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Photo via Wikimedia Commons/Flickr user Complicated
Forest Hills Gardens makes No. 10 on the list of the top 50 most expensive neighborhoods in NYC.

Following reports that revealed the average person in Queens has to spend a whopping 83.7 percent of their income to be able to buy median housing throughout the borough, a study has placed twelve neighborhoods in Queens on a list of the top 50 priciest in all of New York City for 2016.

According to a recent report published by PropertyShark — which ranked neighborhoods according to reported median sale prices in 2016 — Forest Hills Gardens was the most expensive in Queens, coming in at No. 10 on the list. With a median sale price of $1,525,000, the area was one of two non-Manhattan neighborhoods to place in the top 10.

 

Broadway, a neighborhood within Flushing, was the next Queens neighborhood to appear on the list. The area ranked No. 28 with a median sale price of $944,000.

Close behind was Hunters Point, a neighborhood of Long Island City, which listed at No. 29 with a median sale price of $935,000. A whopping 237 properties were sold in the area in 2016 — the highest number of transactions for a Queens neighborhood that made the list.

Twelve neighborhoods in Queens took up residence on a total of 10 slots within the top 50 — with two neighborhoods each tying at the No. 44 and No. 46 openings.

Find out which other Queens neighborhoods made the list of priciest in NYC for 2016 below.

  • No. 30: Malba, Whitestone
  • No. 42: Jamaica Estates
  • No. 43: Kissena Park, Flushing
  • No. 44 (tie): Queensboro Hill, Flushing & Ditmars-Steinway, Astoria
  • No. 45: Belle Harbor, the Rockaways
  • No. 46: Fresh Meadows & Hollis Hills, Bayside
  • No. 47: Auburndale, Flushing

The median sale prices were calculated based on residential property sales closed and recorded for single-family homes, condos and co-ops between Jan. 1 and Dec. 13, 2016, according to the reported methodology.

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