Back to all insights In April 2025, the Queens real estate market showed strong investor confidence despite a slight dip in transaction count. 16 deals traded, totaling $52.93 million (+45% yoy), reflecting a focus on higher-value assets. Development activity nearly doubled, signaling renewed interest in future growth. Key neighborhoods like Long Island City, Old Astoria, and Ridgewood led in deal volume across mixed-use, multifamily, and development sectors. Overall, the market favored quality over quantity, with continued momentum in both investment and redevelopment potential.
Multifamily, Mixed-Use and Development transactions between $1,000,000 – $50,000,000 from April 1, 2025 – April 30, 2025
Zip Codes: 11101, 11102, 11103, 11104, 11105, 11106, 11369, 11370, 11372, 11377, 11385
Neighborhoods: : Astoria Heights, Ditmars Steinway, East Elmhurst, Hunter’s Point, Jackson Heights, Long Island City, Old Astoria, Ridgewood, South Astoria, Sunnyside, Sunnyside Gardens, Woodside
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