Tag: real estate

New real estate report shows increase in sales for Queens units

Aug. 8, 2023 By Ethan Marshall The real estate agency M.N.S. recently released its development sales report for the second quarter of 2023, which revealed not only a large increase in the sales volume of units, but also an increase in the median price per square foot in Queens. According to the report, the sales…
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Queens passes Brooklyn as most-competitive rental market: report

Jun. 20, 2023 By Julia Moro StreetEasy data found that competition in May was toughest in Queens, where the average listing received 133% more inquiries compared to May 2019, more than double the pre-pandemic level. StreetEasy credits this surge to New Yorkers looking for more affordable homes across the city, leading to intense competition in…
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Northwest Queens rentals increase 15.3% from last year: report

Jun. 12, 2023 By Julia Moro According to a new Douglas Elliman report, the median rent in the northwest region of Queens for the month of May was the second-highest on record, just short of the prior month’s record. The median rental price increased by 15.3% from the previous year. For the month of May, the…
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Rents spike near subway stops in Queens, other outer boroughs

May. 16, 2023 By Julia Moro For many Queens residents, proximity to public transit has always been a crucial factor to consider when looking for an apartment. According to a new RentHop report, new developments in Queens are driving up the rent of one-bedroom units, reaching $3,800 and over, along convenient subway lines.  In Long…
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Queens real estate market recorded over $4.4 billion in 2022 transactions: Report

Feb. 21, 2023 By Danielle Louie The Queens real estate investment sales market recorded 659 transactions, totaling over $4.4 billion dollars in 2022, according to a report from Ariel Property Advisors.  “Investment activity in Queens was fueled by the first half of 2022 which was the best half-year ever, both in transaction and dollar volume,” said…
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