NOT LISTED FOR SALE

Estimated Value: $1,693,644 - $2,255,000

8 Beds
5 Baths
3,277 Sq Ft
$575/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $1,595,000 $487 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,993/month

37 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Attached Garage
  • Baseboard Heating
  • P.S. 173 - Fresh Meadow Rated A
  • Window Unit Cooling System
  • 5-minute walk to Electric Playground

About This Home

As of October 2022

A High-Cap Rate investment property!! The solid brick legal 3 family in Fresh Meadow. Closing to the Park, school and the transportation. The property is fully occupied with existing quality tenants. Each floor has 3bd, 1.5 bath eik, formal dining, living room,. Full finished open basemen with laundry room, 3 heating systems 3 hot water tank. 1 car attached garage, additional 2 parking spots in driveway. Won't Last!

Last Agent to Sell the Property

Jiansong Pan

ALLWIN Rlty International LLC License #10491212913 Listed on: 07/18/2022

Co-Listed By

laura tang

E Realty International Corp License #10401361047

Last Buyer's Agent

Jessica Yang

Apple Realty Group Corp License #10401357409

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,729

Year Built

  • Built in 1970

Lot Details

  • 2,900 Sq Ft Lot
  • Lot Dimensions are 29x100
  • 1 Common Wall
  • South Facing Home
  • Private Entrance

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,277 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 8 Bedrooms

Location

  • Property is near public transit

Schools

  • Ps 173 Fresh Meadows Elementary School
  • JHS 216 George J Ryan Middle School
  • Francis Lewis High School

Utilities

  • Window Unit Cooling System
  • 3 Heating Zones
  • Heat or Energy Recovery Ventilation System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 61 / 6893
  • Assessor Parcel Number 06893-0061

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,729

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Property Condition: Well condi
  • Levels: Three Or More
  • Building Size: 21x55
  • Year Built: 1970
  • New Construction: No
  • Attribution Contact: 718-886-8110
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Unfinished, Walk-Out Access
  • Total Bedrooms: 8
  • Living Area: 3277.00
  • Kitchens: 3
  • Square Footage: 3277.00

Exterior Features

  • Direction Faces: South
  • Construction Materials: Brick
  • Flood Zone Date: 2022-07-20
  • Flood Zone Report: Yes
  • Exterior Features: Private Entrance

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached, Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Heat Recovery System
  • Hot Water: Gas Stand Alone
  • Heating Zones: 3
  • Separate Hotwater Heater Detail: 3
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 216 George J Ryan

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Dimensions: 29x100
  • Lot Size Sq Ft: 2900.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 06893-0061
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-10-27
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 11729.00
  • Tax Block: 6893
  • Tax Lot: 61
  • Tax Map Number: 06893-0061

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

MLS Schools

  • Elementary School: Ps 173 Fresh Meadows
  • High School: Francis Lewis High School
  • Middle School District: Queens 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Oct 27, 2022
Sold by
Chen Cai Qin and Li Xiaoyong
Bought by
Shao Chenxi
Seller's Agent
Jiansong Pan
ALLWIN Rlty International LLC
Buyer's Agent
Jessica Yang
Apple Realty Group Corp
List Price
$1,750,000
Sold Price
$1,595,000
Premium/Discount to List
-$155,000
-8.86%
Views
9
Current Estimated Value
$1,885,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,411
Avg. Annual Appreciation
5.53%
Original Mortgage
$660,000
Outstanding Balance
$638,580
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,246,831

Purchase Details

Closed on
Jun 6, 2017
Sold by
Buchsbayew Amy P and Goldberg Andrew C
Bought by
Chen Cai Qin and Li Xiaoyong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2012
Sold by
David And Carla Moskowitz Irrevocable Tr
Bought by
Buchsbayew Amy P and Goldberg Andrew C

Purchase Details

Closed on
Mar 12, 2007
Sold by
Moskowitz Carla and Moskowitz David
Bought by
David And Carla Moskowitz Irrevocable Tr and Ruth Goldberg, Trustee
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
Shao Chenxi $1,595,000 --
Chen Cai Qin $1,300,000 --
Buchsbayew Amy P -- --
David And Carla Moskowitz Irrevocable Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shao Chenxi $660,000
Previous Owner Chen Cai Qin $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2022 10/27/22 Sold $1,595,000 -8.9% $487 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $1,750,000 -- $534 / 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 $13,259 $69,972 $18,461 $51,511
2024 $13,259 $66,012 $17,339 $48,673
2023 $12,508 $62,276 $15,266 $47,010
2022 $11,729 $91,980 $24,900 $67,080
2021 $12,364 $91,320 $24,900 $66,420
2020 $12,342 $86,940 $24,900 $62,040
2019 $11,508 $79,740 $24,900 $54,840
2018 $9,980 $51,897 $18,615 $33,282
2017 $9,628 $48,960 $15,714 $33,246
2016 $8,816 $48,960 $15,714 $33,246
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3416917

OneKey® MLS

APN: 06893-0061