Market Overview for Quarter 1, 2026
Median price/sqft
-7.2% YoY
Sales volume
45.1% YoY
Transactions
-5% YoY
Total sqft
148.5% YoY
There were a total of 132 sales, representing a Y-o-Y change of just -5%. The median price per square foot in Quarter 1, 2026 was $392, a change of -7.2% Y-o-Y.
Queens multifamily real estate price per square foot in Quarter 1, 2026 was $392, down by 7.2% Y-o-Y.
Queens multifamily real estate transactions in Quarter 1, 2026 was 132, down by 5% Y-o-Y.
Queens multifamily real estate sales volume in Quarter 1, 2026 was $340.4M, up by 45.1% Y-o-Y.
Queens multifamily real estate total square feet in Quarter 1, 2026 was 1.7M, up by 148.5% Y-o-Y.
Recent Significant Sales
| Property Address | Submarket | Sale Date | Price | Square Feet | Price/Sqft | Package Deal |
|---|
Top Boroughs in New York City
Queens median price per sqft compared with other boroughs in New York City
| Submarket | Borough | Median sale price/sqft | Transactions | Sales volume | Total sqft |
|---|
Discover market trends in other boroughs in New York City
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