REAL ESTATE
Somes Queens neighborhoods saw rents drop in September
BY EMILY DAVENPORT
edavenport@qns.com / @QNS
Rents across Queens dropped ever so
slightly during September, according to a
recent report that examined last month’s
rental market in the “World’s Borough.”
Th e report, which was released by MNS
Real Estate, breaks down the increases
and decreases in rental prices throughout
the borough.
Th roughout the month of September,
Queens saw an overall 0.48 percent
decrease in average rent prices, dropping
from $2,289.48 to $2,278.41. Th e average
Photo via Creative Commons
Sales in Queens HOMES COOPS CONDOS Listings and photos courtesy MLSLI
NORTHEAST NORTHWEST SOUTHEAST SOUTHWEST
BEECHHURST SUNNYSIDE BELLEROSE KEW GARDENS
Under $500,000
18-50 211 St., Bayside
$249,000
Co-Op
2 bedrooms, 1 bathroom
Monty Choi
International Realty Inc
$500,000-$900,000
41-40 Union St., Flushing
$779,000
Condo
2 bedrooms, 2 bathrooms
Zhaohua Zhang
East Coast Realtors Inc
Over $900,000
157-17 Cross Island, Beechhurst
$1,368,000
Colonial
5 bedrooms, 4 bathrooms
RuoRuo Yang
1 Home Realty
Under $500,000
37-21 80th St., Jackson Heights
$329,000
Co-Op
1 bedroom, 1 bathroom
Uriel Echeverry
Century 21 American Homes
$500,000-$900,000
48-01 42nd St., Sunnyside
$825,000
Co-Op
3 bedrooms, 2 bathrooms
Robert Swiderski
RealTegrity NY LLC
Under $900,000
32-86 41st St., Astoria
$1,100,000
Condo
2 bedrooms, 1 bathroom
Evangelia Kontis
Realty Executives Today
Under $500,000
115-60 198 St., St. Albans
$550,000
Colonial
5 bedrooms, 3 bathrooms
Mary Pride
Century 21 Milestone Realty
$500,000-$900,000
80-22 244th St., Bellerose
$789,000
Cape
4 bedrooms, 2 bathrooms
Aloysius Arukattil
Keller Williams Rty Gold Coast
Over $900,000
87-33 167th St., Jamaica Hills
$1,299,000
Colonial
6 bedrooms, 5 bathrooms
Ahasan Haque
United Prestige
Under $500,000
67-38 108th St., Forest Hills
$289,000
Co-Op
1 bedroom, 1 bathroom
Sameer Rastogi
Charles Rutenberg Realty Inc
$500,000-$900,000
116-24 Grosvenor Ln., Kew Gardens
$618,000
Condo
2 bedrooms, 2 bathrooms
Yau Lung Chan
Keller Williams Realty Greater
Over $900,000
63-19 Everton St., Rego Park
$1,588,000
Colonial
6 bedrooms, 4 bathrooms
Zarina Yusupova
East Coast Realty Partners
rental studio price saw a decrease
$1,871.23 to $1,858.89, however one-bedroom
rental apartments saw a 0.31 percent
increase, raising from $2,205.34 to
$2,212.19. Two-bedroom rentals overall
also saw a decrease in price, lowering
from $2,791.87 to $2,764.15.
However, year-over-year rental prices
for studios, one-bedrooms and two-bedrooms
saw slight increases, 1.71 percent,
0.93 percent and 1.4 percent, respectively,
compared to September 2017.
Th e average rental prices in Queens
neighborhoods were split throughout
September. While Ridgewood saw a 1.84
percent price decrease, the neighborhood
had a 1.49 percent increase in the price
of one-bedroom rentals. Other neighborhoods
that had an overall decrease in
rental prices were Long Island City, (-0.66
percent), Forest Hills (-1.47 percent) and
Rego Park (-1.9 percent).
Despite the decrease in rental prices
in Long Island City, the most expensive
rentals were found in this neighborhood.
Rego Park also saw an slight increase in
price for one-bedroom rentals as well.
Neighborhoods that saw rental price
increases include Astoria, Flushing,
and Jackson Heights with 1.16 percent,
0.66 percent and 1.16 percent increases,
respectively. Th e prices for one-bedroom
rentals also saw a 0.42 percent increase
in Jackson Heights and a 2.59 percent
increase in Astoria.
Th e least expensive studio, one-bedroom
and two-bedroom rentals overall
were found in Flushing, Jackson Heights
and Ridgewood, respectively.
To read the full report, visit mns.com/
queens_rental_market_report.
link
