46 The QUENS Courier • REAL ESTATE • march 19, 2015 for breaking news visit www.queenscourier.com ▶ real estate Photo courtesy of GFI Realty Services 12-building St. Albans portfolio near LIRR station listed for sale BY LIAM LA GUERE lguerre@queenscourier.com @liamlaguerre An assemblage of 12 multifamily buildings in St. Albans has been listed for sale, according to GFI Realty Services, which is handling the transaction. The asking price is $5.3 million, according to GFI Realty’s Max Koshkerman, who is handling the marketing of the properties. The portfolio consists of contiguous two-story apartment buildings located at 187-05 through 187-21 Baisley Blvd. and 187-22 Foch Blvd., not far from retail and dining on Linden and Farmers boulevards. Each building has two one-bedroom units. The properties are near the St. Albans LIRR station, providing access to Manhattan for tenants. There are also 50 parking spaces on the entire portfolio. Based on location and the relatively low asking price, it could be a bargain for local investors. “Located near Linden and Farmers boulevards, these units are all within walking distance of the dining and other conveniences that the nearby retail corridors provide,” Koshkerman said. “With its ideal location and relatively low rents, the buildings provide an enviable asset with significant upsides to investors.” Specializing in sales and rentals in South Florida (Boca Raton, Delray Beach & Boynton Beach) $837k Paula Lescht, Realtor® BERKSHIRE HATHAWAY HomeServices IMPERIAL ROYALE One of the best & most exclusive Condos in Boca Pointe!! 3,500 sq. feet. of luxury living in a private setting. This 7th fl oor Condo features the most unique and well appointed upgrades; Gorgeous kitchen, 2-1/2 redone bathrooms, 2 newer air conditioners, garage parking, open living room with hurricane doors and panoramic views; so much more! Please call me for a private showing of this designer decorated Condo. Come to Florida, enjoy the glorious sunshine! MLS# RX-110119131 561-756-1462 • PLeschet107@aol.com Photo courtesy of StreetEasy.com/ Charts courtesy of MNS Real Estate An apartment at 57-34 Catalpa Ave. in Ridgewood One-bedroom rents in February soar in Ridgewood, Rego Park studio rates tumble BY LIAM LA GUERE lguerre@queenscourier.com @liamlaguerre Renters paid more for one-bedroom Ridgewood apartments in February as rates jumped more than 7 percent from January, according to the Queens Rental Market Report by MNS Real Estate. One-bedroom rents in the neighborhood, which have been rising because of a spill-over effect from nearby trendy Brooklyn neighborhoods, climbed to an average of $1,749 per month in February from $1,630 in January, the report found. While there was a big increase in Ridgewood, rents in Rego Park, which have been increasing in recent months due to an influx of luxury units, dropped. The average monthly rents for studios in the neighborhood fell more than 12.5 percent to $1,527 in February. Prices of two-bedrooms in the area slid more than 5 percent as well to $2,453. Overall rents in the borough followed Rego Park and dipped slightly to $2,089.37 in February from $2,103.96 in January. However, the experts at MNS expect prices to start trending upwards as the weather heats up. “With listing inventory steadily increasing, we expect prices to follow suit, with demand for new units pushing prices up over the coming months, especially leading up to the summer months, particularly in the Astoria and LIC neighborhoods,” the report said.
QC03192015
To see the actual publication please follow the link above