Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Hollis

Queens · New York, NY

1 active listings · Median $735K

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Market Pulse — Hollis

What defines this market

A rental-heavy submarket with strong rent growth and sale values below the 5-year high.

Best for

value buyersstrong rent growth

Median asking rent in Hollis is $2,099/month, $1,089 below the 5-year high set in Feb 2024. Rents are up +5.2% year over year and +19.9% over the past 5 years. Median sale price stands at $735K, 12.6% below the 5-year high recorded in Dec 2024. Sale prices are down -12.6% year over year.

Rental snapshot

  • Median asking rent: $2,099/month ($1,089 below the 5-year high in Feb 2024)
  • Year-over-year rent change: +5.2%
  • 5-year rent change: +19.9%
  • Active rental listings: 9

For-sale snapshot

  • Median sale price: $735K (12.6% below the 5-year high in Dec 2024)
  • Year-over-year sale price change: -12.6%
  • Active for-sale listings: 6 (+200.0% YoY)
  • Active listings with a price cut: 26.7%
  • Recent monthly closed sales: 8

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 2025.

About Hollis

Hollis is a residential neighborhood in eastern Queens featuring Colonial, Tudor, and Cape Cod-style single-family homes with gardens and driveways, interspersed with modest apartment buildings near commercial corridors. The Long Island Rail Road's Hollis station on the Main Line provides direct com...

Quick Facts

BoroughQueens
Zip Code11423
SubwayBus service
Building TypesMixed

Transit, Schools & Commute

Subway Lines:

Stations: Bus service available


Market Report

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

Median Asking Price
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-12.6% YoY
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+5.2% YoY
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Median closed sale price by month

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Current Inventory Snapshot

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Price by Bedroom

Based on active listings in Hollis

TypeActive ListingsMedian PricePrice Range
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Active Listings

Properties in Hollis

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

Hollis Property Type Pages

Why Work With Milton in Hollis

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 Hollis 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

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Related Articles

Frequently Asked Questions about Hollis

The median sale price in Hollis is $735K. Sale prices are down 12.6% year over year.

No. The median sale price in Hollis is currently 12.6% below the 5-year high recorded in December 2024. That gap can favor buyers searching for value relative to the neighborhood's past peak.

Roughly 8 homes change hands each month in Hollis 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 Hollis is $2,099/month. Rents are up 5.2% year over year.

Median asking rent in Hollis is currently $1,089 below the 5-year high set in February 2024. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.

Median asking rent in Hollis has risen 19.9% 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 Hollis, median sale prices range across Hillcrest at $1.1M, Jamaica Estates at $1.1M, Queens Village at $750K, St. Albans at $737K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Hollis is served by the Bus service. The commute to Midtown Manhattan runs roughly 178 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 Hollis, 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: mcoste@kwnyc.com.

How I Can Help in Hollis

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 Hollis, I will guide you every step of the way.

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