Fifteen neighborhoods in Queens landed on the list of the 50 most affordable neighborhoods in New York City, according to a new report.
Three neighborhoods, including Lindenwood, Briarwood and Glen Oaks, were among the 10 most affordable neighborhoods in the city in 2020, according to real estate company PropertyClub.
As a borough, Queens boasts the third-most affordable neighborhoods in one of the most expensive cities in the U.S., falling only behind the Bronx and Staten Island. Borough-wide, Queens had a median sales price of $605,000 in 2020, according to the report.
The most affordable neighborhoods in Queens are as follows:
- Lindenwood ($280,000 median sales price)
- Briarwood ($293,000)
- Glen Oaks ($325,000)
- Kew Gardens ($335,000)
- Kew Gardens Hills ($338,000)
- Oakland Gardens ($350,000)
- Rego Park ($360,000)
- Howard Beach ($380,000)
- Hammels ($389,750)
- Beechhurst ($432,500)
- Bay Terrace ($465,000)
- Astoria Heights ($465,000)
- Arverne ($480,000)
- Rockaway Park ($485,000)
- Bayside ($485,000)
According to the report, the least expensive neighborhood in all of New York City was Parkchester, in the Bronx, which had a median sales price of $195,000 last year. It was the only neighborhood in the city with a median sales price below $200,000, according to PropertyClub.
While PropertyClub’s most expensive neighborhoods list was dominated by neighborhoods in Manhattan, only one neighborhood – Washington Heights – in the borough landed on the 50 most affordable list.
Similarly, only one Brooklyn neighborhood – Brighton Beach – made it into the most affordable list.
For the full report, click here.