Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Maspeth

Queens · New York, NY

4 active listings · Median $928K

$928K
Median Asking
$2,995/mo
Median Rent/Mo
4
Active Listings
64.5
Avg Days on Market

Monthly Snapshot

Live from REBNY/RLS

Calculating market narrative...

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Market Pulse — Maspeth

What defines this market

A mixed-stock submarket with rents at the 5-year high, sale values below the 5-year high, and sale listings sitting longer than a year ago.

Common search patterns

value buyerstight rental marketstrong rent growthhigh transaction volume

Median asking rent in Maspeth sits at $2,995/month, matching the 5-year high. Rents are up +10.9% year over year and +38.0% over the past 5 years. Median sale price stands at $928K, 14.0% below the 5-year high recorded in Jul 2024. Sale prices are down -2.9% year over year. Sale listings are clearing 19 days slower than at this point last year.

Rental snapshot

  • Median asking rent: $2,995/month (at the 5-year high)
  • Year-over-year rent change: +10.9%
  • 5-year rent change: +38.0%
  • Active rental listings: 65

For-sale snapshot

  • Median sale price: $928K (14.0% below the 5-year high in Jul 2024)
  • Condo vs co-op median: condos $390K / co-ops $305K
  • Year-over-year sale price change: -2.9%
  • Median days on market (sale): 64.5 days (19 days slower than a year ago)
  • Active for-sale listings: 54 (+35.0% YoY)
  • Active listings with a price cut: 18.5%
  • Recent monthly closed sales: 16

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 Jun 2026.

About Maspeth

Maspeth connects to major transit lines, including the LIRR and local subway service. The neighborhood features a mix of established single-family homes and mid-rise, multi-unit apartment buildings. It is situated within Queens near sizable neighborhood parks and bustling commercial thoroughfares.

In my 25+ years selling real estate across New York City, I use this Maspeth data in real negotiations, not just for a web page.

Quick Facts

BoroughQueens
Zip Code11378
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
$928,395
-2.9% YoY
Median Rent
$2,995/mo
+10.9% YoY
Price per Sq Ft
$829
Sale-to-List Ratio
94.0%

Price Trends

Median closed sale price by month

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Current Inventory Snapshot

Calculating market narrative...

Inventory & Activity
Active Listings54
Pending Sales3
New This Week0
New This Month1
Avg DOM64.5 days
Price Cut Rate18.5%
Recent Sales
Sold Last 30 Days1
Sold Last 90 Days2
Sale-to-List94.0%
Asking Prices
Median Asking$928,395
Average Asking$1,421,250
Median $/SqFt$829
Median Condo$390,000
Median Co-op$305,000
Property Mix
Condo: --Co-op: --Other: --

Price by Bedroom

Based on active listings in Maspeth

TypeActive ListingsMedian PricePrice Range
Studio0----
1 Bedroom0----
2 Bedrooms0----
3+ Bedrooms4$1,105,000$875K - $2.60M

Active Listings

Properties in Maspeth

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 is refreshed every 15 minutes per REBNY IDX requirements.

Nearby Neighborhoods

Maspeth Property Type Pages

Why Work With Milton in Maspeth

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 Maspeth 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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Frequently Asked Questions about Maspeth

The median sale price in Maspeth is $928K. Condos sit at a median of $390K and co-ops at $305K. Sale prices are down 2.9% year over year.

No. The median sale price in Maspeth is currently 14.0% below the 5-year high recorded in July 2024. That gap can favor buyers searching for value relative to the neighborhood's past peak.

Sale listings in Maspeth have a median of 64.5 days on market. That is 19 days slower than the same point a year ago. Roughly 18.5% of active listings have recorded a price cut, suggesting some negotiating room.

Maspeth is broadly balanced right now, with median days on market at 64.5 days and 18.5% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.

Maspeth offers both co-ops and condos. The two segments price similarly, with condos at a $390K median and co-ops at $305K.

Roughly 16 homes change hands each month in Maspeth 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 Maspeth is $2,995/month. Rents are up 10.9% year over year.

Yes. The median asking rent in Maspeth 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 Maspeth has risen 38.0% 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 Maspeth, median sale prices range across Ridgewood at $1.1M, Sunnyside at $865K, Woodside at $815K, Elmhurst at $310K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Maspeth is served by the Bus service. The commute to Midtown Manhattan runs roughly 65 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 Maspeth, 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: milton@miltoncoste.com.

How I Can Help in Maspeth

Milton Coste, Licensed Real Estate Associate Broker

Milton Coste

Licensed Real Estate 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 Maspeth, I will guide you every step of the way.

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