1. Home
  2. Cities & Towns
  3. Queens, NY
John Roleke

John's Queens, NY Blog

By John Roleke, About.com Guide to Queens, NY

"The Average Rent for a Nice Three-Bedroom in Queens Is $1,750"

Thursday March 3, 2005
Today the NY Sun interviewed Jeffrey Silverbush (subscription required), owner of Century 21 Best in Elmhurst, about the Queens real estate market. The interview is mostly a shout out of "Queens is great, close to Manhattan and affordable," but here are a few interesting specifics:
  • "The average rent for a nice three-bedroom in Queens is $1,750. It's a quantum difference from Manhattan. What you sacrifice is only a short subway ride."
  • "Astoria, Woodside, Jackson Heights have all gone way up in price over the last few years, but compared to Manhattan, they're very low."
  • "Some areas like Corona, that used to be low-cost, are now hot. Changes in zoning have encouraged a lot of development in areas the city felt could provide more housing."
  • "[Queens home buyers] are financially diverse with some looking for more modest houses, and others looking in the luxury market. You can't characterize Queens as any one thing when it comes to real estate. It's too broad a market."
  • "Manhattan is on a different planet." (Curbed does a great round-up of real estate on that planet.)
To learn more about real estate in Queens, make sure to read these Queens neighborhood profiles. With some areas hotter than others, real estate agents are flexible with neighborhood names, especially in Long Island City.

Comments

No comments yet. Leave a Comment

Leave a Comment

Line and paragraph breaks are automatic. Some HTML allowed: <a href="" title="">, <b>, <i>, <strike>

Explore Queens, NY

About.com Special Features

New Year's Eve in NYC

Not up to watching the ball drop in Times Square? Choose from this list of party picks instead. More >

Ring in 2010 in LA

Check out a sampling of many New Year's Eve events around town. More >

  1. Home
  2. Cities & Towns
  3. Queens, NY

©2009 About.com, a part of The New York Times Company.

All rights reserved.