$1,100,000
SOLD FEB 10, 2025
5 Beds
3 Baths
-- Sq Ft
3,800 Sq Ft Lot

Recently Sold

27% Below List Price

91 Days on Market

Highlights

  • Property is near public transit
  • Detached Garage
  • Park
  • P.S. 219 - Paul Klapper Rated A
  • Eat-In Kitchen
  • Hot Water Heating System

About This Home

As of February 2025

Great, income producing 2 family property in the Queensboro Hills (11367) area of flushing. The house has a total of 5 Bedrooms and 3 Baths. There is a front, first floor apartment which has 3 bedrooms, 1 bath and a large eat-in-kitchen. There is also a rear 2 bedroom, 1 bath duplex apartment. This unit has living room, kitchen, and a full bath on the first floor and 2 bedrooms on the 2nd floor. The basement is also 80% finished and is used as living space, with a rear outside separate entrance. The property can be accessed from the front and rear yards (North & South Exposures). Has a large 2 car detached garage that is accessed from the North Side of the property, the front door of the property is accessed from the South side of the property. The property has a 40 x 95 lot size, R3X zoning (2 family). School district #25. Near all, 15 minute bus ride to downtown Flushing. Walk to Flushing Meadow Park. Conveniently located near major highways, dining and public transportation, Additional information: Separate Hotwater Heater:yes

Last Agent to Sell the Property

Glenn Pinzon

EXP Realty Brokerage Phone: 888-276-0630 License #40PI1114522 Listed on: 08/02/2024

EXP Realty

Last Buyer's Agent

Xingye Fu

EXP Realty License #10401357782

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,096

Year Built

  • Built in 1935

Lot Details

  • 3,800 Sq Ft Lot
  • Lot Dimensions are 40x95
  • Partially Fenced Property
  • Level Lot

Parking

  • Detached Garage

Home Design

  • Duplex
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 22 Thomas Jefferson Elementary School
  • John Bowne High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 40 / 6385
  • Assessor Parcel Number 06385-0040

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,096

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Duplex
  • Levels: Two
  • Year Built: 1935
  • Attribution Contact: 888-276-0630
  • Co List Office Mls Id: KEYEXP02
  • Co List Office Phone: 888-276-0630
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Full Bathrooms: 3
  • Basement: Full, Partially Finished
  • Total Bedrooms: 5
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame, Aluminum Siding
  • Fencing: Partial
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Detached

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: None

Condo/Co-op/Association

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

Lot Info

  • Lot Dimensions: 40x95
  • Lot Size Sq Ft: 3800
  • Lot Features: Near Public Transit, Near School, Near Shops, Level
  • Parcel Number: 06385-0040
  • Property Attached: No
  • Zoning: R3X

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 9096
  • Tax Block: 6385
  • Tax Lot: 40

MLS Schools

  • Elementary School: Ps 22 Thomas Jefferson
  • High School: John Bowne High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Feb 10, 2025
Sold by
Canale Rosa and Ditillio Caterina
Bought by
Hu Lihong and Shu Sihua
Seller's Agent
Glenn Pinzon
EXP Realty
Buyer's Agent
Xingye Fu
EXP Realty
List Price
$1,499,000
Sold Price
$1,100,000
Premium/Discount to List
-$399,000
-26.62%
Views
1
Current Estimated Value
$1,154,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,362
Avg. Annual Appreciation
8.74%
Original Mortgage
$660,000
Outstanding Balance
$657,226
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$499,468
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 Type Sale Price Title Company
Deed $1,100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $660,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Sold $1,100,000 -26.6% --
11/01/2024 11/01/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $1,499,000 -- --
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 $9,236 $48,371 $8,228 $40,143
2024 $9,236 $45,983 $8,248 $37,735
2023 $8,996 $44,789 $8,391 $36,398
2022 $8,941 $77,940 $14,400 $63,540
2021 $8,992 $74,280 $14,400 $59,880
2020 $8,532 $74,520 $14,400 $60,120
2019 $8,016 $76,920 $14,400 $62,520
2018 $7,608 $37,324 $9,865 $27,459
2017 $7,608 $37,324 $9,469 $27,855
2016 $7,118 $37,324 $9,469 $27,855
2015 $4,247 $33,591 $11,990 $21,601
2014 $4,247 $31,933 $13,685 $18,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3570034

OneKey® MLS

APN: 06385-0040