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North Hempstead supervisor sells home, buys new one

North Hempstead Town Supervisor Jon Kaiman has sold

North Hempstead Town Supervisor Jon Kaiman has sold his Great Neck home, according to his real estate agency's website. Photo Credit: June Shapiro Laffey Fine Homes

North Hempstead Town Supervisor Jon Kaiman has sold his Great Neck village home and bought a new one two blocks away.

His Colgate Road home, above, went on the market in October for $749,000. He sold it last month for $650,000. The Kaimans bought the house in 1999 for $480,000. The 1929 three-bedroom, 1.5-bath Tudor is on a 60-by-100-foot lot. There is a patio and a two-car detached garage. Property taxes are about $10,382 a year.

His new, larger home, left, is on Cambridge Road. According to real estate records, he paid $995,000 for the 1930 five-bedroom, 4.5-bath home. The listing price for the 80-by-101-foot property was $1.173 million. It has new high-end appliances, an antique fireplace, cathedral ceilings and oak floors. Property taxes are about $15,700 a year.

"I think it's a perfect fit for his family," says Trudy Elliott of Laffey Associates June Shapiro Division, who sold Kaiman the house and listed his old one.

Kaiman says he wanted to take advantage of the lower interest rates and lower house prices, but points out that the real estate market is tough. "It's amazing anyone can buy and sell a house," he says. "We were fortunate to be able to sell our house."

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