If you wanted to get a feel for the way things once were in Staten Island, Tottenville is likely be a good place to start. While the housing stock has changed over the years, the history of this town still retains quite a bit of yesteryear. Surrounding this community™s waterfront you will find classic Victorians, Colonials, Second Empire, and Cottage homes. So let™s start out at the Conference House, a National Historic Landmark.
Nearly two months after the signing of the Declaration of Independence, The British Peace Commissioner the Admiral Lord Howe invites American delegates Benjamin Franklin, John Adams and Edward Rutledge to a Peace Conference, which was held almost 232 years ago on September 11, 1776, at the home of Captain Christopher Billopp (the Conference House, above). The conference house is fully restored and if your looking for a place to visit on Staten Island, this national treasure is a place to see. (more…)
So where is Manor Heights, Staten Island? Well the community just south of the Staten Island Expressway, around Manor Rd. So, here is a rundown of home sales. All sales information is compiled and reported by the New York City Department of Finance. All information is a matter of public record and reported home sales are not necessarily marketed and sold trough real estate agents or brokers. Price information listed as N/A means the home transfers without money considerations. Find home sales data in Manor Heights or any other Staten Island neighborhood here. You can find real estate listings for Manor Heights Staten Island here.
Neighborhood Property Type Address Price Closeing Date
MANOR HEIGHTS ONE FAMILY HOMES 174 MOUNTAINVIEW AVENUE N/A 5/13/2008
MANOR HEIGHTS ONE FAMILY HOMES 126 WELLBROOK AVENUE $350,000 5/9/2008
MANOR HEIGHTS ONE FAMILY HOMES 232 WESTWOOD AVENUE $334,750 4/30/2008
MANOR HEIGHTS ONE FAMILY HOMES 369 MELBA STREET $390,000 4/16/2008
MANOR HEIGHTS ONE FAMILY HOMES 18 DUKE PLACE $335,000 4/10/2008
MANOR HEIGHTS TWO FAMILY HOMES 161 HAROLD STREET N/A 4/8/2008
MANOR HEIGHTS TWO FAMILY HOMES 228 SUFFOLK AVENUE $380,000 3/26/2008
MANOR HEIGHTS TWO FAMILY HOMES 33 PORTAGE AVENUE N/A 3/20/2008
MANOR HEIGHTS ONE FAMILY HOMES 214 HOLDEN BOULEVARD $495,000 3/19/2008 (more…)
Here is a report on home sales for Grymes Hill, Staten Island. If you™re not familiar with this area, it has some of the most spectacular views of New York Harbor. Well here are the recent movers in Grymes Hill. Yes, homes in this area can fetch quite a bit, as you can see in this report. We™ll down to the business of numbers, and fresh from the folks whom collect those numbers (NYC Department of Finance), here is what sold in the area. N/A means the home was transferred without money considerations.
Neighborhood Property Type Street Name Sold Price Closeing Date
GRYMES HILL ONE FAMILY HOME 40 HOWARD AVENUE $1,550,000 10/2/2007
GRYMES HILL COOPS 9B SETH COURT,9B $165,000 5/9/2008
GRYMES HILL ONE FAMILY HOMES 80 CEDAR TERRACE N/A 5/6/2008
GRYMES HILL COOPS 20 SETH CT.B $156,000 5/2/2008
GRYMES HILL COOPS 182 ARLO ROAD,182A $180,000 5/1/2008
Here is your home sales report for Castleton Corners Staten Island. The home sales data is reported by The New York City Department of Finance, the department collects data on home sales within the 5 Boroughs. So, here are some highlights in this report; 44 Ohio St. wins the price cake so far in Castleton Corners at $814,000. We™ll it appears someone got a deal, as a home sold for less than a pound cake and a Mocha Frappuccino at Starbucks, on Egbert Ave. It was probably an in the family deal, in other words not a marketed real estate transaction. Just note N/A means the home was transferred without money considerations. You can find other neighborhood home sold data here. Additionally, you can search real estate listings in Castleton Corners or all of Staten Island here.
