Property Prices in Forest Hills, Queens (11385)

Analysis of recent property sales — NYC Department of Finance data, all 5 boroughs

Last updated: 03/13/2026
$990,000
Median Price
$1,440,464
Average Price
738
Transactions
$445
Avg. Price / Sq Ft

Average Property Price in Forest Hills

The average property price in Forest Hills, Queens (11385) is $1,440,464, based on 738 transactions recorded by the NYC Department of Finance. The median price is $990,000, giving a price range from $35,000 to $72,000,000.

The average price per square foot is $445.

Transaction Volume (Last 12 Months)

25-01 25-04 25-07 25-10

Recent Sales

Date Price Type Address Sq Ft $/Sq Ft
2025-12-22 $845,000 2-Family 61-29 Cooper Avenue 1,398 $604
2025-12-22 $1,200,000 2-Family 75-27 61 Street 2,280 $526
2025-12-19 $915,000 1-Family 78-30 64 Lane 1,300 $704
2025-12-19 $1,435,000 2-Family 89-04 Doran Avenue 3,501 $410
2025-12-19 $1,400,000 Other 9-81 Wyckoff Avenue 4,500 $311
2025-12-17 $1,325,000 3-Family 61-53 Gates Avenue 3,492 $379
2025-12-16 $475,000 Elevator Apt 77-34 113Th St, 6H — —
2025-12-16 $900,000 Walk-up 1731 Greene Avenue 4,875 $185

NYC Transfer Tax Calculator for 11385

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NYC Transfer Tax
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NYS Transfer Tax
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Mansion Tax
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Total Transfer Taxes
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Effective Rate

NYC RPTT: 1% (≤$500K) or 1.425% (>$500K). NYS: 0.4%. Mansion Tax: 1% (≥$1M). Does not include mortgage recording tax.

Estimated Rental Yield in Forest Hills

3.0%
Estimated Gross Rental Yield
Based on median price of $990,000 and average Queens monthly rent of $2,500/month ($30,000/year).
Source: NYC rental market averages. Actual yields vary by property type and condition.
View all 738 comparable sales →

Nearby ZIP Codes in Queens

11001
Bellerose 11004
Bellerose 11005
Glen Oaks 11040
Floral Park 11101
Astoria 11102
Astoria

Frequently Asked Questions

What is the average property price in 11385?
The average property price in Forest Hills, Queens (11385) is $1,440,464, with a median price of $990,000. This is based on 738 recent transactions recorded by the NYC Department of Finance.
How many properties were sold in 11385?
There have been 738 property transactions recorded in Forest Hills, Queens (11385) in the most recent data period, according to NYC Department of Finance records.
What are the transfer taxes when buying property in NYC?
When buying property in NYC, you may owe: NYC Real Property Transfer Tax (1% for sales ≤$500K, 1.425% for sales >$500K), New York State Transfer Tax (0.4%), and Mansion Tax (1% for sales ≥$1M, with higher brackets above $2M). Use the calculator above for an estimate.
What is the rental yield in 11385?
The estimated gross rental yield in Forest Hills, Queens (11385) is 3.0%, calculated from a median property price of $990,000 and average Queens rents of $2,500/month.