A single-family home in Jackson Heights has sold for nearly $1 million, a further sign that the real estate market there is robust, one area real estate agent said.
“It’s close to a record,” said Jeff Putterman, of Beaudoin Realty Group. “Back in 2007 one of the houses on the same block went for a million.”
The sale of the three-story brick home on 86th Street between 34th and 35th avenues closed two weeks ago at $300,000 over the neighborhood’s average asking price, according to Putterman. The house sold for $940,000.
“There were a lot of serious buyers interested in that property,” he said.
The 4,000-square-foot house features five bedrooms, four bathrooms, a fireplace and a large backyard. Built in the 1930s, the house is on a landmarked block that used to be known as Doctor’s Row.
“Back then all the doctors lived and had offices on the block,” Putterman said. “It’s the most beautiful block in Jackson Heights.”
Last week Beaudoin Realty released a study that showed Jackson Heights in the midst of a boom with the best third-quarter sales of apartments in five years, a 43 percent improvement over last year.
“There are more apartments than houses in Jackson Heights,” Putterman said. “You might see three or four of these houses for sale each year. Single-family homes here sell only when there’s a life-changing event like death or divorce.”
Putterman pointed out that the house was listed for just a couple of weeks.
Reach reporter Bill Parry by e-mail and email@example.com or by phone at 718.260.4538.
©2013 Community News Group
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