Tag Archives: Real Estate

House of the Day: Little Neck Colonial – 4 Bedrooms, 3.5 Bathrooms


| jlane@queenscourier.com

Copyright (C), Multiple Listing Service of Long Island, Inc, 2004

LITTLE NECK, NY 11362
Total Taxes: $7,338
List Price: $1,228,000

SEC/AREA: Littleneck Hill
Colonial, Detached, # Families: 1
9.0 rooms, 4 Bedrooms , 3 Full Baths , 1 Half Baths

School District: Community District 26
Year Built: 1980

Construction: Brick
Lot Size: 50 X 100
Appearance: Excellent

Interior Features
Eat-in kitchen
Dining room: Formal
Den/Family room
Full Finished Basement
Stove, Washer, Refrigerator, Dishwasher, Dryer
2 Fireplaces
Fuel/Heat Type: Gas, Ha
A/C: Cac

Contact Info

Toula Polios
Toula Polios Realty Group LLC

24812 Northern Blvd Ste 204
Little Neck, NY 11362

Tel: 718-683-3700

Refer to MLS Number 2482059

Astoria Retail Building Is For Sale On Steinway Street Priced at $5.5 Million


| jlane@queenscourier.com

A 6,497-square-foot one-story plus mezzanine and basement retail building, strategically located at 30-30 Steinway Street, which is Astoria, Queens’ main shopping thoroughfare, is on the market for sale exclusively through Eastern Consolidated priced at $5.5 million.

            Eastern Consolidated Senior Director Ronda Rogovin with Senior Financial Paul Nigido are promoting the sale of the property, a former bank building, which is triple net-leased to Sprint Spectrum LP until 2014, and which commands 37.5 feet of frontage along Steinway Street.

“Steinway Street is unquestionably Astoria’s busiest retail corridor,” said Ms. Rogovin who added that the 30-30 Steinway’s proximity to Manhattan is excellent via the N and Q trains at 30th Avenue, and by car via both the Triboro Bridge and the Brooklyn Queens Expressway.  “For anyone wishing a foothold in Astoria as it becomes more and more vibrant and popular, this is an excellent opportunity to invest in its most active commercial sector.”

National retailers along Steinway Street include Express, Zales Jewelry, Lane Bryant, Children’s Place, Sketchers, Bath and Body Works, Bennetton, Victoria Secret, Conways, and Footlocker among many more.

For further information about the offering, please contact Ms. Rogovin or Mr. Nigido at Eastern’s Midtown offices:  212 499-7700.

         

Eastern Consolidated

Founded in 1981, Eastern Consolidated is one of the country’s preeminent full-service real estate investment services firms, combining an unrivaled expertise in the greater New York marketplace with a worldwide roster of institutional and private investor clients.  Over the years, it has been responsible for the acquisition, disposition and finance of all types of properties, including office and apartment buildings, lofts, factories, hotels, shopping centers, commercial and residential development sites, taxpayers, parking garages and lots, retail condominiums and air rights transfers.

House of the Day: Holliswood Colonial: 5 Bedrooms, 4 Bathrooms


| jlane@queenscourier.com

Copyright (C), Multiple Listing Service of Long Island, Inc, 2004

 

190-04 Mclaughlin Ave
HOLLISWOOD, NY 11423
Total Taxes: $8,500
List Price: $1,890,888

 

Colonial, Detached, # Families: 1
9.0 rooms, 5 Bedrooms , 4 Full Baths , 2 Half Baths

 

School District: Community District 26
Year Built: 2011 , New Construction

 

Construction: Brick
Lot Size: 67.58X90.75
Appearance: Diamond

Interior Features
Eat-in kitchen
Dining room: Formal
Den/Family room
Home office
Full Finished Basement
Stove, Washer, Refrigerator, Dishwasher, Dryer
Fireplace
Wood Floors
Fuel/Heat Type: Gas, Other
A/C: Cac

Contact Info
Request a Showing
Simcha Murdakhaev

Exit Kingdom Realty
6856 Groton St
Forest Hills, NY 11375

Tel: 718-268-8868

Refer to MLS Number 2451287


Foreclosures down, Queens still hit hard


| aaltman@queenscourier.com

THE COURIER/Photos by Alexa Altman

While foreclosures across New York City continue along the downward trend that started in 2010, Queens was the borough with the highest share of first-time foreclosures in the first quarter of 2012.

According to a spokesperson from Property Shark, the 82 newly-scheduled foreclosure auctions in Queens account for 39 percent of New York City’s total foreclosure activity.

Foreclosures across New York City have gone down 18 percent from the first quarter in 2011 to the same time this year.

