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Forest Hills & Rego Park multifamily & commercial real estate market

Recorded sales, prices, construction, lending and ownership for income and commercial property in Forest Hills & Rego Park, updated monthly from NYC public records. Data through July 2026. Covers Forest Hills and Rego Park.

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$529.7M83 sales, last 12 months▲ 186% YoY
$606Median price / sq ft▲ 3.4% YoY
$533KMedian price / unit (multifamily)▼ 0.8% YoY
2Off-market listings on Crezly now
September 2026 summary

83 income-property sales were recorded in Forest Hills & Rego Park over the 12 months ending July 2026, up 5.1% from the prior 12 months, with dollar volume of $529.7M, up 186%. The median price per square foot was $606, up 3.4%, while the median price per residential unit for multifamily and mixed-use properties was $533K, down 0.8%. DOB construction permits totaled 676, down 5.5%. 2.9% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or higher, matching the citywide share of 2.9%. JPMorgan Chase Bank, N.A. was the most active lender, with 28 mortgages recorded.

Market trends

Recorded sales volume by month

August 2024 – July 2026. Hover or tap a month for its figure.

$0$100M$200M$300M$400MAugust 2024: $17.7M in recorded salesSeptember 2024: $27.9M in recorded salesOctober 2024: $20.7M in recorded salesNovember 2024: $25.7M in recorded salesDecember 2024: $23.9M in recorded salesJanuary 2025: $2.3M in recorded salesFebruary 2025: $11.3M in recorded salesMarch 2025: $8.5M in recorded salesApril 2025: $6.6M in recorded salesMay 2025: $7.4M in recorded salesJune 2025: $5.5M in recorded salesJuly 2025: $27.6M in recorded salesAugust 2025: $12.8M in recorded salesSeptember 2025: $3.2M in recorded salesOctober 2025: $4.3M in recorded salesNovember 2025: $88.8M in recorded salesDecember 2025: $77.1M in recorded salesJanuary 2026: $23.9M in recorded salesFebruary 2026: $37.7M in recorded salesMarch 2026: $13.5M in recorded salesApril 2026: $15.1M in recorded salesMay 2026: $234.3M in recorded salesJune 2026: $11.7M in recorded salesJuly 2026: $7.3M in recorded sales$7.3MOct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
$0$100M$200M$300M$400MAugust 2024: $17.7M in recorded salesSeptember 2024: $27.9M in recorded salesOctober 2024: $20.7M in recorded salesNovember 2024: $25.7M in recorded salesDecember 2024: $23.9M in recorded salesJanuary 2025: $2.3M in recorded salesFebruary 2025: $11.3M in recorded salesMarch 2025: $8.5M in recorded salesApril 2025: $6.6M in recorded salesMay 2025: $7.4M in recorded salesJune 2025: $5.5M in recorded salesJuly 2025: $27.6M in recorded salesAugust 2025: $12.8M in recorded salesSeptember 2025: $3.2M in recorded salesOctober 2025: $4.3M in recorded salesNovember 2025: $88.8M in recorded salesDecember 2025: $77.1M in recorded salesJanuary 2026: $23.9M in recorded salesFebruary 2026: $37.7M in recorded salesMarch 2026: $13.5M in recorded salesApril 2026: $15.1M in recorded salesMay 2026: $234.3M in recorded salesJune 2026: $11.7M in recorded salesJuly 2026: $7.3M in recorded sales$7.3MJan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthSalesVolume
August 202410$17.7M
September 20247$27.9M
October 20248$20.7M
November 202410$25.7M
December 20249$23.9M
January 20253$2.3M
February 20256$11.3M
March 20257$8.5M
April 20252$6.6M
May 20256$7.4M
June 20254$5.5M
July 20257$27.6M
August 20259$12.8M
September 20253$3.2M
October 20254$4.3M
November 202510$88.8M
December 202512$77.1M
January 20268$23.9M
February 20268$37.7M
March 20265$13.5M
April 20267$15.1M
May 20264$234.3M
June 20268$11.7M
July 20265$7.3M

Median price per square foot

Rolling 3-month median of recorded sales with a building area. Gaps mean fewer than five priced sales.

