36 TIMES • SEPTEMBER 15, 2016 FOR BREAKING NEWS VISIT www.qns.com real estate Rent in northwest Queens is now more expensive than Brooklyn, report says Listings selected at random. Courtesy MLSLI Ridgewood Times Sales Guide RIDGEWOOD GLENDALE MASPETH DeKalb Ave, 65th St. 58th Ave. Under $500,000 61-20 71st Ave. $485,000 Condo 2 bedrooms, 2 bathrooms Sonia Juran Kulesza Century 21 Amiable Realty Group II $500,000-900,000 1749 DeKalb Ave. $850,000 2-family home 4 bedrooms, 2 bathrooms Melissa Buganza Exit Kingdom Realty Over $900,000 1717 Harman St. $1,899,000 6-family home 18 bedrooms, 6 bathrooms Talaat Elkaray Keller Williams Landmark II Under $500,000 52-60 65th Pl. $265,000 Co-op 2 bedrooms, 1 bathroom Marie Desena Home Hunters Real Estate $500,000-900,000 59-13 57th Rd. $625,000 1-family home 3 bedrooms, 2 bathrooms Elise Pellegrino Koenig O’Kane Realty Over $900,000 71-26 58th Ave. $919,999 1-family home 4 bedrooms, 2 ½ bathrooms Jose Santa Progressive Realty Grp USA Inc. MIDDLE VILLAGE 79th St. Under $500,000 76-18 69th St. $449,000 Condo 2 bedrooms, 2 full baths, 2 half-baths Jeanne Longueira Keller Williams Realty Greater $500,000-900,000 74-58 65th St. $799,000 2-family home 3 bedrooms, 3 bathrooms Sylwia Anna Juras Crifasi Real Estate Over $900,000 72-07 73rd St. $998,800 2-family home 5 bedrooms, 4 bathrooms Nora Avalos NY Superior Realty Under $500,000 66-83 70th St. $379,000 Condo 1 bedroom, 1 bathroom Bartosz Olszewski Keller Williams Landmark II $500,000-900,000 66-66 79th St. $798,000 1-family home 3 bedrooms, 2 bathrooms Lydia Bueso Roman Keller Williams Realty Liberty Over $900,000 60-20 74th St. $1,129,000 1-family home 3 bedrooms, 2 ½ bathrooms Viorel Ardelian Campione Realty BY ANGELA MATUA [email protected] @AngelaMatua With the wave of new developments rising in northwest Queens, it’s not surprising that rent has become more expensive there than the notoriously pricey Brooklyn. According to a report released by real estate fi rm Douglas Elliman and appraisal fi rm Miller Samuel, the average rents for one-, two- and three-bedroom apartments have all risen since last year. Only studios in northwest Queens slightly decreased in price. You can now expect to pay an average of $2,781 for a one-bedroom in Long Island City, Astoria, Sunnyside and Woodside. During the same time last year, an average one-bedroom apartment cost $2,770. Two-bedroom apartments will now set you back an average of $3,706 compared to $3,620 last year. The average price for a threebedroom apartment rose 17.9 percent to $5,069. Studio apartments saw a 4.2 percent decrease in average price with $2,430. In comparison, a studio in Brooklyn will cost an average of $2,350. One-, two- or three-bedroom apartments cost an average of $2,765, $3,490 and $4,665, respectively. According to the report, the infl ux of new development rentals in northwest Queens skewed prices higher. The inventory of rentals jumped 57 percent from 298 in August 2015 to 468 in August 2016. The median price for rentals in northwest Queens is now equal to Brooklyn median rent, the report found. A number of new developments will rise in Long Island City in the next year including a tower on 36th Street and two residential buildings where the former 5Pointz graffi ti mecca used to stand. Construction doesn’t seem to be subsiding in these neighborhoods and the entire borough has seen an increase in home sales prices this year. The notion that Queens is one of the more affordable boroughs in the city is slowly vanishing, especially after it was named the best travel destination by Lonely Planet in 2015. Photo courtesy of Flickr Creative Commons/Kat
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