Queens’ second-quarter most expensive home sales

Kirsten Jordan of Douglas Elliman and 2728 Thomson Avenue in Queens (Corcoran, Douglas Elliman, Getty)

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Sustained demand for homes continued to wipe out supply in Brooklyn, but buyers finally found relief across Newtown Creek this spring.

The median sale price of homes in Queens fell in the second quarter for the first time in more than a year, while listing inventory rose 12.4%, according to a report by appraiser Miller Samuel for Douglas Elliman.

Yet the market remains much more competitive than it was before the pandemic, with prices up 22.1% from the same period in 2019, and homes selling 33.3% faster, on average.

An analysis of completed sales recorded in the City Register in the second quarter found that the most expensive real estate in Queens could be found throughout the borough, from condos in Manhattan-adjacent neighborhoods like Hunters Point to single-family homes in the tree-lined suburb. streets of Forest Hills.

The most expensive home sold in the second quarter was a three-bedroom penthouse at Arris Lofts, an eight-story condominium building located at 2728 Thomson Avenue in Hunters Point. The unit set a Long Island City record when it sold for $4.8 million in June. Douglas Elliman’s Kirsten Jordan team had the list.

Second on the list was a single-family home at 15 Wendover Road in Forest Hills, which sold for $4.1 million in May. The seven-bedroom, 900-square-foot home was built in 1921 and sits on approximately a quarter-acre of land.

Third in the ranking was a 9,000 square foot home at 30 Center Drive in the Northern Queens neighborhood of Malba. The five-bedroom home, which includes a 1,000-gallon aquarium, according to the listing, sold in March for $3.85 million.

The fourth was 23-15 44th Drive at Hunters Point, also known as Skyline Tower, where units 2311 and 2312 sold for $3.19 million. Risland US Holdings LLC and United Construction & Development Group developed the 67-story tower in the heart of Long Island City.

Rounding out the top five deals was a penthouse unit at Tangram House South Condominium at 133-27 39th Avenue in Flushing, which went for $3.1 million. F&T Group and SCG America co-developers on the 192-unit mixed-use tower.