According to Laura Gatea of Property Shark, when an owner fails to make three consecutive mortgage payments, he or she receives a pre-foreclosure document, called a lis pendens. This informs the owner that the home is in danger of being foreclosed. In New York City, it takes at least one year for a property to go from the lis pendens stage to the foreclosure auction stage, during which time the owner can either make payments or sell the home.
If the owner does nothing, the home is sold at auction or repossessed by the bank.

The Sixth Congressional District, spanning southeastern Queens, remains the epicenter of the foreclosure crisis.

Silvan Scarlett, a Jamaica resident, lives in a home that is listed for foreclosure. Scarlett, who rents the place with his wife and 17-year-old daughter, said he knew the owner had stopped making payments when a bank representative showed up at their home and told him the payments were delinquent.

Soon after, a real estate company representative visited their home to explain the process of foreclosure, telling Scarlett that he and his family either needed to vacate the premises immediately or purchase or rent the home from the bank.
Scarlett has begun searching for a new place to live.

A representative from Congressmember Gregory Meeks’ office stated that in 2008, while the housing crisis was in full force, they found that their constituents would let their homes go all the way to auction without speaking to the bank, claiming it was a matter of fear, pride and a feeling of failure.
According to Meeks’ office, southeast Queens was hit particularly hard because of the area’s nice homes and working-class families.
Hurt by predatory lending, the buyers, many of whom were first-time homeowners, were put into subprime product. As payments on the homes began to escalate, owners could not afford to make them.

Meeks opened his office to those facing foreclosure, expanding his hours and allowing mortgage foreclosure counselors to come in to assist constituents while negotiating with banks. The office was able to successfully assist many area families in crisis, realizing that they needed to spread their services even further.

Meeks, a senior member of the Financial Services Committee and House Foreign Affairs Committee, is urging homeowners in distress to consult the Neighborhood Assistance Corporation of American (NACA) and attend the Save The Dream event.

At the Save the Dream event, to be held at the Javits convention center in Manhattan on April 26, bank representatives from various locations will spend five days considering whether or not to modify applicants loans.

In Queens alone, 36,590 homes are listed as pre-foreclosures, according to the representative. Throughout New York City, 94,890 properties are at risk.

 

House of the Day: Jamaica Estates – Dutch Colonial: 4 Bedrooms, 2 Bathrooms


| jlane@queenscourier.com

Copyright (C), Multiple Listing Service of Long Island, Inc, 2004

85-21 Aspen Pl
JAMAICA ESTATES, NY 11432
Total Taxes: $3,800
List Price: $699,000

SEC/AREA: Homelawn
Colonial, Detached, # Families: 1
10.0 rooms, 4 Bedrooms , 2 Full Baths

School District: Community District 18
Year Built: 1929

 

Construction: Siding
Lot Size: 46 X 125

Interior Features
Eat-in kitchen
Dining room: Formal
Den/Family room
Full Basement
Stove, Washer, Refrigerator, Dryer
Fireplace
Fuel/Heat Type: Gas, Steam

Contact Info

Mohammad S Pasha
Radha Tharoor

 
Real Estate Advisory Company
7 Stanley Ln
New Hyde Park, NY 11040

Tel: 516-462-9540

Refer to MLS Number 2485030

 

 

 

House of the Day: Jamaica Estates – Colonial 4 Bedrooms, 2 Bathrooms


| jlane@queenscourier.com

Copyright (C), Multiple Listing Service of Long Island, Inc, 2004

JAMAICA ESTATES, NY 11432
Total Taxes: $6,900
List Price: $1,395,000

 

Colonial, Detached, # Families: 1
8.5 rooms, 4 Bedrooms , 2 Full Baths , 2 Half Baths

 

School District: Community District 26
Year Built: 1935

 

Construction: Brick
Lot Size: 57X172
Appearance: Mint

Eat-in kitchen
Dining room: Formal
Den/Family room
Home office
Full Finished Basement
Stove, Refrigerator
Fireplace
Wood Floors
Fuel/Heat Type: Gas, Hw
A/C: Cac

Contact Info

Roman .Davydov
Exit Realty First Choice
18032 Union Tpke
Fresh Meadows, NY 11366

Tel: 718-380-2500

Refer to MLS Number 2485012


One Murray Park – Really on the Park!


| ddynak@queenscourier.com

One Murray Park

We took this shot from across the park – John F. Murray Playground, that is – from 45 Rd (the back side of LIC Post Office). One Murray Park, at 11-25 45 Avenue, developed by the same team that brought Casa Vizcaya and yet-to-be-named new condo on 50th Ave, is a 6-story condominium accurately named after the park it overlooks. Pet lovers should flock to this one… it allegedly features two do washing rooms, as reported by Curbed. On the park AND special amenity for dogs is how you sell to western Queens’ dog loving apartment buyers with kids!

