The Flushing Condo Market
Summary: What new Flushing condos actually close for, by bedroom and by year, and what the buildings are like: mid-size elevator buildings around Main Street, most with parking and gas cooking, many of which take years to sell out.
What Flushing Condos Sell For
Over the last three years, 209 new condos closed in 20 Flushing buildings at a median $576,330, or $1,009 per square foot. Here's what sold, by size:
| Home | Share of sales | Sizemedian sf | Pricemedian | $/sfmedian |
|---|---|---|---|---|
| Studio | 1% | 414 | $469,4823 sales | $1,110 |
| 1 bedroom | 56% | 523 | $535,730113 sales | $1,039 |
| 2 bedrooms | 39% | 723 | $720,65079 sales | $983 |
| 3+ bedrooms | 3% | 1,273 | $1,979,3367 sales | $831 |
| All homes | 100% | 609 | $576,330209 sales | $1,009 |
Sponsor closings (first deed for each new home, ACRIS), Sep 30, 2023 to Sep 30, 2026.
These are closing prices: the first recorded deed for each new home, matched to its unit in the offering plan. Resales are left out.
Flushing Condo Prices Over Time
- $4622006
- $4542007
- 2008
- 2009
- 2010
- $5012011
- $2072012
- 2013
- 2014
- 2015
- 2016
- 2017
- 2018
- $7392019
- $7572020
- $8332021
- $1,0752022
- $9772023
- $1,0282024
- $9702025
- $9842026
Sponsor closings (ACRIS) through Sep 30, 2026. Hover a year for its count; empty years had fewer than 3 closings.
The median was $823 a square foot in 2020–21 and $1,009 over the last three years (+23%). Years with only a building or two closing move with whichever building that was.
| Year | Sponsor closings | Median price | Median $/sf | 1 bedroommedian | 2 bedroomsmedian |
|---|---|---|---|---|---|
| 2003 | 81 building | $153,638 | — | — | — |
| 2006 | 131 building | $329,600 | $462 | — | $329,600 |
| 2007 | 82 buildings | $330,039 | $454 | — | $330,039 |
| 2011 | 202 buildings | $314,340 | $501 | $308,256 | $334,620 |
| 2012 | 41 building | $179,985 | $207 | — | — |
| 2019 | 442 buildings | $1,148,424 | $739 | $627,070 | $1,284,967 |
| 2020 | 1063 buildings | $820,105 | $757 | $802,099 | $1,207,594 |
| 2021 | 1096 buildings | $653,310 | $833 | $697,076 | $652,495 |
| 2022 | 858 buildings | $600,768 | $1,075 | $549,855 | $722,958 |
| 2023 | 5311 buildings | $564,824 | $977 | $522,058 | $705,138 |
| 2024 | 10814 buildings | $576,330 | $1,028 | $542,626 | $719,258 |
| 2025 | 4817 buildings | $540,080 | $970 | $500,916 | $710,229 |
| 2026 | 417 buildings | $580,403 | $984 | $556,777 | $771,834 |
First recorded deed for each new home, from city deed records matched to the offering plan's unit list, through Sep 30, 2026. Years with fewer than 3 closings are left out; bedroom columns need 3 sales.
How Fast Flushing Condos Sell
Of the 52 Flushing buildings whose sponsor closings began in 2015 or later, 16 have sold out. The typical one took 39 months from its first closing to its last.
| Sales began | Buildings | Sold out in 12 months | Time to sell outmedian | Closed vs. listmedian building |
|---|---|---|---|---|
| 2015–19 | 14 | 14% | 54 months | 2% above list |
| 2020–22 | 16 | 0% | 44 months | 13% below list |
| 2023+ | 22 | 11% | 10 months | 8% below list |
ACRIS sponsor closings through Sep 30, 2026, buildings whose first closing came in 2015 or later. Time to sell out runs from a building's first closing to its last, among buildings that have sold out. List: the sponsor's Schedule A price for the same homes.
