NOT LISTED FOR SALE

Estimated Value: $1,436,000 - $1,647,000

6 Beds
6 Baths
-- Sq Ft
1,895 Sq Ft Lot

Last Sold September 18, 2024

Last sale price $1,455,000

Est. 5% increase in value since last sale

Current estimated payment $9,073/month

59 Days on Market

Highlights

  • Property is near public transit
  • Park
  • 3-minute walk to Electric Playground
  • 1 Car Attached Garage
  • Heating System Uses Steam

About This Home

As of September 2024

Rare to the market is this excellent 2-family, 3 unit property, conveniently located minutes from the Long Island Expressway, and public transportation. Nearby you have Kissena Park, and the Fresh Meadows Shopping Center. This property features 3 floors, 2 apartments, a full finished basement, and an attached garage. The first floor features 2 rooms and both the 2nd floor and 3rd floor apartments feature 3 bedrooms and 1.5 baths.

Last Agent to Sell the Property

Edward Fernandez

Exit Realty Team Brokerage Phone: 718-358-4000 License #10301222584 Listed on: 04/19/2024

Exit Realty Team

Last Buyer's Agent

Min Zheng

Yaos Realty LLC License #10401256122

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,570

Year Built

  • Built in 1970

Lot Details

  • 1,895 Sq Ft Lot
  • Lot Dimensions are 20x94.75
  • 1 Common Wall

Parking

  • 1 Car Attached Garage

Home Design

  • Apartment
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Location

  • Property is near public transit

Schools

  • Is 237 Middle School
  • Townsend Harris High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Private Water Source

Listing and Financial Details

  • Legal Lot and Block 55 / 6762
  • Assessor Parcel Number 06762-0055

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,570

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Apartment
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1970
  • New Construction: No
  • Attribution Contact: 718-358-4000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Steam
  • Sewer: Sewer
  • Water Source: Private
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 237

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 20x94.75
  • Lot Size Sq Ft: 1895
  • Lot Size Units: Acres
  • Parcel Number: 06762-0055
  • Zoning Description: R4
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 11570
  • Tax Block: 6762
  • Tax Lot: 55
  • Tax Map Number: 06762-0055

MLS Schools

  • High School: Townsend Harris High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Sep 18, 2024
Sold by
Anthony Ferrar As Trustee and Ferrara Family Trust
Bought by
Li Guo Fu and Lin Qin
Seller's Agent
Edward Fernandez
Exit Realty Team
Buyer's Agent
Min Zheng
Yaos Realty LLC
List Price
$1,595,000
Sold Price
$1,455,000
Premium/Discount to List
-$140,000
-8.78%
Views
39
Current Estimated Value
$1,532,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,031
Avg. Annual Appreciation
4.04%
Original Mortgage
$575,000
Outstanding Balance
$569,663
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$944,188
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
Li Guo Fu $1,455,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Guo Fu $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2024 09/18/24 Sold $1,455,000 -5.8% --
06/18/2024 06/18/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $1,545,000 -3.1% --
04/19/2024 04/19/24 For Sale $1,595,000 -- --
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 $11,795 $62,245 $13,730 $48,515
2024 $11,795 $58,723 $12,170 $46,553
2023 $11,442 $56,970 $13,036 $43,934
2022 $10,729 $91,800 $20,580 $71,220
2021 $11,311 $85,500 $20,580 $64,920
2020 $10,980 $80,880 $20,580 $60,300
2019 $10,237 $72,840 $20,580 $52,260
2018 $9,678 $47,475 $14,885 $32,590
2017 $9,130 $44,788 $15,076 $29,712
2016 $8,954 $44,788 $15,076 $29,712
2015 $5,096 $43,226 $19,240 $23,986
2014 $5,096 $40,780 $21,791 $18,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3543186

OneKey® MLS

APN: 06762-0055