Queens Multifamily Market Trends

Stats: Quarterly Yearly

Market Overview for Quarter 2, 2022

Average price/sqft


6% YoY

Sales volume


19% YoY



9% YoY

Total sqft


11% YoY

A total of 211 sales were closed, representing a Y-o-Y increase of 9%. The average price per square foot in Quarter 2, 2022 was $318, a change of 6% Y-o-Y.

Average Multifamily Sale Price Per Square Feet

Queens multifamily real estate price per square foot in Quarter 2, 2022 was $318, up by 6% Y-o-Y.

Multifamily Transactions in Queens

Queens multifamily real estate transactions in Quarter 2, 2022 was 211, up by 9% Y-o-Y.

Multifamily sales volume in Queens

Queens multifamily real estate sales volume in Quarter 2, 2022 was $358M, up by 19% Y-o-Y.

Total sqft of Multifamily properties sold in Queens

Queens multifamily real estate total square feet in Quarter 2, 2022 was 1.1M, up by 11% Y-o-Y.

Recent Significant Sales

Property Address Submarket Sale Date Price Square Feet Average Price/Sqft Package Deal

Top Boroughs in New York City

Queens average price per sqft compared with other boroughs in New York City

Submarket Borough Average sale price/sqft Transactions Sales volume Total sqft

See also

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