comparative market analysis for 25-49 88th street east elmhurst, 11369

Queens Home Team at Keller Williams Realty 7535 31st Ave Ste 202 East Elmhurst, NY11370

Comparative Market Analysis

Prepared For:

Amrit Singh

Prepared By

George & Abigail [email protected]: 718-869-0270Work: (347)846-1200www.queenshometeam.com

September 21, 2015

25-49 88th Street East Elmhurst, NY 11369

Dear Amrit Singh:

Thank you for the opportunity to present this Comparative Market Analysis. This carefully prepared report of currentand past market activity compares this property with other similar properties in the area. The analysis enables you toeasily compare the features of this property with others and to determine the best pricing strategy for today's market.

We look forward to working with you in the future. Our firm is committed to providing you with professional anddedicated service. Please do not hesitate to contact me should you require any further information.

Sincerely,

George & Abigail [email protected]: 718-869-0270Work: (347)846-1200www.queenshometeam.com

Queens Home Team at Keller Williams Realty7535 31st Ave Ste 202East Elmhurst, NY 11370

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .15

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .16

Table of Contents

Side-by-Side Property Comparison

Comparable Summary

Map

Market Statistics Report

Days on Market Report

Side-by-Side Property ComparisonOn the Market Under Contract Under Contract Recently Sold Recently Sold

ML#: 2791832 2730011 2770312 2730045 2725628Address: 86-18 Astoria Blvd 24-45 85th St 86-05 25th Ave 85-09 25th Ave 25-27 86th StTown: E. Elmhurst E. Elmhurst E. Elmhurst E. Elmhurst E. ElmhurstSection/Area:Development:School Dist: 24 30 30 30 30Style: Other 2 Story Colonial 2 Story Contemporary# Fam/Det: 2 Family, Att 2 Family, Sd 2 Family, Det 2 Family, Sd 2 Family, SdRooms: 8 0 6 0 8Bedrooms: 4 2 2 4 4MBR 1st Floor: Y N Y N NBaths: 3.000 2.000 2.000 2.000 2.000# Kitchens: 2 2 2 2 2Eat In Kit: Y Y N Y YDining Room: None None None None NoneAprox Int Sqft:Basement: Full Crawl Full Crawl FullFin Basement: Y N N Y# Fireplaces: 0 0 0 0 0Wood Floors: YHeating: Gas, Steam Gas, Steam Gas, Steam Gas, Steam Gas, SteamA/C: N N N N NGarage: 0Driveway: Pvt Pvt N Pvt PvtDeck:Pool: N N N N NTaxes: $5,600 $0 $4,180 $4,130 $5,390Total Taxes: $5,600 $0 $4,180 $4,130 $5,390Appearance:Apx Yr Built: 1949 1950 1949 1950 1990New Construc: N N N N NConstruction: Brick Brick Brick Brick BrickLot Size: 27X102 25X100 35X53 41X66 25X100Horse Prop:Waterfront: N N N N NWaterview: N N N N NCul-de-sac:Adult Comm: N N N N NREO: N N Y N NShort Sale: N N N N NLSC: NEW UC UC CL CLListing Date: 8/26/2015 1/07/2015 6/05/2015 1/07/2015 12/08/2014Exp Date: 2/26/2016 12/04/2015 9/03/2015 6/06/2015 6/08/2015Contract Dte: 9/15/2015 7/16/2015 5/28/2015 4/28/2015Title Date: 8/17/2015 7/31/2015Days On Mkt: 26 250 41 140 140Original LP$: $799,000 $429,000 $510,500 $479,000 $849,000Listing Price: $799,000 $429,000 $510,500 $479,000 $749,000Sold Price: $350,000 $690,000

Information supplied by third parties and not by Multiple Listing Service of Long Island, Inc. * Denotes a change in the data.Information Copyright © 2015 Multiple Listing Service of Long Island, Inc.

