www.qns.com APRIL 22, 2022 24RIDGEWOOD TIMES
REAL ESTATE
MNS real estate report shows rent is up in Queens
BY JENNA BAGCAL
JBAGCAL@SCHNEPSMEDIA.COM
@JENNA_BAGCAL
MNS Real Estate released its March 2022 report, showing Queens residents what
they already know: rent has gone up.
According to the report, the average rental price for the borough increased
by 0.77%, going from $2,390.87 in February 2022 to $2,409,36 in March 2022. Rental
prices in Queens are up 12.58% overall from the same time last year.
The report also showed that the average rental prices for studio apartments went
up 0.42% from $1,925.94 to $1,934.11. One-bedroom average rental prices increased by
1.36% from $2,306.35 to $2,337.67, and the average rental prices for two-bedroom units
increased by 0.54% from $2,940.34 to $2,956.29.
Out of the eight neighborhoods tracked in the MNS Real Estate Report, four saw
an increase in average rental prices: Astoria (2% increase), Flushing (1.41% increase),
Ridgewood (3.8% increase), and Jamaica (1.57% increase.)
In March 2022, the report found that Long Island City had the most expensive studio,
one-bedroom and two-bedroom rentals by average price. The most affordable studio
apartments were found in Rego Park, and the most affordable one- and two-bedroom
units were in Jackson Heights and Ridgewood, respectively.
But the good news for those looking to rent some real estate is that some prices decreased
in certain Queens neighborhoods. According to the report, although, Long
Island City had the most expensive average rental prices, the cost of studio and twobedroom
apartments decreased by 0.62% and 2.1% respectively.
The rental price for one-bedroom apartments in Rego Park decreased by 4%; rental
prices for studios and one-bedrooms in Jackson Heights decreased by 2.1% and 0.6%;
studio apartments in Astoria decreased rental prices by 0.5%; and Forest Hills rental
prices decreased by 0.2% for studio apartments and 3% for two-bedroom units.
Ridgewood Times Sales Guide
Listings selected at random. Courtesy MLS
RIDGEWOOD GLENDALE MASPETH MIDDLE VILLAGE
Greene Avenue 67th Place 71st Street 75th Street
Under $600,000
21-16 Greene Ave., Unit 2A
$439,000
Condo
1 bedroom, 1 bathroom
Dominick Schook, Campione Realty
$600,000-$1,000,000
21-48 Greene Ave.
$895,000
Townhouse
3 bedrooms, 1.5 bathrooms
Tiffany Wong, Tiffany Moves You Inc
Over $1,000,000
203 Onderdonk Ave.
$1,275,000
Multi-family
4 bedrooms, 2 bathrooms, 2 half
bathrooms
Marek Sobolewski, Trademarko
Realty Inc
Under $600,000
90-50 Union Tpke., Unit 15M
$339,900
Cooperative
3 bedrooms, 1.5 bathrooms
Michal Marek and Bartosz Olszewski
Sold By Bart R E Partners Inc.
$600,000-$1,000,000
71-41 67th Pl.
$945,000
Multi-family
4 bedrooms, 2 bathroom
Jacqueline Nestor, LAFFEY REAL
ESTATE
Over $1,000,000
7846 79th Pl.
$1,189,999
Multi-family
5 bedrooms, 4 bathrooms
Astrid Corrales, Winzone Realty Inc
Under $600,000
66-39 Jay Ave.
$599,000
Single-family
3 bedrooms, 1 bathroom
Kaszuba Jaroslaw, Exit All Seasons
Realty
$600,000-$1,000,000
68-02 60th Rd.
$939,000
Single-family
2 bedrooms, 1.5 bathrooms
Kaszuba Jaroslaw, Exit All Seasons
Realty
Over $1,000,000
52-36 71st St.
$1,298,000
Single-family
5 bedrooms, 2 bathrooms
Joan Sammon, O Kane Realty
Under $600,000
61-88 Dry Harbor Rd., Unit LG
$328,000
Cooperative
1 bedroom, 1 bathroom
Christopher Tscherne, Tscherne Realty
Inc
$600,000-$1,000,000
72-22 66th Dr.
$879,000
Single-family
3 bedrooms, 1.5 bathrooms
John Amore, Prime Realty
Over $1,000,000
68-14 75th St.
$1,299,000
Multi-family
6 bedrooms, 2 bathrooms
Joseph Crifasi, Crifasi Real Estate
Inc
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