- Closing vs. list. The median building's first sales closed 8% below list: the sponsor's Schedule A price for the same homes, across 23 buildings we could match. 22% of them closed above list.
- Few sell out within a year: 8% of buildings. 29 still had unsold homes two years or more after their first closing, more than had sold out.
Flushing Is Still Building
Flushing hasn't slowed down: about 381 homes a year in plans accepted since 2023, more than in any earlier period, in typical buildings of 39 homes. What's slow is selling them (above).
| Plan accepted | Plans a year | Homes a year | Typical buildinghomes | Asking $/sf |
|---|---|---|---|---|
| 2000–07 | 649 plans | 166 | 19 | $456 |
| 2008–14 | 962 plans | 298 | 18 | $636 |
| 2015–19 | 421 plans | 363 | 64 | $839 |
| 2020–22 | 413 plans | 219 | 34 | $1,095 |
| 2023–today | 621 plans | 381 | 39 | $1,150 |
Accepted condo plans. Asking $/sf: the median building's first Schedule A price list.
- The 421-a tax break ended. New projects had to start construction by June 2022 to get it. 78% of Flushing plans accepted 2015–22 that name a tax program used 421-a; of the 9 accepted since 2023 that name one, 0% do. Without it, buyers carry full property taxes from the start.
More are on the way: 9 plans filed since 2025 are still under review (below).
Where Flushing Condos Are, and the Walk to the Subway
Price per sf vs. the rest of Flushing
- −13% 12 minutes or more from the subway
Outline: Flushing as our data pages draw it. Each dot is a plan; each square the nearest entrance of a station those plans walk to.
Flushing is served by:
- 7: Flushing-Main St, the end of the line
- LIRR: Flushing-Main Street on the Port Washington Branch
| Nearest subway | Lines | Condo plans | Walkmedian |
|---|---|---|---|
| Flushing-Main St | 7 | 165 | 10 min |
| Mets-Willets Point | 7 | 1 | 15 min |
Each plan counted once, at the station entrance with the shortest walk.
The median recent building is 9 minutes from a subway entrance; 9% are within 5 minutes and 33% are more than 10 minutes away. More in subway distance and condo prices.
Prices Within Flushing
We compared each building's closings with the Flushing average in the same year, so rising prices don't skew the comparison:
| Part of the neighborhood | Buildings | Price per sfvs. the rest, same year |
|---|---|---|
| 12 minutes or more from the subway | 8 | −13% |
Sponsor closings since 2015, buildings with 2+ of them. Each sale is compared with Flushing's average $/sf that year; a row compares the median building inside the area with the median one outside it.
- Distance costs. Only 9% of Flushing buildings are within 5 minutes of the 7, and the ones 12 minutes or more away sell −13% against the rest.
Amenities, Laundry and Doormen
What the offering plans accepted since 2015 include:
Amenities
79%have a shared amenity: gym, roof deck, bike room, package room or storage
Washer/dryer
85%include a washer and dryer in each home
Doorman
20%have a staffed front desk
Plans accepted since 2015. Amenities: 34 new-construction plans; washer/dryer: 27 plans that say either way; front desk: 35 plans read.
- Elevators: 100% of the plans that say either way.
- Laundry: 4% provide washer/dryer hookups only. More in washer/dryers in NYC condos.
- Few doormen: 11% have a 24-hour desk; 6% rely on a virtual doorman instead.
- Heat pumps: 80% of plans, so heating and cooling run on your own electric bill.
