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Kew Gardens Hills, NY Real Estate News

By Kin Tsui
(EMC Long Island Realty)
 Sold - 1 bedroom Georgetown Mews 6729 152 St $159,000.00  67-29 152nd Street, Kew Gardens Hills, NY 11367 30 Photos 1 Bed, 1.0 Bath750 SF Tour # 2990677 Kew Gardens Hills/Flushing 1 bedroom co-op at 6729 152 St. Built in 1951. About 750 square feet. Maintenance $585.00 include gas, water, heat & real estate tax. For more information, please contact: Kin TsuiKin Real Estate Flushing, NY718-461-5515718-504-3851 Fax Information supplied by sellers. Deemed reliable, but not guaranteed.
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By Kin Tsui
(EMC Long Island Realty)
 Sold - 1 bedroom Georgetown Mews Co-op $143,000.00  67-82 150 St, Kew Garden Hills, NY 11367 38 Photos 1 Bed, 1.0 Bath750 SFTour # 2798244   Kew Garden Hills/Flushing 1 bedroom co-op at 67-82 150 St. Built in 1951. About 750 square feet. Maintenance $595.40 include gas, water, heat & real estate tax. For more information, please contact: Kin TsuiKin Real Estate Flushing, NY718-461-5515718-504-3851 Fax Information supplied by sellers. Deemed reliable, but not guaranteed.
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 Rented - Studio Fleur De Lis Condo $1,050.00  152-72 Melbourne Ave, Flushing, NY 11367 28 Photos 1 Bed550 SF Tour # 2888586   Flushing/Kew Gardens Hills Studio Jr 3 at 152-72 Melbourne Ave, #1A. About 550 square feet. Gas, water and heat included. Rented in September for $1050. For more information, please contact: Kin Tsui Kin Real Estate Flushing, NY718-461-5515718-504-3851 Fax Information supplied by sellers. Deemed reliable, but not guaranteed.
Comments 1
By Kin Tsui
(EMC Long Island Realty)
 Sold - 1 bedroom Georgetown Mews Co-op $155,000.00  67-77 152 St, Flushing, NY 11367 29 Photos 1 Bed, 1.0 Bath750 SF Tour # 2396528   Kew Garden Hills / Flushing 1 bedroom co-op at 67-77 152 St. Built in 1951. About 750 square feet. Maintenance $560. For more information, please contact: Kin Tsui Kin Real Estate Flushing, NY718-461-5515718-504-3851 Fax Information supplied by sellers. Deemed reliable, but not guaranteed.
Comments 2
 Sold - 2 bedrooms Georgetown Mews Co-op $205,000.00  152-32 Melbourne Ave, Kew Garden Hills, NY 11367 44 Photos 2 Bed, 1.0 Bath850 SF Tour # 2643314   Kew Garden Hills 2 bedrooms co-op at 15232 Melbourne Ave. Built in 1951. About 850 square feet. Maintenance $786 include gas, water, heat & real estate tax. School District 25. Sold in April, 2012. For more information, please contact: Kin Tsui Kin Real Estate Flushing, NY718-461-5515718-504-3851 Fax Information supplied by sellers. Deemed reliable, but not guaranteed.
Comments 1
By Kin Tsui
(EMC Long Island Realty)
 Sold - 1 bedroom Georgetown Mews Co-op $160,000.00  67-26 152 St, Kew Garden Hills, NY 11367 27 Photos 1 Bed, 1.0 Bath750 SF Tour # 2440363   Kew Garden Hills / Flushing 1 bedroom co-op at 67-26 152 St. Built in 1951. About 750 square feet. Maintenance $562. Sold in Jan 2011 for $160,000 For more information, please contact: Kin Tsui Kin Real Estate Flushing, NY718-461-5515718-504-3851 Fax Information supplied by sellers. Deemed reliable, but not guaranteed.
