NOT LISTED FOR SALE

Estimated Value: $1,769,000 - $2,028,000

7 Beds
5 Baths
3,600 Sq Ft
$534/Sq Ft Est. Value

Last Sold December 12, 2024

Last sale price $1,870,000 $519 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,796/month

71 Days on Market

Highlights

  • Property is near public transit, schools, and shops
  • Wood Flooring
  • Marble Countertops
  • P.S. 107 Thomas A Dooley Rated A-
  • Main Floor Primary Bedroom
  • Corner Lot

About This Home

As of December 2024

Location! Location! Location! This all brick corner multifamily property is in excellent condition. Owned by the same family for 3 generations. 3 spacious apartments plus full finished basement. 2nd and 3rd floor apartments are 1250 sq ft. each. Total of 17 rooms, Over 3600 square feet. 1st floor walk - in over 600 sq ft, Low taxes. Gorgeous hardwood floors, > 6 1/2 year-old Weil - McClain boiler 4 zone baseboard heating system with an AOSmith hot water heater. Beautiful outdoor balconies.. Garage, 3 parking spots. Fully landscaped exterior. Located in the heart of Flushing. School district 26 > Close to all shops, transportation, 4 city bus lines, Long Island railroad , to highways and New York Hospital of Queens Great Investment Opportunity, Additional information: Appearance:Excellent,Interior Features:Lr/Dr,Separate Hotwater Heater:Y

Last Agent to Sell the Property

Helen Arapis

Keller Williams Rlty Landmark Brokerage Phone: 718-475-2700 License #10401313886 Listed on: 08/06/2024

Keller Williams Rlty Landmark

Last Buyer's Agent

Helen Arapis

Keller Williams Rlty Landmark Brokerage Phone: 718-475-2700 License #10401313886 Listed on: 08/06/2024

Keller Williams Rlty Landmark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,511

Year Built

  • Built in 1965

Lot Details

  • 3,366 Sq Ft Lot
  • Lot Dimensions are 51x66
  • 1 Common Wall
  • Corner Lot

Home Design

  • Duplex
  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • 3,600 Sq Ft Home
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Marble Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms

Parking

  • Attached Garage
  • Driveway

Location

  • Property is near public transit, schools, and shops

Schools

  • Irwin Altman Middle School 172
  • Francis Lewis High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 78 / 5418
  • Assessor Parcel Number 05418-0078

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,511

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Multi/Split
  • Year Built: 1965
  • Attribution Contact: 718-475-2700
  • CurrentPrice: 1870000.00
  • MlsMajorChangeType: Sold
  • CurrentPrice_By_LivingArea: 519.44444
  • ListPrice_By_LivingArea: 552.22222
  • ListPrice_By_OriginalListPrice: 0.83250
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, Marble Counters
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 5
  • Basement: Finished, Full
  • Total Bedrooms: 7
  • Living Area: 3600
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Attached, Driveway, Private

Utilities

  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Irwin Altman Middle School 172

Lot Info

  • Lot Dimensions: 51x66
  • Lot Size Sq Ft: 3366
  • Lot Features: Near Public Transit, Near School, Near Shops, Corner Lot
  • Parcel Number: 05418-0078
  • Property Attached: No
  • Zoning: R4

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 10511
  • Tax Block: 5418
  • Tax Lot: 78

MLS Schools

  • High School: Francis Lewis High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Dec 12, 2024
Sold by
Bellos Deceased Mary and Bellos Bellos
Bought by
Zhang Fan and Zhu Zhen Li
Seller's Agent
Helen Arapis
Keller Williams Rlty Landmark
Buyer's Agent
Helen Arapis
Keller Williams Rlty Landmark
List Price
$2,388,000
Sold Price
$1,870,000
Premium/Discount to List
-$518,000
-21.69%
Views
1
Current Estimated Value
$1,922,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,490
Avg. Annual Appreciation
2.50%
Original Mortgage
$820,000
Outstanding Balance
$812,058
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,110,432

Purchase Details

Closed on
Apr 1, 2013
Sold by
Bellos Ernest and Bellos George
Bought by
Bellos Ernest and Bellos George
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhang Fan $1,870,000 --
Zhang Fan $1,870,000 --
Bellos Ernest -- --
Bellos Ernest -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Fan $820,000
Closed Zhang Fan $820,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2024 12/12/24 Sold $1,870,000 -21.7% $519 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
08/06/2024 08/06/24 For Sale $2,388,000 -- $663 / Sq Ft
Source: OneKey® MLS

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 $9,632 $54,859 $13,839 $41,020
2024 $9,736 $51,756 $15,648 $36,108
2023 $9,632 $51,756 $13,276 $38,480
2022 $9,535 $72,180 $20,100 $52,080
2021 $9,539 $77,220 $20,100 $57,120
2020 $9,018 $81,660 $20,100 $61,560
2019 $8,363 $83,280 $20,100 $63,180
2018 $8,133 $43,130 $10,937 $32,193
2017 $8,035 $42,552 $14,803 $27,749
2016 $7,763 $42,552 $14,803 $27,749
2015 $4,842 $38,097 $17,518 $20,579
2014 $4,842 $35,942 $19,837 $16,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3570548

OneKey® MLS

APN: 05418-0078