26 JANUARY 10, 2019 RIDGEWOOD TIMES WWW.QNS.COM
REAL ESTATE
Spike in foreclosures in Queens last three months of ’18: report
BY EMILY DAVENPORT
EDAVENPORT@RIDGEWOODTIMES.COM
While the city is experiencing
a decline in fi rst-time foreclosures,
a recent report
found that Queens continues to be the
borough with the highest number of
foreclosures and pre-foreclosures.
PropertyShark recently released
their Residential Foreclosure Report for
Q4 2018, which measured the number of
fi rst-time foreclosures and pre-foreclosures
throughout the city. Overall, New
York City had 720 homes hitting the auction
block for the fi rst time during the
fourth quarter of 2018, increasing only
slightly from the third quarter, which
saw 716 foreclosures. However, the city
as a whole had a 14 percent decrease in
fi rst-time foreclosures year-over-year.
While the world’s borough had a
quarter-to-quarter decrease of 17 percent,
Queens saw the largest number
of fi rst-time foreclosures throughout
the fi ve boroughs with 252 homes on
the auction block this quarter. Additionally,
Queens saw an 8 percent
year-over-year increase in fi rst-time
foreclosures, marking the borough as
the only one to have an increase from
2017 to 2018.
Just like during the last quarter, the
highest number of foreclosed properties
in Queens this quarter were
listed in the 11434 ZIP code, covering
parts of South Jamaica, St. Albans and
Springfi eld Gardens.
With 2,113 pre-foreclosures this
quarter, the city overall had a 16
Photo via Getty Images
percent decrease year-over-year in
pre-foreclosures. Despite the decrease,
Queens had the most pre-foreclosures
this quarter with 842 homes in
pre-foreclosure.
To read the full report, visit www.
propertyshark.com/Real-Estate-
Reports/ NYC- Foreclosure- Report.
Ridgewood Times Sales Guide
Listings selected at random. Courtesy MLS
RIDGEWOOD
Woodbine Street 82nd Place 71st St. 63rd Street
Under $600,000
53-24 Metropolitan Ave., Ridgewood
$558,000
Condo
2 bedrooms, 1 bathroom
Malgorzata Pieniadz, Realty By
The Park
$600,000-$1,000,000
1905 Putnam Ave., Ridgewood
$836,000
Condo
2 bedrooms, 1 bathroom
Sylwia Anna Juras, Prime America
Real Estate Inc.
Over $1,000,000
59-19 Decatur St., Ridgewood
$1,300,000
Two 2-Story homes
6 bedrooms, 4 bathrooms
Gabriele Knapp, Ahmed Duraliev,
Werba Realty Inc.
MIDDLE VILLAGE
Under $600,000
66-11 71st St., Middle Village
$325,000
Condo
1 bedroom, 1 bathroom
Lucy Lu, Landmark International
RE LLC
$600,000-$1,000,000
69-14 61st Dr., Middle Village
$859,999
Colonial
3 bedrooms, 2 bathrooms
Barbara Ventura, Campione Realty
Over $1,000,000
83-37 60th Dr., Middle Village
$1,059,000
Colonial
3 bedrooms, 1 bathroom
John Lombardi, Crifasi Real Estate
Inc.
GLENDALE
Under $600,000
76-08 69th Pl., Glendale
$529,000
Condo
2 bedrooms, 2 bathrooms
Anna Jargilo, Wioletta Bednarczuk,
Exit All Seasons Realty
$600,000-$1,000,000
84-26 Doran Ave., Glendale
$739,900
Colonial
2 bedrooms, 2 bathrooms
Century 21 Amiable Realty Group II
Over $1,000,000
65-06 Central Ave., Glendale
$1,600,000
Other
2 bedrooms, 1 bathroom
Michael Schulte, CH Queens
MASPETH
Under $600,000
66-04 Hull Ave., Maspeth
$589,999
2-Story
4 bedrooms, 2 bathrooms
Catherine Botero, O’Kane Realty
$600,000-$1,000,000
59-23 59th Rd., Maspeth
$838,000
Colonial
4 bedrooms, 3 bathrooms
Lucy Lu, Landmark International
RE LLC
Over $1,000,000
59-12 71st St., Maspeth
$1,299,000
2-Family Colonial
5 bedrooms, 2 bathrooms
Jaroslaw Kaszuba, Exit All Seasons
Realty
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