I believe that for your specific needs you would be best serviced by a Real Estate Professional that has experience in both the residential and commercial markets. Since you are looking for a property that will be owner occupied, I think you need to tailor a custom strategy that covers everything from your living needs to the type of income you will be receiving from the rental units. If you have yet to find a property, I can help you put together this plan and begin the process in searching and ultimately finding you the optimum property. If you would like to discuss about how we can work together please feel free to call me at any time direct on my cell #: (917) 545-8050. You can always email me as well at: nick.sakalis@cbmoves.com... more
With Manhattan Studios averaging $2,495 (The Metro and AM Paper front page cover subject titled "Rent Too Damn High") I cannot see Astoria reaching the ceiling just yet. In fact, realizing this, Eastern Queens Landlords know they have a whole lot more to offer based on Square footage, low crime statistics, Cleanliness, and proximity to city. It's just a matter of time before these Manhattanittes realize $2,500 does not justify living in a room with 4 walls measuring under 600 square feet.. Not to mention Crime statistics and filthy conditions.... more
https://entp.hud.gov/idapp/html/condlook.cfm
if you go to this link you can search all the FHA condos in Queens, Mortgage World Bankers has assisted several developers and realtors to obtain the FHA accreditation on new developments. call for a free prequal today, 7182741234
Sincerely
John S Lagoudis, MBA
Vice President
Mortgage World Bankers
32-56 Steinway Street
Astoria, NY 11103
718-274-1234 x200... more
How can I help you. Please just give me a call as soon as you can.
Fajardo Delacruz
Licensed Real Estate Agent
Century Homes Realty Group llc
Direct Line: 347-932-0609
The time has come to buckle down and make some changes. I have lived in Queens NY for 40 years. I love it, my son loves it but the truth is I want trees, I want fresh air, I want a simple life.Eighteen
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The answer depends on whether you believe in your ability to invest successfully is more likely to result in better returns than the increase in value of property in the Astoria area. Only you can answer that. Having said that, I will say if you are depending on the investment advice of someone else, other than your own ability, I would exercise extreme caution. There are some (not all) investment advisers who might be more interested in the commissions they earn placing you in various (investments) than in whether or not you reach your goals. If you yourself are a very sophisticated investor you may want to go ahead and rent and invest. However, if you are not a very sophisticated investor, buying a piece of real estate in an area that is on the rise (like Astoria) may be the better move. The rule of thumb for (investing) in the market is 20 years, assuming you have picked winners. In 20 years you might beat inflation. I spent 22years in that industry before entering the Real Estate industry a number of years ago. You might consider purchasing a property and investing on a smaller scale which would offer you some leverage. You would have the stable growth provided by your Real Estate investment to offset any losses you might sustain in the investment market while hedging that you might have some good income or value appreciation from your investments in other areas. Of course your current age and ultimate goals would come into play in making the right decision. Another rule of thumb is the older you are the less risk you would take on. You haven't given any information with regard to the kind of investments you were considering or the rest of your financial profile. For example what is your retirement plan, how much have you invested in a retirement plan. What instruments is the money in. What are your liquid assets, How much debt do you carry, agiain your age. You cannot correctly answer your question in a vacuum (or I cannot) nor should the question be answered in a vacuum for your sake.
I would be happy to meet with you and help you to create a rational plan that takes into account all the details as well as your present income and projected income in the next ten years.Also, clearly defining your goals, so you have a reasonable financial plan that fits your needs.
Maureen Mizuno
Exit RealtyCentral
(917)443-9880... more
Peter,
I can tell you a thing or two about property values in Astoria. Even the short sales (very far and few between) are hitting Killer numbers! Over the last ten years, why not look at 1996-2012. I have seen the same unit sell 4 times. Each time adding 12-16%. Astoria is One of those places. Homes on the N Train path Command money. Still you can find a reasonable buy from time to time!... more
Hi Tiffany, would love to help you ...How close are you to the train? does the unit have CAC? what is the square footage? what floor? does it have a terrace? is it an elevator building? Any amenities? doorman, pool, gym,sauna? Call me terry K 718-614-3167 or email TKorahais@elliman.com... more
In order to determine a fair offer review comps with your agent, recently sold similar properties in the immediate area, see what the data suggests and go from there. You can also check out www.mlsli.com... more
Hi Anne,
Co-ops in Astoria starting from 169k f-300k or 1 condos starting from 300k to 500k.
Call me to schedule an appointment to see these properties
6464640144
Baris Unver (Ben)
Century 21 Triboro... more
Not sure how much you have paid, so it will be difficult to answer this. But you can always check in Trulia and Zillow and see what kind of comps you can find in that address or something in the same neighborhood.... more
If you are not working with an agent of your own, consider the idea; researching other areas of interest and expanding your search area a bit is always a good idea; check out www.mlsli.com... more
Are you buying from the sponsor? If yes, then they have a right to know, besides it will be in the contract. If this is a resale, then why are you speaking with the sponsor?
