Ask Rey About Real Estate

One Bed Coop For Sale on Bronx River Road

Rey Hollingsworth Falu — Fri, 19 Apr 2013 19:10:00 GMT

Full of Amenities

• 756 sq. ft., 1 bath, 1 bdrm apartment - MLS $122,000 - Move In Ready Co-op

Bronx River Road, Yonkers - Large sun-filled one bedroom for sale near Metro North & NYC subway. 756 sqft of carpeted hardwood floors with five closets. The bright, large living room has exposed brick wall and 2 southern-exposure windows. The large sunny bedroom has large custom built-in double closets. Renovated bath has Kohler cast-iron tub, with glass shower doors.

The kitchen, with double doors off the foyer, and opening onto the dining area, is newly renovated with custom-built espresso-stained 100% solid-wood cherry and frosted glass/aluminum-frame cabinets with adjustable shelving and Blum soft-close hinges, Costa Esmeralda granite double countertops with a stainless steel D-shaped deep sink; outfitted with stainless steel GE appliances: over-the-range microwave and (very silent) Energy-Star dishwasher. Pre-wired for landline, fiber-optic, and HD cable.

Elevator building, live-in super, pool for annual membership fee, no waitlist on outdoor parking space for $50/month. In Yonkers near NYC border! Across the street from Mount Vernon West Metro North & close to Wakefield (2) subway. Close to Van Cortlandt Park, Bronxville restaurants/shops, Cross County Shopping Center, 15min. drive to Costco/Home Depot/Stew Leonard's and Ridge Hill Shopping Center (Whole Foods). Off Bronx River Parkway. STAR rebate lowers maintenance by $89. Make an appointment today.

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One Bed Coop for sale on Midland Avenue, Yonkers NY

Rey Hollingsworth Falu — Tue, 16 Apr 2013 21:27:00 GMT

Pet Friendly

• 725 sq. ft., 1 bath, 1 bdrm apartment - MLS $109,000 - Affordable One Bedroom

Midland Avenue, Yonkers - Affordable. Convenient. Move-in. Freshly painted one bedroom coop for sale in Kimberly Gardens. Dogs lovers rejoice! Your small dog is welcome. Coop has Living Room, Dining Room, Kitchen with dishwasher, one Bedroom, Bathroom and four closets. Low maintenance. Close to Metro North. Close to Cross County Shopping. Elevator building. Easy access to all major highways. STAR reduces maintenance by $77/month. Make an appointment today.

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Four Bed Home at end of Cul De Sac For Sale

Rey Hollingsworth Falu — Tue, 16 Apr 2013 21:15:00 GMT

End of Cul de Sac

• 2,252 sq. ft., 3 bath, 4 bdrm 2 story - MLS $530,000

Beacon Hill, White Plains - Immaculate contemporary four bed, three bath home at the end of the cul de sac. Built in '88, large open kitchen with stainless steel & granite counters opens up to family room with fireplace & french doors to canopied deck. Includes formal dining room and living room. Master bedroom has walk-in closets, master bath & double high ceilings. Fits California king bed & some! All bedrooms well-proportioned. If you love light, space and peace this home is for you! Make an appointment today.

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Luxury Rental Sauna/Pool/Gym/Garage/W&D Included in Fleetwood

Rey Hollingsworth Falu — Wed, 13 Mar 2013 19:15:00 GMT

Pool/Sauna/Gym/Garage/W&D Included

• 1,050 sq. ft., 1 bath, 1 bdrm apartment - MLS $1,800.00 Monthly - Luxury Rental

Fleetwood, Mount Vernon - One bedroom Luxury Rental at Fleetwood Glen Condominiums. Garage Space, Pool, Gym & Sauna are all Included. Has terrace, six closets, video intercom system, Central A/C & heat, Washer Dryer in Unit. Very spacious. Only steps to Metro North & 28 Minutes to Midtown. Pets Ok. Make an appointment today.

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Apartment For Sale in Downtown Mount Vernon

Rey Hollingsworth Falu — Wed, 13 Mar 2013 18:53:00 GMT

Affordable & Updated

• 750 sq. ft., 1 bath, 1 bdrm apartment - MLS $90,000 - No waitlist for parking

Downtown Mount Vernon, Mount Vernon - One bedroom co-op with huge living room and parquet floors near Metro North. Kitchen has been refurbished with new cabinets & new microwave, dish washer & fridge. ACs included. Noise reducing concrete construction. No waitlist for parking. One block from Metro North, super markets and all shops. Low maintenance of $595/month. Own your home for less than a rental. Make an appointment today.