1

Comparable Summary

Recently SoldML# Address Town Style Rms Br Bth List Price Sold Price % Dif List Date Cont Date Title Date DOM

2730045 85-09 25th Ave E. Elmhurst 2 Story 0 4 2 $479,000 $350,000 26.90% 1/07/2015 5/28/2015 8/17/2015 1402725628 25-27 86th St E. Elmhurst Contemporary 8 4 2 $749,000 $690,000 7.90% 12/08/2014 4/28/2015 7/31/2015 140

# Properties: 2 Averages: 4 4 2 $614,000 $520,000 17.40% 140

On the MarketML# Address Town Style Rms Br Bth Orig Price List Price % Dif List Date DOM

2791832 86-18 Astoria Blvd E. Elmhurst Other 8 4 3 $799,000 $799,000 0.00% 8/26/2015 26

# Properties: 1 Averages: 8 4 3 $799,000 $799,000 0.00% 26

Under ContractML# Address Town Style Rms Br Bth Orig Price List Price % Dif List Date Cont Date DOM

2730011 24-45 85th St E. Elmhurst 2 Story 0 2 2 $429,000 $429,000 0.00% 1/07/2015 9/15/2015 2502770312 86-05 25th Ave E. Elmhurst Colonial 6 2 2 $510,500 $510,500 0.00% 6/05/2015 7/16/2015 41

# Properties: 2 Averages: 3 2 2 $469,750 $469,750 0.00% 146Information supplied by third parties and not by Multiple Listing Service of Long Island, Inc. * Denotes a change in the data.

Information Copyright © 2015 Multiple Listing Service of Long Island, Inc.

2

86-18 Astoria Blvd, E. Elmhurst, NY 11369ML#: 2791832 Res 2 Family, Att LSC: NEW

Schools: 24 Community District 24Taxes: $5,600.00 Vill Tax:

Dis:Block: 1098

Sec:Lot: 46

Adult Comm: N Gated Prop:Beach Rts: Dock Rts:

Sec/Area:Devel:

Total Taxes: $5,600Taxes w/Basic STAR:

Br: 4 MBR 1st Floor: Y

Basement: FullFinished Bsmt: YLot Size: 27X102

OtherRooms: 8

Baths Full: 3Baths Half: 0

Lot Sqft: 2524Zoning:

Cross Street: 87 St Walk Score®: 86Directions: Please See Www.Mapquest.Com

Cul-De-Sac: Corner:

Bsmt/Subfl: Full Finished, Bathroom, Check Local Zoning1st Floor: Living Room, Kitchen, 2 Bedrooms, Bathroom2nd Floor: Living Room, Kitchen, 2 Bedrooms, Bathroom3rd Floor:Personal Property Exclusions:

Also For Rent: NRental Income:Short Sale: NREO: N

Energy Efficient Feature: NList Date: 8/26/2015 Original LP: $799,000

Prior LP:List Price: $799,000Owner Financing:

Occupancy:

On the Market

List Price: $799,000

Property Description: A Beautifully Constructed Two Family Home With Suitable Parking Spaces For Two Cars. A Backyard With Plenty Of Space ForAn Afternoon Bbq. Both Kitchens And Bathrooms Have Been Renovated As Well As The Hard Wood Floors And Windows. This Property ContainsMany More Extras. Make It Yours Today And Stop Paying Rent. Call Now!

Property Info Appx Yr Built: 1949New Constr: NConstruction: BrickFront Expose:

Horse Prop:Appearance:Waterfront: NWaterview: NWater Frtage:Bulkhead:

Rooms/Interior # Kitchens: 2Eat In Kitchen: YDiningRm: NoneDen/Fam Rm: NOffice: NAttic: NApx Int Sqft:Wood Flrs:W/W Carpet:Fireplaces: 0Skylight:

Appliances/Utilities Stove: 2Refrigerator: 3Dishwasher: 0Washer: 0Dryer: 0A/C: NHeat: Gas, SteamHeat Zones: 1Sep HW Heater: Gas

Exterior Garage:Driveway: PvtPorch:Patio:Deck:Pool: NTennis Ct:Ing Sprink:Building Size:Water: PublicSewer: Y


3

http://www.mlsstratus.com/walkscore/ws.asp?addr=86-18 Astoria Blvd, E. Elmhurst, NY 11369&encAddr=86-18 Astoria Blvd-E. Elmhurst-NY-11369&lat=40.7641810923815&lng=-73.8828836381435

24-45 85th St , E. Elmhurst, NY 11370ML#: 2730011 Res 2 Family, Sd LSC: UC

Schools: 30 Community District 30Taxes: $0.00 Vill Tax:

Dis: 0000Block: 01097

Sec: 00000Lot: 00070


Sec/Area:Devel:

Total Taxes: $0Taxes w/Basic STAR:

Br: 2 MBR 1st Floor: N

Basement: CrawlFinished Bsmt: NLot Size: 25X100

2 StoryRooms: 0


Lot Sqft: 2517Zoning: R3-2

Cross Street: Astoria, BlvdDirections: Please See Mapquest.Com

Walk Score®: 83

Cul-De-Sac: Corner:

Bsmt/Subfl: Crawl Basement, Only Boiler Room1st Floor: Lvng Rm, Eik, 1Bdrm, 1 Bath2nd Floor: Lvng Rm, Eik, 1 Bdrm, 1 Bath3rd Floor:Personal Property Exclusions:


Energy Efficient Feature: N

List Date: 1/07/2015Under Contract Date: 9/15/2015Prop Title Date:Title Date:Withdrwn/Rel Date:Comm Oblig Date:Relist Oblig Date:W/R Conditions:

Original LP: $429,000Prior LP:List Price: $429,000Contract Price:Sold Price:% Difference:Final Mort:

Under Contract


Property Description: Brick Semi-Detached 2 Family Features 6 Rooms In Total. 1st Floor & 2nd Floor, Both Include A Living Room, Kitchen, 1 Bedroom& 1 Bathroom.. Rent Stabilized

Property Info Appx Yr Built: 1950New Construct: NConstr: BrickFront Expose:


Rooms/Interior # Kitchens: 2Eat In Kitchen: YDiningRm: NoneDen/Fam Rm: NOffice: NAttic: NApx Int Sqft:Wood Flrs:W/W Carpet: NFireplaces: 0Skylight:

Appliances/Utilities Stove: 2Refrigerator: 2Dishwasher: 0Washer: 0Dryer: 0A/C: NHeat: Gas, SteamHeat Zones:Sep HW Heater:

Exterior Garage:Driveway: PvtPorch:Patio:Deck:Pool: NTennis Ct:Ing Sprink:Building Size: 25X30Water:Sewer: Y


4

http://www.mlsstratus.com/walkscore/ws.asp?addr=24-45 85th St, E. Elmhurst, NY 11370&encAddr=24-45 85th St-E. Elmhurst-NY-11370&lat=40.76382&lng=-73.883735

86-05 25th Ave , E. Elmhurst, NY 11369ML#: 2770312 Res 2 Family, Det LSC: UC


Dis:Block: 1098

Sec:Lot: 58


Sec/Area:Devel:


Br: 2 MBR 1st Floor: Y

Basement: FullFinished Bsmt:Lot Size: 35X53

ColonialRooms: 6



Cross Street: .Directions: .

Walk Score®: 86

Cul-De-Sac: Corner:

Bsmt/Subfl: Full1st Floor: Lr, Br, Kitchen, Bath2nd Floor: Lr, Br, Kitchen, Bath3rd Floor:Personal Property Exclusions:

Also For Rent: NRental Income:Short Sale: NREO: Y


List Date: 6/05/2015Under Contract Date: 7/16/2015Prop Title Date:Title Date:Withdrwn/Rel Date:Comm Oblig Date:Relist Oblig Date:W/R Conditions:

Original LP: $510,500Prior LP:List Price: $510,500Contract Price:Sold Price:% Difference:Final Mort:

Under Contract


Property Description:



Rooms/Interior # Kitchens: 2Eat In Kitchen: NDiningRm: NoneDen/Fam Rm: NOffice: NAttic: NApx Int Sqft:Wood Flrs:W/W Carpet:Fireplaces: 0Skylight:


Exterior Garage:Driveway: NPorch:Patio:Deck:Pool: NTennis Ct:Ing Sprink:Building Size:Water:Sewer:


5

http://www.mlsstratus.com/walkscore/ws.asp?addr=86-05 25th Ave, E. Elmhurst, NY 11369&encAddr=86-05 25th Ave-E. Elmhurst-NY-11369&lat=40.763656&lng=-73.882637

85-09 25th Ave , E. Elmhurst, NY 11370ML#: 2730045 Res 2 Family, Sd LSC: CL


Dis: 0000Block: 01097

Sec: 00000Lot: 00060


Sec/Area:Devel:



