View of the cemetery, highway in the back? For home buyers, no problem

In an industry that touts “location, location, location,” real estate agent Anna Beigelman had an ad she thought might be a tough sell: Would buyers be interested in a house in front of a cemetery? The answer, in this tight housing market, was a resounding “yes”.

“With the shortage of homes on the market, I didn’t know what kind of impact it would have,” said Beigelman, a licensed realtor and real estate agent with Massapequa-based Exit Realty Premier. “We had a lot of offers.”

“We had it staged, fully furnished with window treatments,” she added. “So it looked like dynamite.”

The house, across from St. Rood Cemetery in Westbury, sold for cash for $640,000, below the asking price of $650,000, after receiving half a dozen offers, Beigelman said.

She discovered that what could be a deal breaker in a strong market proved anything but.

Beigelman said she didn’t know what impact St. Rood Cemetery would have on a Westbury home she was listing. But he received half a dozen offers.
Credit: Brittainy Newman

Launch Checklist

While location remains key in real estate, strong market conditions have boosted sales, even for homes with less than ideal locations and other issues.

“People are willing to give up things they would normally want in a house because supply is not meeting demand,” said Ahdehroh Lambert-Mortimore, licensed real estate agent at New Hyde Park-based Fave Realty. “They go after them, disregarding things on their checklist.”

A backyard backing onto land with a ramp leading to a highway? A site with a small lawn? No garage? No basement? No bathtub? No problem. More people are stepping in rather than walking away.

“Before, they probably would have waited to see what was coming to market,” Lambert-Mortimore said. “Because there is a shortage of houses, they pick them up as fast as they can. Not everything has to be checked off. »

Estate agent Ahdehroh Lambert-Mortimore, center, helped his sister Nihamka Lambert-Mortimore...

Estate agent Ahdehroh Lambert-Mortimore, centre, helped his sister Nihamka Lambert-Mortimore buy a home in Hempstead that she loved, despite having no basement and garage.
Credit: Newsday/J. Conrad Williams Jr.

The median price of homes sold in Nassau in April was $666,500, up 5.8% from a year ago, and $540,000 in Suffolk, up 12.6%, according to OneKey MLS. Lack of inventory for buyers drove up prices, leading to fewer transactions. There were 942 sales completed in Nassau, down 25.6% from the previous April. In Suffolk, closures fell 14.5%, to 1,207.

“Whenever a location has something unusual, a house takes longer to sell,” Beigelman said.

A highway behind

The Plainview home had a lot going for it, including four bedrooms, two bathrooms, an oversized lot of about 8,300 square feet, and a nice, flat yard, but it had one glaring problem: it adjoins land leading to a ramp. from the Seaford Oyster Bay Highway.

“It’s not like you’re looking at it, but you know it’s there,” Beigelman said of the traffic. “It was more of a perception that it’s closer than it really is.”

The sellers received five offers and closed a contract within a month, selling for $678,000, below the asking price of $689,000, said Beigelman, who negotiated the sale. The house has an open layout, a backup gas generator, walk-in closets and a finished basement with an outside entrance.

“It was quick,” Beigelman said of the sale. “Right now, with every house, you have a lot of New York transplants looking for.”

A nearby school

Living in a house on a block with a school nearby can be a mixed blessing: it can be convenient for families with school-aged children, but there’s bus and car traffic and noise with it. which must be composed.

“Some people saw it as a negative,” Beigelman said of a home in North Bellmore, on a block with an elementary school, that last summer sold above asking price. “If you have kids in school, you see that as a positive. The school had a playground. Some parents like that.”

The 3,000 square foot home with a basement including a full bedroom and bath sold for $960,000 in cash, above the asking price of $940,000.

The fact that it is about 5 years old, with modern architecture, large rooms, high ceilings, open layout and staging probably helped despite the bus traffic.

“There were a lot of offers,” Beigelman said, adding that the house sold in about a week. “It’s the market. We receive several offers for each house.

She added that despite “buses, noise and traffic”, the house had a big plus: “It was backed by a nature reserve. A lot of people liked it,” she said. “The people who bought the house weren’t going to use this school. Even though they didn’t need school, they loved home.

Real estate agent Vicki Martinez at a corner of the Cape she...

Estate agent Vicki Martinez at a corner of the cape, she is listed on South Country Road in East Patchogue. “As it’s a big property, you don’t really see the main road,” she said.
Credit: Newsday/J. Conrad Williams Jr.

A busy road

There’s increased interest in properties on busy streets that might not have attracted as much attention otherwise, especially those set back on larger properties, said Vicki Martinez, real estate agent for Marylou. Swan Realty, which is offering a three-bedroom corner Cape on a half-acre on South Country Road in East Patchogue for $649,999, having reduced it from $660,000.

“There’s a privacy hedge around him and he’s set back,” Martinez said. “From the main road you only see the roof. As it is a large property, you don’t really see the main road.

The home features a fireplace, shed, two-car garage, white gate, stone walkway, and patio on a property in a residential area that sits on a main road leading to the village of Bellport.

“I see customers are willing to expand their criteria a bit and are willing to look at a big house even if the street is a bit busy,” Martinez said.

Real estate agent Vicki Martinez said the tall hedge in...

Estate agent Vicki Martinez said the tall hedge in front of an East Patchogue home she is selling protects the home from traffic on the busy South Country Road.
Credit: Newsday/J. Conrad Williams Jr.

A missing piece

While locations can be obstacles, sometimes the problem is a key feature that’s missing.

A home in Roosevelt that Lambert-Mortimore listed had a good layout, wood floors, and a nice backyard, but the basement wasn’t finished, which at other times might have been a deal breaker. .

“If you have an unfinished basement, that’s a turnoff for a lot of potential homeowners,” Lambert-Mortimore said. “A lot of people use it as a den or an extra bedroom. It takes away space from the house.

Still, offers poured in, despite the cost of finishing a basement. “They saw enough space there to have storage,” Lambert-Mortimore said of potential buyers. The home was bid above the asking price of $510,000, but went to $485,000 based on a value established by an appraiser at a bank.

When Lambert-Mortimore’s sister, Nihamka Lambert-Mortimore, was house hunting, Ahdehroh showed her a 950 square foot home in Hempstead on a 4,500 square foot corner property, but with the postman traffic.

But Nihamka, 37, who works in marketing for a beauty and personal care company, saw the positives as well as the passing cars. “It’s a floor. I wasn’t looking for anything with a lot of steps,” she said. “It is on an important property.”

And despite the fact that the house also lacked a basement and a garage, the house still suited her well, said Ahdehroh, who represented her sister in the transaction.

“It’s been completely remodeled from top to bottom with tile floors, an updated kitchen with new stainless steel appliances, and a large yard,” Ahdehroh said. “The house wasn’t that big, but she gave her everything she needed.”

Nihamka Lambert-Mortimore, seated, with her realtor sister, Ahdehroh...

Nihamka Lambert-Mortimore, seated, with her estate agent sister, Ahdehroh Lambert-Mortimore, said she also didn’t mind cars driving past her corner plot. “I don’t feel like I’m missing anything,” she said.
Credit: Newsday/J. Conrad Williams Jr.

“Outside I can entertain and entertain my family and friends,” Nihamka said. “There is a driveway large enough for me to park my car and two others.” She will add a shed for storage on the property.

A bonus is the home’s location, minutes from Roosevelt Field Mall and NYCB Live’s Nassau Coliseum.

“I don’t feel like I’m missing anything,” she said.

Comments are closed.