• The Heights Blog
  • Sep 17, 2012
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Colonial Court Co-Op of Jackson Heights Sees Price Spike

According to public records, Colonial Court, located at 35-36 76th Street in Jackson Heights, has clocked in some impressive sale prices, with one bedroom units ranging from $230 to $265k and two bed one bath units ranging from $350 to $385k. The overall turnover in this 151 unit building over the last twelve months has been less  than 4% and availability continues to remain low, which partially contributes to the healthy sales records in addition to the proximity to the express train and the stellar management of the building as a whole. What 2013 will bring for Colonial Court remains to be seen, but in this low rate environment and the evident influx of new buyers from surrounding boroughs the current momentum is just beginning to pick up speed.

Author: kojo

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