28 FEBRUARY 4, 2021 RIDGEWOOD TIMES WWW.QNS.COM
REAL ESTATE
Northwest Queens condo market sees bump in last quarter of 2020
BY JACOB KAYE
JKAYE@SCHNEPSMEDIA.COM
@QNS
The condo market in northwest Queens, which
was hit hard as a result of the ongoing pandemic,
made a comeback during the last quarter of
2020, a new report shows.
Long Island City, home to the most expensive real
estate market in Queens, saw a boost in its condo market
during the fourth quarter of last year, according
to a report by real estate fi rm Modern Spaces.
The number of closed units in the neighborhood
were up around 20 percent in the last couple months
of the 2020, the report said. Additionally, the sales
volume of units in Long Island City returned to prepandemic
levels in the fourth quarter, according to
Modern Spaces.
Neighboring Astoria’s condo market also saw
a large increase in the pricing. The average price
per foot of condo units rose 42 percent in the
fourth quarter, the report said, adding that the
Astoria condo market is one of the hottest in New
York City.
A little further east, the Flushing condo market
also saw an increase in the price of units in the
fourth quarter, rising 13 percent when compared
to the third quarter, according to the report.
Modern Spaces found that the demand for new
developments in Flushing, which is currently
seeing the creating of a waterfront development
project, is at an all-time high and reaching price
levels seen in Astoria and a handful of projects in
Long Island City.
The price per foot of new development units in
contract was $1,249 in Flushing, an increase of 45
percent year over year, according to the report.
Ridgewood Times Sales Guide
RIDGEWOOD GLENDALE MASPETH MIDDLE VILLAGE
Woodhaven Boulevard
Listings selected at random. Courtesy MLS
Under $600,000
71-05 Fresh Pond Road, Unit A3D
$529,000
Condo
1 bedrooms, 1 bathrooms
Kaszuba Jaroslaw, Exit All Seasons
Realty
$600,000-$1,000,000
80-01 Woodhaven Blvd.
$839,000
Single Family
5 bedrooms, 2 full and 1 half
bathrooms
Hai Chen, Winzone Realty Inc
Over $1,000,000
60-23 68th Ave.
$1,295,000
Multi-Family
5 bedrooms, 3 full and 1 half
bathrooms
Sylwia Anna Juras, Sold By Bart R
E Partners Inc
80th Road 52nd Drive 83rd Place
Under $600,000
73-03 Cooper Ave.
$595,000
Single Family
3 bedrooms, 1 bathroom
Michael Flannery, Realty Connect
USA LLC
$600,000-$1,000,000
62-70 80th Road
$725,000
Colonial
3 bedrooms, 1 bathroom
Xun Lin, New Group Realty Inc
Over $1,000,000
70-32 70th St.
$1,100,000
Two-Story
4 bedrooms, 4 bathrooms
Marek Sobolewski, Trademarko
Realty Inc
Under $600,000
62-15 53rd Ave. Unit 4B
$380,000
Co-op
2 bedrooms, 1 bathroom
Beata Fil, Exit All Seasons
Realty
$600,000-$1,000,000
73-14 52nd Drive
$889,999
Colonial
3 bedrooms, 2 bathrooms
Mayra Genao, Brightstone Realty
LLC
Over $1,000,000
53-77 66th St.
$1,288,000
Colonial
4 bedrooms, 3 bathrooms
Nora Avalos, NY Superior
Realty
Under $600,000
66-45 69th St., Unit 2
$410,000
Condo
1 bedroom, 1 bathroom
Sylwia Anna Juras, Sold By Bart R
E Partners Inc
$600,000-$1,000,000
60-25 83rd Place
$875,000
Multi-Family
3 bedrooms, 2 bathrooms
Danielle Konstantin, NY Space
Finders Inc
Over $1,000,000
63-43 84th St.
$1,099,000
Single Family
4 bedrooms, 2 full and 1 half
bathrooms
Louis Pastorini, Coldwell Banker
Phillips
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