Queens · New York, NY
0 active listings · Median $1.1M
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A rental-heavy submarket with softening rents and rising sale prices.
Median asking rent in Hillcrest is $2,400/month, $1,675 below the 5-year high set in Aug 2018. Rents are down -5.9% year over year and -4.0% over the past 5 years. Median sale price stands at $1.15M, 2.2% below the 5-year high recorded in May 2022.
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 Oct 2023.
Hillcrest is a hilly residential Queens neighborhood of brick Tudor and Colonial homes, garden-apartment cooperatives, and mid-rise condominium buildings along the spine of the Jamaica Hills ridge. The F train at Parsons Boulevard and 169th Street stations provides subway access, and local buses con...
Stations: Bus service available
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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Based on active listings in Hillcrest
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Properties in Hillcrest
No listings currently available. Contact Milton
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.
Experience across NYC
Transactions closed
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 Hillcrest buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
"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."
"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."
The median sale price in Hillcrest 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 Hillcrest 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 7 homes change hands each month in Hillcrest 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 Hillcrest is $2,400/month. Rents are down 5.9% year over year.
Median asking rent in Hillcrest is currently $1,675 below the 5-year high set in August 2018. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Within walking or short-transit distance of Hillcrest, median sale prices range across Jamaica Estates at $1.1M, Fresh Meadows at $975K, Hollis at $735K, Queens at $635K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Hillcrest is served by the Bus service. The commute to Midtown Manhattan runs roughly 160 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 Hillcrest, 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].
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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 Hillcrest, I will guide you every step of the way.
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