NOT LISTED FOR SALE

Estimated Value: $1,333,000 - $1,559,000

6 Beds
3 Baths
-- Sq Ft
3,052 Sq Ft Lot

Last Sold November 22, 2021

Last sale price $1,338,000

Est. 10% increase in value since last sale

Current estimated payment $8,627/month

85 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to 111 Street (7 Line)
  • Formal Dining Room
  • Wood Flooring
  • Main Floor Primary Bedroom
  • 4 Car Detached Garage

About This Home

As of November 2021

Wonderful Investment Opportunity. **Property Being Sold With Tenants** All brick 3 family house. First floor offers a sunny large 2 bedroom apartment with living room, bright porch, formal dining room, eat in kitchen, full bathroom and 2 spacious bedrooms, lots of closets and windows. 2nd floor offers 2 apartments. both 2 bedroom apartment located one in the front and one facing back of the building. Both apartments have bright and spacious living rooms, kitchens and full bathrooms. Full basement unfinished. Hardwood floors through out, all brick building, fenced in yard, and shared driveway ,4 parking spaces. Close to public transportation, parks, shopping, restaurants and so much more.

Last Agent to Sell the Property

Diana Alfaro

Douglas Elliman Real Estate License #10401273951 Listed on: 02/22/2021

Douglas Elliman Real Estate

Co-Listed By

Carmen Coll

Douglas Elliman Real Estate License #40CO1113026

Last Buyer's Agent

Sherry Dong

E Realty International Corp License #10401237304

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,708

Year Built

  • Built in 1925

Lot Details

  • 3,052 Sq Ft Lot
  • Lot Dimensions are 24.25 x 125
  • 1 Common Wall
  • South Facing Home
  • Back Yard Fenced

Parking

  • 4 Car Detached Garage
  • No Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Skylights
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Unfinished Basement

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

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Legal Lot and Block 77 / 1779

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,708

Year Built

Built in 1925

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Levels: Two
  • Building Size: 20ft. X 60ft.
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 718-631-8900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen, Formal Dining Room, Entrance Foyer
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Full, Unfinished, Walk-Out Access
  • Inclusions: Refrigerator, Second Stove
  • Total Bedrooms: 6
  • Kitchens: 3
  • Window Features: Skylight(s)

Exterior Features

  • Direction Faces: South
  • Construction Materials: Brick
  • Flood Zone Date: 2021-02-23
  • Flood Zone Report: Yes
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Total Parking Spaces: 4.00
  • Attached Garage: No
  • Garage Spaces: 4.00
  • Garage: No
  • Parking Description: Shared Driveway, Detached, 4+ Car Detached, No Garage, Common, Private

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Separate Hotwater Heater Detail: 1
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Size Area: 0.0700
  • Lot Dimensions: 24.25 X 125
  • Lot Size Sq Ft: 3052.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Zoning Description: R5
  • Property Attached: Yes

Rental Info

  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2021-11-22
  • Included in Taxes: Trash
  • Tax Annual Amount: 8707.68
  • Tax Block: 1779
  • Tax Lot: 77

Multi Family

  • Units Total: 3
  • 1 Bedrooms: 2
  • Two Bedrooms: 2
  • Three Bedrooms: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

MLS Schools

  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
Nov 22, 2021
Sold by
Carmen Pilar Lopez As Executor and Estate Of Teodolinda Bermudez
Bought by
Chen Shu Long
Seller's Agent
Diana Alfaro
Douglas Elliman Real Estate
Buyer's Agent
Sherry Dong
E Realty International Corp
List Price
$1,499,000
Sold Price
$1,338,000
Premium/Discount to List
-$161,000
-10.74%
Current Estimated Value
$1,473,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,537
Avg. Annual Appreciation
2.49%
Original Mortgage
$930,000
Outstanding Balance
$852,066
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$621,471

Purchase Details

Closed on
Dec 5, 2003
Sold by
Suffront Luis
Bought by
Bermudez Teodolinda

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
5.65%
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
Chen Shu Long $1,338,000 --
Chen Shu Long $1,338,000 --
Bermudez Teodolinda -- --
Bermudez Teodolinda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Shu Long $930,000
Closed Chen Shu Long $930,000
Previous Owner Bermudez Teodolinda $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $1,338,000 -10.7% --
05/18/2021 05/18/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $1,499,000 -- --
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 $10,791 $54,326 $10,395 $43,931
2024 $10,791 $53,729 $10,867 $42,862
2023 $9,795 $48,769 $8,176 $40,593
2022 $9,227 $77,400 $13,680 $63,720
2021 $9,177 $64,620 $13,680 $50,940
2020 $8,708 $71,040 $13,680 $57,360
2019 $8,502 $60,840 $13,680 $47,160
2018 $8,285 $40,641 $7,813 $32,828
2017 $7,852 $38,517 $9,587 $28,930
2016 $7,264 $38,517 $9,587 $28,930
2015 $4,383 $34,282 $11,246 $23,036
2014 $4,383 $33,868 $11,111 $22,757
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3289526

OneKey® MLS

APN: 01779-0077