Basement: CrawlFinished Bsmt: NLot Size: 41X66

2 StoryRooms: 0



Cross Street: 25th AvenueDirections: Please See Mapquest.Com

Walk Score®: 86

Cul-De-Sac: Corner:

Bsmt/Subfl: Crawl Basement-Only Boiler Room1st Floor: Lvng Rm, Eik, 2 Bdrm's, 1 Bath2nd Floor: Lvng Rm, Eik, 2 Bdrm's, 1 Bath3rd Floor:Personal Property Exclusions:



List Date: 1/07/2015Under Contract Date: 5/28/2015Prop Title Date:Title Date: 8/17/2015Withdrwn/Rel Date:Comm Oblig Date:Relist Oblig Date:W/R Conditions:

Original LP: $479,000Prior LP:List Price: $479,000Contract Price: $350,000Sold Price: $350,000% Difference: 26.9Final Mort:

Recently Sold

Sold Price: $350,000

Property Description: Beautiful 2 Family Semi-Detached House In A Great Location Features Living Room, Eat In Kitchen, 2 Bedrooms & Full Bath OnEach Floor. Crawl Basement, Private Driveway. Rent Stabilized..



Rooms/Interior # Kitchens: 2Eat In Kitchen: YDiningRm: NoneDen/Fam Rm: NOffice: NAttic: NApx Int Sqft:Wood Flrs:W/W Carpet:Fireplaces: 0Skylight:


Exterior Garage:Driveway: PvtPorch:Patio:Deck:Pool: NTennis Ct:Ing Sprink:Building Size: 25X40Water:Sewer: Y


6

http://www.mlsstratus.com/walkscore/ws.asp?addr=85-09 25th Ave, E. Elmhurst, NY 11370&encAddr=85-09 25th Ave-E. Elmhurst-NY-11370&lat=40.7634166628122&lng=-73.8837211579084

25-27 86th St , E. Elmhurst, NY 11369ML#: 2725628 Res 2 Family, Sd LSC: CL


Dis:Block: 1360

Sec:Lot: 58


Sec/Area:Devel:



Basement: FullFinished Bsmt: YLot Size: 25X100

ContemporaryRooms: 8



Cross Street: 30 AveDirections: Www.Mapquest.Com

Walk Score®: 82

Cul-De-Sac: Corner:

Bsmt/Subfl: Full Finished Walkin, Boiler Room, Sep Entrance1st Floor: 2 Bedroom, Lr, Eik, 1 Full Bath, Balcony2nd Floor: 2Bedrooms, Lr, Eik, 1 Full Bath Balcony $1,400 (Rented)3rd Floor:Personal Property Exclusions:



List Date: 12/08/2014Under Contract Date: 4/28/2015Prop Title Date:Title Date: 7/31/2015Withdrwn/Rel Date:Comm Oblig Date:Relist Oblig Date:W/R Conditions:

Original LP: $849,000Prior LP: $799,000List Price: $749,000Contract Price: $690,000Sold Price: $690,000% Difference: 7.9Final Mort:

Recently Sold

Sold Price: $690,000

Property Description: Excellent Condition Brick House In Quiet Neighborhood. 2 Boiler, Close To Mayor Highway, Transportation And Airport.



Rooms/Interior # Kitchens: 2Eat In Kitchen: YDiningRm: NoneDen/Fam Rm: NOffice: NAttic: NApx Int Sqft:Wood Flrs: YW/W Carpet:Fireplaces: 0Skylight:

Appliances/Utilities Stove: 2Refrigerator: 2Dishwasher: -Washer: -Dryer: -A/C: NHeat: Gas, SteamHeat Zones:Sep HW Heater:

Exterior Garage:Driveway: PvtPorch:Patio: BackyardDeck:Pool: NTennis Ct:Ing Sprink:Building Size: 17X38Water:Sewer:


7

http://www.mlsstratus.com/walkscore/ws.asp?addr=25-27 86th St, E. Elmhurst, NY 11369&encAddr=25-27 86th St-E. Elmhurst-NY-11369&lat=40.7628969848156&lng=-73.8828521221876

