NOT LISTED FOR SALE

Estimated Value: $983,000 - $1,133,000

3 Beds
2 Baths
-- Sq Ft
3,000 Sq Ft Lot

Last Sold September 19, 2023

Last sale price $870,000

Est. 23% increase in value since last sale

Current estimated payment $6,363/month

85 Days on Market

Highlights

  • Cape Cod Architecture
  • Combination Dining and Living Room
  • Hot Water Heating System
  • Property is near public transit

About This Home

As of September 2023

Motivated Seller! Amazing opportunity to own this 2 family home in a great location close to all! First floor features 2 large bedrooms, eat in kitchen and large living room. Second floor has one bedroom apartment with living room and kitchen with a breakfast bar. Extra large fully finished basement with laundry room and separate entrance. Home also has a private yard with shed. No driveway, tons of street parking. Right off Main Street, by LIE, close to Q88 bus, Queens College, schools, tons of stores nearby. This one is a GEM! Will be delivered vacant upon closing. Make an appointment today!

Last Agent to Sell the Property

Arlene Ferreira

City Sites R E Group Inc License #10401337670 Listed on: 05/07/2023

Co-Listed By

Maria Goris

City Sites R E Group Inc License #10311203624

Last Buyer's Agent

Deborah Gabriel-Lucas

Compass Greater NY LLC License #10401260895

Compass Greater NY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,004

Year Built

  • Built in 1940

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30x100
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • 3-Story Property
  • Combination Dining and Living Room
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 219 Paul Klapper Elementary School
  • JHS 185 Edward Bleeker Middle School
  • Townsend Harris High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 25 / 6389
  • Assessor Parcel Number 06389-0025

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,004

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Cape Cod
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1940
  • New Construction: No
  • Co List Office Mls Id: ONECTYS01
  • Co List Office Phone: 212-588-9490
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished
  • Total Bedrooms: 3
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 185 Edward Bleeker

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 30x100
  • Lot Size Sq Ft: 3000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 06389-0025
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2023-08-31

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 9004
  • Tax Block: 6389
  • Tax Lot: 25
  • Tax Map Number: 06389-0025

MLS Schools

  • Elementary School: Ps 219 Paul Klapper,Queens College School for Math Science Technology
  • High School: Townsend Harris High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2023
Closed on
Sep 19, 2023
Sold by
Ahmad Deceased Ali and Ahmad Bi
Bought by
Tao Yu-Hao and Tsang Hong Kit
Seller's Agent
Arlene Ferreira
City Sites R E Group Inc
Buyer's Agent
Deborah Gabriel-Lucas
Compass Greater NY LLC
List Price
$985,000
Sold Price
$870,000
Premium/Discount to List
-$115,000
-11.68%
Views
185
Current Estimated Value
$1,067,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,174
Avg. Annual Appreciation
9.64%
Original Mortgage
$470,000
Outstanding Balance
$459,398
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$607,776

Purchase Details

Closed on
Jul 22, 1999
Sold by
Agostino Felice and Agostino Rosa
Bought by
Ahmad Ali and Bi Rafia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,625
Interest Rate
7.65%
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
Tao Yu-Hao $870,000 --
Tao Yu-Hao $870,000 --
Ahmad Ali $257,500 Fidelity National Title Ins
Ahmad Ali $257,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tao Yu-Hao $470,000
Closed Tao Yu-Hao $470,000
Previous Owner Ahmad Ali $244,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2023 09/19/23 Sold $870,000 -6.5% --
08/01/2023 08/01/23 Pending -- -- --
07/12/2023 07/12/23 Price Changed $930,000 -2.1% --
06/05/2023 06/05/23 Price Changed $950,000 -3.6% --
05/07/2023 05/07/23 For Sale $985,000 -- --
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 $9,196 $48,173 $10,861 $37,312
2024 $9,196 $45,785 $12,369 $33,416
2023 $9,196 $45,785 $11,754 $34,031
2022 $9,004 $59,460 $14,880 $44,580
2021 $8,955 $50,160 $14,880 $35,280
2020 $8,497 $55,140 $14,880 $40,260
2019 $7,689 $49,980 $14,880 $35,100
2018 $7,480 $38,154 $12,038 $26,116
2017 $7,362 $37,586 $12,395 $25,191
2016 $6,779 $37,586 $12,395 $25,191
2015 $4,057 $33,453 $12,613 $20,840
2014 $4,057 $31,795 $11,859 $19,936
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3476427

OneKey® MLS

APN: 06389-0025