REAL ESTATE
Southeast Queens neighborhoods see high rates of fi rst-time foreclosures
BY EMILY DAVENPORT
edavenport@qns.com
@QNS
A new report found that while
the borough is seeing a decrease
in foreclosures, Queens still has
the highest number of homes hitting
Sales in QueensHOMES COOPS CONDOS Listings and photos courtesy MLSLI
NORTHEAST NORTHWEST SOUTHEAST SOUTHWEST
BAYSIDE WOODSIDE BELLEROSE OZONE PARK
Under $500,000
42-40 Bowne St. Unit 2E, Flushing
$315,000
Co-op, 1 bedroom, 1 bathroom
Zuntong Zheng, Keller Williams Rlty
Landmark
$500,000-$900,000
75-49 Utopia Pkwy., Fresh Meadows
$788,000
Colonial
3 bedrooms, 2 bathrooms
Boya Du, Prospes Real Estate Corp
Over $900,000
201-02 32nd Ave., Bayside
$1,980,000
Two-Family Colonial
5 bedrooms, 5 bathrooms
Won Jong Choi, Jiao Hong, East Coast
REALTORS Inc
Under $500,000
45-08 40th St., Sunnyside
$469,000
Co-op, 1 bedroom, 1 bathroom
Jessica Speck, Marc Windheuser, RE/
MAX City Square
$500,000-$900,000
30-54 38th St., Unit 2B, Astoria
$727,000
Condo, 1 bedroom, 1 bathroom
Foti Bouklis, Bouklis Group Marketing
Corp
Over $900,000
50-47 46th St., Woodside
$999,000
Two-family Colonial
3 bedrooms, 3 bathrooms
Piedad Arizmendy, Century 21 American
Homes
Under $500,000
141-05 Pershing Cres, Unit 308,
Briarwood
$199,000
Co-op, 1 bedroom, 1 bathroom
Roberto Ayala, EXP Realty
$500,000-$900,000
106-01 215th St., Queens Village
$629,999
Two-family Colonial
4 bedrooms, 2 bathrooms
Muaggena Akter, Exit Realty Prime
Over $900,000
87-08 Commonwealth Blvd., Bellerose
$915,000
Two family two story
4 bedrooms, 2 bathrooms
Mingda Jiang, Century Homes Realty
Group LLC
Under $500,000
125-10 Queens Blvd., Unit 1902, Kew
Gardens
$289,000
Co-op, 1 bedroom, 1 bathroom
Mingji Moy, Douglas Elliman Real Estate
$500,000-$900,000
103-06 Plattwood Ave., Ozone Park
$569,918
Colonial
3 bedrooms, 1 bathroom
Jamell Givens, Globalized Realty Group
Over $900,000
83-24 Abingdon Rd., Kew Gardens
$1,800,000
Colonial
4 bedrooms, 5 bathrooms
Deirdre Folan, Keller Williams Rlty
Landmark
the auction block compared
to the rest of the city.
PropertyShark recently
released their their Residential
Foreclosure Report for Q3 2019.
Overall, New York City as a whole
saw a 1 percent increase in fi rsttime
foreclosures year-over-year.
While Queens saw a 16 percent
decrease year-over-year
(and a 16 percent decrease quarter
over-quarter), the borough
still had the highest number of
fi rst-time foreclosures with 272
reported cases.
Once again, 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 23
new foreclosure cases. Th is was
also the highest number of foreclosures
in any New York City
ZIP code this quarter.
Following close behind was
the 11413 ZIP code (Laurelton,
Springfi eld Gardens) with 21
foreclosures and the 11412 ZIP
code (St. Albans) with 19 foreclosures.
While the number of pre-foreclosures
increased 4 percent yearover
year in New York City overall,
Queens was the only borough
to see a decrease with 720
cases registered. Th is marks a 13
percent decrease year-over-year
and a 24 percent decrease quarter
over-quarter.
To read the full report, visit
propertyshark.com/Real-Estate-
Reports/NYC-Foreclosure-
Report. Photo via Getty Images
link
/Real-Estate-
link
