REGO PARK,NY 11374*PLACING A MARKET VALUE IN A 'HOT' AREA 'THE CRESCENTS'

REAL ESTATE-REGO PARK AREA OFF WOODHAVEN BLVD. 64RD./ FITCHETT STREET, & THE CRESCENT AREAS. I AM AMAZED BUYERS PAYING BETWEEN $900K-$1.3 MILLION AND REBUILDING, COMPLETELY RENOVATING THE ENTIRE HOME.
GRANTED- IT'S LIKE BEING IN LONG ISLAND, WITHOUT THE HIGH TAXES, HIGH FLOOD INSURANCE, LONG ISLAND RAILROAD MONTHLY FEES, OR DRIVING ON THE LIE PARKING LOT EVERY DAY.
HERE IN REGO PARK AREA, YOU ARE 20 MINUTES TO MANHATTAN BY CAR, NEAR SUBWAYS, & EXPRESS BUSES TO MANHATTAN AND NR 5 MAJOR HIGHWAYS. BUT YOU ALSO GET THAT COUNTRY ATMOSPHERE ALL AROUND YOU. ALL DETACHED HOMES, NESTLED IN AN AREA THAT MOST QUEENS RESIDENTS DO NOT EVEN KNOW ABOUT. UNIQUE HOMES....ONE LISTING I HAVE FOR SALE IS A
40X100 LOT. TWO CAR GARAGE DETACHED. THE BEAUTIFUL MULTI FAMILY BRICK IS ALL DETACHED. A FIREPLACE THAT ADDS CHARM ALONG WITH A LEGAL MOTHER DAUGHTER BASEMENT. TO PLACE A VALUE AFTER 4,000 APPRAISALS TO DATE ON THIS MAGNIFICENT HOME WAS DIFFICULT AT FIRST.
 THREE LEVELS-6 BEDROOMS-THREE APARTMENTS-3.5 BATHS
IF YOU HAD TO BUY THE LAND FIRST THEN BUILD THIS HOME, IT PROBABLY WOULD END UP BEING OVER $2 MILLION DOLLARS.
THIS IS WHY SO MANY BUYERS ARE VIEWING THE HOME AT AN ASKING PRICE OF $1,275,000.  WHAT AN AREA. WHAT CONVENIENCE. AND PLENTY OF HOUSE, SQUARE FOOTAGE FOR THE MONEY. ALL SET IN A COZY COUNTRY ATMOSPHERE.
Something pleasant to discuss for a change in Forest Hills Patch.
jim turano/broker*diverse real estate*