
QUEENS — Rego Park has seen the biggest overall rent increase in the borough since February 2015 with average prices up 7.9 percent, according to a report by real estate group MNS.
One-bedroom apartments were going for $2,075 in February, compared with $1,865 during the same month in 2015.
Studios were up to $1,624 in February, compared to $1,527 in 2015.
Individual units weren't the only thing on the rise in the neighborhood. A 16-story Rego Park rental building at 62-60 99th St. was recently sold for $135 million, a record for the neighborhood.
Forest Hills saw the greatest drop in average rent for one-bedrooms in February, but also the largest increase for studios, according to the report.
One-bedroom apartments prices were down 2.57 percent to $2,045 in February compared with January and studios were up 1.18 percent to $1,552 during the same period.