LSC: NEW 86-18 Astoria Blvd, E. Elmhurst, NY, 11369 List Price: $799,000

Adult Comm: N Gated Prop:Garage: Driveway: Pvt

Sec/Area:Schools: Community District 24Lot Size: 27X102Apx Year Built: 1949

Waterfront: NWaterview: N

Other, 2Family, Att

Br: 4 MBR 1st Floor: YBaths Full: 3 Baths Half: 0#Kitchens: 2 EIK: Y

Basement: Full Fin: Y

Rooms: 8

Dining Room: None

Contruction: Brick

Taxes: $5,600.00 Vill Tax:

Heat: Gas, Steam Pool: N


ML#: 2791832

Front View 1st Fl Living Room 1st Fl Living Room other view

1st Fl Kitchen other view 1st Fl Kitchen other view 2 1st Fl Kitchen

1st Fl Bedroom #1 1st Fl Bedroom #2 1st Fl Bathroom

2nd Fl Living Room 2nd Fl Living Room other view 2nd Fl Kitchen

On the Market

8

2nd Fl Bedroom #1 2nd Fl Bathroom Rear View


9

LSC: UC 24-45 85th St, E. Elmhurst, NY, 11370 List Price: $429,000




2 Story, 2Family, Sd

Br: 2 MBR 1st Floor: NBaths Full: 2 Baths Half: 0#Kitchens: 2 EIK: Y

Basement: Crawl Fin: N

Rooms: 0

Dining Room: None

Contruction: Brick

Taxes: $0.00 Vill Tax:

Heat: Gas, Steam Pool: NDOM: 250 ML#: 2730011

Total Taxes: $0Taxes w/Basic STAR:

Under Contract


10

LSC: UC 86-05 25th Ave, E. Elmhurst, NY, 11369 List Price: $510,500

Adult Comm: N Gated Prop:Garage: Driveway: N



Colonial, 2Family, Det

Br: 2 MBR 1st Floor: YBaths Full: 2 Baths Half: 0#Kitchens: 2 EIK: N

Basement: Full Fin:

Rooms: 6

Dining Room: None

Contruction: Brick




Under Contract


11

LSC: CL 85-09 25th Ave, E. Elmhurst, NY, 11370 Sold Price: $350,000




2 Story, 2Family, Sd


Basement: Crawl Fin: N

Rooms: 0

Dining Room: None

Contruction: Brick




Recently Sold


12

LSC: CL 25-27 86th St, E. Elmhurst, NY, 11369 Sold Price: $690,000




Contemporary, 2Family, Sd


Basement: Full Fin: Y

Rooms: 8

Dining Room: None

Contruction: Brick




Recently Sold


13

Map

Comparables# ML# Address Town Style Rooms Bedrooms Baths Price LSC

1 2791832 86-18 Astoria Blvd E. Elmhurst Other 8 4 3 $799,000 NEW

2 2730011 24-45 85th St E. Elmhurst 2 Story 0 2 2 $429,000 UC

3 2770312 86-05 25th Ave E. Elmhurst Colonial 6 2 2 $510,500 UC

4 2730045 85-09 25th Ave E. Elmhurst 2 Story 0 4 2 $479,000 CL

5 2725628 25-27 86th St E. Elmhurst Contemporary 8 4 2 $749,000 CLInformation supplied by third parties and not by Multiple Listing Service of Long Island, Inc. * Denotes a change in the data.

Information Copyright © 2015 Multiple Listing Service of Long Island, Inc.

14

Market Statistics Report

On the Market

Under Contract

Recently Sold

Information supplied by third parties and not by Multiple Listing Service of Long Island, Inc.Information Copyright © 2015 Multiple Listing Service of Long Island, Inc.

$400,000 $500,000 $600,000 $700,000 $800,000

86-18 Astoria Blvd

$400,000 $500,000 $600,000 $700,000 $800,000

24-45 85th St

86-05 25th Ave

$0 $250,000 $500,000 $750,000 $1,000,000

85-09 25th Ave

25-27 86th St

15

Days on Market Report

On the Market

Under Contract

Recently Sold

Information supplied by third parties and not by Multiple Listing Service of Long Island, Inc.Information Copyright © 2015 Multiple Listing Service of Long Island, Inc.

DOM0 DOM75 DOM150 DOM225 DOM300

86-18 Astoria Blvd


24-45 85th St

86-05 25th Ave


85-09 25th Ave

25-27 86th St

16

comparative market analysis for 25-49 88th street east elmhurst, 11369

Documents