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One Bed that allows Dogs For Sale on Bronx River Road

Rey Hollingsworth Falu — Wed, 13 Mar 2013 18:39:00 GMT

Working Fireplace

• 800 sq. ft., 1 bath, 1 bdrm apartment - MLS $88,000 - New Kitchen

Bronx River Road, Yonkers - Fabulous pre-war Tudor construction welcomes you to this one bed home close by Fleetwood train station, Starbucks & shops. NEW: Brand new GE range, brand new Stainless Steel fridge, brand new custom cabinets. CLASSIC: Rounded archways, moldings, high ceilings, working wood burning fireplace and hardwood floors in this PET FRIENDLY BUILDING. Grand Central Station 27 minutes away by Metro North, less to Connecticut...MANY highways nearby. Five cedar closets for storage. Make an appointment today.

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One Bed with Deed Parking For Sale in Bronx River Road

Rey Hollingsworth Falu — Thu, 28 Feb 2013 19:49:00 GMT

Guaranteed Parking

• 750 sq. ft., 1 bath, 1 bdrm single story - MLS $119,000 - Brand New Kitchen

Bronx River Road, Yonkers - GUARANTEED PARKING in this brand new one bedroom with stainless steel appliances & custom built upgrades on Bronx River Road. Custom built Shanandoa Cherry wood cabinets, custom made countertops & new stainless steel appliances still in the plastic. STAR exemption of $89/mo reduces maintenance to only $395/month. Only 3 blocks from Metro North. Cross County, Starbucks, CVS, cleaners & salon nearby. Peaceful building is set back from main road. Make an appointment today.

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2 Family w Finished Basement For Sale in North Terrace Avenue

Rey Hollingsworth Falu — Thu, 28 Feb 2013 19:43:00 GMT

Finished Walkout Basement

• 3,700 sq. ft., 3 bath, 4 bdrm 3 story - MLS $549,000 - Live & Rent!

North Terrace Avenue, Mount Vernon - Spacious 2 family house in Fleetwood with large living spaces, garage, backyard & full finished basement. Enjoy this peaceful, clean street on the north side of Mount Vernon. Two large 2 bedroom apartments with laundry in each. Hardwood floors, new bathrooms & kitchens. Basement is fully finished with summer kitchen, refinished bath, and 3 rooms. Nice yard with covered patio. Two car garage with long driveway. Very close to Metro North train. STAR reduces taxes by $2028. Make an appointment.

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One Bed Coop with Gym For Sale in Fleetwood

Rey Hollingsworth Falu — Mon, 11 Feb 2013 19:17:00 GMT

Fitness Center In-house

• 750 sq. ft., 1 bath, 1 bdrm single story - $73,000 - Affordable

Fleetwood, Mount Vernon - Safe, clean and affordable one bedroom coop with fitness center in North Mount Vernon. Looking for a perfectly sized one bedroom with a reasonable maintenance of $561/month in a good building? This unit is move in ready with laundry on site and new fitness center on site. Close to bus & easy to get to train. Make an appointment to see this unit before it is gone. No dogs.

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December 2012 - Bronxville Market Report

Rey Hollingsworth Falu — Fri, 01 Feb 2013 14:38:00 GMT

Current Market Conditions for: Bronxville

Property Type: Single Family

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	December 2012	change fromNovember 2012	change fromDecember 2011
Median Sale Price	$2,775,000	change from47.2%	change from0.0%
Average Sale Price	$2,775,000	change from71.1%	change from0.0%
Homes Sold	1	change from-66.7%	change from0.0%
Average Days On Market	284	change from49.5%	change from0.0%
% Of Sale Price To List Price	95.85	change from-1.0%	change from0.0%
Homes For Sale	12	change from-42.9%	change from-53.8%
Months Of Inventory	12.00	change from71.4%	change from0.0%

December 2012 - Mount Vernon Market Report

Rey Hollingsworth Falu — Fri, 01 Feb 2013 14:34:00 GMT

Current Market Conditions for: Mount Vernon

Property Type: Single Family

Watch Video

	December 2012	change fromNovember 2012	change fromDecember 2011
Median Sale Price	$360,000	change from29.7%	change from2.9%
Average Sale Price	$343,300	change from11.0%	change from11.7%
Homes Sold	5	change from-50.0%	change from-44.4%
Average Days On Market	160	change from-38.9%	change from-24.5%
% Of Sale Price To List Price	91.72	change from0.6%	change from-1.6%
Homes For Sale	94	change from-19.0%	change from-16.1%
Months Of Inventory	18.80	change from62.1%	change from51.6%

How the Fiscal Cliff Bill of 2012 Affects Your Home

Rey Hollingsworth Falu — Thu, 24 Jan 2013 16:02:00 GMT

On January 1st both the Senate and House passed H.R. 8, legislation to avert the “fiscal cliff.” Here are the real estate provisions in the bill.

