Tag: real-estate-newsletter

Average price of Queens homes for up to three families eclipses $1 million: report

price

Sep. 2, 2025 By Ethan Marshall The average cost of homes for one to three families reached $1,013,558 in the second quarter of 2025, marking the first time that price has reached $1 million dating back to the second quarter of 2024, according to a report by the real estate firm Brown Harris Stevens.…

Permits filed to expand 2-story Astoria building into a 5-story dwelling for 10 residences

permits

Aug. 29, 2025 By Ethan Marshall Builders have filed permits to expand a 2-story Astoria building in order to accommodate 10 housing units. The permits for 32-02 31st Ave. in Astoria would add three floors to the structure, making it a 5-story residential building. Ten apartments would be created as a result. Under the…

Halletts Point esplanade in Astoria opens, reconnecting community to East River waterfront

The long-awaited Halletts Point esplanade is open to the public along the East River waterfront in Astoria.

Aug. 22, 2025 By Bill Parry When The Durst Organization broke ground on its massive Halletts Point project in Astoria on a cold winter day in January 2016, the speeches were delivered inside a massive brick warehouse that had cut off public access to a stretch of East River waterfront for generations. That warehouse…

Rents soared in Queens in July 2025 from previous year: report

july

Aug. 11, 2025 By Ethan Marshall After the average cost of rent in Queens exceeded $3,000 in June 2025, the number continued to rise in July, with average rents increasing across the board among studios, one-bedroom and two-bedroom units in the borough, according to a report by M.N.S Real Estate. The average rent in…

Queens rents increase to over $3,000 in June 2025: report

rents

Jul. 17, 2025 By Ethan Marshall The average cost of rent for apartments in Queens eclipsed $3,000 in June 2025, according to a report by M.N.S. Real Estate. Year-over-year, the average rent in Queens rose 3.49%, from $2,902 in June 2024 to $3,003 in June 2025. Studios, one-bedroom units and two-bedroom units all went…

Median rent of NYC apartments reach record high $4,700 in June 2025: report

apartments

Jul. 16, 2025 By Ethan Marshall By the end of June 2025, the median rental price of apartments across New York City reached a record high of $4,700, according to a report by the real estate site RentHop. Year-over-year, the median rent across the city rose 6.6%, from $4,409 in June 2024 to $4,700…

Average price of Queens houses surpasses $1M in Q2 2025: Report

average price

Jul. 11, 2025 By Ethan Marshall The second quarter of 2025 marked the first time that the average price for one-to-three-family homes in Queens eclipsed $1 million, according to a report by the real estate agency Brown Harris Stevens. The average price of these homes rose 9.1% year over year, from $928,953 in the…

Queens sees higher median home prices amid shrinking inventory and fewer sales: Report

median

Jul. 10, 2025 By Ethan Marshall Queens saw a year-over-year increase in the median sales price of co-ops, condos, and one-to-three-family homes during the second quarter of 2025, even as both inventory and the number of closed sales declined, according to a report by Douglas Elliman Real Estate. The borough’s median sales price of…