Sunnyside Real Estate in 2015: Still Affordable?

Sunnyside Real Estate Market Report

2015 Median Sale Price: $294,500

Located on the Western side of Queens and home to the charming historic district of Sunnyside Gardens, this neighborhood is attractive to buyers due to the easy access to Manhattan via the 7 subway line and due to its still affordable prices, especially if compared to its more famous neighbor, Long Island City.

Sunnyside map

In 2015, the median sale price for properties in Sunnyside overall reached $294,500 almost as high as in 2014 when it reached an all-time high. The median sale price per sqft has seen a steeper climb, from $539 in 2014 to $615 in 2015 (+14 %).

Sunnyside median trend

Top most expensive properties in Sunnyside are all located in the Gardens

The historic section of the neighborhood, commonly referred to as the Gardens, is a quiet enclave in the middle of a bustling city and buyers are showing more and more interest in purchasing in the area. Prices are of course going up, reflecting the increasing demand and rather low inventory.

4909 39 Avenue Sunnyside GardensThe median sale price in Sunnyside Gardens alone went up to $305,000 in 2015 and that translated into a 56% increase compared to 2005. The $1.1M sale of a single family home at 4909 39 Avenue topped the list of most expensive homes of 2015 and it was the only transaction to have crossed the $1M mark.




Top 5 Most Expensive Sales in Sunnyside, Queens

#AddressSale priceSale date
14909 39 Avenue$1,100,000
August 3, 2015
24122 47 Street$940,000
October 27, 2015
33984 44 Street$915,000
May 28, 2015
43998 44 Street$896,000
September 29, 2015
53948 46 Street$875,000
October 9, 2015

Queens Market Stats

The median sale price in the borough was $360,000, hitting an 8-year high and returning to the levels recorded before the market fell. The luxury market has more than doubled in the past 5 years and 323 properties were sold above $1M. In Sunnyside, things are quieter since the median sale price is still below the borough’s level and the luxury market hasn’t quite made its way here yet.


* Data is based only on residential properties sold between January 1, 2005 and December 15, 2015

* The building classes counted are single homes, condo and coop units

* The final number of properties sold in 2015 was adjusted up by 10% (not all 2015 sales are recorded)

Andra Rus

Andra Rus

With 10+ years of experience at PropertyShark, Andra covers the latest product updates and market reports for our blog. Her work has been featured in The Real Deal, Curbed, TimeOut, The Daily Mail, Business Insider, Crain’s New York.

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