1. Mortgage Cancellation Relief is extended for one year to January 1, 2014.

2. Deduction for Mortgage Insurance Premiums for filers making below $110,000 is extended through 2013 and covers 2012.

3. 15 year straight-line cost recovery, for qualified leasehold improvements on commercial properties, is extended through 2013 and covers 2012.

4. The bill also includes an Energy Efficiency Tax Credit of 10% (up to $500) for homeowners for energy improvements to existing homes through 2013 and covers 2012.

5. They Permanent Repealed the Pease Limitations for 99% of Taxpayers.

6. Capital Gains rate stays at 15% for those individuals at $400,000 & joint filers at $450,000. After that, any gains above those amounts will be taxed at 20%. The $250k & $500k exclusion for the sale of a principal residence remains in place.

and finally

7. The Estate tax is exempted at the first $5 million dollars for individual estates and $10 million for family estates.

This is Rey Hollingsworth Falu from AskRey.net with your Real Estate Market Report

This video blog can be found at AskRey.net. You can also find me on my Twitter, Facebook or my YouTube channel by searching AskReynet.

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North Mt Vernon 3-bed Home For Rent in Chester Hill Park

Rey Hollingsworth Falu — Fri, 04 Jan 2013 19:05:00 GMT

Private Home Rental

• 1,400 sq. ft., 1 bath, 3 bdrm single story "1st Floor of a Private House" - MLS® $1,800.00 Monthly - Heat & Water Included

Chester Hill Park, Mount Vernon - Three bedroom rental in private home in beautiful Chester Hill section of North Mount Vernon. Lower level available as a duplex. Hardwood floors, fireplace, walk-in closet, covered porch off the kitchen. Private entrance. Close to bus, train and highways. HEAT & HOT WATER INCLUDED. No pets accepted.

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Four Ways to Save Your House from the Fiscal Cliff

Rey Hollingsworth Falu — Wed, 05 Dec 2012 18:25:00 GMT

On January 1^st, 2012 the tax free wealth that you can transfer drops from $5.12 million to just $1 million. The tax rate that applies to assets transferred jumps to 55% from 35%. If you have a net worth of more than $1 million and your own real estate, listen up. Don’t wait to see what happens. Protect yourself today. Let your realtor perform a valuation of your home in this market and put one of these strategies to work.

1. Gift liquid assets. The exemption expires 12/31/12. Gift assets to someone or something and apply your credit on your tax returns. No attorney needed. By giving away assets now, you won’t get killed by the taxes later.

2. Gift company interest. If you have a family or closely held business, including real estate holding companies, you can gift stock in these companies allowing you to transfer more value tax free. Your attorney should draft an air tight partnership agreement for your protection.

3. Gift to an Irrevocable Family Trust. Give your heirs an advance on their inheritance. Hey Rey what if I don’t like, or trust, my heirs? They already have my coffin and burial suit picked out! Then put restrictions on the trust. While the assets are in the trust, there is no estate or gift tax on their appreciation, and you still get to decide how the assets are used.

4. Gift to an Irrevocable Dynasty Trust. Aside from the cool name, a Dynasty Trust continues beyond the lives of your children to your descendants. The best part is, if you do it before the Fiscal Cliff, you can avoid that pesky 80% Generation Skipping Transfer Tax effective tax rate.

If you have net assets worth $1 million plus, including life insurance, you should consult an experienced tax attorney. If you own a home, you will need a current valuation of that asset from your realtor. Request a CMA and use it in your tax planning before 12/31/12. If you do not have a Realtor with experience in Luxury valuations…AskRey.

