FOR BREAKING NEWS VISIT www.qns.com OCTOBER 20, 2016 • THE COURIER SUN 11 Queens neighborhoods included in priciest city home sales list By Angela Matua amatua@qns.com /@angelamatua Though Queens does not dominate the list, six neighborhoods in the borough are among the priciest in terms of median sales price for single-family homes, condos and co-ops. PropertyShark released a list on Oct. 11 of the top 50 priciest neighborhoods after analyzing the median sales price in four boroughs. At 11, Forest Hills Gardens surprisingly beat out Manhattan neighborhoods like the Theater District, the Upper West Side and the Financial District. The median sales price for a home between July and September 2016 was $1,562,500, which is actually a 6 percent decrease from the same time last year, according to the study. The Hunters Point section of Long Island City was 33rd on the list, with the median sales price coming in at $946,973. This marks an 18 percent increase in median sales price during the same time last year. The study found that 73 sales transactions were made since last year compared to only 12 in Forest Hills Gardens. PropertyShark splits Flushing into several neighborhoods including Kissena Park, Broadway-Flushing and Queensboro Hill. These neighborhoods were 38th, 42nd and 43rd on the list, respectively. New lobbies and landscaping Renovated units Great new shops and restaurants LEFRAKCITY.COM 888.449.3158 NOW LEASING NO FEE RENTALS Kissena Park, an area that is bordered by Kissena Boulevard, 46th Avenue and Utopia Parkway, saw a 5 percent increase in median sales price since last year. The median sales price hit $865,000 and 13 sales transactions were made there. Broadway-Flushing, a small parcel bordered by 155th Street, Crocheron Avenue, 29th Avenue and 170th Street saw a 6 percent decrease in median sales price since last year and the median price for a home there costs $847,500. Queensboro Hill, a sliver of homes located adjacent to Flushing Meadows Corona Park and below Kissena Park, were slightly less pricey, with a median sales price of $843,500. The neighborhood saw a 19 percent increase in median sales price since last year. Not surprisingly, the Ditmars- Steinway area of Astoria and the Malba section of Whitestone made the list. At 45th, Malba saw a 67 percent decrease in median sales price and a home there will set you back $838,500. At 46th on the list, Ditmars-Steinway only saw a 1 percent increase since last year and the median sales price of a home is $820,000. Lastly, the Belle Harbor section of Rockaway was 49th on the list with a median sales price of $805,000 marking a 15 percent increase in price since last year. Though Queens did not have a large number of neighborhoods on the list, the borough saw the second largest number of sales transactions in terms of single-family homes, condos and co-ops in the third quarter of 2016. About 2,653 sales transactions were made compared to 3,024 in Manhattan, 1,852 in Brooklyn and 510 in the Bronx. Staten Island was not included in this study. Photo via Flickr Creative Commons/Peter Dutton Forest Hills Gardens was near the top of the list of priciest neighborhoods in terms of home sales price.
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