$800,000
SOLD FEB 12, 2025
4 Beds
2 Baths
2,040 Sq Ft
2,186 Sq Ft Lot

Recently Sold

$392 Per Sq Ft

6% Below List Price

55 Days on Market

About This Home

As of February 2025

Detached 2 Family For Sale @ Prime Whitestone Location With Zoning R3-2/C1-2. Current Property Has Zoning That Can Be Built Into A Commercial Property With A Residential Overlay. Great Development Opportunity !! Priced To sell !, Additional information: Appearance:Fair,Separate Hotwater Heater:Yes

Last Agent to Sell the Property

David Tair

RE/MAX 1st Choice Brokerage Phone: 516-888-6000 License #10491207120 Listed on: 08/23/2024

RE/MAX 1st Choice

Last Buyer's Agent

David Tair

RE/MAX 1st Choice Brokerage Phone: 516-888-6000 License #10491207120 Listed on: 08/23/2024

RE/MAX 1st Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,980

Year Built

  • Built in 1920

Lot Details

  • 2,186 Sq Ft Lot
  • Lot Dimensions are 27.67x79

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Ps 193 Alfred J Kennedy Elementary School
  • JHS 194 William Carr Middle School
  • Bayside High School

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 55 / 4517
  • Assessor Parcel Number 04517-0055

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,980

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Two
  • Year Built: 1920
  • Attribution Contact: 516-888-6000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Basement: Partially Finished
  • Total Bedrooms: 4
  • Living Area: 2040
  • Basement YN: No

Exterior Features

  • Construction Materials: Shingle Siding, Frame
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: On Street

Utilities

  • Heating: See Remarks, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Jhs 194 William Carr

Lot Info

  • Lot Dimensions: 27.67x79
  • Lot Size Sq Ft: 2186
  • Lot Features: Near Shops
  • Parcel Number: 04517-0055
  • Property Attached: No
  • Zoning: C1-2 R3-2

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 6980
  • Tax Block: 4517
  • Tax Lot: 55

MLS Schools

  • Elementary School: Ps 193 Alfred J Kennedy
  • High School: Bayside High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Feb 12, 2025
Sold by
Alfredo Molinari As Trustee and Maimone Family Trust
Bought by
Chen Hang and Zhang Jun Chao
Seller's Agent
David Tair
RE/MAX 1st Choice
Buyer's Agent
David Tair
RE/MAX 1st Choice
List Price
$849,888
Sold Price
$800,000
Premium/Discount to List
-$49,888
-5.87%
Views
7
Current Estimated Value
$1,037,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,333
Avg. Annual Appreciation
42.11%
Original Mortgage
$480,000
Outstanding Balance
$478,425
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$471,908

Purchase Details

Closed on
Sep 28, 2015
Sold by
Maimone Salvatore
Bought by
Maimone Family Trust and Maimone Trustee Josephine

Purchase Details

Closed on
Feb 7, 2002
Sold by
Jennifer Diasparra Nancy and Jennifer Diapsparra
Bought by
Maimone Salvatore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Deed $800,000 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 Purchase Money Mortgage
Previous Owner $16,439 No Value Available
Previous Owner $525,000 No Value Available
Previous Owner $34,044 No Value Available
Previous Owner $28,000 No Value Available
Previous Owner $247,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Sold $800,000 -5.9% $392 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $849,888 -- $417 / 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 $6,649 $34,039 $6,508 $27,531
2024 $6,649 $33,106 $5,946 $27,160
2023 $6,304 $31,385 $4,948 $26,437
2022 $6,025 $58,740 $10,680 $48,060
2021 $5,971 $62,820 $10,680 $52,140
2020 $6,004 $62,820 $10,680 $52,140
2019 $5,771 $62,820 $10,680 $52,140
2018 $5,471 $26,154 $6,317 $19,837
2017 $5,039 $24,721 $5,670 $19,051
2016 $4,727 $24,721 $5,670 $19,051
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3574373

OneKey® MLS

APN: 04517-0055