NOT LISTED FOR SALE

Estimated Value: $749,000 - $1,469,000

0.09 Acre
$11,622,222 Price per Acre
4,000 Sq Ft Lot

Last Sold June 25, 2024

Last sale price $1,600,000

Est. 35% decrease in value since last sale

Current estimated payment $5,723/month

150 Days on Market

About This Lot

As of June 2024

104-04-06 Otis Avenue is an approximately 4,000 square foot vacant lot. The property is located on Otis Avenue between Xenia and Granger Streets. The property is located in Corona, Queens which is a rising community. Situated near major shopping centers and is near MTA trains and buses. R6B zoning with 40'x100' lot.

Last Agent to Sell the Property

Siang Liu

P R O Links Realty Inc Brokerage Phone: 718-487-9992 License #10311209596 Listed on: 10/12/2023

Last Buyer's Agent

SuNu Xu

EXP Realty License #10401316661

EXP Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,438

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • Cleared Lot

Schools

  • Is 61 Leonardo Da Vinci Middle School
  • High School For Arts & Business

Listing and Financial Details

  • Legal Lot and Block 2 / 1957
  • Assessor Parcel Number 01957-0003

Property Details

Property Type

Land

Est. Annual Taxes

$2,438

Lot Details

0

Listing Details

  • Property Type: Land
  • Property SubType: Unimproved Land
  • Attribution Contact: 718-487-9992
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • FloodZoneReportYN: 0

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle School: Is 61 Leonardo Da Vinci

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Lot Features: Cleared
  • Parcel Number: 01957-0003
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2438
  • Tax Block: 1957
  • Tax Lot: 2
  • Tax Map Number: 01957-0003

MLS Schools

  • High School: High School For Arts & Business
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
May 28, 2024
Sold by
104-04-06 Otis Avenue Realty Llc
Bought by
Gold Empire Llc
Seller's Agent
Siang Liu
P R O Links Realty Inc
Buyer's Agent
SuNu Xu
EXP Realty
List Price
$1,850,000
Sold Price
$1,600,000
Premium/Discount to List
-$250,000
-13.51%
Views
52
Current Estimated Value
$1,046,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$554,000
Avg. Annual Appreciation
-24.38%

Purchase Details

Closed on
Aug 16, 2016
Sold by
168 Astoria Llc
Bought by
104-04-06 Otis Avenue Realty Llc

Purchase Details

Closed on
May 26, 2016
Sold by
Lei Shu Hua
Bought by
168 Astoria Llc

Purchase Details

Closed on
Jun 21, 2010
Sold by
Bhuiyan Ghias U
Bought by
Lei Shu Hua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.75%

Purchase Details

Closed on
May 18, 2009
Sold by
Allen Esq Referee Camille T
Bought by
Bhuiyan Ghias U and Hasan Shaikh N

Purchase Details

Closed on
Jan 25, 2006
Sold by
Rahman Aminur
Bought by
Sumi Potrima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2005
Sold by
Nahar Luthfun
Bought by
Rahman Aminur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.56%

Purchase Details

Closed on
Mar 11, 2005
Sold by
Mohamed Fawzia A
Bought by
Nahar Luthfun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.56%

Purchase Details

Closed on
May 14, 2003
Sold by
Executor Of Ambrose Rodriguez Nydia Ram and Kouveras
Bought by
Mohamed Fawzia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 1998
Sold by
Rodriguez Ambrose
Bought by
Kouveras Nilda V and Ramirez Nydia

Purchase Details

Closed on
Nov 20, 1995
Sold by
Rodriguez Ambrose and Rodriguez Maria
Bought by
Rodriguez Ambrose
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Gold Empire Llc $1,625,000 --
Gold Empire Llc $1,625,000 --
104-04-06 Otis Avenue Realty Llc $750,000 --
104-04-06 Otis Avenue Realty Llc $750,000 --
168 Astoria Llc $700,000 --
168 Astoria Llc $700,000 --
Lei Shu Hua $375,000 --
Bhuiyan Ghias U $245,000 --
Bhuiyan Ghias U $245,000 --
Sumi Potrima $615,000 --
Sumi Potrima $615,000 --
Rahman Aminur -- --
Rahman Aminur -- --
Nahar Luthfun $460,000 --
Nahar Luthfun $460,000 --
Mohamed Fawzia A $230,000 --
Mohamed Fawzia A $230,000 --
Kouveras Nilda V -- --
Kouveras Nilda V -- --
Rodriguez Ambrose -- --
Rodriguez Ambrose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lei Shu Hua $245,000
Previous Owner Sumi Potrima $184,500
Previous Owner Nahar Luthfun $92,000
Previous Owner Rahman Aminur $430,500
Previous Owner Nahar Luthfun $368,000
Previous Owner Mohamed Fawzia A $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $1,600,000 0.0% --
03/11/2024 03/11/24 Pending -- -- --
03/04/2024 03/04/24 Price Changed $1,600,000 -13.5% --
10/12/2023 10/12/23 For Sale $1,850,000 -- --
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 $2,386 $12,593 $12,593 --
2024 $2,386 $11,880 $12,096 --
2023 $2,429 $12,096 $12,096 $0
2022 $2,397 $13,140 $13,140 $0
2021 $2,384 $13,800 $13,800 $0
2020 $2,262 $12,000 $12,000 $0
2019 $2,109 $10,080 $10,080 $0
2018 $2,568 $12,600 $12,600 $0
2017 $4,090 $20,062 $7,029 $13,033
2016 $4,011 $20,062 $7,029 $13,033
2015 $2,063 $19,606 $6,642 $12,964
2014 $2,063 $18,511 $7,531 $10,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3510187

OneKey® MLS

APN: 01957-0003