Author Topic: Looks like a new single family home sales record will be set soon - $1.495M ASK  (Read 6680 times)

Offline dssjh

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A new single family home sales record has been set
« Reply #15 on: January 22, 2015, 11:42:18 AM »
looks like that 75th street house is in contract, for the full $1.5 million.

and it looks like it could be bulldozed as soon as the ink is dry. "zoned for higher density" ... four scary words. i remember the nice house right on 37 road, which is now occupied by that bunker-like apartment building.

http://www.dnainfo.com/new-york/20150120/jackson-heights/massive-7br-jackson-heights-home-contract-for-just-under-16-million

Offline NYC Peromyscus

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73rd St between 37th Ave and Broadway also used to have a number of nice, large houses that have been turned into low-quality apartment and retail buildings. The latest just opened, with yet another grocery store...a Mannan grocery across the street from another Mannan grocery! The apt building across the street is only a few years older, but already has rusting metal railing on the outside.  This house will probably meet the same fate...

Offline NYC Peromyscus

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And if you check out the real estate listings on this board just now, there is a 2B/2BA for sale for $650K!  It does sound fairly large (1,450 sq ft)...anybody think it gets close to that? If so, then the JH market has really gone nuts in just a few years.

Offline dssjh

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my 2 br/2 bath is 1300 square feet and seems large for the layout. i've seen 1100 sq ft with that configuration, which seems small. i guess it's possible? if so, i'd be thrilled....if i could stomach even 24 hours in the suburbs, lol.

Offline Shelby2

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This thread is a bit old (1+ year) but I saw this new one-family home listed on the same block with a nice slide show, so thought I would post a link.  http://www.nytimes.com/real-estate/usa/ny/queens/jackson-heights/homes-for-sale/34-16-86th-street/80-14591909#
http://www.stribling.com/properties/14591909


The house discussed in the first part of this thread sold for $1,330,000.  This house is right nearby, maybe even next door.

Offline Minimal4me

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Ooh, thanks for the link! It's so cool to get a peek inside.

Offline HAMjacksonheights

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My uncle lives on 80th/Park and his neighbors across the street live in single family homes (granted 2 more stories than this) and they are on the market for 35-60 million dollars. $1.45 million is on par for price per sq ft in the area, taxes are on the cheap side for what your getting. I have a beach house in LI with half the size lot for $13.5 a year taxes. If I didn't enjoy the beach so much I would consider making an offer, I love that block and the houses that reside on it!

A reasonable price for what looks to be a great property, especially considering that it  would be triple that amount in a different neighborhood!! Anyone know who the new owners are?

Why is it reasonable? First it is not 4000 sq ft (the lot is). Second although same would be triple in Manhattan, one can find detached houses for that amount in Kew Gardens and Forest hills. Third it is attached to a wreck and under a huge coop. Fourth it has not been sold and it will not be sold for that amount any time soon. Laughable not reasonable.

This house is being promoted every other month here and other real estate obsessed sites.

http://www.jacksonheightslife.com/community/index.php?topic=12256.0

Offline Minimal4me

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I'm not sure how much this one is in contract for, but the asking price is $1.6M

http://www.elliman.com/new-york-city/37-50-75-street-queens-bpwnkcp

It's listed a single family house and I wonder if it really is a single family home. These houses are pretty large. Perhaps zoning requires that it is listed that way.

I've noticed it on my walk to the subway, but I'm unsure how long it has been on the market.

What is the record for a single family home in JH?

There was a mentioning on this site that the record price for a single family home in Jackson Heights is about 1 million dollars probably during the pre-2008 housing bubble. Here is link (http://www.timesledger.com/stories/2013/50/jaxheightshome_tl__2013_13_q.html) for a house on the same 86th st that was sold for near 1 million dollars recently.

I think the record is $1.3 M:

https://www.dnainfo.com/new-york/20150722/jackson-heights/jackson-heights-historic-district-home-sells-for-13m-records-show

Offline petster

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So a single family house on 86 street rently sold at a price tag of 1.5.  Hefty but well worth it considering Bklyn and Manhattan.

Jackson Heights Life