NOT LISTED FOR SALE

108-68 48th Ave Flushing, NY 11368

Corona Neighborhood

Estimated Value: $1,603,000 - $1,706,000

7 Beds
3 Baths
-- Sq Ft
1,900 Sq Ft Lot

Last Sold May 05, 2023

Last sale price $1,500,000

Est. 11% increase in value since last sale

Current estimated payment $9,579/month

45 Days on Market

Highlights

  • Property is near public transit
  • Baseboard Heating
  • 3-minute walk to Corona Golf Playground
  • Park
  • Northeast Facing Home

About This Home

As of May 2023

Corona 3-story apartment house with 7 bedrooms and 3 bathrooms. Balcony on second floor. Private gated driveway. Located steps from Flushing Meadow Corona Park/NY Hall of Science/Queens Zoo/Sports Center. Supermarkets and shops on 108th St. Q-23 bus stop. Minutes from #7 train station and Grand Central Parkway.

Last Agent to Sell the Property

Wei Lin

Chase Global Realty Corp License #10301217764 Listed on: 01/24/2023

Chase Global Realty Corp

Last Buyer's Agent

Yu Zheng

Chase Global Realty Corp License #10301224172

Chase Global Realty Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,118

Year Built

  • Built in 1965

Lot Details

  • 1,900 Sq Ft Lot
  • Lot Dimensions are 19x100
  • Two or More Common Walls
  • Northeast Facing Home

Home Design

  • Tri-Level Property
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Parking Space
  • Private Parking
  • Driveway

Schools

  • Ps 28 Thomas Emanuel Early Child Ctr Elementary School
  • Is 61 Leonardo Da Vinci Middle School
  • Newtown High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 36 / 2004
  • Assessor Parcel Number 02004-0036

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,118

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Year Built: 1965
  • New Construction: No
  • BuildingSize: 19.83x52
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 7
  • NumberOfKitchens: 3

Exterior Features

  • Direction Faces: Northeast
  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 1
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 61 Leonardo Da Vinci

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 19x100
  • Lot Size Sq Ft: 1900
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02004-0036
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 11118
  • Tax Block: 2004
  • Tax Lot: 36
  • Tax Map Number: 02004-0036

MLS Schools

  • Elementary School: Ps 28 Thomas Emanuel Early Child Ctr
  • High School: Newtown High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2023
Sold by
Zheng Qin Yun
Bought by
10868 Realty Llc
Current Estimated Value
$1,657,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$781,291
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$876,499

Purchase Details

Listed on
Jan 24, 2023
Closed on
May 5, 2023
Sold by
Acevedo Arbey A
Bought by
Zheng Qin Yun
Seller's Agent
Wei Lin
Chase Global Realty Corp
Buyer's Agent
Yu Zheng
Chase Global Realty Corp
List Price
$1,588,000
Sold Price
$1,500,000
Premium/Discount to List
-$88,000
-5.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
Aug 26, 1999
Sold by
Figueroa Miguel
Bought by
Acevedo Arbey A and Acevedo Jenny M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
10868 Realty Llc -- --
Zheng Qin Yun $1,500,000 --
Acevedo Arbey A $360,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 10868 Realty Llc $800,000
Previous Owner Acevedo Arbey A $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2023 05/05/23 Sold $1,500,000 0.0% --
03/24/2023 03/24/23 Pending -- -- --
02/28/2023 02/28/23 Off Market $1,500,000 -- --
02/28/2023 02/28/23 For Sale $1,588,000 +5.9% --
02/07/2023 02/07/23 Off Market $1,500,000 -- --
02/06/2023 02/06/23 For Sale $1,588,000 -- --
Source: OneKey® MLS

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 $11,655 $61,505 $7,658 $53,847
2024 $11,655 $58,026 $8,139 $49,887
2018 $9,299 $45,619 $6,170 $39,449
2017 $9,299 $45,619 $7,840 $37,779
2016 $9,051 $45,619 $7,840 $37,779
2015 $4,971 $42,712 $12,453 $30,259
2014 $4,971 $40,296 $11,302 $28,994
Source: Public Records

Agents Affiliated with this Home

  • Wei Lin

    Seller's Agent in 2023

    Wei Lin

    Chase Global Realty Corp

    (718) 313-7895

    2 in this area

    59 Total Sales

    Wei Lin
    Section Image

  • Y

    Buyer's Agent in 2023

    Yu Zheng

    Chase Global Realty Corp

    1 in this area

    18 Total Sales

    Yu Zheng
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3454389

OneKey® MLS

APN: 02004-0036

New York Queens County Flushing 11368 Corona

108-68 48th Ave, Flushing, NY

Not Listed for Sale

MultiFamily

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