Common Charges
A typical new Flushing condo charges $341 a month per home (median of 9 plans accepted since 2015). Here's where it goes, next to Elmhurst and Astoria:
| Per home, per month | Flushing | Elmhurst | Astoria |
|---|---|---|---|
| Common charges a month | $341 | $396 | $482 |
| Staff | $59 | $86 | $57 |
| Insurance | $36 | $49 | $69 |
| Water & sewer | $55 | $90 | $56 |
| Heat, gas & electricity | $33 | $61 | $69 |
| Repairs & service contracts | $48 | $30 | $83 |
| Management fee | $26 | $33 | $60 |
| Reserves & contingency | $26 | $22 | $51 |
| Legal, accounting & admin | $22 | $24 | $28 |
| Amenities & other | $36 | $1 | $9 |
Plans accepted since 2015: the median first-year common charge per home (Flushing 9, Elmhurst 5, Astoria 18 plans), split by the average share of each Schedule B budget line (8, 5, 18 budgets).
The biggest pieces are staff ($59) and water & sewer ($55). Flushing costs less than Elmhurst ($396) and Astoria ($482), though its buildings spend more on amenities. Compare with common charges across NYC.
New Flushing Condo Plans Filed Since 2025
12 condo plans with 313 homes have been filed since 2025: 3 accepted and 9 still under review.
| Building | Filed | Asking $/sf | Common chargesper month | Subway walk |
|---|---|---|---|---|
| 142-11 Cherry Avenue20 homes | Oct 5, 2026Under review | — | — | 14 minFlushing-Main St (7) |
| 13214 41st Rd10 homes | Jul 22, 2026Under review | — | — | 8 minFlushing-Main St (7) |
| 132-29 Pople Avenue19 homes | Jun 5, 2026Under review | — | — | 11 minFlushing-Main St (7) |
| 36-35 College Point Blvd(Aka 133-09 37th Ave)99 homes | Mar 23, 2026Under review | — | — | 7 minFlushing-Main St (7) |
| 132-15 Pople Avenue39 homes | Feb 13, 2026Under review | — | — | 12 minFlushing-Main St (7) |
| 42-24 147th Street20 homes | Jan 12, 2026Under review | — | — | 16 minFlushing-Main St (7) |
| 134-11 Franklin Avenue39 homes | Nov 19, 2025Accepted Nov 19, 2025 | $1,291 | — | 10 minFlushing-Main St (7) |
| 42-08 147th Street21 homes | Oct 17, 2025Under review | — | — | 15 minFlushing-Main St (7) |
| 132-51 41st Road14 homes | Sep 25, 2025Accepted May 1, 2026 | $1,200 | — | 6 minFlushing-Main St (7) |
| 142-20 Sanford Avenue14 homes | Sep 4, 2025Under review | — | — | 7 minFlushing-Main St (7) |
| 31-34 137th Street10 homes | Aug 29, 2025Under review | — | — | 15 minFlushing-Main St (7) |
| 132-25 41st Avenue8 homes | Jun 12, 2025Accepted Jun 12, 2025 | $969 | $217 | 6 minFlushing-Main St (7) |
Asking $/sf: the sponsor's Schedule A average. A dash means the plan doesn't list enough priced homes, or its budget isn't read yet.
FAQ
How much do new condos in Flushing cost?
Over the last three years, new Flushing condos closed at a median $576,330, or $1,009 per square foot.
Do Flushing condos sell below the asking price?
The median building's first sales closed 8% below list, the sponsor's Schedule A price for the same homes.
How long does it take a Flushing condo building to sell out?
The typical building that has sold out closed all its homes 39 months after its first closing.
What are common charges in a new Flushing condo?
About $341 a month per home for the median plan accepted since 2015.
Do Flushing condos have doormen?
Some do: 20% of recent plans have a staffed front desk, and 100% have an elevator.
Where do these figures come from?
Flushing is the neighborhood as our data pages draw it, from each building's map point. Plans are condo offering plans the New York Attorney General accepted or is reviewing, with at least one home. Sales are sponsor closings from city deed records, through Sep 30, 2026. Features come from the plan text and may change by amendment; check the latest plan for the building you're buying in. New to offering plans? Start with what a condo offering plan is.
Related: The Astoria Condo Market · The Harlem Condo Market