NOT LISTED FOR SALE

Estimated Value: $1,252,640 - $1,578,000

5 Beds
3.5 Baths
-- Sq Ft
3,500 Sq Ft Lot

Last Sold February 28, 2022

Last sale price $1,515,000

Est. 2% decrease in value since last sale

Current estimated payment $9,598/month

104 Days on Market

Highlights

  • Rooftop Deck
  • Property is near public transit
  • Wood Flooring
  • Bell Academy Rated A
  • Private Lot
  • 1-minute walk to Bay Terrace Playground

About This Home

As of February 2022

Totally gut renovated, all new!!! Bright and spacious Two Family house in the desirable Bay Terrace section of Bayside. Featuring two units. The large Triplex Unit features 4 bedrooms, 2 new full bathrooms, and a powder room. The new custom made kitchen with quartz countertops and stainless steel appliances opens to the dining room and balcony. The large family room offers a working fireplace, and exits to the second oversized balcony. Top-of-the-line finishes throughout. New windows, new doors, new central air conditioning system. New washer and dryer in the laundry room. Large semi-finished basement that exits to the attached garage and private parking space. New plumbing and electric with full LED lighting. The second unit with a separate entrance features a large bedroom and living room, kitchen, and one bathroom. New fencing surrounding the property. Near school, shopping, parks, restaurants and express bus to Manhattan. Perfect for Professional Use!!!

Last Agent to Sell the Property

Orly Hollander

LAFFEY REAL ESTATE Brokerage Phone: 516-482-1111 License #40HO0591123 Listed on: 08/11/2021

LAFFEY REAL ESTATE

Last Buyer's Agent

Orly Hollander

LAFFEY REAL ESTATE Brokerage Phone: 516-482-1111 License #40HO0591123 Listed on: 08/11/2021

LAFFEY REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,831

Year Built

  • Built in 1970 | Remodeled in 2021

Lot Details

  • 3,500 Sq Ft Lot
  • Lot Dimensions are 35x100
  • 1 Common Wall
  • South Facing Home
  • Private Entrance
  • Back Yard Fenced
  • Private Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • New Windows
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • ENERGY STAR Qualified Doors
  • Insulated Doors
  • Entrance Foyer
  • L-Shaped Dining Room
  • Home Office
  • Storage
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Freezer
  • ENERGY STAR Qualified Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite

Laundry

  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Porch

Schools

  • Ps 169 Bay Terrace Elementary School
  • Bell Academy Middle School
  • Bayside High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • ENERGY STAR Qualified Water Heater

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Legal Lot and Block 12 / 5950

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,831

Year Built

Built in 1970 | Remodeled in 2021

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: Like New
  • Year Built: 1970
  • New Construction: No
  • Year Built Effective: 2021
  • Attribution Contact: 516-482-1111
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Stove, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater
  • Interior Amenities: First Floor Bedroom, Den/Family Room, Eat-in Kitchen, Entrance Foyer, Granite Counters, Guest Quarters, Home Office, L Dining, Legal Accessory Apartment, Living Room/Dining Room Combo, Master Bath, Pantry, Powder Room, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Door Features: ENERGY STAR Qualified Doors, Insulated Doors, Storm Door(s)
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Full, Partial, Partially Finished, Walk-Out Access
  • Inclusions: A/C Units,Awning,Ceiling Fan,Chandelier(s),Dishwasher,Disposal,Door Hardware,Dryer,Energy Star Appliance(s),Fireplace Equip,Freezer,Garage Door Opener,Garage Remote,Light Fixtures,Mailbox,Microwave,Refrigerator,Screens,Second Freezer,Second Stove,Storm Windows,Video Cameras,Washer
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Window Features: New Windows, Double Pane Windows, ENERGY STAR Qualified Windows
  • NumberOfKitchens: 2

Exterior Features

  • Direction Faces: South
  • Construction Materials: Other, Vinyl Siding
  • Fencing: Back Yard
  • Exterior Features: Balcony, Private Entrance, Roof Deck
  • Patio and Porch Features: Porch
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2
  • SeparateHotwaterHeaterDetail: 2

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Bell Academy

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 35x100
  • Lot Size Sq Ft: 3500
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Private
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: Yes
  • Tenant Pays: Cooking Gas, Electricity, Heat

Multi Family

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

Tax Info

  • Tax Annual Amount: 13831
  • Tax Block: 5950
  • Tax Lot: 12
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps 169 Bay Terrace
  • High School: Bayside High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Feb 23, 2022
Sold by
Kattan Bianca and Kattan Jack
Bought by
Chen-Li Zhao and Li Shou Hong
Seller's Agent
Orly Hollander
LAFFEY REAL ESTATE
Buyer's Agent
Orly Hollander
LAFFEY REAL ESTATE
List Price
$1,648,000
Sold Price
$1,515,000
Premium/Discount to List
-$133,000
-8.07%
Total Days on Market
104
Current Estimated Value
$1,486,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,590
Avg. Annual Appreciation
-1.26%
Original Mortgage
$970,000
Outstanding Balance
$918,800
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$534,817

Purchase Details

Closed on
Feb 26, 2020
Sold by
Daisy Kattan Credit Shelter Trust and Jack Kattan As Surviving Trustee
Bought by
Kattan Bianca and Kattan Jack

Purchase Details

Closed on
May 2, 2011
Sold by
Daisy Kattan Asset Management Trust and Sami Kattan As Trustee
Bought by
Daisy Kattan Credit Shelter Trust and Jack Kattan As Co-Trustee

Purchase Details

Closed on
Jul 9, 2009
Sold by
Kattan Daisy and Kattan Sami J
Bought by
Daisy Kattan Asset Management Trust
Source: Public Records

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Range of Values:

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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
Chen-Li Zhao $1,515,000 --
Kattan Bianca -- --
Daisy Kattan Credit Shelter Trust -- --
Daisy Kattan Asset Management Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen-Li Zhao $970,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $1,515,000 -3.8% --
11/23/2021 11/23/21 Pending -- -- --
09/28/2021 09/28/21 Price Changed $1,575,000 -4.4% --
08/11/2021 08/11/21 For Sale $1,648,000 -- --
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
2024 $15,044 $74,904 $14,865 $60,039
2023 $14,194 $70,668 $11,909 $58,759
2022 $13,350 $85,680 $15,420 $70,260
2021 $13,946 $83,460 $15,420 $68,040
2020 $13,709 $74,520 $15,420 $59,100
2019 $12,765 $82,080 $15,420 $66,660
2018 $11,707 $58,890 $11,015 $47,875
2017 $11,060 $55,728 $14,293 $41,435
2016 $10,730 $55,728 $14,293 $41,435
2015 $6,121 $55,137 $11,400 $43,737
2014 $6,121 $52,017 $11,693 $40,324
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3337490

OneKey® MLS

APN: 05950-0012