Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

East Elmhurst

Queens · New York, NY

2 active listings · Median $1.1M

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Market Pulse — East Elmhurst

What defines this market

A rental-heavy submarket with strong rent growth and rising sale prices.

Best for

appreciating sale pricesstrong rent growth

Median asking rent in East Elmhurst is $3,050/month, $251 below the 5-year high set in Apr 2023. Rents are up +27.1% year over year and +43.5% over the past 5 years. Median sale price is $1.11M, near a 5-year high.

Rental snapshot

  • Median asking rent: $3,050/month ($251 below the 5-year high in Apr 2023)
  • Year-over-year rent change: +27.1%
  • 5-year rent change: +43.5%
  • Active rental listings: 8

For-sale snapshot

  • Median sale price: $1.11M
  • Active for-sale listings: 10 (+66.7% YoY)
  • Active listings with a price cut: 28.6%
  • Recent monthly closed sales: 5

Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.

Source: StreetEasy market data, through Feb 2025.

About East Elmhurst

East Elmhurst is a residential Queens neighborhood of two-story brick row houses and garden-apartment complexes between LaGuardia Airport and the Grand Central Parkway. The neighborhood is served by buses to the 7 train at Junction Boulevard and the M/R trains at Jackson Heights. Flushing Meadows Co...

Quick Facts

BoroughQueens
Zip Code11369
SubwayBus service
Building TypesMixed

Transit, Schools & Commute

Subway Lines:

Stations: Bus service available


Nearby Schools

SchoolGradesDist
I.S. 145 Joseph Pulitzer6-80.98 mi

Market Report

Live data from REBNY/RLS. Updated every 15 minutes.

Median Asking Price
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+104.3% YoY
Median Rent
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+27.1% YoY
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Price Trends

Median closed sale price by month

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Current Inventory Snapshot

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Property Mix
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Price by Bedroom

Based on active listings in East Elmhurst

TypeActive ListingsMedian PricePrice Range
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Active Listings

Properties in East Elmhurst

REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 1/1/1970.

Nearby Neighborhoods

East Elmhurst Property Type Pages

Why Work With Milton in East Elmhurst

25+ years

Experience across NYC

1,000+

Transactions closed

Since 2000

Active in Queens

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For East Elmhurst buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.

Reviews

"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."

JR
Verified Buyer
Google Review

"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."

MC
Verified Seller
Zillow Review

Map

Frequently Asked Questions about East Elmhurst

The median sale price in East Elmhurst is $1.1M. Year-over-year price comparisons swing meaningfully when monthly closed-sale counts are low, so a single recent month is best read alongside the longer-term price trend.

Yes. The median sale price in East Elmhurst sits within a few percent of the 5-year high. Pricing is firm and listings priced near the comparable median tend to clear with limited room for negotiation.

Roughly 5 homes change hands each month in East Elmhurst across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.

The overall median asking rent in East Elmhurst is $3,050/month. Rents are up 27.1% year over year.

Median asking rent in East Elmhurst is currently $251 below the 5-year high set in April 2023. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.

Median asking rent in East Elmhurst has risen 43.5% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.

Within walking or short-transit distance of East Elmhurst, median sale prices range across North Corona at $1.3M, College Point at $965K, Corona at $819K, Jackson Heights at $415K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

East Elmhurst is served by the Bus service. The commute to Midtown Manhattan runs roughly 87 minutes from Nearest bus stop.

Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like East Elmhurst, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: [email protected].

How I Can Help in East Elmhurst

Milton Coste, Licensed Associate Broker

Milton Coste

Licensed Associate Broker

Keller Williams NYC · NY #10301213304

25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in East Elmhurst, I will guide you every step of the way.

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