NOT LISTED FOR SALE

Estimated Value: $1,454,281 - $1,730,000

8 Beds
5 Baths
3,220 Sq Ft
$510/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $1,475,000 $458 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,011/month

15 Days on Market

Highlights

  • Property is near public transit
  • Balcony
  • 1 Car Garage
  • P.S. 21 Edward Hart Rated A-
  • Park
  • Private Entrance

About This Home

As of September 2023

Multi family with $100k rental income per year in the very desirable area of Flushing. This 3 story brick house is a fixer-upper. It is a legal 3 family with basement and a garage. Its features are 8 bedrooms 5 bathrooms. 1st Floor 2 bedrooms with 1 bath, and garage. 2nd floor 3 bedrooms with 2 bathrooms and 2 balconies(master bedroom balcony can access to the backyard ). 3rd floor 3 bedrooms with 2 bathrooms . Lot size 20x100. Living size 3220 sqf.

Last Agent to Sell the Property

Xiao Ping Song

E Realty International Corp License #10401327602 Listed on: 05/23/2023

E Realty International Corp

Last Buyer's Agent

Xiuxiu Xiang

E Realty International Corp License #10401328891

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,327

Year Built

  • Built in 1930

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • 1 Common Wall
  • North Facing Home
  • Private Entrance
  • Stone Wall
  • Back Yard Fenced

Parking

  • 1 Car Garage
  • Private Parking
  • Driveway

Home Design

  • 3,220 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Schools

  • JHS 185 Edward Bleeker Middle School
  • Flushing High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • Property is near public transit
  • Unfinished Basement

Listing and Financial Details

  • Legal Lot and Block 30 / 5005
  • Assessor Parcel Number 05005-0030

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,327

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Year Built: 1930
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 5
  • Basement: Unfinished
  • Total Bedrooms: 8
  • Living Area: 3220
  • SquareFootage: 3220.00
  • NumberOfKitchens: 3

Exterior Features

  • Direction Faces: North
  • Construction Materials: Brick
  • Fencing: Back Yard
  • Exterior Features: Balcony, Private Entrance
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Driveway, Garage

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Other
  • 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: Jhs 185 Edward Bleeker

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Lot Features: Stone/Brick Wall, Near Public Transit
  • Parcel Number: 05005-0030
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-05-24

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 6326.68
  • Tax Block: 5005
  • Tax Lot: 30
  • Tax Map Number: 05005-0030

MLS Schools

  • High School: Flushing High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Sep 13, 2023
Sold by
Estate Of Thomas Soong and Desong As Administrator Hua
Bought by
Fineland Group Llc
Seller's Agent
Xiao Ping Song
E Realty International Corp
Buyer's Agent
Xiuxiu Xiang
E Realty International Corp
List Price
$1,600,000
Sold Price
$1,475,000
Premium/Discount to List
-$125,000
-7.81%
Views
3
Current Estimated Value
$1,630,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,511
Avg. Annual Appreciation
5.62%
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
Fineland Group Llc $1,475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fineland Group Llc $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $1,475,000 -7.8% $458 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $1,600,000 -- $497 / 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 $12,994 $68,477 $12,560 $55,917
2024 $12,994 $64,696 $13,579 $51,117
2023 $12,654 $62,305 $12,475 $49,830
2022 $5,234 $101,880 $21,900 $79,980
2021 $5,706 $91,860 $21,900 $69,960
2020 $5,380 $88,200 $21,900 $66,300
2019 $4,980 $80,160 $21,900 $58,260
2018 $4,633 $51,921 $12,133 $39,788
2017 $4,646 $51,921 $16,638 $35,283
2016 $4,417 $51,921 $16,638 $35,283
2015 $2,515 $47,553 $21,265 $26,288
2014 $2,515 $44,928 $23,621 $21,307
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3480024

OneKey® MLS

APN: 05005-0030