REAL ESTATE How many billionaires would it take to buy Queens? BY ANGELA MATUA amatua@qns.com/@AngelaMatua Real estate search engine PropertyShark answered an interesting question in their latest study: How many billionaires would it take to purchase each borough? To answer the question, researchers poured over Forbes’ World Billionaires List. They also multiplied the total number of residential units in a neighborhood (single- and two-family houses, condo and co-op units) by the average Bill Gates Warren Buffet Photos courtesy of Wikimedia Commons/Sebastian Derungs and USA International Trade Administration Sales in Queens HOMES – CO-OPS – CONDOS Listings and photos courtesy MLSLI NORTHEAST NORTHWEST SOUTHEAST SOUTHWEST WHITESTONE ASTORIA ST. ALBANS PICTURED LISTING MIDDLE VILLAGE Under $500,000 212-12 73rd Ave., Bayside $195,500 Co-op 1 bedroom, 1 bathroom Galit Kofman Vaknin Anne Donohue Real Estate Inc. $500,000-900,000 240-02 70th Ave., Douglaston $589,000 Condo 3 bedrooms, 2 bathrooms Daniel Regan Station Realty of Douglaston Over $900,000 2-63 153rd St., Whitestone $1,450,000 2-story home 4 bedrooms, 4 bathrooms Xiao Wu Qu Prime Realty Under $500,000 50-05 43rd Ave., Woodside $279,000 Co-op 1 bedroom, 1 bathroom Rafi k Ahmad Elite Realty of USA Inc. $500,000-900,000 35-15 78th St., Jackson Heights $625,000 Co-op 2 bedrooms, 1 bathroom Vladimir Simkhovich Jackson Heights Properties Over $900,000 32-44 47th St., Astoria $1,220,000 2-family home 5 bedrooms, 3 ½ bathrooms Silvia Cabrero Diaz Keller Williams Realty Greater Under $500,000 114-63 180th St., St. Albans $429,000 1-family home 2 bedrooms, 1 bathroom Abraham Myles Myles Realty $500,000-900,000 113-27 208th St., Queens Village $579,900 1-family home 5 bedrooms, 4 ½ bathrooms Idan Nadlan Idan Nadlan LLC Over $900,000 139-68 86th Road, Jamaica $950,000 2-family home 5 bedrooms, 2 ½ bathrooms Hamza Khamisa Fave Realty Inc. Under $500,000 149-30 88th St., Howard Beach $339,000 Condo 2 bedrooms, 2 bathrooms Viorel Ardelian Campione Realty $500,000-900,000 64-40 80th St., Middle Village $739,000 1-family home 3 bedrooms, 2 bathrooms Gladys Ramirez Telemundo Realty Corp. Over $900,000 86-60 91st St., Woodhaven $1,195,000 3-family home 6 bedrooms, 4 bathrooms Qiao Zhen Do Right Realty sale price recorded in that neighborhood for the third quarter of 2016, resulting in an approximate value for said neighborhood. The study focused on Manhattan, Brooklyn and Queens. Queens was the cheapest of the three and the top three billionaires could purchase the entire borough for $192.5 billion. Who are the world’s top three billionaires? Bill Gates, Amancio Ortega and Warren Buffet. Gates, the founder of Microsoft, has a net worth of $75 billion, according to Forbes. Ortega, the founder of clothing company Zara, is a new addition on the list and is worth $67 billion. He knocked off Mexico’s Carlos Slim, who owns global conglomerate company Grupo Carso. Buffet, who is worth $60.8 billion, is the founder of conglomerate Berkshire Hathaway. The world’s top six billionaires could purchase Brooklyn for $245 billion and it would take the top 12 billionaires to put down approximately $578 billion to purchase Manhattan.
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