Jackson Heights house fetches near record price in recent sale

Jackson Heights single family home sells for nearly $300,000 above the average price for a house in the neighborhood. Photo by Bill Parry
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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 or by phone at 718.260.4538.

Posted 12:00 am, December 14, 2013
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Reader feedback

susan from queens says:
We need to start deporting these illegals to get some room back in queens. House prices and rent prices are out of control, but yet the government does nothing to stop it. If the government just started deporting people like it should be, we would have more room in nyc. Also, it needs to quit selling houses to churches and start charging these churches property taxes in nyc. Its so crazy that the government allows this to go on. Because of all of the churches, other homeowners have to foot the bill to make up for the loss of taxes on those properties that the churches own.
Dec. 15, 2013, 10:43 am
Matt from Jackson Heights says:
Show Jackson Heights some love and cast a vote in the Curbed Cup:
Dec. 18, 2013, 8:55 pm

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