NOT LISTED FOR SALE

Estimated Value: $1,160,000 - $1,385,000

10 Beds
3 Baths
2,680 Sq Ft
$463/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2024

Last sale price $1,160,000 $433 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,472 / mo

74 Days on Market

About This Home

As of October 2024

Prime Investment Opportunity: Fully Occupied 3-Story 2-Family House with Attached Garage and Private Driveway. This meticulously maintained property presents an exceptional investment opportunity in a sought-after location. Situated conveniently close to St. John's University and in walking distance to the F train, this property is fully occupied by students who pay for their own electricity and gas. Combined monthly income is $6,600/mo, and the property features 10 bedrooms+3 bathrooms. Additional Information: R4A zone, lot size 20 x 102, building dimensions 20 x 48, taxes $9,089. Don't miss out on this exceptional opportunity to acquire a fully occupied income-generating property in a prime location. Schedule your viewing today!

Last Agent to Sell the Property

Marc Richter

Commerce Realty Group Brokerage Phone: 718-751-5799 License #10491212190 Listed on: 05/10/2024

Last Buyer's Agent

Marc Richter

Commerce Realty Group Brokerage Phone: 718-751-5799 License #10491212190 Listed on: 05/10/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,089

Year Built

  • Built in 1960

Lot Details

  • 2,040 Sq Ft Lot
  • Lot Dimensions are 20x102

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,680 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Private Parking
  • Driveway

Location

  • Property is near public transit and schools

Schools

  • Ps 86 Elementary School
  • JHS 217 Robert A Van Wyck Middle School
  • High School For Community Leadership

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 28 / 9847
  • Assessor Parcel Number 09847-0028

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,089

Year Built

Built in 1960

Lot Details

2,040 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Duplex
  • Levels: Three Or More
  • Year Built: 1960
  • Attribution Contact: 718-751-5799
  • CurrentPrice: 1160000.00
  • MlsMajorChangeType: Sold
  • CurrentPrice_By_LivingArea: 432.83582
  • ListPrice_By_LivingArea: 466.41791
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 10
  • Fireplace: No
  • Living Area: 2680
  • Basement YN: No
  • ResoLivingAreaSource: Plans

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 3
  • Parking Description: Driveway, Private

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Natural Gas, Other
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Jhs 217 Robert A Van Wyck

Lot Info

  • Lot Dimensions: 20x102
  • Lot Size Sq Ft: 2040
  • Lot Features: Near Public Transit, Near School
  • Parcel Number: 09847-0028
  • Property Attached: Yes

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas

Multi Family

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

Tax Info

  • Tax Annual Amount: 9089
  • Tax Block: 9847
  • Tax Lot: 28

MLS Schools

  • Elementary School: Ps 86
  • High School: High School For Community Leadership

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Oct 31, 2024
Sold by
Bought by
Seller's Agent
Marc Richter
Commerce Realty Group
Buyer's Agent
Marc Richter
Commerce Realty Group
List Price
$1,250,000
Sold Price
$1,160,000
Premium/Discount to List
-$90,000
-7.2%
Current Estimated Value
$1,241,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,845
Avg. Annual Appreciation
4.14%
Original Mortgage
$870,000
Outstanding Balance
$855,005
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$386,840

Purchase Details

Closed on
Oct 14, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.18%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,160,000 --
$1,160,000 --
$675,000 --
$675,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $870,000
Closed $870,000
Previous Owner $405,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $1,160,000 -7.2% $433 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $1,250,000 -- $466 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,635 $50,850 $11,308 $39,542
2025 $9,090 $47,972 $12,836 $35,136
2024 $9,090 $45,257 $12,268 $32,989
2023 $8,575 $42,696 $11,415 $31,281
2022 $8,523 $67,920 $18,720 $49,200
2021 $8,918 $56,280 $18,720 $37,560
2020 $8,462 $57,180 $18,720 $38,460
2019 $7,889 $50,460 $18,720 $31,740
2018 $7,253 $35,580 $18,720 $16,860
2017 $7,270 $35,665 $16,583 $19,082
2016 $7,130 $35,665 $16,583 $19,082
2015 $4,058 $35,254 $20,594 $14,660
2014 $4,058 $33,260 $18,827 $14,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3549938

OneKey® MLS

APN: 09847-0028

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