Jackson Heights Home Sells For Nearly $1 Million

By Katie Honan on December 4, 2013 3:12pm 

 The home in the area's historic district sold for $940,000, much higher than the average sale.
The home in the area's historic district sold for $940,000, much higher than the average sale.
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DNAinfo/Katie Honan

JACKSON HEIGHTS — A large, single-family home in Jackson Heights' historic district recently sold for close to $1 million — more than $300,000 above the neighborhood's average asking price, according to the realtor.

The three-story home on 86th Street was listed at $979,000 and sold for $940,000 after being on the market for a "few weeks," according to Jeff Putterman, an agent with Beaudoin Realty Group who listed the home.

The home — which was built in the 1930s — has five bedrooms, four bathrooms, a fireplace and all of the quaint details original to the house, including crown molding and hardwood floors.

"There were a lot of people interested in the home," Putterman said, noting that it was on the market for a few weeks and received many bids.

The average cost of single-family homes sold in the neighborhood so far this year is $622,455, according to the most recent data available analyzed by the realty group.

Apartment sales in Jackson Heights are at the highest they've been in five years, showing the popularity of the neighborhood for those looking to buy.

Putterman said the home, which features a large backyard, a decades-old fig tree, and a short walk to the subway, fell inside Jackson Heights' landmarked area, which was approved in 1994.

"The home was in good condition in terms of what one of those houses looked like when they were built," Putterman said, noting that the "majestic" homes were built to offer another option from the area's popular, but smaller, garden co-ops.

"There are houses, they just don't come to the market that often," he said. "If three of them came on the market today, I could sell them all very quickly for similar prices."

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