WWW.QNS.COM RIDGEWOOD TIMES OCTOBER 8, 2020 27
REAL ESTATE
Rental prices continued to fall across Queens in September
BY JACOB KAYE
JKAYE@SCHNEPSMEDIA.COM
@QNS
The average rental price across Queens continued
to fall in September following a slow
summer market, according to a new report.
Continuing to drop in a market marred by
COVID-19, the average rental price in the borough
fell by 1.4 percent, from $2,237 to $2,206,
according to a report from real estate company
MNS. Including September’s prices, the year-overyear
average rental price is down by a little over
4 percent.
The drop was most steep in two bedroom units,
where the average rental price fell by around $70,
from $2,750.28 to $2,684, in September, the report
said. One bedroom units fell by 0.32 percent and
studio apartments dropped by 1.15 percent, according
to MNS.
The drop in the average rental price was felt
across the borough. Of the eight neighborhoods
tracked by the report, seven saw drops in the
average rental price, including Long Island City,
Astoria, Flushing, Rego Park, Forest Hills, Jackson
Heights and Jamaica.
Ridgewood, however, saw a slight increase in
the average price, ticking up by 0.41 percent in
September, the report said.
The report, which tracks rental prices in Queens,
Manhattan, Brooklyn and the Bronx, found that
all four boroughs saw a decrease in the average
rental price.
In both Manhattan and Brooklyn, the price
dropped by nearly 3 percent, according to the
report. The Bronx saw the smallest drop – a decrease
of 0.74 percent.
Ridgewood Times Sales Guide
RIDGEWOOD GLENDALE MASPETH MIDDLE VILLAGE
68th Road
Listings selected at random. Courtesy MLS
Under $600,000
61-20 71 Ave, Unit J2D
$580,000
Condo
2 bedrooms, 2 bathrooms
Christian Wittmann, Compass
Greater NY LLC
$600,000-$1,000,000
64-55 Madison St.
$788,000
Colonial
3 bedrooms, 2 bathrooms
Nora Avalos, NY Superior Realty
Over $1,000,000
60-65 68th Road
$1,500,000
Townhouse
7 bedrooms, 3 bathrooms
Christian Wittmann, Compass
Greater NY LLC
83rd Street Borden Avenue 79th Place
Under $600,000
60-15 78th Ave
$560,000
Colonial
3 bedrooms, 1 bathroom
Alejandra Fermin, Empire Fine
Homes
$600,000-$1,000,000
77-32 83rd St.
$739,000
Colonial
3 bedrooms, 1 full and 1 half
bathrooms
John Lombardi, Crifasi Real Estate
Inc
Over $1,000,000
68-28 65th St.
$1,099,000
Two Story
6 bedrooms, 3 bathrooms
Michael Bifalco, Capri Jet Realty
Corp
Under $600,000
64-42 58th Road
$580,000
Ranch
2 bedrooms, 1 bathroom
Patricia America, Coldwell Banker
Realty
$600,000-$1,000,000
60-22 59th Drive
$799,000
Two Story
3 bedrooms, 2 full and 1 half
bathrooms
Fabiana Reyes, Keller Williams
Landmark II
Over $1,000,000
64-51 Borden Ave.
$1,300,000
Two Story
5 bedrooms, 4 full and 1 half
bathrooms
Joyce Kim, Cana Realty
Under $600,000
66-70 79th St., Unit 2D
$525,000
Condo
2 bedrooms, 2 bathrooms
Andrea Scelisi, Century 21 Amiable
Rlty Grp II
$600,000-$1,000,000
65-52 79th Place
$749,000
Colonial
3 bedrooms, 1 full and 1 half
bathrooms
James DePierro, EXIT Realty
Premier
Over $1,000,000
67-57 75th St.
$1,199,000
Modern
8 bedrooms, 3 bathrooms
Juan Barreneche, EXP Realty
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