NOT LISTED FOR SALE

Estimated Value: $756,918

2 Beds
1.5 Baths
-- Sq Ft
800 Sq Ft Lot

Last Sold April 02, 2021

Last sale price $750,000

Est. 1% increase in value since last sale

Current estimated payment $4,704/month

153 Days on Market

Highlights

  • Property is near public transit
  • Park
  • South Facing Home
  • P.S. 21 Edward Hart Rated A-

About This Home

As of April 2021

Great investment property close to Northern Blvd and transportation. This is residential building with a storefront on 1st fl. Existing tenant on 1st fl, Church, pays $1,460 month to month. Gas heat. All brick, built full. Tenants pay own utilities and have own meters and thermostats. Landlord only pays, water, sewer and taxes. Great income producer. Second floor vacant. 1st fl tenant has basement for storage. Building in very good condition. 2nd fl has separate entrance, VACANT.

Last Agent to Sell the Property

Paula Annarumma

RE/MAX Team Brokerage Email: paula@pcarealtyinc.com License #10301210777 Listed on: 07/19/2020

RE/MAX Team

Co-Listed By

David Annarumma

RE/MAX Team Brokerage Email: paula@pcarealtyinc.com License #10401290702

Last Buyer's Agent

Paula Annarumma

RE/MAX Team Brokerage Email: paula@pcarealtyinc.com License #10301210777 Listed on: 07/19/2020

RE/MAX Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,877

Year Built

  • Built in 1931

Lot Details

  • 800 Sq Ft Lot
  • Lot Dimensions are 20x40
  • No Common Walls
  • South Facing Home

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Flushing High School

Additional Features

  • 2-Story Property
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities, cooking gas, electricity, heat
  • Legal Lot and Block 228 / 5236
  • Assessor Parcel Number 05236-0228

Community Details

Overview

  • 2 Units

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,877

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Property Condition: good
  • Levels: Two
  • Year Built: 1931
  • New Construction: No
  • Attribution Contact: paula@pcarealtyinc.com
  • Co List Office Mls Id: ONERLLE02
  • Co List Office Phone: 888-236-6319
  • BuildingSize: 20 x 40
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Bilco Door(s)
  • Total Bedrooms: 2
  • NumberOfKitchens: 1

Exterior Features

  • Direction Faces: South
  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No

Utilities

  • GarbageRemoval: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.02
  • Lot Size Area: 0.02
  • Lot Dimensions: 20x40
  • Lot Size Sq Ft: 800
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05236-0228
  • Zoning Description: R3-2
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2020-07-21

Rental Info

  • Lease Considered: No
  • Tenant Pays: All Utilities, Cooking Gas, Electricity, Heat
  • Available Date: 2021-02-15

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 10877
  • Tax Block: 5236
  • Tax Lot: 228
  • Tax Map Number: 05236-0228
  • IncludedInTaxes: Trash

MLS Schools

  • High School: Flushing High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2020
Closed on
Apr 1, 2021
Sold by
Estate Of Roy F Gherardi
Bought by
Auroramh Llc
Seller's Agent
Paula Annarumma
RE/MAX Team
Buyer's Agent
Paula Annarumma
RE/MAX Team
List Price
$810,000
Sold Price
$750,000
Premium/Discount to List
-$60,000
-7.41%
Current Estimated Value
$756,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,918
Avg. Annual Appreciation
0.21%
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
Auroramh Llc $750,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $750,000 -7.4% --
12/18/2020 12/18/20 Pending -- -- --
07/18/2020 07/18/20 For Sale $810,000 -- --
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 $7,340 $81,270 $17,960 $63,310
2024 $7,340 $69,300 $15,240 $54,060
2023 $6,132 $57,600 $12,520 $45,080
2022 $11,286 $107,550 $23,400 $84,150
2021 $9,288 $86,850 $23,400 $63,450
2020 $10,873 $115,200 $23,400 $91,800
2019 $10,011 $113,400 $23,400 $90,000
2018 $9,169 $87,210 $19,080 $68,130
2017 $8,427 $80,155 $17,640 $62,515
2016 $7,705 $80,155 $17,640 $62,515
2015 $4,831 $70,435 $15,840 $54,595
2014 $4,831 $69,176 $15,435 $53,741
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3234395

OneKey® MLS

APN: 05236-0228