Corona, NY

The market is extremely over-supplied. We are talking about years' supplies. 100% of single family and 35% of 2-family sold were foreclosure. Do you see any "Green Shoot"?

Inventory as at 07/16/09:

184 units of 2-family - median asking price $659,000 (3 years supplies)

38 units of 1-family - median asking price $497,000 (6 years supplies)

75 units of condo - median asking price $315,000 (18.75 years supplies)

53 units of co-op - median asking price $162,000 (3.31 years supplies)

Units closed in the first half year of 2009 - 01/01/09 to 06/30/09:

31 units of 2-family - median selleing price $460,000 (11 units were REO)

3 units of 1-family - median selling price $320,000 (All were REO)

2 units of condo - median asking price $234,000

8 units of co-op - median selling price $148,750

Units closed in the first half year of 2008 - 01/01/08 to 06/30/08:

33 units of 2-Family - median selling price $662,000

1 units of 1- Family - median selling price $460,000

2 units of condo - median asking price $278,750

14 units of co-op - median selling price $141,000

Source: MLS of Long Island

It is located at 99-45 60th Ave - 1 bedroom 1 bath about 850 square feet.

Sold for $100,000 in Jan, 2009.

Sherwood Village is a 6-stories building built in 1961, managed by Wentworth Management.

The building is located on 60th Avebetween 99th St & Calloway St.

The maintenance Fee is $540 which includes electric, gas, water, heat and real estate tax.

Inventory as at 02/18/09:

212 units of 2 family - median asking price $689,500

33 units of 1 family - median asking price $499,000

95 units of condo - median asking price $369,000

43 units of co-op - median asking price $170,000

Units closed in the 6 months period from 8/1/08 to 01/31/09:

32 units of 2 family - median selling price $586,000

9 units of 1 family - median selling price $420,000

10 units of condo - median asking price $302,500

13 units of co-op - median selling price $152,500

Units closed in the 6 months period from 2/1/08 to 7/31/08:

35 units of 2 Family - median selling price $640,000

3 units of 1 Family - median selling price $455,000

2 units of condo - median asking price $320,500

11 units of co-op - median selling price $137,000

Source: MLS of Long Island

Inventory as at 12/20/08:

211 units of 2 family - median asking price $699,000

38 units of 1 family - median asking price $534,000

105 units of condo - median asking price $365,000

35 units of co-op - median asking price $169,000

Units closed in the 6 months period from 6/1/08 to 11/30/08:

29 units of 2 family - median selling price $600,000

6 units of 1 family - median selling price $410,000

8 units of condo - median selling price $310,000

13 units of co-op - median selling price $175,000

Units closed in the 6 months period from 12/1/07 to 5/31/08:

37 units of 2 Family - median selling price $629,200

3 units of 1 Family - median selling price $540,000

2 units of condo - median selling price $307,500

19 units of co-op - median selling price $145,000

Source: MLS of Long Island

According to the New York City Department of Parks and Recreation, "The Hall of Science was built for the 1964 World's Fair. Today, the facility is New York City's only hands-on science and technology museum." Being a mom always on the search for something for the little people to do I found myself thinking, "Now how cool is that?"

After my turtle run in Flushing Meadows Corona Park, I am here to tell you it's awesome! There are NSA Rockets parked outside gleaming in the sunshine, people! Where else in New York City can a person casually stroll by such gorgeous out-of-this-world eye candy? (In my case, turtle run, but I digress...)

This place is all about the kids -- check out the kid empowerment zone! If you want to schedule yourself a seriously fun play date with your children (and sneak in some educational science while frolicking) please feel free to take yourself down to the New York Hall of Science located at 47-01 111 Street, Corona NY 11368 (718) 699-0005.

Here's a little eye candy from my turtle run today. Enjoy!