Industrial Properties vs. Development Sites


| stephen.preuss@cushwake.com

 

It has been a long time since Western Queens areas such as Long Island City were mainly a sleepy industrial area made up of truck parking lots and buildings actually used for manufacturing and storage facilities. The close proximity to Manhattan and all major thoroughfares and relatively cheaper pricing made this area an ideal location for many small to mid-size businesses for many years. Now most parking lots have been or will be slated for development sites and existing industrial buildings have or will be converted into sheek higher-end residential projects, hotels, mixed-use or office product.

We have seen a flight of industrial businesses to Eastern Queens in search or actual industrial user properties such as warehouses and land. Most of these properties which are in industrial areas in Long Island City have been turned into development properties. Their highest and best use are now for developers mostly looking for residential ground up development sites. Even though prices for buildable square footage have come down in the Western Queens market, most developers are still paying in excess of $100 per buildable square foot which in many cases far outweighs the $150 per actual in-place square footage a user can pay. As the market continues improving and construction credit and loans become more available, this trend will inevitably continue.

The flip side to this scenario is that more Easternly areas such as Maspeth, College Point, Flushing and Corona have scene an uptick in desirability for their industrial areas. Over the past several years since their Western neighbors have seen a development free-for-all, these industrial properties have seen their price per square foot nearly double consistently breaking through $100 per square foot for existing buildings. In fact, Flushing, averages over $150 per square foot for industrial buildings and close to $75 per foot just for land. Some notable industrial warehouse building sale transactions recently were: 112-20 14th Avenue in College Point sold for $136 per SF, 154-01/05 Barclay Avenue sold for $162 per SF, and 215-14 42nd Avenue in Bayside just sold for a $188 per SF!

House of the Day: Bayside – Colonial 3 Bedrooms, 2.5 Bathrooms


| jlane@queenscourier.com

Copyright (C), Multiple Listing Service of Long Island, Inc, 2004

49-01 217th St
BAYSIDE, NY 11364
Total Taxes: $5,000
List Price: $689,000

Colonial, Detached, # Families: 1
8.0 rooms, 3 Bedrooms , 2 Full Baths , 1 Half Baths

School District: Community District 26
Year Built: 1935

Construction: Brk/Stucco
Lot Size: 41X88
Appearance: Average

Interior Features
Eat-in kitchen
Dining room: Formal
Den/Family room
Full Finished Basement
Stove, Refrigerator, Dishwasher
Fireplace
Fuel/Heat Type: Gas, Hw
A/C: 3

Contact Info

Maureen Folan

Folan Real Estate Group Inc
17224 46th Ave
Flushing, NY 11358

Tel: 718-767-8200

Refer to MLS Number 2486062

House of the Day: Kew Gardens – Townhouse 7 Bedrooms, 4.5 Bathrooms


| jlane@queenscourier.com

Copyright (C), Multiple Listing Service of Long Island, Inc, 2004

80-55 Park Ln
KEW GARDENS, NY 11415
Total Taxes: $8,247
List Price: $3,125,000

 

Townhouse, Detached, # Families: 1
16.0 rooms, 7 Bedrooms , 4 Full Baths , 1 Half Baths

School District: Community District 28
Year Built: 1920

Construction: Brick
Lot Size: 70.08X125.50
Appearance: Diamond

 

Interior Features
Eat-in kitchen
Dining room: Formal
Den/Family room
Full Finished Basement
Stove, Washer, Refrigerator, Dishwasher, Dryer
Fireplace
Wood Floors
Fuel/Heat Type: Gas, Steam
A/C: Y

 

Contact Info

Boris Mikhailov

Dom Realty of NY Inc
10521 Metropolitan Ave
Forest Hills, NY 11375

Tel: 718-263-4700

Refer to MLS Number 2474493

House of the Day: Rego Park Colonial – 5 Bedrooms / 3 Bathrooms


| jlane@queenscourier.com

Copyright (C), Multiple Listing Service of Long Island, Inc, 2004

63-32 Bourton St
REGO PARK, NY 11374
Total Taxes: $5,094
List Price: $1,200,000

 

Colonial,  Detached, # Families: 1

10.0 rooms,  5 Bedrooms , 3 Full Baths , 1 Half Baths

School District: Community District 28
Year Built: 1930

Construction: Bricks
Lot Size: 50X100
Appearance: Excellent

 

Interior Features
Eat-in kitchen, 2 kitchens
Dining room: Formal
Den/Family room
Full Finished Basement
Stove, Washer, Refrigerator, Dishwasher, Dryer
Fireplace
Wall to Wall Carpet
Fuel/Heat Type: Gas, Steam
A/C: 4

