REAL ESTATE
Southeast Queens saw big real estate price drop in May
BY EMILY DAVENPORT
edavenport@qns.com
@QNS
A new report takes a look at which neighborhoods in
New York City experienced a decline in real estate listing
prices throughout the month of May.
RealtyHop recently released an interactive map that
tracks the number of price drops throughout the fi ve boroughs.
Sales in QueensHOMES COOPS CONDOS Listings and photos courtesy MLSLI
NORTHEAST NORTHWEST SOUTHEAST SOUTHWEST
LITTLE NECK WOODSIDE JAMAICA ESTATES OZONE PARK
Under $500,000
35-36 Clearview Expy., Bayside
$207,000
Co-op
1 bedroom, 1 bathroom
Moira Clinton, Premium Properties Inc
$500,000-$900,000
3-36 Julius Rd., College Point
$620,000
Condo
2 bedrooms, 3 bathrooms
Berta Kotlyar, Prime Realty
Over $900,000
144-52 Boulevard, Malba
$3,375,000
Contemporary, 6 bedrooms, 7 bathrooms
Leelawatie Sharma, Century 21 Bay
Benjamin
Under $500,000
90-09 Northern Blvd., Jackson Heights
$215,000
Co-op
1 bedroom, 1 bathroom
Doris Tsang, Winzone Realty Inc
$500,000-$900,000
30-35 68th St., Woodside
$898,000
Colonial
3 bedrooms, 3 bathrooms
Jim Pappas, Rock Realty Inc
Over $900,000
25-39 41st St., Astoria
$3,500,000
Victorian
5 bedrooms, 6 bathrooms
Andrew Phillips, A Star Realty Inc
Under $500,000
22102 114th Ave., Jamaica
$150,000
2-Story
2 bedrooms, 1 bathroom
Joseph DeRuscio, DeRuscio Commercial LLC
$500,000-$900,000
109-17 221st St., Queens Village
$515,000
Colonial, 3 bedrooms, 2 bathrooms
Olufemi Adebanjo, Keller Williams Realty
Greater
Over $900,000
184-27 Tudor Rd., Jamaica Estates
$3,988,000
Colonial, 5 bedrooms, 5 bathrooms
Stella Shalamova, Katrin Babadzhanov,
Exit Realty First Choice
Under $500,000
150-19 89th St., Howard Beach
$189,000
Co-op, 1 bedroom,1 bathroom
Joseph Donofrio, Queens Quality
Management
$500,000-$900,000
8415 86th St., Woodhaven
$895,000
Townhouse, 5 bedrooms, 3 bathrooms
Nicholas Oliver, HomeDax Real Estate
LLC
Over $900,000
112-05 69th Ave., Forest Hills
$2,999,999
Colonial, 5 bedrooms, 5 bathrooms
Alla Yakubov, Liana Ellis, NY Empire
Real Estate
According to their fi ndings, Cambria Heights had
the highest median price drop in Queens with a 10.4 percent
decrease, with the price drops averaging at a $52,000
decrease.
Th e second highest median price drop was found in
the Hammels-Arverne-Edgemere area, which experienced
an 8.14 percent decrease, with price drops averaging
$59,000. Th e Briarwood-Jamaica area of Queens
is the third highest in the borough, with a 6.35 percent
decrease and price drops averaging at a $44,500 decrease.
Th e northern half of Springfi eld Gardens came in at
number four, with a 6.21 percent median price decrease,
with price drops averaging at a $45,000 decrease. At
number fi ve, Rosedale had a 5.78 percent median price
decrease, with price drops averaging at a $49,500 decrease.
Visit realtyhop.com to read the full report. Check out
the map below to see the average price drops in neighborhoods
throughout Queens: Screenshot via RealtyHop.com
/RealtyHop.com
/realtyhop.com
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