Queens Real Estate: Here Are The Most Expensive Neighborhoods

QUEENS — While Brooklyn and Manhattan topped the ranking of NYC neighborhoods with highest real estate prices, eight Queens neighborhoods also made it on to the list, according to a report.

A study of NYC neighborhoods with highest real estate prices in the first quarter of 2017 released last week by PropertyShark showed that Manhattan's TriBeCa, SoHo, Hudson Square and Little Italy were home to the city's most expensive houses. The top ten also included Brooklyn neighborhoods DUMBO, Brooklyn Heights and Boerum Hill.

Shocking, right?

Queens, the only other borough on the list, makes its first appearance at number 28 out of the 50 neighborhoods.

The report lists Hunters Point as the neighborhood with the highest median sale price in Queens. At around $974,000 per home, the median real estate price shows a 10 percent increase compared to the same time in 2016.

Broadway-Flushing comes in at number 32, with $940,000 median sale price and 21 percent increase since the first quarter of 2016.

With a 30 percent increase since last year, Queensboro Hill real estate prices rank 34th highest in the city with around $923,000 median sale price.

Although Kissena Park saw a four percent decrease in median real estate price since last year, the neighborhood came in 38th with a median sale price of $853,000. Ditmars-Steinway follows in 39th place, with a 13 percent increase and a median sale price of $833,000.

Auburndale comes in 42nd with a 15 percent increase and $803,000 median sale price.

The last two Queens neighborhoods on the list fall below the $800,000 mark.

Fresh Meadows, with a median of $785,000 and an increase of seven percent, comes in 45th and is followed by Belle Harbor, with a median of $770,000 and three-percent increase, in 46th place.

The full reported can be found here.

Photo courtesy of Nick Amoscato