real estate: Market condition in East Elmhurst, NY 11369
- 12/22/08 11:20 AM
Inventory as at 12/21/08:
128 units of 2 family - median asking price $699,000
89 units of 1 family - median asking price $529,000
4 units of co-op - median asking price $167,000
Units closed in the 6 months period from 6/1/08 to 11/30/08:
23 units of 2 family - median selling price $555,000
18 units of 1 family - median selling price $440,950
3 units of co-op - median selling price $169,000
Units closed in the 6 months period from 12/1/07 to 5/31/08:
18 units of 2 Family - median selling price $644,500
14 units of 1 Family - … (0 comments)
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real estate: National Wholesale Liquidators
- 12/22/08 03:27 AM
This is one of my favorite stores. Their price is cheaper than Target or Home Depot. I used to go to the store on Kissena Blvd. It is too bad they have to file for Chapter 11 Bankruptcy too.
In the meltdown of the economy, having cash is important. Credit is not reliable; like the case of the discount retailer, their available credit was cut by GE according to RetailerDaily.com.
So should people buy real estate now? Well if it is for self-occupied, I would say it doesn't matter, in my opinion paying mortgage is always better than paying rent. … (0 comments)
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real estate: Market condition in Corona, NY 11368
- 12/21/08 05:30 AM
Inventory as at 12/20/08:
211 units of 2 family - median asking price $699,000
38 units of 1 family - median asking price $534,000
105 units of condo - median asking price $365,000
35 units of co-op - median asking price $169,000
Units closed in the 6 months period from 6/1/08 to 11/30/08:
29 units of 2 family - median selling price $600,000
6 units of 1 family - median selling price $410,000
8 units of condo - median selling price $310,000
13 units of co-op - median selling price $175,000
Units closed in the 6 months period from 12/1/07 to … (0 comments)
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real estate: Market condition in Elmhurst, NY 11373
- 12/21/08 03:13 AM
Inventory as at 12/20/08:
58 units of 2 family - median asking price $777,500
28 units of 1 family - median asking price $604,000
36 units of condo - median asking price $398,500
58 units of co-op - median asking price $218,000
Units closed in the 6 months period from 6/1/08 to 11/30/08:
22 units of 2 family - median selling price $780,000
13 units of 1 family - median selling price $585,000
14 units of condo - median selling price $381,615
44 units of co-op - median selling price $191,000
Units closed in the 6 months period from 12/1/07 to … (0 comments)
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real estate: No line in BJ Wholesale Club
- 12/21/08 03:09 AM
This photo was taken in the College Point store.
May be people rushing to shopping for Christmas gift in the last weekend.
May be it was the weather.
May be people just cutting more spending.
No matter what the reason is, their earning will be hurt with this scene. I am afraid their stock price will go below the 50-days moving average and hit 52-weeks low. Until then the stock market will go further down, so as the real estate market.
We are in a recession, we are in a bear market. No company will immune from it. Right now … (0 comments)
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real estate: Price drop in Queens is not that serious as Nassau & Suffolk
- 12/20/08 10:29 AM
Median Prices in all Long Island Area are going down further comparing to last year:
................ Nov 2008 .... Nov 2007
Queens ... $390,000 ... $417,800 (-6.65%)
Nassau ... $410,000 ... $461,500 (-11.16%)
Suffolk ... $335,000 ... $387,300 (-13.50%)
There are less inventory, but transactions are less comparing to last year & last month:
..................... Inventory ...................... Units in contract ............. Months Supply
................ 11/08 ..... 11/07 ........ 11/08 .... 10/08 ...... 11/07
Queens .... 11238 ..... 11619 .......... 437 ........ 572 ......... 568 ............. 25.7
Nassau ....... 9711 ...... 9856 .......... 576 ........ 689 ......... 702 ............. 16.9
Suffolk .... … (0 comments)
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real estate: 2 bedrooms in Utopia Tenant Co-op
- 11/12/08 03:00 PM
This co-op is located in Flushing, NY11358, on 39 Ave between Utopia Parkway & Francis Lewis Blvd. The location is closely to Long Island Railroad Station.
