NOT LISTED FOR SALE

Estimated Value: $551,945 - $750,000

2 Beds
1 Bath
898 Sq Ft
$416/mo HOA Fee

Last Sold March 12, 2024

Last sale price $757,000 $843 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $4,253/month

50 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Walk-In Closet
  • P.S. 21 Edward Hart Rated A-
  • Eat-In Kitchen
  • Home Security System

About This Home

As of March 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.

Last Agent to Sell the Property

Shi Yang

Corcoran Brokerage Phone: 646-301-3977 License #10401370800 Listed on: 09/19/2023

Corcoran

Last Buyer's Agent

Shi Yang

Corcoran Brokerage Phone: 646-301-3977 License #10401370800 Listed on: 09/19/2023

Corcoran

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,644

Year Built

  • Built in 1924

Lot Details

  • No Common Walls
  • East Facing Home

HOA Fees

  • $416 Monthly HOA Fees

Parking

  • Off-Site Parking

Home Design

  • Entry on the 5th floor
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Entrance Foyer
  • Wood Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Schools

  • Ps 21 Edward Hart Elementary School
  • JHS 185 Edward Bleeker Middle School
  • Flushing High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 1272 / 5005
  • Assessor Parcel Number 05005-1272

Community Details

Overview

  • Association fees include ground maintenance, sewer, snow removal, trash, heat, hot water
  • Mid-Rise Condominium
  • Pre War

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,644

Year Built

Built in 1924

Lot Details

0

HOA Fees

$416 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Mid-Rise
  • Property SubType: Condominium
  • Levels: One
  • Year Built: 1924
  • New Construction: No
  • Attribution Contact: 646-301-3977
  • Ownership: Condo
  • Subdivision Name: Northern Lights
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Elevator, Entrance Foyer, Pantry, Walk-In Closet(s), Wash/Dry Connection
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Basement: None
  • Inclusions: Dishwasher,Dryer,Freezer,Intercom,Mailbox,Microwave,Refrigerator,Washer
  • Entry Level: 5
  • Total Bedrooms: 2
  • AtticDescription: None

Exterior Features

  • Direction Faces: East
  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Off Site

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Laundry Features: Common Area
  • Security: Security System
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: On Demand

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Other, Sewer, Snow Removal, Trash, Heat, Hot Water
  • Association Fee: 416
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • DevelopmentName: Northern Lights

Association/Amenities

  • Community Features: Trash Collection

Schools

  • Middle School: Jhs 185 Edward Bleeker

Lot Info

  • Lot Features: Near Public Transit
  • Parcel Number: 05005-1272
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 4644
  • Tax Block: 5005
  • Tax Lot: 1272
  • Tax Map Number: 05005-1272

MLS Schools

  • Elementary School: Ps 21 Edward Hart
  • High School: Flushing High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Mar 12, 2024
Sold by
Northern Lights Apartments Llc
Bought by
Wang Zhu
Seller's Agent
Shi Yang
Corcoran
Buyer's Agent
Shi Yang
Corcoran
List Price
$750,000
Sold Price
$757,000
Premium/Discount to List
$7,000
0.93%
Views
68
Current Estimated Value
$646,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$110,014
Avg. Annual Appreciation
-9.58%

Purchase Details

Closed on
May 3, 2021
Sold by
148-09 Northern Blvd Owners Llc
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
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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
Wang Zhu $757,000 --
Wang Zhu $757,000 --
Northern Lights Apartments Llc $480,000 --
Northern Lights Apartments Llc $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Northern Lights Apartments Llc $14,988,703
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2024 03/12/24 Sold $757,000 0.0% $843 / Sq Ft
11/22/2023 11/22/23 Off Market $757,000 -- --
09/19/2023 09/19/23 For Sale $750,000 -- $835 / 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 $4,886 $40,387 $2,911 $37,476
2024 $4,889 $39,082 $2,942 $36,140
2023 $4,728 $37,814 $2,963 $34,851
2022 $4,427 $41,302 $2,974 $38,328
2021 $3,967 $32,340 $2,974 $29,366
2020 $4,077 $37,405 $2,974 $34,431
2019 $3,803 $35,768 $2,974 $32,794
2018 $3,530 $27,756 $2,964 $24,792
2017 $3,259 $25,624 $2,964 $22,660
2016 $2,998 $25,624 $2,964 $22,660
2015 $1,543 $22,279 $2,964 $19,315
2014 $1,543 $19,348 $2,974 $16,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3505238

OneKey® MLS

APN: 05005-1272