NOT LISTED FOR SALE

Estimated Value: $1,432,496 - $1,666,000

5 Beds
3 Baths
2,375 Sq Ft
$658/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $1,665,000 $701 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $9,463/month

56 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Formal Dining Room
  • P.S. 79 - Francis Lewis Rated A
  • Granite Countertops
  • 2 Car Detached Garage

About This Home

As of December 2022

This lovely home is a legal income-producing 2 Family house in the R3A zoning, It is a beautiful and large 2 units sitting on a 6000sf lot. A unit with 3bedrooms wood- flooring through, and the other unit with big 2 bedrooms that could be convertible to 3 bedrooms. Each kitchen has granite cooktops and is renovated. A full-finished basement has a separate entrance. Recently renovated new roof, new ductless a/c on the wall, new windows and security system. A huge backyard with 2 car garage. All are close. Bus stops, markets, shops, parks, Field for sports activity

Last Agent to Sell the Property

Kathy Chung

E Realty International Corp License #10401262165 Listed on: 06/06/2022

E Realty International Corp

Last Buyer's Agent

Kathy Chung

E Realty International Corp License #10401262165 Listed on: 06/06/2022

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,724

Year Built

  • Built in 1950

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 40x150
  • No Common Walls
  • South Facing Home

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,375 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • ENERGY STAR Qualified Refrigerator
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 79 Francis Lewis Elementary School
  • JHS 185 Edward Bleeker Middle School
  • Flushing High School

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • 3 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • Legal Lot and Block 16 / 4692
  • Assessor Parcel Number 04692-0016

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,724

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Property Condition: Great
  • Levels: Two
  • Building Size: 25x47.5
  • Year Built: 1950
  • New Construction: No
  • Attribution Contact: 718-229-2011
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Stove
  • Interior Amenities: Formal Dining Room, Granite Counters, Living Room / Dining Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Living Area: 2375.00
  • Kitchens: 2
  • Square Footage: 2375.00

Exterior Features

  • Direction Faces: South
  • Construction Materials: Brick, Block, Stucco
  • Flood Zone Date: 2022-06-07
  • Flood Zone Report: Yes

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached

Utilities

  • Cooling: Ductless, Wall Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water, Steam
  • Hot Water: Fuel Oil Stand Alone
  • Heating Zones: 3
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 79 Francis Lewis
  • Middle School: Jhs 185 Edward Bleeker
  • High School: Flushing High School
  • Middle School: Jhs 185 Edward Bleeker

Lot Info

  • Lot Size Acres: 0.1400
  • Lot Size Area: 0.1400
  • Lot Dimensions: 40x150
  • Lot Size Sq Ft: 6000.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04692-0016
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-12-01
  • Tax Annual Amount: 10724.00
  • Tax Block: 4692
  • Tax Lot: 16
  • Tax Map Number: 04692-0016

Multi Family

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

MLS Schools

  • Elementary School: Ps 79 Francis Lewis
  • High School: Flushing High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Nov 29, 2022
Sold by
Mustacchia Maria
Bought by
150-19 23Rd Avenue Llc
Seller's Agent
Kathy Chung
E Realty International Corp
Buyer's Agent
Kathy Chung
E Realty International Corp
List Price
$1,980,000
Sold Price
$1,665,000
Premium/Discount to List
-$315,000
-15.91%
Views
7
Current Estimated Value
$1,562,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$102,626
Avg. Annual Appreciation
-1.22%
Original Mortgage
$995,000
Outstanding Balance
$967,118
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$643,160

Purchase Details

Closed on
Mar 14, 2005
Sold by
Mustacchia Joseph and Mustacchia Maria
Bought by
Mustacchia Maria

Purchase Details

Closed on
Dec 16, 1996
Sold by
Chimienti Teresa and Chimienti Vincent
Bought by
Mustacchia Joseph and Mustacchia Maria
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
150-19 23Rd Avenue Llc $1,665,000 --
150-19 23Rd Avenue Llc $1,665,000 --
Mustacchia Maria -- --
Mustacchia Maria -- --
Mustacchia Joseph $285,000 First American Title Ins Co
Mustacchia Joseph $285,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 150-19 23Rd Avenue Llc $995,000
Closed 150-19 23Rd Avenue Llc $995,000
Previous Owner Mustacchia Joseph $20,000
Previous Owner Mustacchia Joseph $15,000
Previous Owner Mustacchia Joseph $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $1,665,000 -2.0% $701 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $1,699,000 -8.2% $715 / Sq Ft
06/15/2022 06/15/22 Price Changed $1,850,000 -6.6% $779 / Sq Ft
06/06/2022 06/06/22 For Sale $1,980,000 -- $834 / 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 $11,395 $60,136 $12,626 $47,510
2024 $11,395 $56,732 $13,924 $42,808
2023 $10,848 $54,012 $12,275 $41,737
2022 $3,321 $88,380 $21,000 $67,380
2021 $4,703 $79,560 $21,000 $58,560
2020 $4,645 $86,160 $21,000 $65,160
2019 $4,286 $94,920 $21,000 $73,920
2018 $3,929 $45,010 $14,141 $30,869
2017 $3,682 $42,466 $13,636 $28,830
2016 $3,624 $42,466 $13,636 $28,830
2015 $1,977 $41,761 $16,627 $25,134
2014 $1,977 $39,398 $17,298 $22,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3404957

OneKey® MLS

APN: 04692-0016