NOT LISTED FOR SALE

Estimated Value: $728,000 - $848,632

2 Beds
2 Baths
999 Sq Ft
$486/mo HOA Fee

Last Sold May 09, 2024

Last sale price $830,000 $831 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,078/month

318 Days on Market

Highlights

  • 1 Fireplace
  • Window Unit Cooling System
  • Courtyard
  • P.S. 21 Edward Hart Rated A-
  • Views
  • High-Rise Condominium

About This Home

As of May 2024

Welcome to Northern Lights - A collection of newly released, brand new, renovated apartments in a re-imagined pre-war, converted condominium building located moments away from the heart of Downtown Flushing, Queens. These exceptional condominium homes comprise 4 winning elevatored buildings that blend seamlessly pre-war aesthetics with new modern conveniences elevated by a curated compilation of must have amenities for today's discerning purchasers. Grand, open floorplans provide generous personal spaces in each home while enhancing the sense of community living with building's amenities to heighten the experience of living and entertaining at home.

Unit 5L is a 999 square foot 2 bedroom with 2 bathrooms, spacious, modern living environment where time lingers and memories are made. The heart is a spacious living room with a functioning wood burning fireplace. On the other side of the living room is an eat-in, windowed kitchen featuring timeless kitchen design including quartz countertops, generous counter space and a top of the line appliance package including Bertazzoni and Blomberg. The oversized primary bedroom features ample storage space and an en-suite bathroom.

Northern Lights combine generous yet efficient floor plans with a luxurious and modern selection of materials for today's living. The result is a sanctuary that is both timeless and contemporary.

Enjoy both existing and soon to be completed amenities at Northern Lights
Gated entrance to a Landscaped Garden
Residence Lounge
Children's play area
Fitness center
Community Courtyard with Lounge
Building's Laundry Facility as well as in-unit Washer and Dryer
Onsite private additional Storage Available
Heat is included
Live-in Super

Northern Lights is located just blocks away from Downtown Flushing. Savor the amalgamation of all the incredible international markets, restaurants, and shops that make Flushing a truly unique, vibrant community. It is accessible by the 7 Train, both local and express buses and the LIRR.

The complete offering terms are in an offering plan available from Sponsor File No.CD060463

Last Agent to Sell the Property

Tom Le

Corcoran Group License #30LE0964704 Listed on: 04/21/2023

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,184

Year Built

  • Built in 1924

HOA Fees

  • $486 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 999 Sq Ft Home
  • 1 Fireplace
  • Laundry in unit
  • Property Views
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System

Listing and Financial Details

  • Legal Lot and Block 1269 / 05005

Community Details

Overview

  • 88 Units
  • High-Rise Condominium
  • Northern Lights Condos
  • Flushing Subdivision
  • 6-Story Property

Amenities

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,184

Year Built

Built in 1924

Lot Details

0

HOA Fees

$486 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flushing
  • Entry Level: 5
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 999.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: Other
  • View: Yes
  • Exterior Features: Building Courtyard, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, In Unit
  • Green Building Features: Elevator(s), Green Building
  • Cooling: Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 486.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: NORTHERN LIGHTS
  • Units: 88
  • Total Stories: 6
  • Year Built: 1924

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 05005
  • Tax Lot: 1269
  • Tax Annual: 5184.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
May 9, 2024
Sold by
Northern Lights Apartments Llc
Bought by
Tao Yiling
Seller's Agent
Tom Le
Corcoran Group
List Price
$849,000
Sold Price
$830,000
Premium/Discount to List
-$19,000
-2.24%
Views
145
Current Estimated Value
$780,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,592
Avg. Annual Appreciation
-4.34%
Original Mortgage
$550,000
Outstanding Balance
$542,199
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$238,209

Purchase Details

Closed on
May 3, 2021
Sold by
Enimon Realty Corp
Bought by
Northern Lights Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,988,703
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Yiling $830,000 --
Tao Yiling $830,000 --
Northern Lights Apartments Llc $22,020,000 --
Northern Lights Apartments Llc $22,020,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tao Yiling $550,000
Closed Tao Yiling $550,000
Previous Owner Northern Lights Apartments Llc $14,988,703
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2024 05/09/24 Sold $830,000 -2.2% $831 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
04/21/2023 04/21/23 For Sale $849,000 -- $850 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $5,464 $45,164 $3,256 $41,908
2024 $5,467 $43,704 $3,291 $40,413
2023 $5,287 $42,287 $3,314 $38,973
2022 $4,938 $46,187 $3,326 $42,861
2021 $4,436 $36,165 $3,326 $32,839
2020 $4,559 $41,828 $3,326 $38,502
2019 $4,252 $39,998 $3,326 $36,672
2018 $3,948 $31,038 $3,315 $27,723
2017 $3,645 $28,657 $3,315 $25,342
2016 $3,353 $28,657 $3,315 $25,342
2015 $1,726 $24,914 $3,315 $21,599
2014 $1,726 $21,636 $3,326 $18,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10957131

Real Estate Board of New York (REBNY)

APN: 05005-1269