2012 year in review: Northern Queens real estate


| spreuss@queenscourier.com |

The year of 2012 was an overall positive environment for the commercial sales marketplace.  Activity, pricing, sales volume, lending and just about any other relevant metric increased from the year before and greatly increased from the previous several years.  The driving forces of the overall demand was the steady lack of available product throughout the year and the impending capital gains increase which pushed the sales activity to a sprint in the last few months of the year. Northern Queens saw a total of 123 commercial and investment property sales for a total dollar value of $288,000,000.  These figures represent an approximate 25% increase from 2011 in both categories.

2012 year in review: Flushing real estate

2012 year in review: Jackson Heights, Corona, East Elmhurst real estate 

2012 year in review: Bayside, Little Neck, Douglaston real estate

2012 year in review: College Point, Whitestone real estate