NOT LISTED FOR SALE

Estimated Value: $1,504,000 - $1,770,000

7 Beds
4.5 Baths
3,726 Sq Ft
$436/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $1,490,000 $400 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,949/month

165 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near public transit
  • Main Floor Bedroom
  • Bell Academy Rated A
  • Wood Flooring
  • Den

About This Home

As of July 2024

This impeccably maintained 7 bedrooms, 4.5 bathrooms 2 family gem offers two oversized apartments - 3 bedrooms, 2 bathroom duplex over a 4 bedroom 2.5 bathroom triplex. Enter at street level into a welcoming foyer with 2 coat closets, access to the attached garage and a comfortably sized bedroom. Further inside and a few steps down you will enter an oversized family/entertainment room with a laundry room and a half bath. The main floor of the first apartment features a spacious living room and dining room with south facing sliding glass doors leading out to the newly fenced backyard. The classic windowed eat-in-kitchen comes fully equipped with a dishwasher, stove, refrigerator, and plenty of cabinets. This kitchen offers a bright western exposure and a fresh, contemporary feel. A few steps up to the next level brings you to a full bathroom, 2 nicely sized bedrooms and the generously sized primary bedroom with a north facing bay window. The primary bedroom contains a walk-in-closet and an ensuite bathroom. The second apartment is a duplex and features the same expansive layout on the first level with a living room, dining room and fully equipped windowed eat-in-kitchen. The second level is also similar in size to the first apartment and offers the same full bathroom, 2 bedrooms and a primary bedroom with a walk-in-closet and an ensuite bathroom. The second apartment has its own washer and dryer. Central air conditioner and heat, 3 car driveway, 2 separate gas meters, 2 separate thermostats and an outside shed for additional storage completes this package. Excellent public transportation options make commuting a breeze with the MTA express bus conveniently located a few blocks away, it is a short commute to the city's center. If you prefer the train, a quick bus ride to Main Street, Downtown Flushing to the 7 train. Or, even a shorter distance to the Bell Blvd. LIRR station. A few blocks away is Little Bay/Ft. Totten Park, which contains bike and scenic trails, kayaking, field hockey rink, and fishing. Conveniently located near Bay Terrace Shopping Center, Baybridge Commons Shopping Center and the vibrant restaurant scene and shops on Bell Blvd. This property offers future owners the opportunity to pick which floor to live on while collecting rent and an option to combine apartments to create more space for themselves in the future. Investors should also take note of this spacious property in a fantastic location with a strong rental history. The first floor is vacant. The top floor has a tenant but the property can be delivered fully vacant upon request.

Last Agent to Sell the Property

Jean OGallagher

Douglas Elliman Real Estate Brokerage Phone: 718-631-8900 License #10401272949 Listed on: 11/01/2023

Douglas Elliman Real Estate

Co-Listed By

Theresa Dinardo

Douglas Elliman Real Estate Brokerage Phone: 718-631-8900 License #10401272332

Last Buyer's Agent

Peng Gao

E Realty International Corp License #10401345870

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,454

Year Built

  • Built in 1968

Lot Details

  • 3,200 Sq Ft Lot
  • Lot Dimensions are 32x100
  • 1 Common Wall
  • North Facing Home
  • Private Entrance
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 3,726 Sq Ft Home
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Schools

  • Ps 169 Bay Terrace Elementary School
  • Bell Academy Middle School
  • Bayside High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 67 / 5945
  • Assessor Parcel Number 05945-0067

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,454

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Year Built: 1968
  • New Construction: No
  • Attribution Contact: 718-631-8900
  • Co List Office Mls Id: ONEDERE17
  • Co List Office Phone: 718-631-8900
  • BuildingSize: 23' x 54'
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: First Floor Bedroom, Den/Family Room, Eat-in Kitchen, Formal Dining, Entrance Foyer, Living Room/Dining Room Combo, Master Bath, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Inclusions: Dishwasher,Dryer,Garage Remote,Refrigerator,Second Dryer,Second Stove,Second Washer
  • Total Bedrooms: 7
  • Living Area: 3726
  • SquareFootage: 3726.00
  • SquareFootageSource: Floor Plan
  • NumberOfKitchens: 2

Exterior Features

  • Direction Faces: North
  • Construction Materials: Brick, Aluminum Siding
  • Fencing: Back Yard
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Patio
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached, Driveway, Garage

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: On Demand
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Bell Academy

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 32x100
  • Lot Size Sq Ft: 3200
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05945-0067
  • Zoning Description: R5
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-11-12

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 16453.96
  • Tax Block: 5945
  • Tax Lot: 67
  • Tax Map Number: 05945-0067
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps 169 Bay Terrace
  • High School: Bayside High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jul 19, 2024
Sold by
Steven Nussbaum As Trustee and The Carole K Nussbaum Revocable Trust
Bought by
Miao Suxin
Seller's Agent
Jean OGallagher
Douglas Elliman Real Estate
Buyer's Agent
Peng Gao
E Realty International Corp
List Price
$1,599,999
Sold Price
$1,490,000
Premium/Discount to List
-$109,999
-6.87%
Views
180
Current Estimated Value
$1,623,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,751
Avg. Annual Appreciation
7.18%
Original Mortgage
$450,000
Outstanding Balance
$444,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,179,251

Purchase Details

Closed on
May 18, 2021
Sold by
Nussbaum Carole
Bought by
Carole K Nussbaum Revocable Trust and Carole K Nussbaum Trustee
Source: Public Records

Range of Values:

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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
Miao Suxin $1,490,000 --
Carole K Nussbaum Revocable Trust -- --
Carole K Nussbaum Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miao Suxin $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2024 07/19/24 Sold $1,490,000 -6.9% $400 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
11/10/2023 11/10/23 For Sale $1,599,999 -- $429 / 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 $16,393 $86,513 $16,547 $69,966
2024 $16,393 $81,616 $16,551 $65,065
2023 $16,272 $81,018 $15,150 $65,868
2022 $16,241 $87,540 $16,560 $70,980
2021 $11,973 $87,300 $16,560 $70,740
2020 $15,260 $84,120 $16,560 $67,560
2019 $14,228 $90,720 $16,560 $74,160
2018 $13,763 $67,515 $13,503 $54,012
2017 $13,285 $66,640 $16,466 $50,174
2016 $12,258 $66,640 $16,466 $50,174
2015 $7,363 $60,078 $17,599 $42,479
2014 $7,363 $56,678 $17,452 $39,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3514158

OneKey® MLS

APN: 05945-0067