NOT LISTED FOR SALE

Estimated Value: $1,436,000 - $1,511,923

4 Beds
3.5 Baths
1,860 Sq Ft
$793/Sq Ft Est. Value

Last Sold September 24, 2024

Last sale price $1,500,000 $806 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,131/month

46 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Tudor Architecture
  • Ps 101 School In The Gardens Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of September 2024

Rare corner two family on picturesque Ascan Avenue in the heart of Forest Hills! This charming property offers an ideal blend of character, functionality, and convenience, perfect for both homeowners and savvy investors alike. Upon entering the first floor you are greeted by a sun filled open-concept layout awaits, featuring an oversized living room and dining room. The modern kitchen is adorned with granite countertops and wood cabinetry. A back door off the kitchen allows seamless flow to the expansive backyard . Ascending to the second floor, you'll find two generously sized bedrooms and a full hall bath, offering comfortable accommodations for residents or guests. The second unit on the third floor hosts a separate unit boasting a sunlit living room, two additional bedrooms, and a spacious eat-in kitchen. The finished basement adds versatility and value offering a separate living area complete with a full bath, laundry facilities, and a convenient half bath. With a private entrance leading to the backyard, this space offers endless possibilities for a recreation room, home office or a cozy retreat for extended family members. The outdoor space consists of a patio allowing for al fresco dining and entertaining and a wrap around garden which provides a tranquil retreat for outdoor relaxation.. A detached two car garage allows for additional storage and parking Nestled in the leafy enclave of Forest Hills, this property enjoys proximity to all major transportation hubs, upscale shopping dining and entertainment providing easy access to the bustling city while offering a peaceful respite from the urban hustle and bustle. With its prime location, income-producing potential, and coveted two-car garage, this corner property is a rare find that won't last long!

Last Agent to Sell the Property

Rachel Borut

Douglas Elliman Real Estate Brokerage Phone: 718-631-8900 License #10301216479 Listed on: 03/22/2024

Douglas Elliman Real Estate

Last Buyer's Agent

Rachel Borut

Douglas Elliman Real Estate Brokerage Phone: 718-631-8900 License #10301216479 Listed on: 03/22/2024

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,594

Year Built

  • Built in 1935

Lot Details

  • 2,799 Sq Ft Lot
  • Lot Dimensions are 28x100
  • Property fronts an easement
  • 1 Common Wall
  • Stone Wall
  • Back Yard Fenced
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Tudor Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,860 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • <<OvenToken>>
  • <<microwave>>
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • Ps 101 School In The Gardens Elementary School
  • JHS 190 Russell Sage Middle School
  • Queens Metropolitan High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 03263-0036

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,594

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tudor
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1935
  • New Construction: No
  • Attribution Contact: 718-631-8900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Washer
  • Interior Amenities: Entrance Foyer, Granite Counters, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Bilco Door(s), Finished, Full, Walk-Out Access
  • Inclusions: Dishwasher,Dryer,Microwave,Washer
  • Total Bedrooms: 4
  • Living Area: 1860
  • SquareFootage: 1860.00
  • SquareFootageSource: Other
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard
  • Patio and Porch Features: Deck, Patio
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 190 Russell Sage

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 28x100
  • Lot Size Sq Ft: 2799
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Easement, Stone/Brick Wall, Near Public Transit
  • Parcel Number: 03263-0036
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 11594.48
  • Tax Map Number: 03263-0036

MLS Schools

  • Elementary School: Ps 101 School In The Gardens
  • High School: Queens Metropolitan High School
  • Middle School District: Queens 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Sep 24, 2024
Sold by
Hsu Yvonne Yu-Feng and Palmet Darren Foster
Bought by
Levent Fazile and Levent Rashil
Seller's Agent
Rachel Borut
Douglas Elliman Real Estate
Buyer's Agent
Rachel Borut
Douglas Elliman Real Estate
List Price
$1,488,000
Sold Price
$1,500,000
Premium/Discount to List
$12,000
0.81%
Views
104
Current Estimated Value
$1,474,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,769
Avg. Annual Appreciation
0.17%

Purchase Details

Closed on
Dec 2, 2011
Sold by
Ding Yunfei and Zhou Harry Yiqun
Bought by
Hsu Yvonne Yu-Feng and Palmet Darren Foster

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,000
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2003
Sold by
Beck Andrew J and As Ancillary Administrator
Bought by
Beck Co Trustee Margaret Christine and Beck Co Trustee Andrew J
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Levent Fazile $1,500,000 --
Hsu Yvonne Yu-Feng $999,000 --
Hsu Yvonne Yu-Feng $999,000 --
Beck Co Trustee Margaret Christine -- --
Beck Co Trustee Margaret Christine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hsu Yvonne Yu-Feng $286,400
Previous Owner Foster Palmet Darren $6,796
Previous Owner Hsu Yvonne Yu-Feng $684,000
Previous Owner Ding Yunfei $150,000
Previous Owner Ding Yunfei $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2024 09/24/24 Sold $1,500,000 +0.8% $806 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $1,488,000 -- $800 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,594 $61,190 $13,768 $47,422
2024 $11,594 $57,727 $12,199 $45,528
2023 $11,594 $57,727 $11,532 $46,195
2022 $11,437 $106,920 $21,060 $85,860
2021 $11,079 $90,840 $21,060 $69,780
2020 $10,497 $86,760 $21,060 $65,700
2019 $9,770 $95,580 $21,060 $74,520
2018 $9,509 $48,106 $10,727 $37,379
2017 $9,433 $47,744 $13,175 $34,569
2016 $8,695 $47,744 $13,175 $34,569
2015 -- $42,494 $14,550 $27,944
2014 -- $40,089 $14,598 $25,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3539672

OneKey® MLS

APN: 03263-0036