NOT LISTED FOR SALE

Estimated Value: $842,870 - $977,000

4 Beds
2 Baths
2,596 Sq Ft
$345/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $845,000 $326 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,476/month

41 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Attached Garage
  • Park
  • Wood Flooring
  • Window Unit Cooling System
  • Hot Water Heating System

About This Home

As of December 2023

Welcome to a unique opportunity in the vibrant Parkchester community! Nestled in the heart of this sought-after neighborhood, this multi-family home is now available for the very first time. This property holds special significance as a cherished family heirloom, meticulously maintained, and it now awaits its new owners to continue its legacy. The multi-family layout of this home presents a fantastic investment opportunity. Live in one of the apartments and generate rental income from the other, making this property a wise financial move. The layout allows for comfortable living while providing the flexibility to maximize your investment potential. Priced to sell, this multi-family home is not only a practical investment but also a chance to become a part of a close-knit neighborhood that values tradition and modern convenience alike. Schedule a viewing today and discover this well-maintained multi-family home. Own Parkchester's history while securing your future. Fully VACANT.

Last Agent to Sell the Property

Adrian Romero

Century 21 Galvez Brokerage Phone: (917) 724-4789 License #10401307015 Listed on: 08/29/2023

Century 21 Galvez

Last Buyer's Agent

Non Non OneKey Agent

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,800

Year Built

  • Built in 1940

Lot Details

  • 2,901 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,596 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 03766-0004

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

$6,800

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1940
  • Attribution Contact: (917) 724-4789
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 4
  • Living Area: 2596
  • SquareFootage: 2596.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: See Remarks

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 2901
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03766-0004
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 6800
  • Tax Map Number: 03766-0004

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Dec 29, 2023
Sold by
Judith Alfonso Irrevocable Trust
Bought by
Choudhury Ibrahim and Choudhury Marwa
Seller's Agent
Adrian Romero
Century 21 Galvez
Buyer's Agent
Non Non OneKey Agent
Non-Member MLS
List Price
$837,000
Sold Price
$845,000
Premium/Discount to List
$8,000
0.96%
Views
36
Current Estimated Value
$895,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,468
Avg. Annual Appreciation
1.23%
Original Mortgage
$545,000
Outstanding Balance
$537,470
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$324,645

Purchase Details

Closed on
Jan 11, 2023
Sold by
Alfonso Judith
Bought by
Alfonso Antonio and Judith Alfonso Irrevocable Trust
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
Choudhury Ibrahim $845,000 --
Alfonso Antonio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choudhury Ibrahim $545,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $845,000 0.0% $326 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
10/02/2023 10/02/23 Off Market $845,000 -- --
08/29/2023 08/29/23 For Sale $837,000 -- $322 / 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 $7,167 $37,670 $5,460 $32,210
2024 $7,167 $35,683 $5,808 $29,875
2023 $6,963 $35,683 $5,961 $29,722
2022 $2,949 $41,940 $8,340 $33,600
2021 $3,198 $42,420 $8,340 $34,080
2020 $6,349 $38,400 $8,340 $30,060
2019 $5,928 $38,400 $8,340 $30,060
2018 $5,764 $29,736 $7,556 $22,180
2017 $5,498 $28,440 $8,340 $20,100
2016 $5,233 $27,729 $8,030 $19,699
2015 $3,159 $26,160 $9,300 $16,860
2014 $3,159 $24,780 $9,300 $15,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6266421

OneKey® MLS

APN: 03766-0004