Property Type Address Sale Price Closeing Date
ONE FAMILY HOME 92 CROWELL AVENUE N/A 5/13/2008
ONE FAMILY HOME 14 CAROLINA PLACE $370,000 4/30/2008
ONE FAMILY HOME 221 EGBERT AVENUE $450,000 4/28/2008
TWO FAMILY HOME 100 BEECHWOOD PLACE N/A 4/25/2008
TWO FAMILY HOME 15 BRADLEY AVENUE N/A 4/25/2008
TWO FAMILY HOME 176 GREENLEAF AVENUE N/A 4/7/2008
ONE FAMILY HOME 173 RAYMOND PLACE N/A 4/3/2008
TWO FAMILY HOME 24 GANSEVOORT Blvd. N/A 4/3/2008
ONE FAMILY HOME 27 CROWELL AVENUE N/A 4/1/2008
TWO FAMILY HOME 170B GREENLEAF AVE. $537,941 3/31/2008
ONE FAMILY HOME 229 POTTER AVENUE N/A 3/21/2008
TWO FAMILY HOME 99 CHANDLER AVENUE N/A 3/18/2008
TWO FAMILY HOME 42 ALPINE COURT N/A 3/17/2008
ONE FAMILY HOME 127 STURGES STREET $420,000 3/14/2008
ONE FAMILY HOME 28 GANSEVOORT Blvd. $380,000 3/14/2008
VACANT LAND STURGES STREET N/A 3/14/2008
ONE FAMILY HOME 145 MAINE AVENUE $437,800 3/12/2008
TWO FAMILY HOME 122 KINGSLEY AVENUE $440,000 3/10/2008
TWO FAMILY HOME 56 MOUNTAINVIEW AVE. $498,500 3/10/2008
ONE FAMILY HOME 71 KINGSLEY AVENUE N/A 3/7/2008
ONE FAMILY HOME 246 SLOSSON AVENUE $365,000 3/6/2008
TWO FAMILY HOME 44 OHIO PLACE $814,600 3/6/2008
ONE FAMILY HOME 38 COLLEGE AVENUE N/A 2/29/2008 (more…)
Here is a report of commercial property sales from the beginning of the year to June 2008. This information was collected from the New York City Department of Finance. Just a reminder, all property sales in New York City are a matter of public record. N/A means the property transferred, but the sales price did not reflect cash considerations or was unavailable at the time of the report.
Here are some commercial real estate deals of note¦One of the largest deals according to the report was in Port Richmond where 1579 Forest Ave. was sold for nearly 9.5 million. The location is where the current Walgreen’s sits. In the spirit of competition (CVS sits nearby) Walgreen’s surely laid out the green to acquire that property. However, I’m scratching my head with that one. Another large commercial real estate deal took place nearby in March of this year with 2031 Forest Ave in Mariners Harbor, fetching 3.3 million. The 2 story 15576 sq. feet building and 21250 sq. feet property is a mixture of retail storefronts and office space.
If you looking for commercial property, You can find commercial real estate listings on Staten Island here. Below, is the reported commercial sales data for Staten Island.
ARROCHAR OFFICE BUILDINGS 144 MC CLEAN AVENUE $730,000 – 9/21/2007
MARINERS HARBOR OFFICE BUILDINGS 144 SIMONSON AVENUE N/A – 6/5/2008
PORT RICHMOND STORE BUILDINGS 438 PORT RICHMOND AVE. $1,700,000 -5/8/2008
CLOVE LAKES STORE BUILDINGS 977 VICTORY BOULEVARD $1,800,000 – 4/16/2008
CASTLETON CORNERS OFFICE BUILDINGS 1910 VICTORY BOULEVARD $1,589,006 – 4/15/2008
PRINCES BAY OFFICE BUILDINGS 5810 SEGUINE AVENUE $2,122,809 – 4/15/2008
SOUTH BEACH OFFICE BUILDINGS 1492 HYLAN BLVD. $1,537,314 – 4/15/2008
STAPLETON STORE BUILDINGS 442 BAY STREET $350,000 – 4/15/2008
STAPLETON STORE BUILDINGS 170 BROAD STREET N/A – 4/15/2008
TOTTENVILLE STORE BUILDINGS 137 BARNARD AVENUE $1,150,000 – 4/10/2008
CASTLETON CORNERS STORE BUILDINGS 2001 VICTORY BOULEVARD $1,750,000 - 4/9/2008
When it comes to New York City real estate, St. George Staten Island is usually not one of those places people consider as the new œplace to be. No, neighborhoods like Fort Green, Williamsburg, Long Island City, and even Bedford Stuyvesant seemingly became the neighborhoods of choice when it came to finding an alternative to the high cost living in some of New York City’s more expensive neighborhoods. However, things have been taking shape in St. George, even considering the sluggishness of today’s real estate market.