Comments 1
By Kin Tsui
(EMC Long Island Realty)
 Sold - 3 bedrooms Mainstay Co-op $190,000.00  144-60 Gravett Rd, Flushing, NY 11367 39 Photos 3 Bed, 1.0 Bath1000 SF Tour # 2357392   Kew Garden Hills/Flushing 3 bedrooms co-op at 144-60 Gravett Rd, #3G. Built in 1954. About 1000 square feet. Maintenance $1000 includes electric, gas, water, heat & real estate tax. Sold in August 2011. For more information, please contact: Kin Tsui Kin Real Estate Flushing, NY718-461-5515718-461-8690 Fax Information supplied by sellers. Deemed reliable, but not guaranteed.
Comments 1
By Kin Tsui
(EMC Long Island Realty)
 Sold - 2 bedrooms Mainstay Co-op $169,000.00  144-60 Gravett Rd, Kew Garden Hills, NY 11367 42 Photos 2 Bed, 1.0 Bath900 SF Tour # 2181615   Flushing/Kew Garden Hills 2 BR co-op at 144-60 Gravett Rd. Built in 1954. About 900 square feet. Maintenance $827 includes electric, gas, water, heat & real estate tax. Sold for $165,000 in March 2011. Kin Tsui, Kin Real Estate. 917-923-8838 For more information, please contact: Kin Tsui Kin Real Estate Flushing, NY718-461-5515718-461-8690 Fax Information supplied by sellers. Deemed reliable, but not guaranteed.
Comments 1
By Kin Tsui
(EMC Long Island Realty)
The inventory level is normal based on the sales for the 12-months period from September 09 to August 10, except the co-op (15 months). If we take a look of the sales in last two-months, then the situation look a little bit more worse. Inventory as at 09/25/10: 8 units of 2-family - median asking price $659,500 (10 months supply)* 30 units of 1-family - median asking price $597,000 (6 months supply)* 18 units of condo - median asking price $268,500 (8 months supply)* 178 units of co-op - median asking price $189,000 (15 months supply)* *Based on the closings in the period 9/1/09 - 8/31/10. Units closed in the period 9/1/09 to 8/31/10: 9 units of 2-family - median selling price $500,000 54 units of 1 family - median selling price $505,500  25 units of condo - median selling price $270,00...
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By Kin Tsui
(EMC Long Island Realty)
 Sold - 2 bedrooms Mainstay Co-op $175,000.00  14460 Gravett Rd, Kew Garden Hills, NY 11367 38 Photos 2 Bed, 1.0 Bath850 SF Tour # 1835494   Kew Garden Hills 2 BR co-op at 144-60 Gravett Rd, #4A. Built in 1954. About 850 square feet. Maintenance $650 includes electric, gas, water, heat & real estate tax. Sold for $155,000 in March, 2010 For more information, please contact: Kin Tsui Kin Real Estate Flushing, NY718-461-5515718-461-8690 Fax Information supplied by sellers. Deemed reliable, but not guaranteed.
Comments 4
By Kin Tsui
(EMC Long Island Realty)
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 was still waiting for the police for more than half an hour. I thought may be I need to brief the police what happened. That made me think of the Central Park Sexual Assault in 2000 that the police didn't stop the crime right in front of them.
Comments 3
By Kin Tsui
(EMC Long Island Realty)
Sale of condo & co-op show improvement over last year. Inventory level is high except condo. Inventory as at 05/06/10: 10 units of 2-family - median asking price $739,000 (30 months supply)* 29 units of 1-family - median asking price $595,000 (17 months supply)* 17 units of condo - median asking price $319,000 (7 months supply)* 179 units of co-op - median asking price $189,000 (19 months supply)* *Based on the closings in the first quarter 2010. Units closed in the first quarter 2010: 1 units of 2-family - median selling price $500,000 5 units of 1 family - median selling price $440,000 7 units of condo - median selling price $270,000 28 units of co-op - median selling price $164,000 Units closed in the first quarter 2009: 2 units of 2-family - median selling price $585,000 4 units of ...