$400$600$800August 2024: $574 per sq ft (3-month median)September 2024: $564 per sq ft (3-month median)October 2024: $554 per sq ft (3-month median)November 2024: $544 per sq ft (3-month median)December 2024: $507 per sq ft (3-month median)January 2025: $526 per sq ft (3-month median)February 2025: $517 per sq ft (3-month median)March 2025: $551 per sq ft (3-month median)April 2025: $587 per sq ft (3-month median)May 2025: $635 per sq ft (3-month median)June 2025: $657 per sq ft (3-month median)July 2025: $661 per sq ft (3-month median)August 2025: $636 per sq ft (3-month median)September 2025: $575 per sq ft (3-month median)October 2025: $589 per sq ft (3-month median)November 2025: $548 per sq ft (3-month median)December 2025: $612 per sq ft (3-month median)January 2026: $599 per sq ft (3-month median)February 2026: $640 per sq ft (3-month median)March 2026: $627 per sq ft (3-month median)April 2026: $638 per sq ft (3-month median)May 2026: $568 per sq ft (3-month median)June 2026: $606 per sq ft (3-month median)July 2026: $606 per sq ft (3-month median)$606Oct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
$400$600$800August 2024: $574 per sq ft (3-month median)September 2024: $564 per sq ft (3-month median)October 2024: $554 per sq ft (3-month median)November 2024: $544 per sq ft (3-month median)December 2024: $507 per sq ft (3-month median)January 2025: $526 per sq ft (3-month median)February 2025: $517 per sq ft (3-month median)March 2025: $551 per sq ft (3-month median)April 2025: $587 per sq ft (3-month median)May 2025: $635 per sq ft (3-month median)June 2025: $657 per sq ft (3-month median)July 2025: $661 per sq ft (3-month median)August 2025: $636 per sq ft (3-month median)September 2025: $575 per sq ft (3-month median)October 2025: $589 per sq ft (3-month median)November 2025: $548 per sq ft (3-month median)December 2025: $612 per sq ft (3-month median)January 2026: $599 per sq ft (3-month median)February 2026: $640 per sq ft (3-month median)March 2026: $627 per sq ft (3-month median)April 2026: $638 per sq ft (3-month median)May 2026: $568 per sq ft (3-month median)June 2026: $606 per sq ft (3-month median)July 2026: $606 per sq ft (3-month median)$606Jan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthMedian $/sf (3-mo)
August 2024$574
September 2024$564
October 2024$554
November 2024$544
December 2024$507
January 2025$526
February 2025$517
March 2025$551
April 2025$587
May 2025$635
June 2025$657
July 2025$661
August 2025$636
September 2025$575
October 2025$589
November 2025$548
December 2025$612
January 2026$599
February 2026$640
March 2026$627
April 2026$638
May 2026$568
June 2026$606
July 2026$606

Construction permits issued

Initial DOB NOW permits for construction work (sheds, fences, scaffolds and signs excluded) — a leading indicator of repositioning and new supply.

0255075100August 2024: 82 construction permitsSeptember 2024: 83 construction permitsOctober 2024: 62 construction permitsNovember 2024: 52 construction permitsDecember 2024: 44 construction permitsJanuary 2025: 57 construction permitsFebruary 2025: 42 construction permitsMarch 2025: 60 construction permitsApril 2025: 43 construction permitsMay 2025: 60 construction permitsJune 2025: 62 construction permitsJuly 2025: 68 construction permitsAugust 2025: 52 construction permitsSeptember 2025: 62 construction permitsOctober 2025: 80 construction permitsNovember 2025: 55 construction permitsDecember 2025: 66 construction permitsJanuary 2026: 65 construction permitsFebruary 2026: 29 construction permitsMarch 2026: 50 construction permitsApril 2026: 40 construction permitsMay 2026: 54 construction permitsJune 2026: 71 construction permitsJuly 2026: 52 construction permits52Oct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
0255075100August 2024: 82 construction permitsSeptember 2024: 83 construction permitsOctober 2024: 62 construction permitsNovember 2024: 52 construction permitsDecember 2024: 44 construction permitsJanuary 2025: 57 construction permitsFebruary 2025: 42 construction permitsMarch 2025: 60 construction permitsApril 2025: 43 construction permitsMay 2025: 60 construction permitsJune 2025: 62 construction permitsJuly 2025: 68 construction permitsAugust 2025: 52 construction permitsSeptember 2025: 62 construction permitsOctober 2025: 80 construction permitsNovember 2025: 55 construction permitsDecember 2025: 66 construction permitsJanuary 2026: 65 construction permitsFebruary 2026: 29 construction permitsMarch 2026: 50 construction permitsApril 2026: 40 construction permitsMay 2026: 54 construction permitsJune 2026: 71 construction permitsJuly 2026: 52 construction permits52Jan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthPermits
August 202482
September 202483
October 202462
November 202452
December 202444
January 202557
February 202542
March 202560
April 202543
May 202560
June 202562
July 202568
August 202552
September 202562
October 202580
November 202555
December 202566
January 202665
February 202629
March 202650
April 202640
May 202654
June 202671
July 202652

What trades here

Share of recorded sales by asset class, last 12 months.

