It’s like a nightmare chamber from a horror movie: dead vines coming in through the window of a derelict kitchen, holes in the front door — and floors and walls and ceilings — and the scariest bathtub this side of “Psycho.”
And it can be your home sweet home for just $828,888!
Welcome to 50-18 196th St., a four-bedroom property in affluent Fresh Meadows, Queens, which hit the market in March. Neighbors call the brick hovel an eyesore.
“This is a beautiful neighborhood, and the house [is] terrible,” said one area resident, who declined to provide her name for privacy, of the property situated on a prime corner. “I don’t know what happened in that house, why they kept it like that — or why the city didn’t do anything about it . . . I’m sure that, because of the price, nobody wants to buy that kind of house.”
Records say that an entity titled DCG Realty LLC bought the home for $675,000 in 2005 from a man named Michael Robinson, who died in 2007.
“They kept it unattended for obviously an extended period of time,” said Douglas Elliman listing agent W. Kenny Thongpanich of the owners, whom he declined to identify. “It just lacked upkeep, to say the least.”
The only thing more shocking than the condition of the residence is the price tag. But in this neck of Queens, which is home to the city’s leading public school district, it’s the foot-in-the-door cost for a stand-alone place.
“You’re in a high-priced market . . . In comparison to other parts of Queens, it’s significantly more expensive, but relative to the surrounding properties, it’s not,” said a real estate source not involved in the listing. “There is a strong correlation with the quality of the local schools . . . that influences property values significantly.”
The median asking price for a home in Fresh Meadows is $989,000 and the median sale price is $859,444, according to January-to-May StreetEasy data.
What’s more, this home stands in New York City’s coveted public school District 26. In 2019, 72.8 percent of students in Grades 3 through 8 passed the state English Language Arts exam, and 75.2 percent passed in math, according to Department of Education data, making it the highest-performing school district in town.
(Citywide, the respective average pass rates were 47.4 percent and 45.6 percent.)
The property’s lot is a generous 4,912 square feet, according to PropertyShark. “It is on the larger size,” said Thongpanich, adding the majority of lot sizes in the area are 4,000 square feet.
In the listing, Thongpanich markets the home as “not in livable condition,” and said it’s up to the buyer to renovate it in full, or tear it down, noting that the lot is zoned for one single-family home. “You would essentially have a property that is in mint condition . . . that is going to be at, if not above, market value.”
“[The block] is peaceful,” said a neighbor who grew up across the street from 50-18 196th St. and declined to provide his name. “You don’t hear any sirens ever.”
Thongpanich added that he included the array of grotesque listing images in a gesture of “transparency.”
The area resident added there is really only one fate that should await this house of horrors: tearing it down.
“I hope so,” she said. “Because it’s terrible.”
Additional reporting by Susan Edelman
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June 28, 2020 at 05:04AM
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NYC house selling for $828K has the scariest listing photos ever - New York Post
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