It is Garden Style walk-up 2 stories building managed by Rachlin Management.
The maintenance includes electricity, gas, water, heat and real estate tax.
Asking price is $229,000. Virtual tour is on our web site www.KinRealEstate.com
… (0 comments)
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real estate: Median price dropped 14.2% in Oct 08
- 11/12/08 02:11 PM
Median Price in Queens on closed properties in October 2008 dropped 14.2% comparing to October last year. Inventory level is slightly less than last October.
.... Oct 2008 .... Oct 2007
Queens ... $385,000 ... $448,500 (-14.2%)
Nassau ... $425,000 ... $474,000 (-10.3%)
Suffolk ... $345,000 ... $385,000 (-10.4%)
..................... Inventory ...................... Units in contract .................. Months Supply
................ 10/08 ..... 10/07 ........ 10/08 .... 09/08 ...... 10/07
Queens .... 11303 ..... 11553 .......... 572 ........ 690 ......... 697 ............. 19.8
Nassau .... 9929 ..... 10036 .......... 689 ........ 828 ......... 791 ............. 14.4
Suffolk .... 13989 ..... 14621 .......... … (0 comments)
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real estate: Market Condition in Flushing, NY11355
- 09/28/08 10:07 AM
Inventory as at 9/28/08
44 units of 2 family - median asking price $953,500
25 units of 1 family - median asking price $698,000
48 units of condo - median asking price $399,500
58 units of co-op - median asking price $237,500
Units closed in the 6 months period from 3/1/08 to 8/31/08
26 units of 2 family - median selling price $720,000
32 units of 1 family - median selling price $595,000
15 units of condo - median selling price $430,000
55 units of co-op - median selling price $202,000
Units closed in the 6 months period from 9/1/07 to … (0 comments)
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real estate: Market Condition in Flushing, NY11354
- 09/28/08 09:38 AM
Inventory as at 9/28/08:
14 units of 2 family - median asking price $1,024,500
42 units of 1 family - median asking price $769,000
35 units of condo - median asking price $419,000
64 units of co-op - median asking price $214,500
Units closed in the 6 months period from 3/1/08 to 8/31/08:
11 units of 2 family - median selling price $840,000
21 units of 1 family - median selling price $675,000
17 units of condo - median selling price $380,000
64 units of co-op - median selling price $203,750
Units closed in the 6 months period from 9/1/07 to … (1 comments)
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real estate: SOLD - 2 bedrooms co-op in Kissena Co-op 2
- 09/18/08 03:19 PM
43-36 Robinson St - 2 bedrooms 1 bath about 880 square feet.
Sold for $238,000 in Aug, 2008.
Kissena Co-op is a 6-stories building built in 1954.
The building is located on Robinson St between Cherry Ave and 45 Ave.
The maintenance Fee $629 includes electric, gas, water, heat and real estate tax.
It is managed by Wentworth Management in Brooklyn.
… (0 comments)
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real estate: July Sales slightly up in Queens & Nassau
- 08/25/08 03:37 PM
Median Price on closed properties dropped comparing to July last year.
................... 2008 .......... 2007
Queens ... $399,900 ... $472,000
Nassau ... $458,500 ... $495,000
Suffolk ... $389,000 ... $405,000
................ Inventory ............... Units in contract ....................... Months Supply
................ 07/08 .... 07/07 ........ 07/08 .... 06/08 ...... 07/07
Queens .... 11510 .... 10774 ........ 765 ...... 752 .......... 772 ............. 15
Nassau .... 10877 .... 10415 ......... 963 ...... 889 ......... 1012 ............ 11.3
Suffolk .... 15186 .... 14996 ......... 964 ...... 1041 ....... 1167 ............ 15.8
Source: Long Island Board of Realtors
… (1 comments)
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real estate: SOLD - 1 bedroom in Cambridge Co-op
- 08/23/08 09:41 AM
37-20 81st Street, #6H - 1 bedroom 1 bath about 550 square feet.
