Queens Multifamily Market Trends

Stats: Quarterly Yearly

Market Overview for Quarter 3, 2021


Average price/sqft

$357

26% YoY


Sales volume

$306M

52% YoY


Transactions

201

87% YoY


Total sqft

857K

20% YoY

A total of 201 sales were closed, representing a Y-o-Y increase of 87%. The average price per square foot in Quarter 3, 2021 was $357, a change of 26% Y-o-Y.

Average Multifamily Sale Price Per Square Feet

Queens multifamily real estate price per square foot in Quarter 3, 2021 was $357, up by 26% Y-o-Y.

Multifamily Transactions in Queens

Queens multifamily real estate transactions in Quarter 3, 2021 was 201, up by 87% Y-o-Y.

Multifamily sales volume in Queens

Queens multifamily real estate sales volume in Quarter 3, 2021 was $306M, up by 52% Y-o-Y.

Total sqft of Multifamily properties sold in Queens

Queens multifamily real estate total square feet in Quarter 3, 2021 was 857K, up by 20% 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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