Multifamily: 63 sales (76%)Multifamily76% · 63Retail: 9 sales (11%)Retail11% · 9Mixed Use: 8 sales (10%)Mixed Use10% · 8Office: 2 sales (2%)Office2% · 2Other: 1 sales (1%)Other1% · 1
Multifamily: 63 sales (76%)Multifamily76% · 63Retail: 9 sales (11%)Retail11% · 9Mixed Use: 8 sales (10%)Mixed Use10% · 8Office: 2 sales (2%)Office2% · 2Other: 1 sales (1%)Other1% · 1
Show the data
Asset classSales
Multifamily63
Retail9
Mixed Use8
Office2
Other1

Seller distress

2.9% of 3,018 multifamily and mixed-use parcels in Forest Hills & Rego Park carry a Motivated-Seller Score of 10+ as of September 2026, unchanged from 2.9% in August 2026. Citywide the figure is 2.9%.

The score weighs estimated loan maturity, tax liens, open HPD violations, evictions, ownership tenure and transfer activity. It is a signal, not a prediction.

See the parcels behind this number →

Biggest sales last quarter

PropertyTypeRecordedPrice
96-05 Queens BoulevardRetailMay 2026$229.6M
98-22 Metropolitan AvenueRetailJun 2026$2M
99-32 63 AvenueMultifamilyJun 2026$2M
118-12 Queens BoulevardMixed UseMay 2026$2M
67-39 108 StreetMixed UseJul 2026$1.9M

Most active lenders

Institutional mortgages recorded in the last 12 months.

  1. JPMorgan Chase Bank, N.A.28 loans · $18.3M
  2. Citizens Bank NA26 loans · $18.5M
  3. National Consumer Cooperative Bank16 loans · $38.6M
  4. TD Bank NA13 loans · $6M
  5. Rocket Mortgage, LLC11 loans · $5.3M
Lender directory →

Largest owners

Income-property parcels held, public record (companies only).

  1. Forest Hills South Owners INC7 parcels · 624 units
  2. Walden Terrace, INC.6 parcels · 840 units
  3. 76th Road LLC6 parcels · 22 units
  4. Burns St Owners Corp5 parcels · 120 units
  5. Gcpkop LLC5 parcels · 15 units
Largest Queens landlords → · Owner directory

Off-market deals in Forest Hills & Rego Park

$1.1M2 Family Rego Park2 units
$6.9MForest Hills

All 2 listings in Forest Hills & Rego Park →

Frequently asked questions

What is the price per square foot for commercial and multifamily property in Forest Hills & Rego Park?

The median recorded sale was $606 per square foot across 82 priced income-property sales in the 12 months to July 2026, up 3.4% on the prior year.

How much do multifamily buildings sell for per unit in Forest Hills & Rego Park?

Multifamily and mixed-use buildings sold for a median of $533K per residential unit in the 12 months to July 2026, across 71 recorded sales.

How many commercial real estate sales were there in Forest Hills & Rego Park last year?

83 income-property sales worth $529.7M were recorded in the 12 months to July 2026 (deeds of $100,000 or more, excluding single-family homes and condo units).

Who lends on commercial property in Forest Hills & Rego Park?

The most active institutional lender over the last 12 months was JPMorgan Chase Bank, N.A., with 28 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.

Track Forest Hills & Rego Park deals as they happen

New sales, permits, off-market listings and distress signals, in one weekly brief.
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Nearby neighborhoods

Property records in Forest Hills & Rego Park

Queens market · NYC market overview · Queens property records index · Motivated sellers · Lender directory · Property map

Compiled by Crezly from NYC public records: ACRIS deeds and mortgages (recorded through July 2026), DOB NOW permits, PLUTO and HPD. Sales are recorded deeds of $100,000+ on income and commercial property (multifamily incl. two-family, mixed-use, retail, office, industrial, development, hospitality); single-family homes and condo units are excluded. Staten Island deeds are recorded by the Richmond County Clerk and are not in ACRIS. Neighborhoods follow NYC Community District boundaries. Not legal, financial or investment advice.