$298,600 EMV

2 Beds   1 Bath   750 Sq. Ft.   Condo
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65th Ave Apt B26
Forest Hills, NY 11375

Overview

This Condo Foreclosure is located at 65th Ave Apt B26, Forest Hills, NY 11375. It has 2 Beds 1 Bath , 750 sqft of living space. This property is currently bank owned with an estimated market value of $298,600.
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Status: Active
Listing ID: 62968535
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Learn about 65th Ave Apt B26 in Forest Hills, NY

This condo property is available as a foreclosure at 65th Ave Apt B26. This property features 2 bedrooms and 1 bathrooms, perfect for investment and/or your personal residence. With 750 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Forest Hills, specifically for 65th Ave Apt B26 and comparable listings. Based on this expert analysis, the estimated market value is $298,600. If purchased for rental purposes, the monthly rental rate could range between $3,010 and $4,070, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on 65th Ave Apt B26 are updated daily along with others in Forest Hills, New York, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for 65th Ave Apt B26 below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Foreclosure Timeline

65th Ave Apt B26 in Forest Hills New York Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on 65th Ave Apt B26
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01/10/25
Bank owned
Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

What is the city of Forest Hills, NY like?

Forest Hills is a vibrant neighborhood located in the borough of Queens, New York. Known for its lush green spaces and historic architecture, it offers a unique blend of suburban charm and urban convenience. The area is characterized by tree-lined streets, single-family homes, and a strong sense of community.

This neighborhood is home to a variety of amenities, including countless restaurants, cafes, and shops. Residents enjoy easy access to the Forest Hills Stadium, which hosts a range of concerts and events throughout the year. For outdoor enthusiasts, the nearby Forest Park offers walking trails, sports facilities, and picnic areas, making it a popular spot for families and individuals alike.

Education is a high priority in Forest Hills, with several highly-rated schools and educational institutions in the vicinity. Additionally, the neighborhood is conveniently connected through public transportation, with the E and F subway lines providing direct access to Manhattan, making it a desirable location for commuters.
Rental Chart
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Property Information

Foreclosure

The property located at 65th Ave Apt B26 in Forest Hills, NY is listed as a Foreclosure

Properties like 65th Ave Apt B26 in Forest Hills, New York listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Forest Hills, NY. The longer lenders own properties like this on 65th Ave Apt B26, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for 65th Ave Apt B26 located in Forest Hills, NY is $3,540/month. Comparable homes around 65th Ave Apt B26 that are rentals have monthly ranges starting as low as $3,010 per month and as high as $4,070 per month. An owner looking to use this property as an investment could bring a return in the area of $3,010 - $4,070 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
01/10/25   Foreclosure
06/04/24 06/14/24 Preforeclosure NewRez LLC
06/04/24 06/07/24 Preforeclosure

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65th Ave Apt B26
Forest Hills, NY 11375

2 Beds   1 Bath   750 sq. ft.   Condo

$298,600 EMV

Status: Active Listing ID: 62968535

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Listing URL

https://www.foreclosure.com/listing/address.html?address=65th-Ave-Apt-B26-Forest-Hills-NY-11375/62968535_lid

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