Tag: real-estate-newsletter

Average rental price in Queens increases nearly 3.5% year-over-year: report

increase

Apr. 16, 2024 By Ethan Marshall The average rental price of studio, one-bedroom and two-bedroom units across Queens increased 3.42% year-over-year from March 2023 to March 2024, according to a report released by the real estate firm M.N. S. Real Estate. Studios experienced the most significant year-over-year increase, with the average rental price rising 7.2%,…
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Queens had most foreclosures among NYC boroughs in first quarter of 2024: report

Foreclosure notice and keys on a court table.

Apr. 10, 2024 By Ethan Marshall Queens accounted for the most foreclosures among the New York City boroughs in the first quarter of 2024, with 191, according to a report by the real estate agency PropertyShark. These 191 foreclosures accounted for 45% of the 424 cases that occurred in New York City this quarter. Its…
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Most expensive rental in Queens leased at $11,200 a month

rental

Apr. 3, 2024 By Ethan Marshall A Little Neck mansion at 53-27 254th St. has become the most expensive rental in Queens, with a monthly lease of $11,200. This Mediterranean style single-family home is more than 9,184 total square feet. Originally built in 2004, this property was once owned by New York Mets legend and…
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Queens County had 8.5% housing supply growth from 2012-2022: report

growth

Apr. 2, 2024 By Ethan Marshall From 2012-2022, the housing stock in Queens County increased 8.5%, according to a study by the construction software, insurance and related services organization Construction Coverage. The percentage increase over the 10-year-period is the same as that of the entire country, based on the study where nearly 800 counties were…
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