Ten Queens neighborhoods among the priciest in
New York City during the third quarter of 2019
BY SAMANTHA WANDERER
Ten Queens neighborhoods
made it on the list of
the top 50 most expensive
neighborhoods in New York
City during the third quarter,
according to a recent ranking
from PropertyShark.com.
Ditmars-Steinway crossed
over the $1 million threshold,
earning its spot on the list as
the highest median home sale
price in Queens this quarter.
Hunters Point, Belle Harbor
and East Flushing also made
it in the top 35 for New York
City as a whole.
Year-over-year increase
percentages were also calculated
for each neighborhood.
Old Howard Beach had the
greatest percent increase in
Queens, up 50 percent from
last year.
Of the neighborhoods that
made it on the list, none of
them had a percent decrease
from last year. East Flushing
was the only neighborhood
that has stayed the same, and
Rockwood Point, Fresh Meadows
and Auburndale were the
only neighborhoods on the
list that did not have at least
a 5 percent increase.
The amount of transactions
throughout the boroughs
have decreased since
last year, with Queens down
1.4 percent. This is less than
Manhattan and the Bronx,
though, which decreased by
7.3 percent and 11 percent, respectively.
The Mansion Tax in New
York City, which took effect
on July 1, most likely has
something to do with the
overall decrease in transactions.
As buyers get used to
the tax, however, the volume
of sales may once again begin
to increase.
To read the full report,
visit propertyshark.com/
Real-Estate-Reports/priciest-
NYC-neighborhoods.
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ON ELECTION DAY.
Pick the day that works best for you!
From October 26, 2019 to November 3, 2019 you can vote at your assigned early voting poll site.
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to find your Early Voting poll site or General Election Day
poll site location and hours of operation
8 TIMESLEDGER, OCT. 25-31, 2019 QNS.COM
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