Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Little Neck

Queens · New York, NY

4 active listings · Median $450K

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Market Pulse — Little Neck

What defines this market

A primarily co-op submarket with rents at the 5-year high and rising sale prices.

Best for

first-time buyersinvestorsvalue buyerstight rental market

Median asking rent in Little Neck sits at $4,098/month, matching the 5-year high. Median sale price stands at $450K, 51.6% below the 5-year high recorded in May 2024. Sale prices are up +23.3% year over year.

Rental snapshot

  • Median asking rent: $4,098/month (at the 5-year high)
  • 5-year rent change: +57.6%
  • Active rental listings: 1

For-sale snapshot

  • Median sale price: $450K (51.6% below the 5-year high in May 2024)
  • Year-over-year sale price change: +23.3%
  • Median days on market (sale): 66 days
  • Active for-sale listings: 11 (-38.9% YoY)
  • Active listings with a price cut: 5.6%
  • Recent monthly closed sales: 6

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 Jul 2024.

About Little Neck

Little Neck features Cape Cod, Tudor Revival, and colonial-style homes built between the 1920s and 1960s, set on low-traffic residential blocks near the borough's highest point at Little Neck Hills. The LIRR station provides 30-minute commutes to Penn Station, and the 635-acre Alley Pond Park and Ud...

Quick Facts

BoroughQueens
Zip Code11362
SubwayBus service
Building TypesMixed

Transit, Schools & Commute

Subway Lines:

Stations: Bus service available


Market Report

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

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+23.3% YoY
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Price by Bedroom

Based on active listings in Little Neck

TypeActive ListingsMedian PricePrice Range
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Active Listings

Properties in Little Neck

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

Little Neck Property Type Pages

Why Work With Milton in Little Neck

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 Little Neck 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 Little Neck

The median sale price in Little Neck is $450K. Co-op sales make up the bulk of activity, with a median of $380K. Sale prices are up 23.3% year over year.

No. The median sale price in Little Neck is currently 51.6% below the 5-year high recorded in May 2024. That gap can favor buyers searching for value relative to the neighborhood's past peak.

Sale listings in Little Neck have a median of 66 days on market. Only 5.6% of active listings have a price cut on record, signaling tight pricing.

Little Neck is broadly balanced right now, with median days on market at 66 days and 5.6% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.

Little Neck is primarily a co-op market, with the median sale price at $380K. Condo inventory is limited.

Roughly 6 homes change hands each month in Little Neck 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 Little Neck is $4,098/month.

Yes. The median asking rent in Little Neck is currently at the 5-year high. Tenants searching the neighborhood right now are competing in a market priced at peak.

Median asking rent in Little Neck has risen 57.6% 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 Little Neck, median sale prices range across Douglaston at $1.4M, Clearview at $980K, Oakland Gardens at $390K, Glen Oaks at $360K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Little Neck is served by the Bus service. The commute to Midtown Manhattan runs roughly 199 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 Little Neck, 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 Little Neck

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 Little Neck, I will guide you every step of the way.

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