20170511_XQC_QNE_p063

QC05112017

REAL ESTATE LIC is most expensive spot in NYC to rent a room: report Photo via Shutterstock Sales in Queens HOMES  COOPS  CONDOS Listings and photos courtesy MLSLI NORTHEAST NORTHWEST SOUTHEAST SOUTHWEST WHITESTONE ASTORIA JAMAICA OZONE PARK Under $500,000 245-60 62nd Ave., Douglaston $339,000 Co-op 2 bedrooms, 1 bathroom Stephanie Belanich Keller Williams Realty Landmark $500,000-900,000 34-33 Clearview Expwy., Bayside $648,000 1-family Colonial 3 bedrooms, 1 bathroom Elyse Saltsberg Douglas Elliman Real Estate Over $900,000 129-10 9th Ave., College Point $1,088,888 2-family contemporary 6 bedrooms, 3 full-baths, 3 half-baths Toni Vatier East Coast Realtors Under $500,000 39-50 52nd St., Woodside $445,000 Co-op 2 bedrooms, 1 bathroom Martin Charles Rapid Realty Forest Hills $500,000-900,000 34-41 78th St., Jackson Heights $672,000 Co-op 2 bedrooms, 2 bathrooms Shadaby Azam Brett S. Rovner, Realtor Over $900,000 22-70 24th St., Astoria $1,250,000 2-family home 3 bedrooms, 2 ½ bathrooms Bianca Colasuonno NY Space Finders Inc Under $500,000 213-40 112th Ave., Queens Village $445,000 1-family Colonial 3 bedrooms, 1 ½ bathrooms Nina Ellison Weichert Realtors Quality Homes $500,000-900,000 159-04 84th Road, Jamaica Hills $669,000 1-family Colonial 3 bedrooms, 2 ½ bathrooms Jean Torralba New Vision Group Realty Over $900,000 242-20 Braddock Ave., Bellerose $1,019,000 3-family Colonial 5 bedrooms, 3 bathrooms Agustina DeLaCruz Laff ey Fine Homes Under $500,000 113-14 72nd Road, Forest Hills $389,000 Co-op 2 bedrooms, 1 bathroom Steven Katz Benjamin Realty $500,000-900,000 101-21 95th Ave., Ozone Park $824,999 2-family home 4 bedrooms, 2 bathrooms Jo Ann Seeno Exit Realty United Over $900,000 65-21 Perry Ave., Maspeth $1,388,000 2-family contemporary 5 bedrooms, 5 bathrooms Vincent O Connell RE/MAX Team BY ANGELA MATUA AMATUA@QNS.COM / @ANGELAMATUA A new report found that Long Island City became the most expensive neighborhood in 2017, beating out 19 other neighborhoods in Manhattan and Brooklyn. SpareRoom, a roommate fi nding service, used data from more than 8,500 ads to compare room rent from the fi rst quarter of 2016 to the fi rst quarter in 2017. The data refl ects individual bedrooms being rented out in two-bedroom apartments or bigger properties and houses. In Long Island City, the average rent for one room increased 34 percent since last year and the average cost of renting only one room in the neighborhood was $2,500 in the fi rst quarter of 2017. That number is especially high considering the report also found that the average rent from yearto year in Queens only rose 1 percent, or $10 more a month. “SpareRoom’s latest rental index continues to show that room rents have stagnated across New York. But digging deeper, it seems that Manhattan is really bearing the brunt of this, with rents decreasing across the majority of the borough,” said SpareRoom Director Matt Hutchinson. “As people look beyond Manhattan, Brooklyn continues to grow in popularity. But it’s surprising to see Manhattan lose the top spot as New York City’s most expensive area to Long Island City, whose rise over the last year has been dramatic.” Only three months ago, during the fourth quarter of 2016, Long Island City ranked 11th out of the 20 most expensive neighborhoods in New York. The average room rent in the neighborhood was $1,804. Last quarter’s list also ranked the area including Auburndale, Flushing, Bowne Park, East Flushing and Murray Hill as fifth on the list with average rent for one bedroom costing $1,883. That area in Queens was not included in the most recent ranking. Hutchinson added that a slow down in rents can be a good thing for New Yorkers but “it masks a bigger problem that’s unfolding in aff ordability.”


QC05112017
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