NOT LISTED FOR SALE

12-26 116th St Flushing, NY 11356

College Point Neighborhood

Estimated Value: $1,304,000 - $1,475,000

6 Beds
3 Baths
2,895 Sq Ft
$482/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $1,323,000 $457 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,073/month

11 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Attached Garage
  • P.S. 129 Patricia Larkin Rated A-
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of July 2021

Excellent Income Producing All Brick Three Family In Great Location of College Point. Updated Kitchen And Baths, Beautiful Hardwood Floors. 3 Bedrooms Over 2 Bedrooms And A Walkout 1 Bedroom, With Backyard Area And 2 Car Garage. Low Taxes, Minutes From Shopping And Public Transportation. A Must See!, Additional information: Appearance:Excellent,Interior Features:Lr/Dr

Last Agent to Sell the Property

George Panagopoulos

Douglas Elliman Real Estate Brokerage Phone: 516-746-0440 License #10301219907 Listed on: 04/01/2021

Douglas Elliman Real Estate

Co-Listed By

Nikolaos Avgoulas

Douglas Elliman Real Estate Brokerage Phone: 516-746-0440 License #10401323127

Last Buyer's Agent

Rong L

Landmark International R E LLC License #10401280826

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,413

Year Built

  • Built in 1930

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 25x120
  • 1 Common Wall

Home Design

  • Triplex
  • Bi-Level Home
  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Common or Shared Parking

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Ps 129 Patricia Larkin Elementary School
  • JHS 194 William Carr Middle School
  • Flushing High School

Utilities

  • Ductless Heating Or Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 53 / 4036
  • Assessor Parcel Number 04036-0053

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

$8,413

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Property Condition: Estimated
  • Levels: Bi-Level
  • Year Built: 1930
  • Attribution Contact: 516-746-0440
  • Co List Office Mls Id: KEYDERE61
  • Co List Office Phone: 516-746-0440
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 6
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • Patio and Porch Features: Patio

Garage/Parking

  • Parking Description: Attached, Common, Private

Utilities

  • Cooling: Ductless
  • Heating: Hot Water, Oil

Condo/Co-op/Association

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

Schools

  • Middle School: Jhs 194 William Carr

Lot Info

  • Lot Dimensions: 25x120
  • Lot Size Sq Ft: 3000
  • Lot Features: Near Public Transit, Near Shops
  • Parcel Number: 04036-0053
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 8413.4
  • Tax Block: 4036
  • Tax Lot: 53

MLS Schools

  • Elementary School: Ps 129 Patricia Larkin
  • High School: Flushing High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jul 6, 2021
Sold by
Avgoulas Constantine and Avgoulas Neophyta
Bought by
Lin Zhen Gui and Zheng Jing
Seller's Agent
George Panagopoulos
Douglas Elliman Real Estate
Buyer's Agent
Rong L
Landmark International R E LLC
List Price
$1,299,000
Sold Price
$1,323,000
Premium/Discount to List
$24,000
1.85%
Current Estimated Value
$1,394,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,695
Avg. Annual Appreciation
1.23%
Original Mortgage
$793,800
Outstanding Balance
$721,347
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$673,348
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
Lin Zhen Gui $1,323,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Zhen Gui $793,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2021 07/06/21 Sold $1,323,000 +1.8% $457 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $1,299,000 -- $449 / 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 $9,111 $47,974 $6,740 $41,234
2024 $9,111 $45,364 $7,043 $38,321
2023 $8,596 $42,798 $5,658 $37,140
2022 $8,345 $70,800 $10,200 $60,600
2021 $8,797 $70,740 $10,200 $60,540
2020 $8,462 $77,760 $10,200 $67,560
2019 $7,908 $76,440 $10,200 $66,240
2018 $7,270 $35,665 $6,045 $29,620
2017 $7,101 $34,836 $6,300 $28,536
2016 $6,964 $34,836 $6,300 $28,536
2015 $3,964 $33,315 $7,515 $25,800
2014 $3,964 $31,503 $8,525 $22,978
Source: Public Records

Agents Affiliated with this Home

  • George Panagopoulos

    Seller's Agent in 2021

    George Panagopoulos

    Douglas Elliman Real Estate

    (917) 440-5635

    1 in this area

    87 Total Sales

    George Panagopoulos
    Section Image
  • Nikolaos Avgoulas

    Seller Co-Listing Agent in 2021

    Nikolaos Avgoulas

    Douglas Elliman Real Estate

    (917) 963-2649

    1 in this area

    15 Total Sales

    Nikolaos Avgoulas
    Section Image

  • R

    Buyer's Agent in 2021

    Rong L

    Landmark International R E LLC

    (347) 575-6387

    2 in this area

    38 Total Sales

    Rong L
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: L3299523

OneKey® MLS

APN: 04036-0053

New York Queens County Flushing 11356 College Point

12-26 116th St, Flushing, NY

This home is located at 12-26 116th St, Flushing, NY 11356 since 01 April 2021 and is currently estimated at $1,394,695, approximately $481 per square foot. This property was built in 1930. 12-26 116th St is a home located in Queens County with nearby schools including P.S. 129 Patricia Larkin, J.H.S. 194 William Carr, and Flushing High School.

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