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By Kin Tsui
(EMC Long Island Realty)
The inventory level don't look so good except single family. For co-op an average agent may need an average time of almost 3 years to sell: at this difficult time a seller should hire an experienced agent who specialized in selling co-op. Inventory as at 07/16/09: 17 units of 2-family - median asking price $649,000 (26 months supplies) 16 units of 1-family - median asking price $554,500 (5 months supplies) 23 units of condo - median asking price $289,000 (23 months supplies) 152 units of co-op - median asking price $185,000 (35 months supplies) Units closed in the first half year of 2009 - 01/01/09 to 06/30/09: 4 units of 2-family - median selleing price $512,500 18 units of 1-family - median selling price $462,500 6 units of condo - median asking price $327,500 26 units of co-op - medi...
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By Kin Tsui
(EMC Long Island Realty)
Inventory as at 02/18/09: 12 units of 2 family - median asking price $660,000 22 units of 1 family - median asking price $590,000 21 units of condo - median asking price $328,000 124 units of co-op - median asking price $200,000 Units closed in the 6 months period from 8/1/08 to 01/31/09: 7 units of 2 family - median selling price $660,000 26 units of 1 family - median selling price $512,500 8 units of condo - median asking price $360,000 51 units of co-op - median selling price $170,000 Units closed in the 6 months period from 2/1/08 to 7/31/08: 3 units of 2 Family - median selling price $495,000 29 units of 1 Family - median selling price $500,000 9 units of condo - median asking price $275,000 54 units of co-op - median selling price $174,500 Source: MLS of Long Island
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By Kin Tsui
(EMC Long Island Realty)
  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. If for investment purpose then one should look for positive cash flow.
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By Kin Tsui
(EMC Long Island Realty)
149-05 79th Ave, #235 - studio 1 bath about 480 square feet Sold for 92,000 in June, 2006 149-05 79 Ave Owner Co-op is a 6-story building built in 1955. The building is located on 79th Ave between Main Street and 150 St. The maintenance Fee includes gas, water, heat and real estate tax. It is managed by First Management
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By Kin Tsui
(EMC Long Island Realty)
144-60 Gravett Road, #5J - 1 bedroom 1 bath about 700 square feet Sold for $142,500 in July, 2007 Mainstay Co-op is a 6-story building built in 1954. The building that the unit in is located on Gravett Rd between Main Street and 149 St. The maintenance Fee includes electric, gas, water, heat and real estate tax. A/C need to pay extra. It is managed by Delkap Management
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By Kin Tsui
(EMC Long Island Realty)
144-60 Gravett Road, #5H - 2 bedrooms 1 bath about 850 square feet Sold for $170,000 in May 2008 Mainstay Co-op is a 6-story building built in 1954. The building that the unit in is located on Gravett Rd between Main Street and 149 St. The maintenance Fee includes electric, gas, water, heat and real estate tax. A/C need to pay extra. It is managed by Delkap Management
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By Kin Tsui
(EMC Long Island Realty)
144-60 Gravett Road, #5B - 1 bedroom 1 bath about 700 square feet Sold for $125,000 in August, 2007 Mainstay Co-op is a 6-story building built in 1954. The building that the unit in is located on Gravett Rd between Main Street and 149 St. The maintenance Fee includes electric, gas, water, heat and real estate tax. A/C need to pay extra. It is managed by Delkap Management
Comments 0
By Kin Tsui
(EMC Long Island Realty)
144-60 Gravett Road, #3A - 2 bedrooms 1 bath about 850 square feet Sold for $190,000 in August, 2007 Mainstay Co-op is a 6-story building built in 1954. The building that the unit in is located on Gravett Rd between Main Street and 149 St. The maintenance Fee includes electric, gas, water, heat and real estate tax. A/C need to pay extra. It is managed by Delkap Management
Comments 0
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