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November 2012 - Mount Vernon Market Report

Rey Hollingsworth Falu — Tue, 04 Dec 2012 21:56:00 GMT

Current Market Conditions for: Mount Vernon

Property Type: Single Family

Watch Video

	November 2012	change fromOctober 2012	change fromNovember 2011
Median Sale Price	$277,500	change from18.7%	change from-7.5%
Average Sale Price	$309,250	change from15.4%	change from8.5%
Homes Sold	10	change from66.7%	change from233.3%
Average Days On Market	262	change from18.0%	change from88.5%
% Of Sale Price To List Price	91.15	change from-7.3%	change from-5.7%
Homes For Sale	116	change from-5.7%	change from-7.2%
Months Of Inventory	11.60	change from-43.4%	change from-72.2%

View 10-Year Market History

Source: Houlihan Lawrence

November 2012 - Bronxville Market Report

Rey Hollingsworth Falu — Tue, 04 Dec 2012 20:44:00 GMT

Current Market Conditions for: Bronxville

Property Type: Single Family

Watch Video

	November 2012	change fromOctober 2012	change fromNovember 2011
Median Sale Price	$1,885,000	change from-19.3%	change from0.0%
Average Sale Price	$1,622,000	change from-42.9%	change from0.0%
Homes Sold	3	change from-50.0%	change from0.0%
Average Days On Market	190	change from6.1%	change from0.0%
% Of Sale Price To List Price	96.78	change from3.6%	change from0.0%
Homes For Sale	21	change from-22.2%	change from-43.2%
Months Of Inventory	7.00	change from55.6%	change from0.0%

View 10-Year Market History

Source: Houlihan Lawrence

One Bed with Fireplace For Sale on Bronx River Road

Rey Hollingsworth Falu — Mon, 03 Dec 2012 22:19:00 GMT

Working Fireplace

• 800 sq. ft., 1 bath, 1 bdrm apartment - MLS® $88,000 - New Kitchen

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October 2012 - Mount Vernon Market Report

Rey Hollingsworth Falu — Fri, 30 Nov 2012 20:46:00 GMT

Current Market Conditions for: Mount Vernon

Property Type: Single Family

Watch Video

	October 2012	change fromSeptember 2012	change fromOctober 2011
Median Sale Price	$233,750	change from-56.1%	change from-30.0%
Average Sale Price	$268,083	change from-49.8%	change from-5.7%
Homes Sold	6	change from-14.3%	change from0.0%
Average Days On Market	222	change from20.0%	change from29.1%
% Of Sale Price To List Price	98.27	change from3.4%	change from5.9%
Homes For Sale	123	change from-6.1%	change from-10.9%
Months Of Inventory	20.50	change from9.6%	change from-10.9%

View 10-Year Market History

Source: Houlihan Lawrence

4 Family Investment with 3 Car Garage For Sale

Rey Hollingsworth Falu — Tue, 27 Nov 2012 15:15:00 GMT

3 Car Garage

• 3,335 sq. ft., 4 bath, 8 bdrm 3 story - MLS® $399,000 - 4 Family

Nodine Hill, Yonkers - Legal large four family in Yonkers with detached 3 car garage. One 3 bedroom, two 2 bedrooms and one 1 bedroom all recently refurbished. Sprinklered building. Roof improvements 2011. Freshly painted and retouched for an investor or owner occupant. Updated boiler, updated windows, yard in back with 546sqft three car garage. Schedule an appointment today.

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Price Reduced on 2 bedroom @ 790 Bronx River Road

Rey Hollingsworth Falu — Tue, 20 Nov 2012 20:42:00 GMT

Bronx River Road, Yonkers - Announcing a price reduction on A62-790 Bronx River Road, a 925 sq. ft., 1 bath, 2 bdrm single story. Now MLS® $151,500 - Corner Coop with View.

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FEMA Clears New York for Disaster Aid

Rey Hollingsworth Falu — Fri, 02 Nov 2012 14:07:00 GMT

The U.S. Department of Homeland Security's Federal Emergency Management Agency announced that federal disaster aid has been made available to the State of New York and ordered federal aid to supplement state and local recovery efforts in the area affected by Hurricane Sandy beginning on October 27, 2012, and continuing. The President's action makes federal funding available to affected individuals in Bronx, Kings, Nassau, New York, Richmond, Suffolk, and Queens counties.

Hurricane Sandy Cleanup for Westchester- 11/1/12

Rey Hollingsworth Falu — Fri, 02 Nov 2012 13:44:00 GMT

Bronxville's Mayor Mary C. Marvin released the following press release which may be helpful to all:

Our Village staff has been on every Con Edison municipal phone call and we have a liaison from Con Edison stationed at Village Hall.

To date, this is what we have learned:

• 166,000 Westchester residences have no power.

• There are three hospitals, 132 schools and dozens of polling stations still without power. Con Edison will be addressing these first.

