26 MAY 28, 2020 RIDGEWOOD TIMES WWW.QNS.COM
REAL ESTATE
Astoria experiences massive spike in sublet listings: Report
BY JACOB KAYE
JKAYE@SCHNEPSMEDIA.COM
@QNS
Astoria experienced an
unprecedented spike
in average daily sublet
listings in May, evidencing a
mass exodus of renters from
the western Queens neighborhood,
according to a new
report.
The average daily sublet listings
increased by 267 percent
in Astoria, according to apartment
listing site RentHop, the
second highest increase in the
city.
But across all five boroughs,
the story is the same. Overall,
the first two weeks of May saw
more than 150 percent more
average daily sublet listings
when compared to listings for
the first two weeks of April
2020, according to the report.
The increase is the most
dramatic spike the apartment
listing site has ever recorded.
According to the report, the
spike has nothing to do with
seasonality. In May 2019, Rent-
Hop saw a 1 percent decline
in the number of daily sublet
listings when compared to the
month prior.
Most of the biggest spikes
came in Manhattan and Brooklyn
neighborhoods.
The Theater District experienced
a 267 percent increase
in average daily listings and
Yorkville experienced a 255
percent increase, according
to the report. In Brooklyn,
Williamsburg and Greenpoint
saw massive spikes.
According to RentHop, the
first two weeks of the month
were used as a measurement
because during any
given month those weeks are
when most people list their
apartments.
Ridgewood Times Sales Guide
Photo via Google Maps
RIDGEWOOD GLENDALE MASPETH MIDDLE VILLAGE
Woodward Avenue
Listings selected at random. Courtesy MLS
Under $600,000
6248 60th Pl. #1B
$439,000
Single family, condo
1 bedroom, 1 full bathroom
Diane Hanczyk,Campione Realty
$600,000-$1,000,000
16-70 Norman St. #3F
$709,000
Single family, condo
2 bedrooms, 1 full bathroom
Talaat Elkaray, Keller Williams
Landmark II
Over $1,000,000
681 Woodward Ave.
$2,700,000
Multi-family
9 bedrooms, 7 full bathrooms
Marek Sobolewski, Trademarko
Realty Inc
77th Road 59th Avenue 84th Street
Under $600,000
61-06 Cooper Ave.
$499,000
Single family
3 bedrooms, 1 full bathroom
Neal Modi, RE/MAX Frontier
$600,000-$1,000,000
78-37 64th St.
$608,000
Single family
3 bedrooms, 1 full and 1 half
bathrooms
Ioana Karanikolas, Winzone Realty
Inc
Over $1,000,000
79-78 77th Road
$1,800,000
Townhouse, multi-family
8 bedrooms, 4 full bathrooms
Eliezer Cordero, Canterbury Real
Estate Inc
Under $600,000
64-55 59th Ave.
$449,999
Single family, ranch
2 bedrooms, 1 full bathroom
Michael Miguel, EXP Realty
$600,000-$1,000,000
54-18 69th Lane
$995,000
Single family
3 bedroom, 1 full bathroom
Loukia Christodoulakis, Coach
Real Estate Assoc Inc
Over $1,000,000
61-27 56th Ave.
$1,499,000
Multi-family
6 bedrooms, 3 full bathrooms
Louis Campione, Campione
Realty
Under $600,000
66-83 70th St. #2C
$525,000
Single family, condo
2 bedrooms, 2 full bathrooms
Bartosz Olszewski, Sold By Bart R
E Partners Inc
$600,000-$1,000,000
6519 79th St.
$849,000
Multi-family
6 bedrooms, 3 full bathrooms
Matthew Spezzano, Selective
Properties Rl Est
Over $1,000,000
64-93 84th St.
$1,249,000
Single family
3 bedrooms, 2 full and 1 half
bathrooms
Lisa Joa, Keller Williams Rty Gold
Coast
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