FOR BREAKING NEWS VISIT WWW.QNS.COM APRIL 20, 2017 • THE QUEENS COURIER 11 See how rents across Queens have spiked near certain subway stations Map via RentHop BY ANGELA MATUA [email protected] @AngelaMatua Living near a subway stop is essential for many New Yorkers who want an easy commute to and from work. Th ough large swaths of Queens are still considered transportation deserts, there are neighborhoods with several train lines and this aff ects the rent residents will pay. RentHop, a search engine for apartment hunting, created a map highlighting median asking rent prices for one-bedroom apartments in 2017 along each train stop. Th e map also features median asking rent from 2016 for comparison. Th e train lines with some of the biggest rent increases since last year include the N and W lines that run through Astoria. Th e Astoria Boulevard stop saw an 18.3 percent increase in rent since last year, making the median asking rent about $2,500. But just one stop over at the Astoria-Ditmars Boulevard stop the median asking rent is $1,875. Th at number refl ects a 4.2 percent increase since last year. Rents along the 36th Avenue stop jumped 9.1 percent to $2,100 while the median asking rent around the Broadway stop decreased 2.5 percent to $1,950. Rent along the 7 line increased around some spots but in more cases it stayed the same or decreased. Median asking price for apartments around the Mets – Willets Point stop increased 4.3 percent to $,1825 but decreased at Vernon Blvd – Jackson Ave, 33rd St and 46th St. Prices stayed the same at 52nd St, 61st St, Roosevelt Ave in Jackson Heights, 74th St – Broadway, 90th St- Elmhurst Ave and Flushing – Main St. Rent for apartments along the F line in Jamaica saw a big spike in the fi rst quarter of 2017. Th e median asking rent along the Sutphin Blvd stop jumped 7.7 percent to $1, 825. Apartments along Parsons Blvd rose 6.8 percent and apartments around the 168 St stop spiked 7.4 percent since last year. Median asking rent near the Jamaica – 179 St stop is $1,775, which refl ects a 7.6 percent increase. The boardwalk along Rockaway Beach was destroyed during Hurricane Sandy but the revitalized beach has attracted new visitors and residents. Th is peaked interest is refl ected in rent prices, which have risen since last year. Th e median asking rent has risen across every stop on the peninsula. Apartments along Beach 67 St saw a 9.3 percent increase in median rent, which translates to $1,475 per month. Along Beach 36 St, the median asking rent is now $1,500, which represents a 9.1 percent increase from last year. Far Rockaway – Mott Ave prices jumped 12.7 percent to $1,550. Prices from one stop to another can range wildly, and this map can help renters make informed decisions about where to move next. To view the interactive map with year-over-year changes, visit www.renthop.com/studies/nyc. Great rates like ours are always in season. 1.60% 24-Month CD APY1 $5,000 minimum deposit 1.90% 36-Month CD APY1 $5,000 minimum deposit To qualify you must have or open any Flushing Bank Complete Checking account.2 Get the complete access and control you desire with a competitive interest rate and banking on-the-go with our Flushing Bank Mobile3 app. For more information and to find out about our other great offers, visit your local Flushing Bank branch, call 800.581.2889 or visit www.FlushingBank.com. Small enough to know you. Large enough to help you. 1. New money only. APY effective April 10, 2017. Annual percentage yield assumes principal and interest remain on deposit for a full year at current rate. Minimum deposit balance of $5,000 is required. Funds cannot be transferred from an existing Flushing Bank account. Premature withdrawals may be subject to bank and IRS penalties. Rates and offer are subject to change without notice. 2. A Flushing Bank checking account with a $5,000 minimum balance is required to receive the advertised rate. Certain fees, minimum balance requirements and restrictions may apply. For new IRA and rollover accounts, the minimum deposit balance is $5,000. A checking account is not required for IRA accounts. Speak with a Flushing Bank representative for more details. 3. Flushing Bank Mobile Banking is available to all Flushing Bank online banking users. Mobile carrier fees may apply. Flushing Bank is a registered trademark
SC04202017
To see the actual publication please follow the link above