Queens investment sales reached $2.6 billion in the first half of 2026, up 49% year over year. Development sites and several large transactions—including a major Flushing retail sale—were key drivers of the increase.

The Flushing residential market continues to showcase its exceptional strength as another major development project secures substantial institutional backing. Prominent developer Century Development Group has successfully closed a $43.4 million construction loan to fund its upcoming mixed-income residential development. Located at 135-01 35th Avenue in Flushing, Queens, the planned 143,232-square-foot building will yield 116 premium units, featuring a high-quality mix of cond