$999,000
SOLD FEB 24, 2025
6 Beds
3 Baths
2,926 Sq Ft
2,500 Sq Ft Lot

Recently Sold

$341 Per Sq Ft

13% Below List Price

305 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Property is near public transit
  • Porch
  • Park

About This Home

As of February 2025

Great Multifamily home located in Indian Village section of Morris Park this all brick Colonial home has a foyer that walks into a 2 bedroom 1 bath apartment , second level has 3 bedrooms 1 bath , lower level is a 1 bedroom 1 bath walkout apartment with rear patio and shed, driveway & garage , close to public transportation and retail stores. Additional Information: ParkingFeatures:1 Car Attached,

Last Agent to Sell the Property

Joseph Chiariello

Morris Park Realty Group Brokerage Phone: 718-881-1923 License #40CH1134784 Listed on: 03/08/2024

Co-Listed By

Joe Cosentino

Morris Park Realty Group Brokerage Phone: 718-881-1923 License #10311205741

Last Buyer's Agent

Joseph Chiariello

Morris Park Realty Group Brokerage Phone: 718-881-1923 License #40CH1134784 Listed on: 03/08/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,100

Year Built

  • Built in 1955

Lot Details

  • 2,500 Sq Ft Lot
  • Level Lot

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Entrance Foyer
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 04307-0025

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

$8,100

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Triplex
  • Year Built: 1955
  • Attribution Contact: 718-881-1923
  • Co List Office Mls Id: KEYAGJRLT
  • Co List Office Phone: 718-881-1923
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Entrance Foyer
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 6
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Patio and Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Attached, Driveway

Utilities

  • Cooling: None
  • Heating: Natural Gas, Radiant, Steam
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Fee Information

  • Annual Water Sewer Expense: 2600

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.0574
  • Lot Size Area: 0.0574
  • Lot Size Sq Ft: 2500
  • Building Area Total: 2926
  • Lot Features: Near Public Transit, Near School, Level
  • Parcel Number: 04307-0025
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 5000
  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • Insurance Expense: 2800

Tax Info

  • Tax Annual Amount: 8100
  • Tax Year: 2023

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Feb 21, 2025
Sold by
Nardi John and Nardi Robert
Bought by
Abdulrazzak Fares and Mooddeen Nafeeza
Seller's Agent
Joseph Chiariello
Morris Park Realty Group
Buyer's Agent
Joseph Chiariello
Morris Park Realty Group
List Price
$1,150,000
Sold Price
$999,000
Premium/Discount to List
-$151,000
-13.13%
Views
25
Current Estimated Value
$1,047,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,358
Avg. Annual Appreciation
29.92%
Original Mortgage
$749,250
Outstanding Balance
$746,791
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$374,134

Purchase Details

Closed on
Feb 3, 1997
Sold by
Nardi Alberto and Nardi Esterina
Bought by
Nardi John and Nardi Robert
Source: Public Records

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Range of Values:

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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
Deed $999,000 --
Interfamily Deed Transfer $65,000 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $749,250 Purchase Money Mortgage
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Sold $999,000 -13.1% $341 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
03/08/2024 03/08/24 For Sale $1,150,000 -- $393 / 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 $8,628 $45,533 $7,869 $37,664
2024 $8,628 $42,956 $6,913 $36,043
2023 $8,230 $40,525 $6,692 $33,833
2022 $7,632 $58,920 $10,680 $48,240
2021 $8,046 $47,820 $10,680 $37,140
2020 $8,032 $47,940 $10,680 $37,260
2019 $7,488 $38,640 $10,680 $27,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6292405

OneKey® MLS

APN: 04307-0025