NOT LISTED FOR SALE
7 Beds
8 Baths
-- Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: February 23, 2023

Last sale price $1,950,000

40 Days on Market

Highlights

  • Property is near public transit
  • Park
  • South Facing Home
  • P.S. 214 Cadwallader Colden Rated A-
  • Baseboard Heating
  • 4-minute walk to Cadwallader Colden Playground

About This Home

As of February 2023

Great investment opportunity in the heart of North Flushing! Legal 8 Family brick building , maintained in good condition. 4 story walk up building, with 2 parking space. 8 electric meters for all units. Projected Cap 5%+. All units free market. NO rent stabilized unit. Good quality tenants. Can be delivered vacant.

Last Agent to Sell the Property

Yvonne Zhu

B Square Realty License #10301224091 Listed on: 07/20/2022

B Square Realty

Co-Listed By

Lisa Wan

Tiffany Moves You Inc License #10401353405

Last Buyer's Agent

Yvonne Zhu

B Square Realty License #10301224091 Listed on: 07/20/2022

B Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $38,807

Year Built

  • Built in 1992

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • Two or More Common Walls
  • South Facing Home

Home Design

  • Apartment
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Private Parking

Schools

  • Ps 214 Cadwallader Colden Elementary School
  • JHS 185 Edward Bleeker Middle School
  • Flushing High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • 3-Story Property
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 51 / 4954
  • Assessor Parcel Number 04954-0051

Community Details

Overview

  • 8 Units

Recreation

  • Park

Building Details

  • 9 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$38,807

Year Built

Built in 1992

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Apartment
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Building Size: 24*57
  • Year Built: 1992
  • New Construction: No
  • Attribution Contact: 929-366-6682
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Private Roof
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 8
  • Full Bathrooms: 8
  • Basement: None
  • Total Bedrooms: 7
  • Kitchens: 8

Exterior Features

  • Direction Faces: South
  • Construction Materials: Brick
  • Flood Zone Date: 2022-07-25
  • Flood Zone Report: Yes

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private

Utilities

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

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Expense: 6286.00

Schools

  • Middle School: Jhs 185 Edward Bleeker

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04954-0051
  • Property Attached: Yes

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity

Tax Info

  • Close Date: 2023-02-23
  • Tax Annual Amount: 38807.00
  • Tax Block: 4954
  • Tax Lot: 51
  • Tax Map Number: 04954-0051

Multi Family

  • Units Total: 8
  • 1 Bedrooms: 7
  • Separate Electric Meters: 9
  • Separate Gas Meters: 1

MLS Schools

  • Elementary School: Ps 214 Cadwallader Colden
  • High School: Flushing High School
  • Middle School District: Queens 25
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2023 02/23/23 Sold $1,950,000 -7.1% --
08/29/2022 08/29/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $2,100,000 -- --
Source: OneKey® MLS

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 $44,425 $383,772 $7,718 $376,054
2024 $44,425 $355,344 $8,572 $346,772
2023 $41,134 $329,022 $9,524 $319,498
2022 $37,274 $304,650 $9,900 $294,750
2021 $38,807 $316,350 $9,900 $306,450
2020 $43,387 $347,850 $9,900 $337,950
2019 $44,404 $352,080 $9,900 $342,180
2018 $42,355 $333,007 $7,491 $325,516
2017 $39,218 $308,340 $7,357 $300,983
2016 $40,223 $308,340 $7,357 $300,983
2015 $17,844 $302,330 $7,825 $294,505
2014 $17,844 $279,936 $7,203 $272,733
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3417614

OneKey® MLS
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