REAL ESTATE
Six Queens neighborhoods among best home seller’s markets in city: report
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Sales in Queens HOMES COOPS CONDOS Listings and photos courtesy MLSLI
NORTHEAST NORTHWEST SOUTHEAST SOUTHWEST
FLUSHING WOODSIDE JAMAICA HOWARD BEACH
Under $500,000
47-19 216th St., Bayside
$245,000
Co-op
1 bedroom, 1 bathroom
Kim Ann Kosiba
Signature Premier Properties
$500,000-$900,000
41-33 Parsons Blvd., Flushing
$690,000
Condo
2 bedrooms, 2 bathrooms
Suping Wang
Voro LLC
Over $900,000
23-06 College Point Blvd., College Point
$1,580,000
Multi-Family
4 bedrooms, 2 bathrooms
Gina Back
Re/MAX Universal Real Estate
Under $500,000
47-35 41st St., Sunnyside
$449,999
Condo
1 bedroom, 1 bathroom
Eun Kwack
Promise Realty LLC
$500,000-$900,000
35-56 77th St., Jackson Heights
$815,000
Co-op
2 bedrooms, 2 bathrooms
Daniel Karatzas
Beaudoin Realty group Inc.
Over $900,000
68-07 31st Ave., Woodside
$998,000
Single Family
3 bedrooms, 3 bathrooms
Tsepak Gurung
RE/MAX Team
Under $500,000
110-39 196th St., Jamaica
$449,000
Single Family
3 bedrooms, 1 bathroom
Shimon Matsui
Great Success Realty Inc.
$500,000-$900,000
248-15 82nd Ave., Bellerose
$649,000
Single Family
4 bedrooms, 2 bathrooms
Josh Evans
Village Properties of Mineola
Over $900,000
88-19 Ransom St., Queens Village
$1,149,000
Multi-Family
7 bedrooms, 6 bathrooms
Palackal Babu
Cross island Realty One Inc.
Under $500,000
63-109 Saunders St., Rego Park
$394,880
Co-op
1 bedroom, 1 bathroom
Wojciech Lewsza
Wojciech R. Lewsza, Realtor
$500,000-$900,000
112-01 Queens Blvd., Forest Hills
$698,000
Condo
1 bedroom, 1 bathroom
Jae Jun Han
Metro Real Estate Inc.
Over $900,000
149-29 84th St., Howard Beach
$1,100,000
Multi-Family
7 bedrooms, 6 bathrooms
Rossmery Mosquera
Winzone Realty Inc.
BY SUZANNE MONTEVERDI
smonteverdi@qns.com / @smont76
Six of the 10 most seller-friendly residential
markets throughout the city for
2018 are located in Queens, according to
a new real estate report.
Flushing was fl agged as the No. 1 seller’s
market for 2018 in StreetEasy’s Trends &
Data report, published on March 8. In
this neighborhood, residential properties
spent an average of 52 days on the market
in 2017. Approximately 11.4 percent
of properties saw price cuts while on the
market.
Coming in at No. 2 was Woodhaven,
where 6.9 percent of properties on the
market saw price cuts. Properties in this
neighborhood spent an average of 56 days
on the market and there was a 100 percent
sale-price-to-list-price ratio, indicating
buyers are buying at initial asking price.
No. 3 on the list was another Queens
neighborhood: Kew Gardens Hills.
Approximately 20 percent of listings in
this neighborhood saw price cuts while
on the market and properties spent an
average of 61 days on the market.
Th e following Queens neighborhoods
also placed on the top 10 list:
No. 6: Glendale
No. 7: South Jamaica
No. 10: Briarwood
Seller’s markets are those with “a lower
index value, where homes are less likely to
see a price cut, sell more quickly and have
sale-price-to-list-price ratios closer to or
exceeding 100,” according to StreetEasy
methodology.
When it comes to the best New York
City markets for buyers, however, only
one Queens neighborhood made the list.
Long Island City, one of the “well-established,
higher-priced neighborhoods”
that made the top 10 rundown, tends to
favor buyers, according to StreetEasy.
Coming in at No. 9, the western Queens
neighborhood was the least expensive
neighborhood on the list, which featured
neighborhoods including Manhattan’s
Midtown and Brooklyn’s DUMBO.
Buyer’s markets are identifi ed by
StreetEasy as those “with a higher index
value, driven by more price cuts, homes
staying on the market longer and lower
sale-price-to-list-price ratios.”
Read the full report at www.streeteasy.
com.
Queens homes
link
/www.streeteasy