Overall, real estate in Long Island City gained 5.7% per year over the past 10 years for condos and coops. Also, Long Island City has been the fastest growing neighborhood in the country since 2010, adding over 20,000 residential units since then. Here is the market report for the decade:
You can watch my overview of the LIC market report here:
And finally if you are interested in Long Island City, check out my buyer’s guide to LIC https://therealestatenerd.com/real-estate-investement-in-long-island-city/
