$1,275,000
SOLD OCT 30, 2024
8 Beds
3 Baths
7,958 Sq Ft
7,958 Sq Ft Lot

Recently Sold

$160 Per Sq Ft

42% Below List Price

293 Days on Market

Highlights

  • 0.18 Acre Lot
  • 4-minute walk to Parsons Boulevard
  • Cooling System Mounted In Outer Wall Opening
  • Contemporary Architecture
  • Property is near public transit
  • Hot Water Heating System

About This Home

As of October 2024

OWNER MOTIVATED TO SALE!! PRICE REDUCED... DOUBLE LOT HUGE PROPERTY. EXCELLENT LOCATION..LOCATION..LOCATION. OFF HILLSIDE AVENUE. 1st FLR: LR,DR, KITCHEN, BATH AND 3 BDRMS. 2nd FLR: LR, DR, KITCHEN, 2 FULL BATH AND 5 BDRMS WITH FINISHED WALK UP ATTIC. FINISHED BASEMENT. 4+ DRIVEWAY PARKING. HUGE LOT. INVESTMENT OPPORTUNITY. VACANT AT CLOSING.

Last Agent to Sell the Property

Surekha Dave

Sri Sri Realty Brokerage Phone: 917-579-8164 License #37DA0921616 Listed on: 01/10/2024

Last Buyer's Agent

Surekha Dave

Sri Sri Realty Brokerage Phone: 917-579-8164 License #37DA0921616 Listed on: 01/10/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,460

Year Built

  • Built in 1920

Lot Details

  • 7,958 Sq Ft Lot
  • Lot Dimensions are 102x77
  • No Common Walls

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 7,958 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Private Parking
  • Driveway

Location

  • Property is near public transit

Schools

  • JHS 217 Robert A Van Wyck Middle School
  • Hillcrest High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 0039 / 009772
  • Assessor Parcel Number 09772-0039

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,460

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 917-579-8164
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full
  • Inclusions: A/C Units,Dishwasher,Dryer,Refrigerator,Washer
  • Total Bedrooms: 8
  • Living Area: 7958
  • SquareFootage: 7958.00
  • SquareFootageSource: Appraisal
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame, Aluminum Siding, Vinyl Siding
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 217 Robert A Van Wyck

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Dimensions: 102X77
  • Lot Size Sq Ft: 7958
  • Lot Size Units: Acres
  • Parcel Number: 09772-0039
  • Zoning Description: R5
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2024-01-12

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 9460
  • Tax Block: 009772
  • Tax Lot: 0039
  • Tax Map Number: 09772-0039
  • IncludedInTaxes: Trash

MLS Schools

  • High School: Hillcrest High School
  • Middle School District: Queens 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Oct 30, 2024
Sold by
Rashid As To Life Estate Riaz and Riaz As To Life Estate Anjum
Bought by
87Th Road Llc
Seller's Agent
Surekha Dave
Sri Sri Realty
Buyer's Agent
Surekha Dave
Sri Sri Realty
List Price
$2,199,999
Sold Price
$1,275,000
Premium/Discount to List
-$924,999
-42.05%
Views
88
Current Estimated Value
$1,316,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,400
Avg. Annual Appreciation
3.97%
Original Mortgage
$892,500
Outstanding Balance
$885,386
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$431,014

Purchase Details

Closed on
Jan 8, 2021
Sold by
Rashid Riaz and Riaz Anjum
Bought by
Riaz Iram and Riaz Sophia
Source: Public Records

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Range of Values:

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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 $1,275,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $892,500 Purchase Money Mortgage
Previous Owner $200,000 No Value Available
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $1,275,000 0.0% $160 / Sq Ft
10/21/2024 10/21/24 Off Market $1,275,000 -- --
04/26/2024 04/26/24 Price Changed $1,799,999 -5.3% $226 / Sq Ft
02/22/2024 02/22/24 Price Changed $1,899,999 -13.6% $239 / Sq Ft
01/10/2024 01/10/24 For Sale $2,199,999 -- $276 / 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 $9,917 $52,334 $20,878 $31,456
2024 $9,917 $49,373 $21,240 $28,133
2023 $4,678 $46,579 $20,559 $26,020
2022 $9,299 $70,080 $31,620 $38,460
2021 $4,864 $72,240 $31,620 $40,620
2020 $4,616 $66,060 $31,620 $34,440
2019 $4,304 $56,580 $31,620 $24,960
2018 $3,956 $38,816 $22,186 $16,630
2017 $7,913 $38,816 $25,099 $13,717
2016 $7,701 $38,816 $25,099 $13,717
2015 $4,197 $36,343 $22,471 $13,872
2014 $4,197 $34,287 $18,768 $15,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3524887

OneKey® MLS

APN: 09772-0039