A view of the Manhattan Skyline from St. George
A trip down to St. George reveals some of the unique character of this community. Colonials, Tudors, art deco apartments and now newly constructed condos are part of the housing stock here. However, the one advantage over many communities (yes, even those new œin places around town), is the panorama afforded to the residents of whom have taken residence here. Quite frankly, there is no single community within the city limits that can afford someone the ability to take in the skyline from Bayonne New Jersey, past Jersey City and lower Manhattan, right down to the mouth of New York Harbor, all standing at ground level.
(Top left) Commercial St. George and St. George Theater Along Hyatt Ave. (left) A view of the St. Peters Church from Belmont Place.
The real wonder here is why Saint George has been hidden in obscurity. My personal belief is much of this area has not been reveled to yearning New Yorkers looking for an affordable, yet urban setting, which has been the making of other communities around the city. Some say development interests have taken a look at Saint George, yet found limited ability to attain the right level of commercial mixed use property to make a particular project financially worthwhile. To a degree the latest plan, known as the Special Saint George rezoning district, address that need. However, that’s, a zoning thing that I will address in at a later date. So let me stick to my plan here and show you around some of the landscape in Saint George. (more…)
(Above)The promenade along Richmond Terrace in Saint George offers an unprecedented view of Lower Manhattan, Downtown Brooklyn and Jersey City, New Jersey.
(Below)Wall St. Staten Island offers a bit of a different view than the Wall St. in Lower Manhattan. The Staten Island Ferry sits in the backdrop as it approaches the Staten Island Ferry Terminal in this photo.
First time home buyers are eligible for $7,500 tax credit under the new federal housing bill. Under the bill, new home buyers will be eligible for a federal tax credit of $7,500. The best part of the plan is it’s retroactive to April 9th, 2008. This will allow home purchasers who bought prior to the bills signing the ability to apply for the tax credit. However, the tax credit is set to expire on July 1, 2009, giving potential new homeowners a window of 10+ months to take advantage of the credit. Remember, this is on homes that close before that date.
New refinancing provisions under the Housing Bill.
Another provision in Housing Bill looks to provide mortgage refinancing assistance to homeowners, allowing homeowners’ suffering from high cost mortgages an ability to refinance into a lower-cost FHA insured mortgage. The one drawback is the lenders participation in the program is not mandated, and do have a choice in not allowing a homeowner to opt into a FHA insured mortgage. The program is available only to existing mortgage holders and only on mortgages originated on or before January 1, 2008. Here are several key refinance provisions under the new bill:
¢ Owner-occupancy is required.
¢ New FHA mortgage conversions can only be for fixed rate 30 year mortgages.
¢ FHA mortgage refinances, and cannot exceed 90% of the estimated property value.
¢ Borrower’s debt-to-income ratio cannot exceed 31%.
Housing Bill provides a bailout of Fannie Mae and Freddie Mac.
In order to shore up confidence and liquidity for mortgage lenders, another provision of the housing bill allows the Treasury Department to extend an additional line of credit to Fannie Mae and Freddie Mac. The purpose is to allow Fannie Mae and Freddie Mac the authority to purchase mortgages. However, mortgages purchased by Fannie Mae and Freddie Mac cannot exceed 115% of local median home price, and limited to markets with traditionally high housing costs. Additionally, mortgages purchased by either company cannot exceed $625,000. The housing bill takes an unprecedented step of allowing the Treasury Department to lend money and (or) to make stock purchases of Fannie Mae and Freddie Mac until the end of next year. Note: Fannie May (FNMA) and Freddie Mac (FMC) buy and sell bundled federally insured mortgages as a security on the open market.
New regulatory provisions for the lending industry fall under the bill. (more…)