Interest In Single-Family Bayside Homes Is Increasing: Report

BAYSIDE, QUEENS — There’s an increasing interest in single-family homes in Queens, especially in eastern parts of the borough, including Bayside, reported The Brick Underground, reflecting a citywide trend of people moving from more densely populated areas of the city into the outer boroughs amid the pandemic.

In one of the real estate site’s recent podcasts, the host talks with Queens broker Bianca Colasuonna about recent trends in Queens real estate, including peoples’ increasing interest in buying homes in Bayside.

According to Colasuonna, who's been a broker in the borough for 17 years, there’s an unprecedented interest from buyers in eastern areas of the borough that are farthest from Manhattan.

“People like the detached feel of further east,” she said, adding that pre-pandemic most people wanted to be closer to NYC, but with the rise in working from home “areas that aren’t serviced by public transportation are seeing a huge revitalization and a lot of interest.”

Among those neighborhoods is Bayside, which Colasuonna says has become increasingly popular as people prioritize single-family homes, instead of apartments, parking for cars, and outdoor space.

By those standards, Bayside’s “gorgeous views of the water” and mix of condo and single-family homes has become a hot commodity, alongside areas even farther southeast, like Queens Village.

And Colasuonna’s claims aren’t just anecdotal: A recent study by the globe real estate firm CBRE found that despite an overall exodus from New York City, more people moved to Bayside than those who left in 2021.

The researchers of the study found that people who moved last year only went a short distance, often to a nearby county — further substantiating the idea that Manhattanites, and those in densely populated NYC neighborhoods, were among those moving to Queens in droves.

Also, according to a recent StreetEasy report, Bayside’s rents have fallen year-over-year — a piece of data that Dr. Donald Tricarico, a professor of urban studies and sociology at Queensborough Community College in Bayside, told Patch could be partially attributed to the booming buyer’s market.

“Take a look at the housing market in northeastern Queens, I bet that’s soaring,” he said, adding, “I think this is a time when people are looking at buying a house.”

Listen to the full podcast on Queens real estate here.