NOT LISTED FOR SALE

14-03 Pinson St Unit 3 Far Rockaway, NY 11691

Far Rockaway Neighborhood

Estimated Value: $851,000 - $993,669

8 Beds
6 Baths
2,886 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $915,000 $317 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,315/month

231 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Primary Bedroom
  • Zoned Cooling
  • Private Lot
  • Park
  • Baseboard Heating

About This Home

As of May 2023

GREAT INVESTMENT OPPORTUNITY ! 3 family in super condition, Hard wood floors, building is well maintained. inside and out. Perfect Set-up ALL SEPARATE MEETERED; 3 GAS BOILER, 4 ELECTRIC MEETERS. 2-4 car parking. SUPERIOR INVEWTMENT High capitalization rate of 7% (Considerably higher then industry standard)

Last Agent to Sell the Property

Joseph Albano

Douglas Elliman Real Estate License #30AL0910178 Listed on: 09/04/2022

Douglas Elliman Real Estate

Last Buyer's Agent

Joseph Albano

Douglas Elliman Real Estate License #30AL0910178 Listed on: 09/04/2022

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,943

Year Built

  • Built in 2005

Lot Details

  • 2,640 Sq Ft Lot
  • Lot Dimensions are 30x88
  • No Common Walls
  • Private Lot

Home Design

  • 2,886 Sq Ft Home
  • 3-Story Property
  • Brick Exterior Construction
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • 6 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Private Parking
  • Driveway

Location

  • Property is near public transit

Schools

  • Hawtree Creek Middle School
  • Epic High School North

Utilities

  • Zoned Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for all utilities, cooking gas, electricity, heat
  • Legal Lot and Block 1 / 15652
  • Assessor Parcel Number 15652-0001

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,943

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 2005
  • New Construction: No
  • BuildingSize: 2886
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Basement: None
  • Inclusions: A/C Units
  • Total Bedrooms: 8
  • Living Area: 2886
  • Owner Pays: Insurance
  • SquareFootage: 2886.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick, Stucco
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: Zoned
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Hawtree Creek Middle School

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 30x88
  • Lot Size Sq Ft: 2640
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Private
  • Parcel Number: 15652-0001
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2022-09-06

Rental Info

  • Lease Considered: No
  • Tenant Pays: All Utilities, Cooking Gas, Electricity, Heat
  • Available Date: 2023-05-31

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 2
  • NumberOf2Bedrooms: 3
  • NumberOf3Bedrooms: 3

Tax Info

  • Tax Annual Amount: 5943
  • Tax Block: 15652
  • Tax Lot: 1
  • Tax Map Number: 15652-0001
  • IncludedInTaxes: Sewer

MLS Schools

  • High School: Epic High School North
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2022
Closed on
May 15, 2023
Sold by
Griffith Evrad
Bought by
Pinson Street Management Llc
Seller's Agent
Joseph Albano
Douglas Elliman Real Estate
Buyer's Agent
Joseph Albano
Douglas Elliman Real Estate
List Price
$999,000
Sold Price
$915,000
Premium/Discount to List
-$84,000
-8.41%
Views
62
Current Estimated Value
$904,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,333
Avg. Annual Appreciation
-0.46%

Purchase Details

Closed on
Jun 21, 2007
Sold by
Rockaway Homes Inc
Bought by
Griffith Evrad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2004
Sold by
Victorino His Wife Shelly Ann and Victorino Serges
Bought by
Rockaway Homes Inc

Purchase Details

Closed on
Apr 4, 2003
Sold by
Victorino Serges
Bought by
Victorino Serges and Victorino Shelly Ann

Purchase Details

Closed on
Sep 8, 1998
Sold by
Hayden Patrick J and Hayden Frances
Bought by
Victorino Serges

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage
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
Pinson Street Management Llc $915,000 --
Pinson Street Management Llc $915,000 --
Griffith Evrad $515,000 --
Griffith Evrad $515,000 --
Rockaway Homes Inc -- --
Rockaway Homes Inc -- --
Victorino Serges -- --
Victorino Serges -- --
Victorino Serges $135,000 Old Republic Natl Title Ins
Victorino Serges $135,000 Old Republic Natl Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Griffith Evrad $463,500
Previous Owner Victorino Serges $128,250
Closed Rockaway Homes Inc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2023 05/15/23 Sold $915,000 -8.4% $317 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $999,000 0.0% $346 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
10/02/2022 10/02/22 For Sale $999,000 +9.2% $346 / Sq Ft
09/25/2022 09/25/22 Off Market $915,000 -- --
09/13/2022 09/13/22 For Sale $999,000 -- $346 / 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 $6,386 $31,795 $5,306 $26,489
2024 $6,386 $31,795 $5,492 $26,303
2023 $6,409 $31,555 $5,232 $26,323
2022 $5,943 $38,580 $7,680 $30,900
2021 $5,911 $33,660 $7,680 $25,980
2020 $5,608 $32,400 $7,680 $24,720
2019 $5,543 $30,900 $7,680 $23,220
2018 $5,360 $26,296 $7,207 $19,089
2017 $5,057 $24,808 $6,657 $18,151
2016 $4,679 $24,808 $6,657 $18,151
2015 $3,925 $22,080 $7,200 $14,880
2014 $3,925 $22,080 $7,200 $14,880
Source: Public Records

Agents Affiliated with this Home

  • Joseph Albano

    Seller's Agent in 2023

    Joseph Albano

    Douglas Elliman Real Estate

    (516) 624-8043

    2 in this area

    20 Total Sales

    Joseph Albano
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Map

Source: OneKey® MLS

MLS Number: KEY3427886

OneKey® MLS

APN: 15652-0001

New York Queens County Far Rockaway 11691 Far Rockaway

14-03 Pinson St Unit 3, Far Rockaway, NY

This home is located at 14-03 Pinson St Unit 3, Far Rockaway, NY 11691 since 04 September 2022 and is currently estimated at $904,667, approximately $313 per square foot. This property was built in 2005. 14-03 Pinson St Unit 3 is a home located in Queens County with nearby schools including P.S. 104 The Bays Water, Ms 53 Brian Piccolo, and Q319 Village Academy.

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