26 JANUARY 19, 2017 RIDGEWOOD TIMES WWW.QNS.COM Queens foreclosures spike to highest levels since Great Recession Ridgewood Times Renters’ Guide Listings selected at random. Courtesy MLSLI RIDGEWOOD 70th Avenue 69th Place 60th Avenue 69th Street 1-bedroom 67-16 64th Pl. $1,700 Apartment in house Renovated kitchen, access to yard Michal Marek Keller Williams Landmark II 2-bedroom 959 Wyckoff Ave. $2,150 Apartment building Central AC & heating, storage space available Stephanos Lagoudis Realty Executives Today 3-bedrooms or more 60-56 70th Ave. $3,400 Apartment building Newly renovated, close to M train Jeong Min Yim RES Queens LLC GLENDALE 1-bedroom 71-22 67th St. $1,600 Apartment in house Cable/FiOS included, pet-friendly Elizabeth Dryjas Charles Rutenberg Realty 2-bedroom 71-07 69th Pl. $1,900 Apartment building Newly renovated, lots of closets Barbara Piascik Exit Kingdom Realty 3-bedrooms or more 78-50 79th Ln. $2,500 Apartment in house Eat-in kitchen, all utilities included Teresa Coleman First Flag Realty MASPETH 1-bedroom 69-33 60th Ave. $1,650 Apartment in house Walk-in closets, access to patio Jaroslaw Kaszuba Exit All Seasons Realty 2-bedroom 73-25 57th Ave. $2,100 Apartment in house Effi ciency kitchen, close to shops Keai Carmen Shi Bold Realty Corp. 3-bedrooms or more 58-36 60th Ln. $1,950 Apartment in house Newly renovated, close to buses Michael Tirelli Kaye Realty & Development Inc. MIDDLE VILLAGE 1-bedroom 75-12 Metropolitan Ave. $1,200 Apartment above store Eat-in kitchen, four rooms in all Hsiu Chiu Perfect Group Realty 2-bedroom 75-15 67th Dr. $1,850 Duplex apartment New appliances, close to shopping Rafael Normatov Dom Realty of NY Inc. 3-bedrooms or more 66-78 69th St. $2,300 Apartment building Parking spot, credit check required Gladys Ramirez Telemundo Realty Corp. BY SUZANNE MONTEVERDI SMONTEVERDI@QNS.COM/@SMONT76 With a total of 2,202 foreclosed homes in New York City in 2016 — 933 in Queens — first-time foreclosures have reached highs not seen in five years, according to a recent report. An analysis by PropertyShark concluded that first-time foreclosures in the five boroughs have spiked by 141 percent in the past five years — though numbers are still far from the highs reached in 2008 and 2009. “Back in July, our foreclosure report revealed that foreclosures in NYC were reaching levels not seen since 2010; and though the spike in numbers slowed down in the second half of 2016, our end-of-year report supports the same conclusion,” PropertyShark writer Andra Rus said. In 2015, Queens recorded 804 first-time foreclosures. Last year, the borough recorded 933. ZIP code 11434, which covers areas of Jamaica, Hollis and St. Albans, was a “foreclosure hot spot” in 2016, according to the analysis. The neighborhood posted 84 foreclosures last year — the highest number of new foreclosures in one neighborhood throughout all five boroughs. While Queens accounted for 42 percent of first-time auctions in NYC last year and continued to be the borough with the highest number of foreclosed homes, it did not register the highest year-over-year increase. Pre-foreclosure fi lings have been on a descending trend since 2013, the report also says. There were 12,573 cases fi led across the fi ve boroughs last year — a 7 percent year-over-year decrease. According to methodology, the foreclosed properties taken into account for the report were scheduled for auction for the fi rst time in 2016 and were residential properties that are either single-family or two-family homes or condo or co-op units. REAL ESTATE Photo via Shutterstock
RT01192017
To see the actual publication please follow the link above