These 12 Queens neighborhoods are among the most expensive in New York City
Following reports that revealed the average person in Queens has to spend a whopping 83.7 percent of their income to be able to buy median housing throughout the borough, a study has placed twelve neighborhoods in Queens on a list of the top 50 priciest in all of New York City for 2016.
According to a recent report published by PropertyShark — which ranked neighborhoods according to reported median sale prices in 2016 — Forest Hills Gardens was the most expensive in Queens, coming in at No. 10 on the list. With a median sale price of $1,525,000, the area was one of two non-Manhattan neighborhoods to place in the top 10.
Broadway, a neighborhood within Flushing, was the next Queens neighborhood to appear on the list. The area ranked No. 28 with a median sale price of $944,000.
Close behind was Hunters Point, a neighborhood of Long Island City, which listed at No. 29 with a median sale price of $935,000. A whopping 237 properties were sold in the area in 2016 — the highest number of transactions for a Queens neighborhood that made the list.
Twelve neighborhoods in Queens took up residence on a total of 10 slots within the top 50 — with two neighborhoods each tying at the No. 44 and No. 46 openings.