property
Murray Hill Flushing Offers Value Near 7 Train Corridor
Properties near the 7 train corridor hold steady appeal for buyers seeking established blocks without Manhattan premiums.
How we reported this
Median sale prices for single-family homes in Murray Hill, Flushing, reached $1.05 million in the second quarter of 2026, according to data tracked by the Queens County Multiple Listing Service. That figure sits 12 percent below the citywide Queens average yet reflects a 7 percent year-over-year gain from the same period in 2025.
Buyers continue to weigh global market swings against steady local demand for established residential blocks. Flushing’s proximity to LaGuardia Airport and multiple subway lines keeps commuter traffic reliable even as national interest rates hover near 5.25 percent. Local agents report that listings in Murray Hill now spend an average of 28 days on the market, down from 41 days last summer.
Named blocks and community anchors
Transactions cluster along 150th Street and 35th Avenue, where homes back onto the edge of Kissena Park. The Flushing Main Street Business Improvement District runs programs that fund sidewalk repairs and seasonal lighting on nearby commercial strips. Two blocks east, the Queens Public Library’s Flushing branch hosts monthly homebuyer workshops that draw first-time purchasers from the surrounding zip codes.
These anchors support steady foot traffic without pushing residential prices into the territory seen in Long Island City or downtown Brooklyn. The local BID reported a 9 percent rise in foot traffic counts between January and May 2026, measured at its Roosevelt Avenue sensors.
Price evidence and buyer considerations
Recent closed sales include a three-bedroom at 35-24 150th Street that fetched $985,000 on June 12 after 22 days listed. A comparable four-bedroom two blocks north closed at $1.12 million in late May. Both figures remain below the $1.4 million median recorded for similar properties inside the 110th Precinct boundaries closer to the East River.
Prospective buyers should review the most recent tax assessments on the Department of Finance website before offers and schedule inspections focused on older sewer lines common to homes built before 1960. Agents recommend contacting the Flushing Chamber of Commerce for referrals to inspectors familiar with the neighborhood’s pre-war stock.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.