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Forest Hills : Real Estate Advice

  • All76
  • Local Info10
  • Home Buying25
  • Home Selling5
  • Market Conditions5

Activity 59
Wed Aug 14, 2013
Anna M Brocco answered:
According to MLS maintenance is $846.41 per month, plus two other fees of $43.75 and $58.09; it includes heating, electric/gas, water. For other available area properties check www.mlsli.com ... more
0 votes 1 answer Share Flag
Thu Aug 1, 2013
Michael Harmony answered:
Thu Aug 1, 2013
Michael Harmony answered:
Seasons do not matter. I depends on asking price and how long it has been on the market. For example a 500 unit in a deprived section of New York City that has been on the market for an extended period of time will be easier to negotiate than a 800 unit new to the market. ... more
0 votes 1 answer Share Flag
Mon Jul 1, 2013
Anna M Brocco answered:
No link is visible; if looking to buy in the near future consider working with an agent of your own who can provide any necessary information....
0 votes 2 answers Share Flag
Mon Jun 17, 2013
Anu Dutta answered:
Mon Jun 10, 2013
Michael Richman answered:
You are correct about it being a seller's market because of the low inventory in Forest Hills and elsewhere. The first thing you should do is get pre-approved by a lender so you know exactly how much you can afford to spend. Next, start working with a real estate agent. When they show you something you like in your price range, be aggressive in immediately making an attractive offer to the seller. Don't hesitate or try to negotiate too much. You need to be taken seriously and outsmart your competition. ... more
0 votes 6 answers Share Flag
Tue May 28, 2013
Joseph Hastings answered:
What exactly is your question? Your link is something else and it would seem the property has already sold somewhat below market.

http://www.trulia.com/homes/New_York/Queens/sold/1000935603-11-Slocum-Cres-Queens-NY-11375 ... more
0 votes 2 answers Share Flag
Tue Apr 23, 2013
Lara answered:
Hello Mike,

To better understand your answer- you are saying that a garage can legally be coverted into a “recreational” space in NYC with the correct permits?

Jus wondering.... ... more
0 votes 10 answers Share Flag
Fri Apr 12, 2013
Queens Home Team at KW Landmark II answered:
Top Rated FH Pharmacies:

http://www.yelp.com/search?find_desc=pharmacies&find_loc=Astoria%2C+Queens%2C+NY&ns=1#find_loc=Forest+Hills,+Queens,+NY&l=p:NY:New_York:Queens:Forest_Hills&sortby=rating

Top Rated FH Pediatricians:

http://www.yelp.com/search?find_desc=pharmacies&find_loc=Astoria%2C+Queens%2C+NY&ns=1#cflt=pediatricians&find_desc=pediatrician&find_loc=Forest+Hills,+Queens,+NY&l=p:NY:New_York:Queens:Forest_Hills&sortby=rating

Hope that helps:)
... more
0 votes 2 answers Share Flag
Fri Apr 5, 2013
Christopher Pagli answered:
Hi, The FHA is still extremely popular. The one thing that has changed recently is their upfront mortgage insurance premiums and monthly premiums. They have gone up 4 time over the past 2 years. The upfront is 1.75% of the loan and monthly is being raised to 1.35%. Your loan officer can explain all of the specifics in more detail. You cannot buy a coop apartment with FHA. Single family, multi family, and select condos are fine. The FHA only insures loans for approved condo complexes, you can get the list at

https://entp.hud.gov/idapp/html/condlook.cfm?CFID=13461634&CFTOKEN=501810e2c5f8ea2d-A918B4FB-DAAF-68F3-DF190C58B9978403

just copy and paste in your browser if you can't click on it.

Chris
... more
0 votes 4 answers Share Flag
Fri Mar 22, 2013
Alo webb answered:
No you absolutely cannot use the rental income from a single family to help qualify for a mortgage. This is only allowed on 2 or more units. If you need to discuss what can be done to help you qualify or find homes in your approval range please contact me anytime @ 914-299-0420 ... more
0 votes 5 answers Share Flag
Mon Mar 18, 2013
Lucky Davidson answered:
Yes.you can buy with tenant. I have 4 apartments in the same building. Tetants pay from $1200 to 1450 rent
0 votes 8 answers Share Flag
Tue Jan 29, 2013
Rhona Magelowitz answered:
The Dorian Co op was converted years ago by The Parisi family. The managing agent will be able to provide a shareholder with the financials.

I am the Treasurer of the co op in which I have resided since 1972 on 73rd Road in Forest Hills.
I also managed 11 buildings in Forest Hills, 3 of them, in Forest Hills Gardens.

In my position, we had to prepare the financial statements for the co op board.
... more
0 votes 5 answers Share Flag
Wed Aug 15, 2012
Boris Bast answered:
I operate a local site KewGardens.com and can help you sell your unit. You can contact me at 917-539-6005 Boris for further information.

Boris Bast
917-539-6005 Mobile
0 votes 6 answers Share Flag
Fri May 4, 2012
The REALTY DEPOT LLC answered:
(347)219-2037 or
(718)657-7777
0 votes 1 answer Share Flag
Wed May 2, 2012
Belto Love Bentley's asked:
Mon Jul 18, 2011
Joseph Hastings answered:
Hi Milagros. You downplay your experience by saying you're "pretty aware." Obviously, there is no state wide law that compells a Coop board to give a reason for a rejection. I don't necessarily agree with the "arbitrary practice" aspect as I've only encountered one rejection. In that case I knew if my customer got past the board, it was on a wing and a prayer as their financials and work history were less than stellar. I'll never know for sure but those two aspects make it darn likely. I would think there are many other agents/brokers who have had similar situations.

Even if a law is enacted state wide, I would think Coop boards might ratchet up their financial requirements and DTI ratios. I would also think as a board member for a dozen years, you might have come across instances where an application is rejected without an interview if the board felt the contract price was well below market value. So now what could be the consequence of giving a reason for a rejection? Peace of mind to the rejected party(ies)? I doubt it. A lawsuit? Probably. Would any board find that beneficial? I don't have those answers but it will be interesting to see what develops in Suffolk or Nassau counties when the inevitable lawsuit rears it's ugly head and at some point, it surely will.
... more
0 votes 3 answers Share Flag
Sun Jul 17, 2011
Jerry Feeney, Esq. answered:
Well, the answers below are accurate, with two exceptions. (1) There are a few boards whose by-laws require that they give an answer, in such a case a shareholder would be entitled. And (2) if sued for a fair housing violation a coop would be required to cooperate and provide accurate answers to the question of reason if presented with a prima facie case of discrimination. But, generally, coops have no affirmative obligation to provide a reason. ... more
0 votes 8 answers Share Flag
Tue Dec 21, 2010
Joseph Runfola answered:
Hello Battista, check this link http://www.nyc.gov/html/nypd/downloads/pdf/crime_statistics/cs112pct.pdf The 112th Precinct encompasses two neighborhoods known as Forest Hills and Rego Park. NYPD describes the area as follows "There are many diverse religious and ethnic groups within the precinct boundaries. The neighborhoods make up a viable, upscale, middle to upper-class community. There are several shopping districts in both Forest Hills and Rego Park; 63rd Drive - from Alderton St. to 99th St.; Queens Blvd. - from the Long Island Expwy. to Union Turnpike and Austin Street - from 69 Ave. to Ascan Avenue." ... more
0 votes 5 answers Share Flag
Sat Apr 10, 2010
Fajardo Delacruz answered:
There is plenty of shoping in the area, you can take a nice
walk or just take a bus ride just a few stops away.
0 votes 3 answers Share Flag
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