it will get sold quickly, that the power of NYC. people got cash.. a lot of of it. i don't think Queens prices ever dropped even during the 2008-2009 recession..
@@HelloWorld-hb7yt it did drop. My detached house, bought for 680k dropped to 570k. And took a few years to go back up. But that’s literally the norm. :)
Thank you for sharing. Since it's a new construction why did they install mini-splits and baseboard heat rather than traditional hvac with duct? Is it a new trend around nyc or because it's preferred by Asians and they are the targeted buyers? By the way, great to see you hanging out with your mom and seeing her in the video. It's a good reminder that I need to catch-up with my parents. 😉
@@jimmyc2769 is it expensive? I haven’t compared prices for a while. Just enjoy looking at houses. I’m sure it’s not outrageously priced? Might be $100k above?
Thanks for the open house tour. 👍 Nice all-brick exterior construction home.👌 Agreed, this is a terrible investment for anyone seeking to build or preserve wealth.👎 An approximate 15k carrying cost with 25% down is not sustainable. The rental income will not offset the cost. Is it a common design for modern detached homes in NYC to have separate/external access between the main and second floors, electric baseboard heaters (forced air noted in the brochure)?
@@RetireearlyNYC precisely my thought. There are baseboard heaters and ductless a/c in this house. What is the split cost ratio between the upper and lower floor dwelling units (pro-rated by living area)?
malba area????? actually, as you were walking.... looks like you were walking towards Francis Lewis.... end of the video you were walking along Utopia????
What you get for $2.2M in NYC? High taxes, lousy weather, migrants, the mentally ill and drug addicts on the streets, violence and property crimes, police who can't enforce the law, etc.
NYC taxes are lower than surrounding suburbs and in most of Northeast. Weather is nice apart from a couple inches of snow in Winter and a little humidity in Summer. I'd trade it over Florida, the Carolinas and the increasingly hot and arid Southwest. Mentally ill and homeless drug addicts, a blight in any community, are not as omnipresent as certain news outlets would have you believe. Come visit, you may be surprised.
@@barbechivo Im in Long Island, can confirm, the Mentally Ill/Homeless is near absent once you exit NYC near the center. Feels like a different nation to be honest
@@ubiquitousdiabolus it all depends on where you are coming from as I stated in the video. NONE of those things you mentioned are where I live. You can go to parts of Long Island and fine exactly the same thing. But with higher taxes lol
@@ubiquitousdiabolus there’s a place for everybody. Why shit on somebody else’s neighborhood? You don’t like it, or don’t understand it, or watch propaganda , then don’t live there. The rest of us are fine.
@@JohnBogle286 welcome to America!! Of course the two areas look and feel feel different. The population density of NYC is 6 times that of Nassau Co., and 20 times that of your sister county to the east. A high population density has a concomitant high density of social problems. Likewise, I'm sure parts of Kentucky may feel alien to a Yankee from Nassau but Kentuckians may cast an eye of derision your way when they hear that discordant irksome accent. Then again, Long Island would probably look and feel like Kentucky without the economic engine of NYC. For the most part Long Island is bland and endlessly boring.
nice house, carrying cost is high for sure
@@gemtyler8258 yeah. You pretty much get what you pay for. You pay extra for being in a nice area:)
it will get sold quickly, that the power of NYC. people got cash.. a lot of of it. i don't think Queens prices ever dropped even during the 2008-2009 recession..
@@HelloWorld-hb7yt it did drop. My detached house, bought for 680k dropped to 570k. And took a few years to go back up. But that’s literally the norm. :)
NYC real estate never drops! Guaranteed equity
Thank you for sharing. Since it's a new construction why did they install mini-splits and baseboard heat rather than traditional hvac with duct? Is it a new trend around nyc or because it's preferred by Asians and they are the targeted buyers? By the way, great to see you hanging out with your mom and seeing her in the video. It's a good reminder that I need to catch-up with my parents. 😉
@@zmanoman thanks! I’m gonna guess it’s bc mini splits are cheaper :)
That property is very close to me, I'm by Bay Terrace area. Expensive especially for that location
@@jimmyc2769 is it expensive? I haven’t compared prices for a while. Just enjoy looking at houses. I’m sure it’s not outrageously priced? Might be $100k above?
Thanks for the open house tour. 👍
Nice all-brick exterior construction home.👌
Agreed, this is a terrible investment for anyone seeking to build or preserve wealth.👎 An approximate 15k carrying cost with 25% down is not sustainable. The rental income will not offset the cost.
Is it a common design for modern detached homes in NYC to have separate/external access between the main and second floors, electric baseboard heaters (forced air noted in the brochure)?
@@hz240 this is a 2 family. That’s why there’s 2 separate entrances.
@@hz240 I think the heaters are typically gas not electric. Electric heat would be prohibitively expensive.
@@RetireearlyNYC precisely my thought. There are baseboard heaters and ductless a/c in this house.
What is the split cost ratio between the upper and lower floor dwelling units (pro-rated by living area)?
@@hz240 what do you mean by that? In terms of rent? In terms of sales price?
@@RetireearlyNYC latter in terms of the title too.
malba area????? actually, as you were walking.... looks like you were walking towards Francis Lewis.... end of the video you were walking along Utopia????
@@kev13nyc no the other end
overpriced
@@TravelTechie415 maybe. I don’t know. Somebody will buy it somewhat close to asking price. Everything eventually sells :)
What you get for $2.2M in NYC? High taxes, lousy weather, migrants, the mentally ill and drug addicts on the streets, violence and property crimes, police who can't enforce the law, etc.
NYC taxes are lower than surrounding suburbs and in most of Northeast. Weather is nice apart from a couple inches of snow in Winter and a little humidity in Summer. I'd trade it over Florida, the Carolinas and the increasingly hot and arid Southwest. Mentally ill and homeless drug addicts, a blight in any community, are not as omnipresent as certain news outlets would have you believe. Come visit, you may be surprised.
@@barbechivo Im in Long Island, can confirm, the Mentally Ill/Homeless is near absent once you exit NYC near the center. Feels like a different nation to be honest
@@ubiquitousdiabolus it all depends on where you are coming from as I stated in the video. NONE of those things you mentioned are where I live. You can go to parts of Long Island and fine exactly the same thing. But with higher taxes lol
@@ubiquitousdiabolus there’s a place for everybody. Why shit on somebody else’s neighborhood? You don’t like it, or don’t understand it, or watch propaganda , then don’t live there. The rest of us are fine.
@@JohnBogle286 welcome to America!! Of course the two areas look and feel feel different. The population density of NYC is 6 times that of Nassau Co., and 20 times that of your sister county to the east. A high population density has a concomitant high density of social problems. Likewise, I'm sure parts of Kentucky may feel alien to a Yankee from Nassau but Kentuckians may cast an eye of derision your way when they hear that discordant irksome accent. Then again, Long Island would probably look and feel like Kentucky without the economic engine of NYC. For the most part Long Island is bland and endlessly boring.