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Flushing and Long Island City residential buildings rank among top 10 best-selling in NYC

By amol on October 31, 2017

Queens stole the spotlight in a new report ranking the most popular residential buildings throughout the five boroughs over the last few months.

According to PropertyShark, four Queens buildings were among the top-selling in the third quarter of 2017, “emphasizing, once again, the fast-paced rhythm at which [Queens] is developing.”

The Grand at Skyview Parc, located at 131-05 40th Rd. in downtown Flushing, took the top spot on the list. The second condo tower of three within the residential community, The Grand sold 92 units in between July 1 and Sept. 30 at a median sale price of $799,569 — nearly double the number of units the No. 2 building, Manhattan’s 389 East 89, sold during the same time period.

The newly-completed tower offers studios to three-bedroom units located blocks away from a variety of transportation options, including the 7 train and Long Island Rail Road. The complex also features a number of amenities, including a fitness center, rooftop park and shopping center.

Ranking at No. 3 was Flushing Commons, located at 138-35 39th Ave. The high-end building designed by Perkins Eastman sold 46 units in the third quarter at a median sale price of $1,014,585 and features apartments ranging from one- to four-bedrooms. Certain elements of the mega-project remain under construction.

Selling the same number of units at a significantly lower median sale price ($628,362) was East West Tower, which placed No. 4 on the list. Located at 142-32 37 Ave., the 13-story condo tower — which is still under construction — is slated to feature 88 units.

Queens made its final appearance in the top 10 with The Harrison at No. 8. The 27-story condo building in Long Island City sold 30 units at a median sale price of $822,237 in the third quarter, according to PropertyShark.

For the report, PropertyShark counted all sales closed between July 1 and Sept. 30. The complete report can be viewed here.

Posted in Wires | Tagged wires

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