$1,880,000
SOLD JAN 13, 2025
9 Beds
4 Baths
840 Sq Ft
4,000 Sq Ft Lot

Recently Sold

$2,238 Per Sq Ft

5% Below List Price

116 Days on Market

Highlights

  • Property is near public transit
  • Park
  • 3-minute walk to Triborough Bridge Playground B
  • I.S. 126Q Albert Shanker School Community School Rated A-
  • Hot Water Heating System

About This Home

As of January 2025

Welcome to a rare and exciting opportunity to own not one, but two expansive lots totaling 50' x 160' in the vibrant neighborhood of Astoria, just a stone's throw away from the iconic Astoria Park. The possibilities are endless with these two parcels, presenting a unique canvas for your dream home or investment vision. Nestled on the first lot (18-32), this fully detached three-family residence is a testament to both comfort and investment potential. The first floor welcomes you with 2 bedrooms, 1 full bathroom, a spacious living room, and a dedicated dining area with access to the rear porch. Ascend to the second floor, offering 3 bedrooms, a dining room, a well-appointed kitchen, and a full bathroom. The lower level completes this trio with a recently renovated unit featuring 2 bedrooms, a living room, and kitchen. The solar panels on this home have already been paid off, contributing to eco-conscious living, and the roof was replaced in 2021, ensuring peace of mind for years to come. The generously sized rear yard is an ideal retreat for relaxation or entertainment. The adjacent lot (18-30) hosts a setback single-family home, providing a tranquil haven in the heart of the city. With parking for up to 7 cars, this residence offers both convenience and rarity in Astoria. The two-bedroom, one-bathroom duplex layout can easily be adapted to a flexible three-bedroom arrangement. A full unfinished basement provides ample space for storage or customization, allowing you to shape this space to fit your unique needs. This dual-property offering is not just a home; it's a lifestyle investment. Capitalize on the proximity to Astoria Park, the charm of a setback single-family home, and the income potential from the three-family residence. Seize this rare opportunity - schedule a viewing and unlock the potential of these two oversized lots in Astoria! *taxes reflect both lots

Last Agent to Sell the Property

Anthony Lo Verme

Blue Brick Real Estate Brokerage Phone: 718-614-8349 License #10491211001 Listed on: 11/25/2023

Co-Listed By

Danielle De Stefano

Blue Brick Real Estate Brokerage Phone: 718-614-8349 License #10401308657

Last Buyer's Agent

Non Non OneKey Agent

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,512

Year Built

  • Built in 1931

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 25x160

Home Design

  • Quadruplex
  • Frame Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Schools

  • Ps 17 Henry David Thoreau Elementary School
  • Albert Shanker Sch-Visual/Perf Arts Middle School
  • William Cullen Bryant High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 45 / 887
  • Assessor Parcel Number 00887-0045

Community Details

Overview

  • 4 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,512

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Quadruplex
  • Year Built: 1931
  • Attribution Contact: 718-614-8349
  • Co List Office Mls Id: KEYBLUB01
  • Co List Office Phone: 718-614-8349
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Basement: Full
  • Total Bedrooms: 9
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Description: Driveway, Private

Utilities

  • Cooling: None
  • Heating: Hot Water, Oil
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Albert Shanker Sch-Visual/Perf Arts

Lot Info

  • Lot Dimensions: 25x160
  • Lot Size Sq Ft: 4000
  • Lot Features: Near Public Transit, Near Shops
  • Parcel Number: 00887-0045
  • Property Attached: No
  • Zoning: R4

Green Features

  • Green Energy Generation: Solar Owned

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 4
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 13512
  • Tax Block: 887
  • Tax Lot: 45

MLS Schools

  • Elementary School: Ps 17 Henry David Thoreau
  • High School: William Cullen Bryant High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2023
Closed on
Jan 13, 2025
Sold by
Menelaos Belitsis As Trustee and The Barbabra Belitsis Irrevocable Trust
Bought by
Mirsaidi Ali and Stavrev Anton
Seller's Agent
Anthony Lo Verme
Blue Brick Real Estate
Buyer's Agent
Non Non OneKey Agent
Non-Member MLS
List Price
$1,975,000
Sold Price
$1,880,000
Premium/Discount to List
-$95,000
-4.81%
Total Days on Market
116
Views
9
Current Estimated Value
$934,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$945,123
Avg. Annual Appreciation
-84.09%
Original Mortgage
$710,800
Outstanding Balance
$708,943
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$225,934

Purchase Details

Closed on
Nov 9, 2022
Sold by
Barbara Belitsis Irrevocable Trust and Belitsis
Bought by
Barbara Belitsis Irrevocable Trust and Belitsis

Purchase Details

Closed on
Jul 17, 2017
Sold by
Belitsis Barbara
Bought by
Barbara Belitsis Irrevocable Trust and Menelaos Belitsis Trustee

Purchase Details

Closed on
Aug 4, 2016
Sold by
Belitsis Barbara and Belitsis Evangelos
Bought by
Belitsis Barbara
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 Type Sale Price Title Company
Deed $888,500 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $710,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 Sold $1,880,000 -4.8% $2,238 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
11/25/2023 11/25/23 For Sale $1,975,000 -- $2,351 / 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
2024 $4,058 $20,206 $5,872 $14,334
2023 $3,929 $19,348 $6,182 $13,166
2022 $3,862 $48,720 $14,820 $33,900
2021 $3,973 $52,140 $14,820 $37,320
2020 $3,773 $50,700 $14,820 $35,880
2019 $3,522 $55,620 $14,820 $40,800
2018 $3,287 $16,123 $4,886 $11,237
2017 $3,287 $16,123 $5,900 $10,223
2016 $3,145 $16,123 $5,900 $10,223
2015 $1,396 $14,853 $7,964 $6,889
2014 $1,396 $14,032 $9,025 $5,007
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3518065

OneKey® MLS

APN: 00887-0045