$875,000
SOLD DEC 18, 2024
8 Beds
5 Baths
4,000 Sq Ft
4,625 Sq Ft Lot

Recently Sold

$219 Per Sq Ft

3% Above List Price

55 Days on Market

Highlights

  • 0.11 Acre Lot
  • No HOA
  • Open Floorplan
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • Eat-In Kitchen
  • 3-minute walk to Tappen Park

About This Home

As of December 2024

Welcome to a spectacular opportunity for investors and homebuyers alike. This fully rebuilt, extra-large multi-family home is a fantastic money maker, combining modern comfort with an unbeatable location. Situated just minutes from the Staten Island Ferry and Empire Outlets and from Brooklyn, this property offers the perfect balance of urban convenience and suburban tranquility. This four-story above ground home features a building size of 24' x 50' and sits on a generous lot measuring 37' x 125'. The property includes a wide private driveway, providing ample parking space for residents and guests, as well as a large backyard ideal for outdoor activities. Inside, the house has been meticulously updated to meet contemporary standards. It consists of two-family units, each with brand new bathrooms, updated plumbing systems, and new electrical wiring throughout. The property also boasts a newly acquired certificate of occupancy, ensuring everything is up to code. Location is everything, and this home is conveniently located near grocery stores and major bus routes, making daily errands and commuting a breeze. Enjoy easy access to the vibrant shopping and dining options at Empire Outlets and the quick ferry ride to Manhattan. Whether you're an investor looking to capitalize on rental opportunities or a family seeking a spacious home in a lively community, this beauty is an exceptional choice. With its spacious layout, modern amenities, and strategic location, this property offers unparalleled value.

Last Agent to Sell the Property

Joe Zhu

Re/Max Edge License #10401322038

Re/Max Edge

Last Buyer's Agent

Joe Zhu

Re/Max Edge License #10401322038

Re/Max Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,228

Year Built

  • Built in 1905

Lot Details

  • 4,625 Sq Ft Lot
  • Lot Dimensions are 37 x 125
  • Back Yard

Parking

  • Assigned Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 220 Volts

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 0070 / 00521
  • Assessor Parcel Number 00521-0070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,228

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub Type: Two Family - Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 37 x 125
  • Modification Timestamp: 2024-12-18
  • Directions: Use GPS
  • Architectural Style: Other
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 4
  • Year Built Details: Approx
  • Year Built: 1905
  • General Property Info:Style2: Other
  • General Property Info:Public Remarks3: Welcome to a spectacular opportunity for investors and homebuyers alike. This fully rebuilt, extra-large multi-family home is a fantastic money maker, combining modern comfort with an unbeatable location. Situated just minutes from the Staten Island Ferry and Empire Outlets and from Brooklyn, this property offers the perfect balance of urban convenience and suburban tranquility. This four-story above ground home features a building size of 24' x 50' and sits on a generous lot measuring 37' x 125'. The property includes a wide private driveway, providing ample parking space for residents and guests, as well as a large backyard ideal for outdoor activities. Inside, the house has been meticulously updated to meet contemporary standards. It consists of two-family units, each with brand new bathrooms, updated plumbing systems, and new electrical wiring throughout. The property also boasts a newly acquired certificate of occupancy, ensuring everything is up to code. Location is everything, and this home is conveniently located near grocery stores and major bus routes, making daily errands and commuting a breeze. Enjoy easy access to the vibrant shopping and dining options at Empire Outlets and the quick ferry ride to Manhattan. Whether you're an investor looking to capitalize on rental opportunities or a family seeking a spacious home in a lively community, this beauty is an exceptional choice. With its spacious layout, modern amenities, and strategic location, this property offers unparalleled value.
  • ContractLocation Information:List PriceSqFt2: 212.5
  • ContractLocation Information:End Unit: No
  • General Property Info:Tax Abated: No
  • General Property Info:Year Built Description: Approx
  • General Property Info:Condition: Excellent
  • General Property Info:Apartment Desc: N/A
  • General Property Info Bldg Dimensions: 24 x 50
  • General Property Info Handicap Access: No
  • Special Features: VirtualTour
  • Stories: 4
  • Year Built: 1905

