WWW.QNS.COM RIDGEWOOD TIMES APRIL 4, 2019 35
REAL ESTATE
Avg. rents in Ridgewood spiked in March: report
BY EMILY DAVENPORT
EDAVENPORT@RIDGEWOODTIMES.COM
@RIDGEWOODTIMES
As the first quarter of 2019
ended, average rental prices
throughout Queens were still
on the rise.
MNS Real Estate recently released
their March 2019 Rental Market
Report, which took a look at the
ongoing trends in rental prices
throughout Queens. The report found
that throughout the month of March,
rental prices rose from $2,212.64
to $2,255.66, marking a 1.94
percent increase compared to
February 2019.
Year-over-year, studio, one- and
two-bedroom units all saw their
average prices increase, by 6.78
percent, 1.99 percent and 2.04
percent, respectively. Average rental
prices for studios rose from $1,804.31
to $1,893.99; one-bedroom
prices increased from $2,142.78
to $2,177.72; and two-bedrooms rose
from $2,690.84 to $2,695.26.
The largest monthly increases for
prices of studio apartments took place
in Ridgewood, where prices rose
from $1,700 to $2,095, marking a 23.3
File photo/RIDGEWOOD TIMES
percent increase in March. Jackson
Heights followed with a 10 percent
price increase for studio rentals,
raising from $1,500 to $1,650.
Flushing saw two of the largest
monthly decreases for rental prices
this past March. Prices for studio
apartments decreased from $1,629 to
$1,558 (-4.4 percent) and two bedrooms
units decreased from $2,539 to $2,377
(-6.4 percent).
For the third month in a row, Long
Island City had the most expensive
studio, one-bedroom and twobedroom
units in March, with
prices averaging $2,513, $3,130 and
$4,063, respectively.
Ridgewood had the least expensive
two-bedroom units with prices
averaging $2,269 in March. Jackson
Heights had the least expensive
one-bedroom units with pricing
averaging $1,794 and Flushing had
the least expensive studios.
Neighborhoods that saw overall
increases in their average rental
prices in March 2019 were Long
Island City, Astoria, Jackson Heights
and Forest Hills, which saw a 2.02
percent, 1.95 percent, 3.56 percent and
5.03 percent increase, respectively.
Read the full report at www.mns.
com/queens_rental_market_report.
Ridgewood Times Sales Guide
Listings selected at random. Courtesy MLS
RIDGEWOOD GLENDALE MASPETH MIDDLE VILLAGE
Greene Avenue 81st Avenue Caldwell Avenue Penelope Avenue
Under $600,000
21-20 Greene Avenue
$528,700
Condo
2 bedrooms, 1.5 bathrooms
Adam Krzesniak
Keller Williams Landmark II
$600,000-$1,000,000
607 Onderdonk Avenue
$725,000
Condo
3 bedrooms, 2 bathrooms
Marco Gomez
Keller Williams Realty Greater
Over $1,000,000
60-34 Putnam Avenue
$1,550,000
Multi-family
18 bedrooms, 6 half & 6 full
bathrooms
Ioana Karanikolas
Winzone Realty Inc
Under $600,000
77-50 79th Street
$545,900
Single-family
2 bedrooms, 2 bathrooms
Alissa Donato-Mondesir
Keller Williams Realty Liberty
$600,000-$1,000,000
78-09 77th Avenue
$899,000
Duplex
3 bedrooms, 2 bathrooms
Gregory Masaitis
Keller Williams Realty Elite
Over $1,000,000
88-21 81st Avenue
$1,199,000
Multi-family
4 bedrooms, 4 bathrooms
Dame Cascone
Century 21 AA Realty
Under $600,000
57-26 57th Drive
$518,000
Single-family
2 bedrooms, 1 bathroom
Jianfeng Yao
Yaos Realty LLC
$600,000-$1,000,000
52-60 66th Street
$949,000
Single-family
3 bedrooms, 3 bathrooms
Vincent O Connell
RE/MAX Team
Over $1,000,000
59-85 Grand Avenue
$1,248,000
Multi-family
4 bedrooms, 3 bathrooms
Ioana Karanikolas
Winzone Realty Inc
Under $600,000
71-27 Caldwell Avenue
$549,000
Condo
2 bedrooms, 2 bathrooms
Michal Marek
Keller Williams Landmark II
$600,000-$1,000,000
6320 83rd Street
$838,000
Multi-family
3 bedrooms, 3 bathrooms
Paul Hua
Exit Realty One
Over $1,000,000
75-12 Penelope Avenue
$1,398,000
Single-family
4 bedrooms, 2.5 bathrooms
Andrew LaSala
Crifasi Real Estate
/WWW.QNS.COM
/www.mns
link
/www.mns
link
