NOT LISTED FOR SALE

Estimated Value: $644,922

Studio
-- Bath
2,220 Sq Ft
$291/Sq Ft Est. Value

Sale Details

Date Sold: April 17, 2025

Last sale price $620,000 $279 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,463 / mo

About This Home

As of April 2025

Very rare and hot Laundry Mall location in Shore Acres, Staten Island for sale, it is next and close to Verrazzano Bridge, Hyland Blvd and the freeway 278. The lot size is 22 feet by 115 feet, the current building has about 2300 square feet with a finished basement, it is currently one store one family setting. The store is used as a laundry mall and the family has three bedrooms. The laundry business is included into the total selling price, about 40 new machines of around $20,000 monthly income. The building has excellent investment returns with huge up-trend potential, or it can be owner occupied to operate a business. Seller is motivated.

Last Agent to Sell the Property

Fangyang Shen

Sun Realty New York Inc Listed on: 10/25/2024

Last Buyer's Agent

Fangyang Shen

Sun Realty New York Inc Listed on: 10/25/2024

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Property Details

Property Type

  • Other

Lot Details

  • 2,600 Sq Ft Lot
  • Lot Dimensions are 115 x 22
  • Back Yard

Home Design

  • 2,220 Sq Ft Home
  • Mixed Use
  • Brick Exterior Construction

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Fuel Expense $3,000
  • Utility Expense $3,500
  • Gross Income $200,000

Property Details

Property Type

Other

Lot Details

2,600 Sq Ft Lot

Listing Details

  • Basement Amenities: None
  • Borough: Staten Island
  • Building Length: 40.00
  • Building Width: 22.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: Hyland Blvd
  • Heat Delivery: Baseboard
  • Number Of Families: 1
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 2220
  • Street Name I D X: Bay
  • Special Features: None

Interior Features

  • Flooring: None
  • Lot Sq Ft: 2600

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Other
  • Exterior: Brick
  • Foundation Details: Other
  • Roof: Other

Utilities

  • Electric: Other
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 3000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 115
  • Lot Size Width: 22

Rental Info

  • Rent Income: 20000

Multi Family

  • Annual Gross Expense: 70000.00
  • Annual Gross Income: 200000
  • Annual Utility Expenses: 3500.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Apr 17, 2025
Sold by
Bought by
Seller's Agent
Fangyang Shen
Sun Realty New York Inc
Buyer's Agent
Fangyang Shen
Sun Realty New York Inc
List Price
$950,000
Sold Price
$620,000
Premium/Discount to List
-$330,000
-34.74%
Views
34
Current Estimated Value
$644,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,922
Avg. Annual Appreciation
2.98%
Original Mortgage
$580,000
Outstanding Balance
$243,782
Interest Rate
1.5%
Mortgage Type
Seller Take Back
Estimated Equity
$401,140

Purchase Details

Closed on
Oct 5, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$620,000 Commonwealth Land Title
$450,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $580,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/17/2025 04/17/25 Sold $620,000 -34.7% $279 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $950,000 -- $428 / Sq Ft
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,013 $107,550 $46,800 $60,750
2025 $10,724 $111,600 $46,800 $64,800
2024 $10,724 $101,250 $46,800 $54,450
2023 $10,568 $99,270 $46,800 $52,470
2022 $10,618 $107,100 $46,800 $60,300
2021 $9,191 $85,950 $46,800 $39,150
2020 $9,901 $107,550 $46,800 $60,750
2019 $9,226 $110,250 $46,800 $63,450
2018 $7,930 $103,050 $46,800 $56,250
2017 $6,813 $92,700 $46,800 $45,900
2016 $6,110 $76,500 $46,800 $29,700
2015 $5,017 $56,250 $23,400 $32,850
2014 $5,017 $48,600 $23,400 $25,200
Source: Public Records

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 487033

Brooklyn Board of REALTORS®

APN: 02854-0021

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