New York Real Estate | 2 minute read
Most Expensive Blocks in Queens, New York
BY PropertyShark Staff | Mar 7, 2012
It might have come as a surprise to some people that, according to our latest report, the priciest block in Queens was located in Belle Harbor/Neponsit (see interactive map). The median sale price on the beach front block located between Beach 145 Street and Beach 146 Street was $2.5M.
As reported by the New York Times, this community is defined by a “high quality of life and locals that cherish its residential nature, which lends its beaches an air of exclusivity”. Street parking in the area is banned during the summer, so owners of beachfront houses routinely make their driveways available to neighbors. According to the same article, “proximity to the beach has everything to do with real estate: walking north to south, a visitor may notice that the louder the waves, the grander the houses become.”
The next three spots in the top were taken by blocks in Forest Hills, a community well known for pricey homes and upper class residents. Here prices ranged from $1.66M to $1.35M. The most expensive sale on these blocks was the single family home at 98 Ascan Avenue, sold for $1.7M.
Other areas represented on the list of pricey blocks included Douglaston, Oakland Gardens and Jamaica Estates. As can be seen on the map, blocks in Withestone and Murray Hill also had a high price value, while the blocks in southeast Queens, Jamaica, St. Albans and Cambria Heights had lower values.
Methodology: For this report we looked at median sale prices for all of the blocks in Queens with at least three home sales within the last two years.
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