Category: LIC Real Estate Listings

Average rental price in Queens increases nearly 3.5% year-over-year: report

increase

Apr. 16, 2024 By Ethan Marshall The average rental price of studio, one-bedroom and two-bedroom units across Queens increased 3.42% year-over-year from March 2023 to March 2024, according to a report released by the real estate firm M.N. S. Real Estate. Studios experienced the most significant year-over-year increase, with the average rental price rising 7.2%,…
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Excavation set to begin on Astoria property for residential tower

Apr. 10, 2024 By zgewelb Apr. 10, 2024 By Ethan Marshall The excavation process for the property at 41-08 Crescent St. in Astoria is set to begin, marking the first step towards the construction of a 17-story residential tower, according to New York YIMBY. The 30,102-square-foot-long lot has already been surrounded by construction fencing. Machines for the construction work are expected to arrive on site within the coming weeks. The 189-foot-tall structure expected to be built on the property was designed by Dan Ionescu Architects and developed by Forte Italia LLC. Pecora Group LLC is the current owner of the… Read more »

Queens had most foreclosures among NYC boroughs in first quarter of 2024: report

Foreclosure notice and keys on a court table.

Apr. 10, 2024 By Ethan Marshall Queens accounted for the most foreclosures among the New York City boroughs in the first quarter of 2024, with 191, according to a report by the real estate agency PropertyShark. These 191 foreclosures accounted for 45% of the 424 cases that occurred in New York City this quarter. Its…
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Most expensive rental in Queens leased at $11,200 a month

rental

Apr. 3, 2024 By Ethan Marshall A Little Neck mansion at 53-27 254th St. has become the most expensive rental in Queens, with a monthly lease of $11,200. This Mediterranean style single-family home is more than 9,184 total square feet. Originally built in 2004, this property was once owned by New York Mets legend and…
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