13605 Sanford Avenue #6A 4334-4340 Union St #5B 3150 140 St #1F 13870 Elder Ave #6A 2610 Union St #4E 4245 Kissena Blvd #2L 3131 138 St #1A 13870 Elder Ave #7F 4322 Union Street #6D 4134 Frame Pl #6E 13229 Blossom Avenue #7A 4245 Kissena Blvd #1C 4242 Colden St #E27 2610 Union St #5G 2610 Union St #2D 2610 Union St #1B 13910-13916 28 Rd #5C 13639 41 Ave #3D 4242 Union Street #L1 2908-2914 139 St #5G 14035 Beech Ave #6G 2610 Union St #4C 13630 Sanford Ave #4F 13777 Kissena Blvd #4H 3131 138 St #2J 13910-13916 28 Rd #3A 3131 138 St #4L 3165 138 St #6L 2908-2914 139 St #6F
BBL 4-04960-1154 4-04414-1108 4-05044-1496 4-04970-1008 4-05039-2104 4-05180-0001 4-05037-1109 4-04374-0049 4-05135-0057 4-05137-0055 4-05180-0001 4-05042-0057 4-05043-1002 4-05136-0037 4-05137-0067 4-05192-0001 4-05134-0024 4-05123-0051 4-05185-0054 4-04343-0010 4-05185-0077 4-05043-1002 4-05192-0055 4-04374-0035 4-05145-0055 4-04285-0010 4-05180-0015 4-04374-0049 4-05145-0055 4-05192-1124 4-05040-0032 4-05105-1460 4-05180-0015 4-05136-0037 4-04285-0010 4-04285-0010 4-04285-0010 4-04343-0010 4-05019-0101 4-05180-1042 4-04342-0010 4-05185-0077 4-04285-0010 4-05134-0024 4-05145-0068 4-04374-0049 4-04343-0010 4-04374-0049 4-04411-0001 4-04342-0010
Sale date 27-Oct-16 11-Oct-16 2-Dec-16 23-Nov-16 23-Nov-16 29-Dec-16 9-Dec-16 28-Dec-16 17-Nov-16 20-Dec-16 16-Dec-16 18-Nov-16 1-Nov-16 15-Dec-16 16-Nov-16 16-Dec-16 15-Dec-16 10-Oct-16 31-Oct-16 14-Dec-16 21-Nov-16 11-Oct-16 20-Dec-16 22-Nov-16 19-Oct-16 19-Dec-16 9-Nov-16 28-Nov-16 21-Nov-16 6-Dec-16 1-Dec-16 5-Oct-16 10-Nov-16 31-Oct-16 12-Dec-16 23-Nov-16 8-Dec-16 8-Nov-16 21-Nov-16 4-Nov-16 18-Nov-16 29-Dec-16 22-Dec-16 2-Dec-16 12-Oct-16 16-Nov-16 23-Dec-16 3-Nov-16 20-Oct-16 7-Nov-16
Sale price $415,740 $410,000 $410,000 $400,000 $395,460 $380,000 $378,000 $378,000 $368,000 $365,000 $333,000 $330,000 $330,000 $326,434 $325,000 $322,000 $288,000 $278,000 $275,000 $270,000 $270,000 $270,000 $266,000 $260,000 $260,000 $260,000 $257,000 $257,000 $251,800 $250,000 $245,000 $243,900 $242,000 $240,000 $240,000 $235,000 $234,000 $232,000 $230,000 $230,000 $228,000 $226,083 $220,000 $206,000 $200,000 $190,000 $180,000 $172,000 $169,000 $168,000
Property type Condo Condo Condo Condo Condo Coop Condo Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop Condo Coop Condo Coop Coop Coop Coop Coop Coop Coop Condo Coop Coop Coop Coop Coop Coop Coop Coop Coop Coop
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Sqft 932 627 616 591 636 1,100 520
600 499
850
335
750 750
