NOT LISTED FOR SALE

Estimated Value: $1,006,025 - $1,124,000

6 Beds
3 Baths
-- Sq Ft
4,200 Sq Ft Lot

Last Sold September 29, 2022

Last sale price $980,000

Est. 11% increase in value since last sale

Current estimated payment $6,513/month

135 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Granite Countertops
  • Raised Ranch Architecture
  • Main Floor Primary Bedroom
  • 1 Car Detached Garage

About This Home

As of September 2022

Newly constructed brick two family nestled on a beautiful tree lined street of Jamaica. Sitting on a 42x100 Lot featuring a wide private driveway and garage. 172-25-127 Avenue provides the perfect opportunity for buyers looking for space, plus income generating rental property to assist with mortgage payments.Configured as a 3 bedroom rental unit over a 3 bedroom owners unit plus a high ceiling finished basement. Beautiful chefs granite kitchens equipped with full sized stainless steel appliances. Spacious bedrooms with ample closet space, fully tiled bathrooms with state of the art wall & floor tiles. Prime Location! Stones throw to transportation, schools, shopping centers, highways, restaurants, JFK Airport,Belt Parkway and many other neighborhood amenities.

Last Agent to Sell the Property

Gabriel Kashi

Keystone Realty USA Corp License #10401217533 Listed on: 04/12/2022

Last Buyer's Agent

Ebrahim Setareh

Keystone Realty USA Corp License #10401349144

Keystone Realty USA Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,795

Year Built

  • Built in 1920 | Remodeled in 2022

Lot Details

  • 4,200 Sq Ft Lot
  • Lot Dimensions are 42x100
  • No Common Walls

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Schools

  • Hillcrest High Middle School
  • Hs-Law Enforcmnt & Pub Safety High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Granite Countertops
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 62 / 12518
  • Assessor Parcel Number 12518-0062

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

$4,795

Year Built

Built in 1920 | Remodeled in 2022

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Hi Ranch
  • Property SubType: Multi Family
  • Property Condition: Mint
  • Year Built: 1920
  • New Construction: No
  • Year Built Effective: 2022
  • Attribution Contact: 631-261-2800
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Granite Counters
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2022-04-13
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached, Driveway, Garage, Off Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Hillcrest High School
  • High School: Hs-Law Enforcmnt & Pub Safety
  • Middle School: Hillcrest High School

Lot Info

  • Lot Size Acres: 0.1000
  • Lot Size Area: 0.1000
  • Lot Dimensions: 42x100
  • Lot Size Sq Ft: 4200.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 12518-0062
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-09-29
  • Tax Annual Amount: 4795.00
  • Tax Block: 12518
  • Tax Lot: 62
  • Tax Map Number: 12518-0062

Multi Family

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

MLS Schools

  • High School: Hs-Law Enforcmnt & Pub Safety
  • Middle School District: Queens 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
Sep 28, 2022
Sold by
172-25 127Th Ave 2020 Llc
Bought by
Martinez Yanilda
Seller's Agent
Gabriel Kashi
Keystone Realty USA Corp
Buyer's Agent
Ebrahim Setareh
Keystone Realty USA Corp
List Price
$1,175,000
Sold Price
$980,000
Premium/Discount to List
-$195,000
-16.6%
Current Estimated Value
$1,086,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,756
Avg. Annual Appreciation
3.62%
Original Mortgage
$947,292
Outstanding Balance
$910,286
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$176,470

Purchase Details

Closed on
Feb 10, 2021
Sold by
Pollack Esq. As Referee Howard K
Bought by
172-25 127Th Ave 2020 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1994
Sold by
Craig Lancelot B and Rose Cynthia
Bought by
Graham Patrick E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,250
Interest Rate
9.18%
Mortgage Type
FHA
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
Martinez Yanilda $980,000 --
172-25 127Th Ave 2020 Llc $360,000 --
Graham Patrick E $103,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Yanilda $947,292
Previous Owner 172-25 127Th Ave 2020 Llc $375,000
Previous Owner Graham Patrick E $200,000
Previous Owner Graham Patrick E $103,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $980,000 -1.9% --
08/25/2022 08/25/22 Pending -- -- --
08/17/2022 08/17/22 Price Changed $999,000 -2.9% --
06/23/2022 06/23/22 Price Changed $1,029,000 -4.6% --
05/31/2022 05/31/22 Price Changed $1,079,000 -6.1% --
04/27/2022 04/27/22 Price Changed $1,149,000 -2.2% --
04/12/2022 04/12/22 For Sale $1,175,000 -- --
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 $7,107 $35,944 $8,174 $27,770
2024 $7,107 $35,386 $7,558 $27,828
2023 $7,087 $35,286 $7,934 $27,352
2022 $4,821 $32,760 $10,440 $22,320
2021 $4,795 $30,960 $10,440 $20,520
2020 $4,550 $29,640 $10,440 $19,200
2019 $4,400 $28,140 $10,440 $17,700
2018 $4,270 $20,948 $10,210 $10,738
2017 $4,102 $20,124 $8,798 $11,326
2016 $3,796 $20,124 $8,798 $11,326
2015 $2,070 $17,914 $9,446 $8,468
2014 $2,070 $17,527 $9,217 $8,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3390780

OneKey® MLS

APN: 12518-0062