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 8
  • General Property Info:Stories2: 4.0
  • General Property Info:Total Rooms Main Unit: 18
  • General Property Info:Basement Type: Other
  • Dining Room:Combination: Yes
  • Kitchen:Eat In: Yes
  • Living Room:Combination2: Yes
  • Main Bath:Full Bath: Yes
  • Primary Bedroom:Shared Bath: Yes
  • General Property Info Basement Desc: Finished

Exterior Features

  • Lot Features: Back
  • Construction Type: Vinyl Siding
  • General Property Info:Waterview: No
  • Yard:Back: Yes
  • General Property Info Pool YN2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • General Property Info:Garage Location: None
  • Parking:Assigned: Yes

Utilities

  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 1.0
  • General Property Info:Air Conditioner: None
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Siding:Vinyl Siding: Yes
  • Heat System:Hot Water2: Yes
  • General Property Info Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • General Property Info:HOA YN: No

Lot Info

  • Lot Size Sq Ft: 4625.0
  • Lot Size Units: Square Feet
  • Parcel #: 00521-0070
  • Zoning: R-3-2
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 4625.0
  • General Property Info:Lot Dim: 37 x 125

Rental Info

  • General Property Info Main Unit Lease: No

Tax Info

  • Tax Annual Amount: 5228.0
  • Tax Block: 00521
  • Tax Lot: 0070
  • General Property Info:Taxes2: 5228.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Dec 17, 2024
Sold by
Si Star Real Estate Inc
Bought by
Guanming 101 Property Llc
Seller's Agent
Joe Zhu
Re/Max Edge
Buyer's Agent
Joe Zhu
Re/Max Edge
List Price
$850,000
Sold Price
$875,000
Premium/Discount to List
$25,000
2.94%
Total Days on Market
55
Views
44
Current Estimated Value
$900,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,558
Avg. Annual Appreciation
4.21%
Original Mortgage
$612,500
Outstanding Balance
$611,976
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$277,217

Purchase Details

Closed on
Aug 11, 2021
Sold by
Wu Li Yun Wu and Ling Zhi Quan
Bought by
Si Star Real Estate Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,920
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 2007
Sold by
Yang Hsiu Sung and Wu Li Yun
Bought by
Wu Li Yun and Ling Zhi Quan

Purchase Details

Closed on
Nov 17, 2005
Sold by
Rouhani Parviz G and Alishahi Taraneh
Bought by
Yang Hsiu Sung and Wu Li Yun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 22, 1996
Sold by
Ziagargari Monireh
Bought by
Alishahi Taraneh

Map

Range of Values:

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Average Value
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List Price
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 Type Sale Price Title Company
Bargain Sale Deed $875,000 None Listed On Document
Bargain Sale Deed $875,000 None Listed On Document
Bargain Sale Deed $470,000 Exclusive Land Services Inc
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $275,000 None Available
Deed $20,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $612,500 New Conventional
Closed $612,500 New Conventional
Previous Owner $562,500 New Conventional
Previous Owner $523,920 Commercial
Previous Owner $5,405 Unknown
Previous Owner $148,623 Unknown
Previous Owner $211,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2024 12/18/24 Sold $875,000 +2.9% $219 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $850,000 -- $213 / Sq Ft
Source: Staten Island Multiple Listing Service

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
2024 $5,606 $45,420 $5,309 $40,111
2023 $5,347 $26,330 $5,014 $21,316
2022 $4,959 $38,700 $9,060 $29,640
2021 $5,228 $32,040 $9,060 $22,980
2020 $5,218 $35,400 $9,060 $26,340
2019 $4,865 $31,800 $9,060 $22,740
2018 $4,473 $21,942 $8,788 $13,154
2017 $4,220 $20,700 $9,060 $11,640
2016 $4,742 $23,722 $8,823 $14,899
2015 $4,125 $22,380 $7,560 $14,820
2014 $4,125 $21,496 $7,544 $13,952
Source: Public Records

Source: Staten Island Multiple Listing Service

MLS Number: 2404426

Staten Island Multiple Listing Service

APN: 00521-0070