kin tsui: Sold - 1 bedroom Southridge Co-op - 06/29/10 01:57 AM
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kin tsui: Sold - 2 bedrooms 1.5 baths Carlyle Towers Co-op - 06/29/10 01:13 AM
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kin tsui: Market condition in Far Rockaway NY11691 - 06/27/10 01:42 AM
This is one of the serious stress-sale areas in Queens. Currently there are 71 2-family on the market 3 are REO, 22 short-sale. For 1-family 1 is REO, 16 short-sale. There is not many REO as last year and a lot less than 2 years ago. Is all the REO been sold or Banks hold off selling? I have no answer for that.
Inventory as at 06/26/10:
71 units of 2-family - median asking price $399,000 (16 months supply)*
39 units of 1-family - median asking price $299,000 (13 months supply)*
6 units of condo - median asking price $232,500 (72 months supply)*
4 units of … (0 comments)

kin tsui: For Sale - 2 bedrooms Sherwood Village Co-op - 06/26/10 04:31 PM
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kin tsui: For Sale - 3 bedrooms 1.5 bath Southridge Co-op - 06/24/10 04:43 AM
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kin tsui: World Cup Commercial - 06/22/10 12:58 AM
I love real estate, doing the business for 18 years already.
I love watching World Cup, the Commercials too. Every time around World Cup there would be many new commercials which is very entertaining.
McDonald - putting all old TVs into a huge screen. It is very creative.
Bud Light - use "Lost" theme, very funny.
Budweiser - fans making the picture to distract opponent, it cracked me up.
AT&T - ...if you do it right, it take just ... 1 second. "Second make all the difference", Inspiring.
Travellers - Take the scary out of your life
Allstate - The best … (0 comments)

kin tsui: For Sale - 3 bedrooms Mainstay Co-op - 06/20/10 02:53 PM
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kin tsui: Market condition in Flushing NY11355 - 06/18/10 02:34 PM
Single-family was moving well. 2-family, co-op is about 12-months' supply. Condo inventory level is very high.
Inventory as at 06/18/10:
42 units of 2-family - median asking price $1,049,000 (12 months supply)*
28 units of 1-family - median asking price $724,000 (6 months supply)*
133 units of condo - median asking price $429,000 (45 months supply)*
94 units of co-op - median asking price $249,000 (11 months supply)*
*Based on the closings in the period 6/1/09 - 5/31/10.
Units closed in the period 6/1/09 to 5/31/10:
41 units of 2-family - median selling price $770,000
54 units of 1 family - median selling price $567,500
35 units of … (1 comments)

kin tsui: Market condition in Flushing NY11354 - 06/09/10 02:17 AM
Inventory level is high, it will take almost a year to sell all the listings based on the previous 12-months' sales.
Inventory as at 06/08/10:
16 units of 2-family - median asking price $928,000 (12 months supply)*
43 units of 1-family - median asking price $749,000 (12 months supply)*
148 units of condo - median asking price $429,000 (41 months supply)*
118 units of co-op - median asking price $202,000 (11 months supply)*
*Based on the closings in the period 6/1/09 - 5/31/10.
Units closed in the period 6/1/09 to 5/31/10:
16 units of 2-family - median selling price $847,500
43 units of 1 family - median selling price … (0 comments)

kin tsui: For Sale - 2 bedrooms Northridge Co-op - 06/03/10 10:26 AM
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kin tsui: Sold - Studio at Sherwood Village Co-op - 05/28/10 02:06 PM

The unit is located at 99-14 59 Ave, #2L, Corona, NY 11368.
It was closed in December, 2009. Sold for $73,000.
The building was built 1961, with laundry room, sitting area, garage & parking lot (space is not available right away of course). It was managed by Andrea Bunis Management.
The unit is about 550 square feet. Maintenance is $492 including utilities.
View the virtual tour here .
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kin tsui: 2.8 millions was stolen - 05/25/10 03:27 PM
Few weeks ago I had 2.5 millions chips in the Facebook Zygna Texas Hold'em Poker game, it was stolen. I could not log into my Facebook account and my email account. I didn't pay much attention to it. But anyway I set an alert to notify through my cell phone.
Last week I received an alert on my cell phone notify me my email account password was changed. I reset my email's password immediately. Then I checked my Facebook, also hacked and another 300 grands chips was stolen.
I don't really know what is the purpose of those hackers, it seems going after … (1 comments)

kin tsui: Sold - 1 bedroom Mitchell GardenCo-op - 05/22/10 01:58 PM

The unit is located at 139-15 28 Rd, #5F, Flushing, NY 11354.
It was closed in May 2010. Asking $145,000. Sold for $139,000.
The building was built in 1952. The unit is about 650 square feet. Maintenance is $617 including utilities.
View the virtual tour.
Watch the video on YouTube.
(1 comments)

kin tsui: Market condition in Jackson Heights, NY11372 - 05/20/10 02:36 PM
Inventory level of 2-family houses is higher than single-family, condo and co-op indicating the lack of demand of investment properties or the more strict requirement by lenders than before.
Inventory as at 05/20/10:
25 units of 2-family - median asking price $789,000 (25 months supply)*
6 units of 1-family - median asking price $684,000 (9 months supply)*
19 units of condo - median asking price $335,000 (10 months supply)*
171 units of co-op - median asking price $229,000 (13 months supply)*
*Based on the closings in the previous 12-months.
Units closed in previous 12-months period 5/1/09 to 4/30/10:
12 units of 2-family - median selling price $703,500
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kin tsui: Housing Optimists Are "Not Paying Attention" to the Facts, Says Dean Baker - 05/18/10 08:23 PM
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kin tsui: The Housing "Recovery" Is Just Another Government Subsidy, Says Whalen - 05/18/10 08:19 PM
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kin tsui: For Sale - 1 bedroom Southridge Co-op - 05/16/10 04:57 AM
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kin tsui: Should I call 911? - 05/14/10 11:55 PM
It was a quiet residential street in Kew Garden Hills/Flushing, there would not be many walking traffic normally.
If you saw more than 20 people gathering on the street, yelling, pushing each other, would you call 911?




After one or two minutes, cars stopped and they still didn't move. I didn't want bad thing happened before it was too late, so I called 911.
After few minutes they left liked nothing happened.


But that is not the end of my story. The worst thing happened was no police ever showed up. After the Crowd left, I … (3 comments)

kin tsui: For Sale - 2 bedrooms 1.5 baths Southridge co-op - 05/14/10 12:50 PM
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kin tsui: For Sale - 1 bedroom NB Owner Co-op - 05/13/10 09:08 AM
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Kin Tsui (EMC Long Island Realty) Rainmaker large

Kin Tsui

Massapequa Park, NY

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EMC Long Island Realty

Address: 5020 Sunrise Hwy, Suite 224, Massapequa Park, NY, 11762

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