NOT LISTED FOR SALE

Estimated Value: $1,075,000 - $1,370,000

9 Beds
6 Baths
4,400 Sq Ft
$287/Sq Ft Est. Value

Sale Details

Date Sold: June 28, 2016

Last sale price $470,000 $107 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $7,109 / mo

25 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to 174-175 Streets
  • Baseboard Heating
  • Wood Flooring
  • Main Floor Primary Bedroom
  • 3-minute walk to Peace Park

About This Home

As of June 2016

Excellent income property for buy and hold investor. Each of 3 units features living room, kitchen, master bedroom with full master bath, 2 additional bedrooms and a full hall bath. Property is in mint condition, like new. Hardwood floors, fenced backyard, finished basement, driveway. Each unit has it's own utilities. 2nd and 3rd floor units are currently rented to section 8 tenants, tenants have leases. Short sale-bank approval required.

Last Agent to Sell the Property

todd gessow

Todd David Realty LLC Brokerage Phone: 914-835-3900 License #10491205922 Listed on: 08/01/2015

Last Buyer's Agent

Anna Shefrin

Voro LLC License #10301212267

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,017

Year Built

  • Built in 2007

Lot Details

  • 2,374 Sq Ft Lot
  • Two or More Common Walls
  • Fenced

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 4,400 Sq Ft Home
  • Wood Flooring
  • Finished Basement

Bedrooms and Bathrooms

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

Parking

  • 2 Parking Spaces
  • Driveway

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 02797-0033

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,017

Year Built

Built in 2007

Lot Details

2,374 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 2007
  • Attribution Contact: 914-835-3900
  • Village: None
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, Master Bath
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 6
  • Basement: Finished
  • Total Bedrooms: 9
  • Living Area: 4400
  • SquareFootage: 4400.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Brick, Frame
  • Fencing: Fenced

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 3

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.0545
  • Lot Size Sq Ft: 2374
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02797-0033
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf3Bedrooms: 3

Tax Info

  • Tax Annual Amount: 2017
  • Tax Map Number: 02797-0033

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

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
Aug 1, 2015
Closed on
Jun 20, 2016
Sold by
Sarmiento Paul A
Bought by
Seller's Agent
todd gessow
Todd David Realty LLC
Buyer's Agent
Anna Shefrin
Voro LLC
List Price
$500,000
Sold Price
$470,000
Premium/Discount to List
-$30,000
-6%
Current Estimated Value
$1,262,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$792,667
Avg. Annual Appreciation
10.18%
Original Mortgage
$352,500
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2007
Sold by
Cj Partners Llc
Bought by
Sarmiento Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,300
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2006
Sold by
Global Asset Management Inc
Bought by
Cj Partners Llc

Purchase Details

Closed on
Feb 27, 1997
Sold by
Tawab Properties Corp
Bought by
Sanchez Manuel
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$470,000 --
Sarmiento Paul A $685,000 --
Cj Partners Llc $212,000 --
Sanchez Manuel $15,000 Commonwealth Land Title Ins
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 $512,400
Closed Hong Miaoling $352,500
Previous Owner Sarmiento Paul A $645,300
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
06/28/2016 06/28/16 Sold $470,000 -6.0% $107 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
08/01/2015 08/01/15 For Sale $500,000 -- $114 / 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 $2,115 $63,840 $9,054 $54,786
2025 $2,115 $58,740 $9,766 $48,974
2024 $2,115 $42,148 $9,327 $32,821
2023 $2,139 $63,420 $12,840 $50,580
2022 $2,102 $69,420 $12,840 $56,580
2021 $7,894 $56,340 $12,840 $43,500
2020 $7,880 $54,360 $12,840 $41,520
2019 $7,347 $47,760 $12,840 $34,920
2018 $6,755 $33,135 $9,621 $23,514
2017 $2,147 $31,260 $12,840 $18,420
2016 $2,105 $36,420 $12,840 $23,580
2015 $1,438 $35,220 $10,680 $24,540
2014 $1,438 $35,220 $10,680 $24,540
Source: Public Records

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Map

Source: OneKey® MLS

MLS Number: KEY4535784

OneKey® MLS

APN: 02797-0033

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