Author Topic: Fildor Court  (Read 1388 times)

Offline Homunculus

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Fildor Court
« on: February 21, 2021, 06:42:11 AM »
I’m considering buying a unit in this building.  I’m impressed with what I see so far.  Was wondering if anyone on this forum lives in the building and would share their experience/opinions on living there.  Thanks!

Offline Matt

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Re: Fildor Court
« Reply #1 on: March 01, 2021, 11:56:44 PM »
I'm also curious about this building. I've seen a lot of listings online there recently and it appears the building has some nice amenities (roof deck!) and is well maintained. It does always concern me when I see a lot of units for sale in one building. As per StreetEasy, there are currently 6 active units, 4 of which are in contract. As this is a 52 unit building, this is more than 10% of the units. There were also a few recent sales and 1 or 2 attempted sales that delisted in 2020. It makes me wonder if people are fleeing the building or if it is just a coincidence.

I've never been inside and I don't think I know anyone that lives there. It's definitely not the prettiest block in Jackson Heights, but it is definitely the nicest building on that block (at least from the outside). It's also close to the subway, which is nice.

Best of luck in your search!

Offline Jones_1

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Re: Fildor Court
« Reply #2 on: March 02, 2021, 07:08:45 PM »
Overall it's a well-maintained non-historic district JH COOP that has excellent financials and reasonable maintenance fees.  I also agree that it is the nicest building on the block.  It's also just 3 blocks away from the closest subway station which is a huge plus if you're in a rush to go somewhere.  Unlike some of the larger historic district COOPs, there is only one elevator and the units tend not to have that additional formal dinning room/gallery area (i.e.  no proper junior 1 br units) so the average selling prices are slightly lower.  As to the current number of sales, I think it's just chance, or the fact that some people de-listed in 2020 because of the pandemic and now people are playing catch up.  I'm not aware of any fundamental issues causing people to "flee".  I'd be happy to answer specific questions you might have about the COOP if you send me a private message.       

Offline jh_coop_buyer

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Re: Fildor Court
« Reply #3 on: March 11, 2021, 01:21:13 PM »
As this is a 52 unit building, this is more than 10% of the units. There were also a few recent sales and 1 or 2 attempted sales that delisted in 2020

It seemed to like pent-up demand. There were no sales that happened in 2020 and 2019. While in 2018, five sales took place.  About 2-6 sales happened in most years.

The apartments in this building tend to be on the small side. No three-bedroom apartments, very few 2bedroom 2bath apartments.  A lot of one-bedroom apartments.  With smaller apartments,  young couples tend to move out when they have babies. This probably can explain about high turnover rate than other buildings