Andra Rus While often overshadowed by Manhattan and Brooklyn, Queens has a lot to offer to buyers looking for luxury amenities, accessibility, and proximity to green spaces. Property Shark’s data shows significant real estate transaction activity over the last year in the borough.
Check out the best-selling buildings in Queens ranked by number of units sold in 2015:
10. Bell Apartments, Bay Terrace
Units Sold: 19
Median sale price: $253,250
Considered by some to be the “most successful conversion in NYC”, this idyllic co-op is less than 30 minutes away from Manhattan, yet boasts affordable prices, a park-like setting, golf, highly rated schools, and spectacular shopping.
9. Kennedy House Condominiums, Forest Hills & Silver Towers, Kew Gardens
Units Sold: 20
Median sale prices
Kennedy House Condominiums: $577,000
Silver Towers: $180,000
Both Forest Hills and Kew Gardens claim multiple spots on this year’s top 10 list of Queens buildings. Silver Towers sales have been fueled by affordability with a median price of just $180k. Kennedy House offers a more elegant lobby, in addition to a rooftop pool, justifying a more regal median price of $577k per unit.
8. 13208 Pople Ave., Downtown Flushing & 9932 66th and Park City Estates, Rego Park
Units Sold: 22
Median sale prices
13208 Pople Ave: $288,800
9932 66 Avenue: $259,500
Park City Estates: $207,500
All tied in 8th place with 22 units sold in 2015; these 3 Queens buildings offer very reasonably priced apartments ranging from a median of $207,500 in Park City Estates to $288,000 on Pople Avenue.
7. Shangri-La Tower, Downtown Flushing & Birchwood Towers, Forest Hills
Units Sold: 24
Median sale prices
Shangri-La Tower: $441,000
Birchwood Towers: $314,500
With a median price of $441,000, the Shangri-La Tower is the 3rd time that Downtown Flushing places in our list. Birchwood Towers scored a more modest median price of $314,500, and fills one of four positions held by Forest Hills.
6. Citylights, Hunters Point
Units Sold: 32
Median sale price: $585,000
Citylights remains the most praised Queens co-op in Long Island City. Spectacular views and being a pet-friendly building continue to make this a highly desirable community to live in. This is certainly reflected in the higher median sales price of $585,000.
5. Dara Gardens, Kew Gardens Hills
Units Sold: 43
Median sale price: $176,300
NYC real estate doesn’t come much cheaper than this! While not all the online reviews of Dara Gardens are positive, units start at just $175,000 for gated community living.
4. Bay Club Condo, Bay Terrace
Units Sold: 44
Median sale price: $505,000
Spread over 13 acres of park land with pink blossoming trees, and with a heated indoor-outdoor Olympic-sized pool, the Bay Condo Club offers Queens residents a wealth of living without ever having to leave the community. The median sale price over the last 12 months comes in at $505k.
3. The Continental Park, Elmhurst
Units Sold: 48
Median sale price: $386,000
Originally built in the early 60s, The Continental Park underwent a complete renovation just 2 years ago. This Queens co-op now presents itself as one of the most modern and attractive on this list, although the median sale price remains a deceptively inexpensive $386,000. The Continental’s classy units with private terraces are clearly a hit with savvy NYC buyers.
2. The Aston, Forest Hills
Units Sold: 89
Median sale price: $845,000
The Aston could easily become known as one of the most successful buildings in Queens. The brand new 16-story luxury condo tower is a back-to-the-future blend of modern Art Deco design with echoes of the glamorous days of the 1920s. Its architect describes his work as “The Great Gatsby comes to Queens again.” Sales have been fast and furious, and resales could rocket well beyond the current median price of $845,000.
1. North Shore Towers, Glen Oaks
Units Sold: 112
Median sale price: $610,000
While its units are less pricey than those in The Aston, North Shore Towers certainly claims the crown for most units sold in the last 12 months – by a long way. The North Shore Towers complex is a fortress, combined of three 34-floor buildings, with its own electricity supply, 22-unit retail shopping center, golf course, and its own zip code. However, buying here is only possible via a rigorous interview and screening process with the board.