Sold for $118,000 in Aug, 2008.
Cambridge Co-op is a 6-stories building built in 1925.
The building is located on 81 St between 37 Ave and Roosevelt Ave.
The maintenance Fee $588 includes gas, water, heat and real estate tax.
It is managed by Tudor Realty Services.
… (0 comments)
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real estate: SOLD - 1 bedroom co-op in Linden Hill #2
- 08/23/08 05:57 AM
26-21 Union St, #3D - 1 bedroom 1 bath about 650 square feet.
Sold for $142,000 in Aug, 2008.
Linden Hill #2 Co-op is a 6-stories building built in 1954.
The building is located on Union St between 26 Ave & 28 Ave.
The maintenance Fee is $650 which includes electric, gas, water, heat and real estate tax.
Management Office is located on 142-20 26 Ave, Flushing, NY 11354.
… (0 comments)
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real estate: Sold - 2 bedrooms co-op in Mitchell Garden 3
- 08/07/08 06:32 PM
141-09 28 Ave, #4D - 2 bedrooms 1 bath about 850 square feet.
Sold for $220,000 in Dec, 2007.
Mitchell Garden 3 Co-op is a 6-stories building built in 1957.
The building is located on 28 Ave between Union St and 141 Street.
The maintenance Fee includes electric, gas, water, heat and real estate tax.
It is managed by Wentworth Property Management.
… (0 comments)
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real estate: Sold - 2 bedrooms Co-op in Carlyle Towers B
- 08/07/08 06:15 PM
138-10 Franklin Ave, #5N - 2 bedrooms 2 bath about 1,000 square feet.
Sold for $280,000 in May, 2008.
Carlyle Towers B Co-op is a hi-rise building built in 1961.
The building is located on Franklin Ave between Kissena Blvd and Main St.
The maintenance Fee includes gas, water, heat and real estate tax. It is managed by All Area Management.
… (0 comments)
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real estate: More inventory, less units in contract in June 2008
- 07/24/08 03:45 PM
The trend was still going down in Queens County, Nassau County and Suffolk County in Long Island Area, comparing to June 2007. Inventory was up,
............ Inventory ............... Units in contract ....................... Months Supply
............. 06/08 ..... 06/07 ....... 06/08....05/08......06/07
Queens .... 11697 .... 10851 ...... 752 ..... 761 ....... 799 ........... 15.6
Nassau .... 11067 .... 10574 ...... 889 ..... 931 ....... 1083 ........... 12.4
Suffolk .... 15332 .... 15182 ...... 1041 .... 987 ....... 1120 ........... 14.7
Source: Long Island Board of Realtors
… (0 comments)
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real estate: Sold - Studio Co-op at Sherwood Village B
- 07/20/08 04:37 AM
99-11 60 Ave, #3L - Studio 1 bath about 550 square feet
Sold for $84,000 in March, 2007
Sherwood Village Co-op Section B is a 6-story building built in 1961. The building
is located on 60 Ave between 99th St and Calloway St.
The maintenance Fee includes electric, gas, water, heat and real estate tax. It is managed by Charter Management.
… (5 comments)
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real estate: Sold - 2 bedrooms in Winston Co-op
- 07/20/08 04:21 AM
84-55 Daniels St, #5G - 2 bedrooms 1 bath about 810 square feet
Sold for $168,000 in July, 2007
Winston Co-op is a 6-story building built in 1952.
The building is located on Daniels St between 84th Rd and Pershing Circle.
The maintenance Fee includes gas, water, heat and real estate tax. It is managed by Aras Properties.
… (0 comments)
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real estate: Sold - 1 bedroom in Briarwood Court Co-op
- 07/20/08 04:12 AM
83-35 139th St, #4D - 1 bedroom 1 bath about 700 square feet
Sold for $145,000 in April, 2007
Briarwood Court Co-op is a 6-story building built in 1955. The building
is located on 139th St between Main St and 83rd Ave.
The maintenance Fee includes gas, water, heat and real estate tax. It is managed by Rachlin Management.
… (0 comments)
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