• Their other high priorities are water and sewage treatment plants powered by Con Edison.

• Mutual aid crews are now arriving from Maryland, Alabama and California. Those with underground expertise are headed to New York City. Those with overhead line experience are deployed to Westchester.

• Regular Westchester County crews are not being diverted to New York City.

• 2,598 customers in Bronxville are out of power (94% of our Village).

• The first step in the process has been safety. We have two crews in the Village that just completed removing all the live wires from the Village.

• The crews are beginning restoration with a concentration on schools and polling places first.

• Other repairs are prioritized by Con Ed on the following basis:
- The easiest repairs (other nearby communities had some easy fixes - i.e., reset a generator box)
- The repairs that will give power to the most people on a feed
- All of Bronxville repairs are more complicated as there has been significant line damage due to falling trees and poles

• Residents must keep calling Con Ed to report their individual outages at 1-800-75ConEd. It is a completely antiquated system but that is what they have as they process a “ticket” for each address and how they measure the seriousness of an outage.

• Just announced: Con Ed does not expect 100% restoration in the entire County to take place November 10th or 11th.

• Additionally, we were just advised that the data shown on the map Con Ed provided on-line to customers is incorrect and has not been updated.

Mayor Mary C. Marvin

Two bedroom corner unit with a view for sale on Bronx River Road

Rey Hollingsworth Falu — Thu, 01 Nov 2012 22:25:00 GMT

Peacefull & Set Back

• 925 sq. ft., 1 bath, 2 bdrm single story - MLS® $159,000 - Corner Coop with View

Bronx River Road, Yonkers - Renovated two bedroom corner unit with a view on Bronx River Road. Two bedrooms, living room, dining area, modern kitchen and bath. Enjoy that penthouse feel with your hardwood floors, marble entry hall, Casablanca fans, mirrored dining area, and 3 air conditioners. STAR exemption reduces maintenance to $559/month. Only 3 blocks from Metro North. Cross County, Stew Leonard’s, Starbucks, CVS, cleaners & salon nearby. Peaceful building is set back from main road. Make an appointment today.

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September 2012 - Bronxville Market Report

Rey Hollingsworth Falu — Wed, 10 Oct 2012 19:33:00 GMT

MARKET REPORT

Westchester - Bronxville School District

SEPTEMBER, 2012

	SEPTEMBER 2012	CHANGE FROM Aug 2012		CHANGE FROM Sep 2011
Median Sale Price	$1,467,500 *		0.0%		-24.0%
Homes Sold	3		-70.0%		-50.0%
Homes for Sale	28		21.7%		-12.5%
Days on Market - Solds	201 *		-12		45
Months Supply of Inventory	2.3		0.5		-1.7
% of Sale Price to List Price	95.0% *		0.7%		3.8%
	* 4-Month Moving Average

Oct 2011 to Sep 2012	CHANGE FROM PRIOR 12 MONTHS
$1,451,250		-20.6%
72		28.6%
Not applicable		Not applicable
194		21
4.7		-3.3
95.0%		0.3%

Data source: WPMLS, Single Family Homes. Information believed to be accurate but not warranted.

MARKET REPORT

Westchester - Bronxville School District

SEPTEMBER, 2012

Data source: WPMLS, Single Family Homes. Information believed to be accurate but not warranted.

September 2012 - Mount Vernon Market Report

Rey Hollingsworth Falu — Wed, 10 Oct 2012 19:28:00 GMT

MARKET REPORT

Westchester - Mount Vernon School District

SEPTEMBER, 2012

	SEPTEMBER 2012	CHANGE FROM Aug 2012		CHANGE FROM Sep 2011
Median Sale Price	$325,000 *		4.8%		0.0%
Homes Sold	7		-12.5%		-30.0%
Homes for Sale	131		5.6%		-4.4%
Days on Market - Solds	221 *		-10		19
Months Supply of Inventory	18.7		1.0		1.6
% of Sale Price to List Price	95.0% *		-0.0%		0.3%
	* 4-Month Moving Average

Oct 2011 to Sep 2012	CHANGE FROM PRIOR 12 MONTHS
$325,000		-6.1%
93		5.7%
Not applicable		Not applicable
237		36
18.7		-0.9
93.9%		-0.5%

Data source: WPMLS, Single Family Homes. Information believed to be accurate but not warranted.

MARKET REPORT

Westchester - Mount Vernon School District

SEPTEMBER, 2012

Data source: WPMLS, Single Family Homes. Information believed to be accurate but not warranted.