Posted on: June 06, 2017 04:00 PM

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Flushing is the most lucrative real estate market for any kinds of deals in NYC

Flushing - Recently, The Real Deal, a firm that tracks real estate activities in NYC reported from analysis collected via MLS Data, WinZone Realty generated $454 million dollars in sales volumes from 794 deals mainly from Flushing. The stats are from March 1, 2016 to March 31, 2017. On Monday, June 5, long time residents of Queens praised a court order to stop Willets Point from being converted into every developer's dream of high rise buildings. The residents prefer the auto salvage area to be converted into park lands which is why the dragging continues in court. Despite the setbacks, Flushing is booming with multi race groups from China and its vicinity who can easily put higher down payments or pay the full price of a home, coop or condo without pressure while being in USA for less than few years. Most are immigrants who are looking into expanding their real estate portfolio. Other real estate firms, East Coast Realtors that did $340 million and Keller Williams Realty Landmark earning $333 million are also focusing Flushing and its vicinity. pic by DOT. Reported 4pm.