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Queens dominates list of NYC’s smallest condos: Report

Mar. 19, 2024 By Ethan Marshall

Five neighborhoods in Queens were found to be among the 10 areas citywide that have the smallest median condo size, according to a recent report by the real estate firm PropertyShark.

The neighborhoods included South Astoria, Maspeth, Old Astoria, Long Island City and Kew Gardens Hills.

South Astoria, which the report defines as the southeast section of the neighborhood, was ranked as having the smallest median condo sizes in all of New York City, at just 631 square feet. Maspeth placed fourth on the list with a median condo size of 671 square feet; with Old Astoria, which PropertyShark defines as the northwest portion of the neighborhood, ranked fifth at 680 square feet; and Long Island City in sixth at 684 square feet. Kew Gardens Hills placed tenth, with a median condo size of 721 square feet.

Queens as a whole ranked second among the boroughs in terms of having the smallest median condo size. At 809 square feet, Queens was only bigger in this area than the Bronx, which had a median condo size of 769 square feet. The study also determined that Queens makes up one-third of all the neighborhoods in New York City with a median condo size under 1,000 square feet.

The Queens neighborhood with the largest median condo size was determined to be Douglaston, in eastern Queens near the Nassau County border, at 1,296 square feet. However, it does not even rank among the top 10 largest condo sizes in the city, placing 15th.

When it came to the median sales price of Queens neighborhoods, Hunters Point was the most expensive in the borough, at $1.215 million. It was the only neighborhood in the borough with a condo median sales price over $1 million. Long Island City, by comparison, ranked second in the borough at $798,000.

All the neighborhoods included in the study had at least 100 condo apartments in it. A total of 161 neighborhoods in New York City were examined in this study by PropertyShark.

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