Hi N. With all due respect to Mr. Zaki, your request will be difficult to find. Many homeowners want to keep the benefit of the various tax deductions they enjoy as owners. Finding a home to rent will be difficult enough. Add the lease option and I would think the possibilities will dwindle rapidly. Good luck with your search.... more
Maria tells it like it is, and it's not just Astoria. It is everywhere--all of New York City, and every other market I am familiar with.
If you limit yourself only to properties where the full address is given in the advertisement, then you will just see fewer properties, that's all. Which may be fine for you--there are plenty of things for sale now.
But consider that people are behaving completely rationally given how the real estate market works. It is not evil, or dishonest, or designed to frustrate you, although I can hear your frustration. It's just rational human behavior.
You, as a buyer, will pay ALL commissions to any real estate brokers involved in your transaction. Yes, the seller's attorney will write the actual check, but where does the money to do that come from? It comes from YOU. As a buyer, you are the only one who puts money on the table. Everybody, including the attorneys, gets paid from your lovely pot of hard-earned cash. Remember, the seller agrees to a price taking the expenses of the transaction fully into account.
Local business customs obscure this reality. We agents/brokers do not ask buyers to agree to pay our commission share before we show properties to you. We don't, because most buyers won't do it. (I have occasionally worked with buyers who do agree to sign with me, however.)
In most cases, when they get paid, buyer's agents collect a share of the commission that the seller has already agreed to pay their agent/broker. Brokers cooperate because this is the best and certainly fastest way to get properties sold, which is what the seller wants (sometimes desperately) and what buyers want, too. (Some brokerage firms refuse to cooperate with other brokers, unfortunately for the seller who list with them.)
When brokers find a property for sale, sometimes the owner won't agree to sign an exclusive because they won't pay that much commission, but they will agree to pay a buyer's broker to bring in a buyer. The broker is often encouraged to market this property to potential buyers, including those the broker is already working with. If the property is advertised at the broker's expense, in this scenario the broker does not provide the address, because other brokers and direct buyers could take advantage of the broker's work and financial outlay, without the broker making any money at all. Which would not be fair, as I think ethicists would agree.
Real estate brokers work hard at what they do, and as business people they naturally wish to protect their efforts and investments. People who have never done it sometimes do not understand this, because most real estate work is invisible from the outside. And like ballet dancers, brokers who are good at it make it look easy.
Karla Harby VP
Charles Rutenberg Realty NYC
kharby@crrnyc.com... more
Right Here in Trulia!
After that, MLSLI.com
If that doesn't work or you prefer a broker helps you with the search, there are several eager and capable brokers and agents here.
Good Luck and whatever you do...Compatibles-Compatibles-Compatibles!... more
Acropolis is a BIG complex...approximately 700 units and while everyone has had a different experience we should not demonize it. Yes, anyone that had a bad experience has the right to say what they feel. Yes, I too have been somewhat disappointed with the speed that things are getting done there but at the end of the day, they are getting done. The halls have been looking dirty lately but that's the ridiculous amount of snow we had. Then again, some of the maintenance personnel does lack will (LOL). I too am hoping they finally get going with those hallways but I was told that they are amazing the funds this year to finally get some of them done.... but then again, they said the same about the intercom and it is finally getting done (taking forever but something like 65% is already done).
There are a dozen contractors working there but only a few that are truly capable and have pride in the work they do. Hey, you get what you pay for...LOL. If you buy there all I can say "GOOD FOR YOU". The location is tops, the conveniences are true city dwellers quality and the prices do not get more affordable for this part of Astoria. The fact that its a walk up is a minus but if you can get something in the 1st, 2nd or 3rd floor than its even better. Some of the units are tiny but some of them like the A and H lines are more comfortable and more valuable.
I have been doing work on and off the complex for about 3 years (NOT FOR MGMT but for other investors and owners) and I have yet to see a bed Bug or a mouse. I am sure that if someone said they saw a bug then I have no reason to doubt it. All in all, if you are renting you have many choices, but if you are looking to live in the 11105 zip code and this close to all of the spots and train, then your choices shrink really quickly.
Good Luck Jenny... more
Arash, you are absolutely entitled to broker representation in any real estate deal no matter who showed what to who and when it happened, full stop. As previously stated below, there are arbitration rules if a dispute arises between brokers regarding any comission.
If you feel you can wring yet a few dollars more out of a deal by using a broker, go for it. If there is slow movement in the building, you stand to benefit. Good Luck.... more