REAL ESTATE 16 Forest Hills homes sold for $2 million or more over the last 2 years: city study BY GINA CONTEH editorial@qns.com @QNS Queens neighborhoods accounted for 44 of the 11,973 apartment and home sales in New York City exceeding $2 million over the last three years. Th e Independent Budget Offi ce (IBO) recent study showed the number of home and apartment sales in all boroughs from 2014 to 2016 over $2 million. Forest Hills accounted for 16 of the residential sales. Sunnyside/Hunters Point also made up 13 of those sales. Other Queens neighborhoods included were Douglaston, Little Neck, Flushing, Whitestone, Astoria and Long Island City. Th is study was a result of Mayor Bill de Blasio proposing a 2.5 percent surcharge of all residential sales in New York City of $2 million or more. De Blasio’s “mansion tax” was one of the featured proposals addressed in his State of the City speech on Monday, Feb. 13. Th is is not the fi rst time that de Blasio has suggested this tax. Th e mayor also brought the issue to state lawmakers in January aft er it was rejected in 2015. His plan will allegedly raise more than $330 million in revenue for the city in 2018. Th e funds allocated will go toward aff ordable housing for as many as 25,000 low-income senior citizens, according to Mayor de Blasio. “It’s very simple: when you sell a home worth $2 million dollars or more, you pay a little bit more,” de Blasio said. But to some New Yorkers, it’s not that “simple.” Disagreements over the mayor’s proposal are due to the lack of actual mansions sales that exceed $2 million. According to residents, this $2 million threshold refl ects more on middle-class homes and apartments in NYC. Nearly 75 percent of the residential sales in NYC over $2 million were in 10 Manhattan neighborhoods in 2016. De Blasio hopes his mansion tax proposal will further his plan toward additional aff ordable housing for New York City residents. To view IBO’s report on residential sales over $2 million in New York City, visit http://www.ibo.nyc.ny.us/iboreports/ printnycbtn69-sale-table.pdf. Sales in Queens HOMES COOPS CONDOS Listings and photos courtesy MLSLI NORTHEAST NORTHWEST SOUTHEAST SOUTHWEST BAYSIDE LONG ISLAND CITY JAMAICA WOODHAVEN Under $500,000 249-12 63rd Ave., Little Neck $199,000 Co-op 1 bedroom, 1 bathroom Julia Xelas Prime Realty $500,000-900,000 2-20 Capstan Ct., College Point $698,000 Condo 3 bedrooms, 2 ½ bathrooms Emmy Cai RE/MAX City Over $900,000 201-18 42nd Ave., Bayside $1,188,000 2-family home 4 bedrooms, 3 full baths, 1 half-bath Jan Athanasopoulos Breezes Brokerage LLC Under $500,000 30-51 Hobart St., Woodside $268,000 Co-op 1 bedroom, 1 bathroom Geraldine McKeon Keller Williams Landmark II $500,000-900,000 25-34 Crescent St., Astoria $599,888 Co-op 1 bedroom, 1 bathroom Michael Nayar Kennedy Real Estate Group Over $900,000 13-09 40th Ave., Long Island City $2,100,000 6-family home 18 bedrooms, 6 bathrooms Aida Markisic Aida Home Realty Under $500,000 171-20 144th Ave., Jamaica $415,000 1-family colonial 3 bedrooms, 2 bathrooms Fardeen Hamid Keller Williams Realty Liberty $500,000-900,000 215-01 110th Ave., Queens Village $519,000 1-family colonial 6 bedrooms, 3 bathrooms Chandar Persaud Elite Realty of USA Inc. Over $900,000 219-16 Stewart Road, Hollis Hills $920,000 1-family ranch 3 bedrooms, 2 bathrooms Angela Lu Mullen Core Realty Success PICTURED LISTING Under $500,000 107-40 Queens Blvd., Forest Hills $432,500 Co-op 1 bedroom, 1 bathroom Yael Goldman Nu Place Realty $500,000-900,000 66-32 53rd Ave., Maspeth $748,000 1-family home 3 bedrooms, 3 bathrooms Bartosz Olszewski Keller Williams Landmark II Over $900,000 88-37 Eldert Lane, Woodhaven $988,000 2-family townhouse 7 bedrooms, 2 full baths, 1 half-bath Peter Hsu Winzone Realty Inc. Photo via PropertyShark A mansion in Forest Hills Gardens
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