 

Contact Info

Domingo P DeGuzman
Gemars Realty Corp

16031 Union Tpke
Fresh Meadows, NY 11366

Tel: 718-380-3500

Refer to MLS Number 2478938

House of the Day: Floral Park Ranch – 4 Bedrooms / 4 Bathrooms


| jlane@queenscourier.com

Copyright (C), Multiple Listing Service of Long Island, Inc, 2004

338 Plainfield Ave
FLORAL PARK, NY 11001
Total Taxes: $16,506
List Price: $1,174,900

 

Ranch, Detached, # Families: 1
11.0 rooms, 4 Bedrooms , 4 Full Baths

School District: Community District 22
Year Built: 1976

Construction: Brk/Mason
Lot Size: 49 X 184
Appearance: Mint

 

Interior Features
Eat-in kitchen
Dining room: Formal
Den/Family room
Full Finished Basement
Stove, Refrigerator, Dishwasher
3 Fireplaces
Wall to Wall Carpet
Skylight: 4
Fuel/Heat Type: Oil, –
A/C: Cac

 

Contact Info

Wayne D Schmidt
Cozy Homes Realty Inc

22501 Linden Blvd
Cambria Heights, NY 11411

Tel: 718-978-3300

Refer to MLS Number 2485409

House of the Day: Flushing – 5 Bedrooms / 4 Bathrooms


| jlane@queenscourier.com

Copyright (C), Multiple Listing Service of Long Island, Inc, 2004
50-16 Parsons Blvd
FLUSHING, NY 11355
Total Taxes: $9,061
List Price:  $1,680,000

Contemporary, Detached, # Families: 1
12.0 rooms, 5 Bedrooms , 4 Full Baths , 1 Half Baths

School District: Community District 25
Year Built: 2009 , New Construction

Construction: Brick
Lot Size: 70 X 100
Appearance: Excellent

 

Interior Features
Eat-in kitchen
Dining room: Formal
Den/Family room
Home office
Full Finished Basement
Stove, Washer, Refrigerator, Dishwasher
Fuel/Heat Type: Gas, Ha
A/C: Cac

 

Contact Info

Xiu Qin Shi
Wing Fung Home Realty Grp Inc

13514 Northern Blvd # 1F
Flushing, NY 11354

Tel: 718-886-8000

Refer to MLS Number 2485363

House of the Day: Bellerose Colonial – 4 Bedrooms / 3.5 Bathrooms


| jlane@queenscourier.com

Copyright (C), Multiple Listing Service of Long Island, Inc, 2004

81-52 247th St
BELLEROSE, NY 11426
Total Taxes: $5,944
List Price: $949,999

 

A Beautiful Spacious, Ready To Move In Home. Fabulous Open Layout. Huge Master Bedroom With Attached Bath. Plus 3 More Large Bedrooms And Common Baths. Prestigious Location. One Block Away From Union Tpke.

 

Interior Features
1 kitchen
Dining room: Formal
Den/Family room
Home office
Full Finished Basement
Stove, Washer, Refrigerator, Dishwasher, Dryer
Fireplace
Wood Floors
Fuel/Heat Type: Gas, Ha
A/C: Cac
Property Features
Det 1.0 car garage
Driveway: Pvt
Porch: Yes
Deck: Yes

Contact Info

FIRST FLAG Realty Inc
4 Hillside Blvd
New Hyde Park, NY 11040

Tel: 516-673-4388

Refer to MLS Number 2471916

Click Here to View More Info and Pictures

House of the Day: Astoria Colonial 3 Bedrooms 2 Baths


| jlane@queenscourier.com

Copyright (C), Multiple Listing Service of Long Island, Inc, 2004

ASTORIA, NY 11103
Total Taxes: $6,503
List Price: $1,450,000

 

SEC/AREA: Astoria-Lic
Colonial, Detached, # Families: 1
9.0 rooms, 3 Bedrooms , 2 Full Baths , 1 Half Baths

School District: Community District 30
Year Built: 1930

Construction: Brick
Lot Size: 75 X 100
Appearance: Excellent

 

Interior Features
Eat-in kitchen, 2 kitchens
Dining room: Formal
Den/Family room
Home office
Full Finished Basement
Stove, Washer, Refrigerator, Dishwasher, Dryer
Wood Floors
Fuel/Heat Type: Oil, Steam
A/C: Y

Contact Info

Michele D’Ancona

Visit the Listing’s Website

Belzak & Bodkin Realty Corp

146 Medford Ave
Patchogue, NY 11772

Tel: 631-758-0557
Visit Our Website     Email Office

Refer to MLS Number 2438551