NOT LISTED FOR SALE

Estimated Value: $653,000 - $899,000

4 Beds
2 Baths
2,250 Sq Ft
$341/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $615,000 $273 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,982/month

525 Days on Market

Highlights

  • Water Views
  • Property is near public transit
  • Ductless Heating Or Cooling System
  • Deck
  • Eat-In Kitchen
  • Park

About This Home

As of July 2023

Live in one unit and rent the other in this beautifully maintained legal 2 family in the heart of City Island. Quiet block steps from NYC Express bus, grocery stores, restaurants and yacht club. First floor unit has a front facing living room, office, bedroom, bath, and eat-in kitchen opening to large deck overlooking landscaped and fenced back yard. Duplex unit second floor has a living room, bedroom, bath, and open dining room-kitchen with outdoor balcony and spiral stairway to yard. Third floor has a den and two more bedrooms under gabled ceiling. Full unfinished basement with washer/dryer walks out to back yard. Both units have ductless air conditioning and updated appliances. Energy efficient windows throughout. Recently updated boiler, hot water heater and sump pump. 1 bedroom and 3 bedroom units are move-in and rental ready!

Last Agent to Sell the Property

Daniel Hickey

Houlihan Lawrence Inc. License #10401282051 Listed on: 06/30/2021

Houlihan Lawrence Inc.

Last Buyer's Agent

Non Non OneKey Agent

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,925

Year Built

  • Built in 1925

Lot Details

  • 2,605 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,250 Sq Ft Home
  • Water Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 05633-0104

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

$2,925

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1925
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Bilco Door(s), Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 2250
  • SquareFootage: 2250.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Fencing: Fenced
  • View: Water
  • Patio and Porch Features: Deck
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Ductless
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2605
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 05633-0104
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 0
  • NumberOf3Bedrooms: 1
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 2925
  • Tax Map Number: 05633-0104

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Jul 21, 2023
Sold by
Estate Of John Kuchta and John G. Kuchta As Executor
Bought by
Cuevas Nefer Pelaez and Pineda Adolfo Tellez
Seller's Agent
Daniel Hickey
Houlihan Lawrence Inc.
Buyer's Agent
Non Non OneKey Agent
Non-Member MLS
List Price
$665,000
Sold Price
$615,000
Premium/Discount to List
-$50,000
-7.52%
Views
39
Current Estimated Value
$793,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,738
Avg. Annual Appreciation
13.30%
Original Mortgage
$510,000
Outstanding Balance
$499,632
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$292,811

Purchase Details

Closed on
Jul 28, 2016
Sold by
Estate Of Janet M Hickey and John Kuchta As Administrator
Bought by
Kuchta John

Purchase Details

Closed on
May 12, 2003
Sold by
Hickey James M and Hickey Joyce I
Bought by
Hickey Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Buyer Sale Price Title Company
Cuevas Nefer Pelaez $615,000 --
Kuchta John -- --
Hickey Janet $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelaez Cuevas Nefer P $10,000
Open Cuevas Nefer Pelaez $510,000
Closed Cuevas Nefer Pelaez $5,000
Closed Cuevas Nefer Pelaez $100,000
Previous Owner Hickey Janet $170
Previous Owner Hickey Janet $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $615,000 -7.5% $273 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $665,000 0.0% $296 / Sq Ft
08/05/2022 08/05/22 For Sale $665,000 +8.1% $296 / Sq Ft
06/30/2022 06/30/22 Off Market $615,000 -- --
05/27/2022 05/27/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $665,000 +8.1% $296 / Sq Ft
04/19/2022 04/19/22 Off Market $615,000 -- --
04/05/2022 04/05/22 Price Changed $665,000 -4.3% $296 / Sq Ft
01/01/2022 01/01/22 For Sale $695,000 +13.0% $309 / Sq Ft
12/31/2021 12/31/21 Off Market $615,000 -- --
09/20/2021 09/20/21 Price Changed $695,000 -4.1% $309 / Sq Ft
06/30/2021 06/30/21 For Sale $725,000 -- $322 / 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 $7,636 $38,621 $10,236 $28,385
2024 $7,636 $38,020 $9,163 $28,857
2023 $7,284 $35,868 $7,434 $28,434
2022 $3,090 $48,780 $11,640 $37,140
2021 $3,084 $39,600 $11,640 $27,960
2020 $3,101 $35,820 $11,640 $24,180
2019 $3,013 $36,960 $11,640 $25,320
2018 $2,753 $29,890 $11,259 $18,631
2017 $2,930 $28,200 $11,445 $16,755
2016 $5,362 $26,820 $11,640 $15,180
2015 $2,989 $27,720 $12,960 $14,760
2014 $2,989 $26,403 $10,503 $15,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6127602

OneKey® MLS

APN: 05633-0104