NOT LISTED FOR SALE

Estimated Value: $799,207 - $906,000

-- Bed
3 Baths
1,728 Sq Ft
$493/Sq Ft Est. Value

Last Sold December 31, 2024

Last sale price $892,000 $516 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,856/month

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Detached Garage
  • Property is near public transit
  • Formal Dining Room
  • Hot Water Heating System

About This Home

As of December 2024

This is a newly renovated legal 2-family property in prime area of Elmont. The 1st Fl and the 2nd Fl each has ideal layout of 2 good size bedrooms, kitchen, dining room, living room, full bath. The full finished basement has an outside entrance, two large open spaces, full bath, laundry area, boiler room (2 separated gas heaters and hot water tanks). The house has a private driveway, detached garage, nice fenced backyard. This is good for investors or half owner occupied buyers. Priced to sell!, Additional information: Appearance:Very Good,Separate Hotwater Heater:2

Last Agent to Sell the Property

Shengfan Li

East Coast REALTORS Inc Brokerage Phone: 718-428-6888 License #10401217999 Listed on: 01/14/2025

East Coast REALTORS  Inc

Last Buyer's Agent

Janet Mahabir

J M New York Realty LLC License #49MA1059581

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,500

Year Built

  • Built in 1960 | Remodeled in 2022

Lot Details

  • 3,200 Sq Ft Lot
  • Lot Dimensions are 40x80

Home Design

  • Duplex
  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Formal Dining Room
  • Wood Flooring

Finished Basement

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

Parking

  • Detached Garage
  • Driveway

Location

  • Property is near public transit

Schools

  • Covert Avenue Elementary School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Drilled Well

Listing and Financial Details

  • Legal Lot and Block 25 / 560
  • Assessor Parcel Number 2089-32-560-00-0025-0

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,500

Year Built

Built in 1960 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Duplex
  • Levels: Two
  • Year Built: 1960
  • Year Built Effective: 2022
  • Attribution Contact: 718-428-6888
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Interior Amenities: Master Downstairs, Formal Dining
  • Flooring: Hardwood
  • Basement: Finished, Full, Walk-Out Access
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick, Vinyl Siding, Frame
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Detached, Driveway, Private

Utilities

  • Cooling: None
  • Heating: Natural Gas, Hot Water
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 40x80
  • Lot Size Sq Ft: 3200
  • Building Area Total: 1728
  • Lot Features: Near Public Transit, Near Shops
  • Parcel Number: 2089-32-560-00-0025-0
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 11500
  • Tax Block: 560
  • Tax Lot: 25

MLS Schools

  • Elementary School: Covert Avenue School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2025
Closed on
Dec 31, 2024
Sold by
Li Shengfan and Chen Zhi Xiang
Bought by
Dust To Shine Industries Llc
Seller's Agent
Shengfan Li
East Coast REALTORS Inc
Buyer's Agent
Janet Mahabir
J M New York Realty LLC
List Price
$889,000
Sold Price
$892,000
Premium/Discount to List
$3,000
0.34%
Current Estimated Value
$852,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,396
Avg. Annual Appreciation
-3.38%
Original Mortgage
$703,500
Outstanding Balance
$699,061
Interest Rate
6.6%
Mortgage Type
Commercial
Estimated Equity
$171,727

Purchase Details

Listed on
Jan 11, 2023
Closed on
Apr 4, 2024
Sold by
186 Meacham Avenue Llc
Bought by
Li Shengfan and Chen Zhi Xiang
Seller's Agent
Rafael Ching
Keller Williams Realty Greater
Buyer's Agent
Renatta Paz-Quiroz
Keller Williams Realty Greater
List Price
$638,000
Sold Price
$638,000
Views
282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.28%

Purchase Details

Closed on
Sep 17, 2015
Sold by
Marc Adam Realty Corp
Bought by
186 Meacham Avenue Llc

Purchase Details

Closed on
Dec 13, 1999
Sold by
Dealmeida Norka I and Dealmeida Antonio
Bought by
Marc Adam Realty Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dust To Shine Industries Llc $892,000 Security Ttl Guarantee Corp
Dust To Shine Industries Llc $892,000 Security Ttl Guarantee Corp
Li Shengfan $638,000 Judicial Title
Li Shengfan $638,000 Judicial Title
Li Shengfan $638,000 Judicial Title
186 Meacham Avenue Llc -- None Available
186 Meacham Avenue Llc -- None Available
186 Meacham Avenue Llc -- None Available
Marc Adam Realty Corp $245,000 Chicago Title Insurance Co
Marc Adam Realty Corp $245,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dust To Shine Industries Llc $703,500
Closed Dust To Shine Industries Llc $703,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 For Sale $889,000 -0.3% $514 / Sq Ft
12/31/2024 12/31/24 Sold $892,000 0.0% $516 / Sq Ft
12/31/2024 12/31/24 Sold $892,000 +0.3% $516 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
10/04/2024 10/04/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $889,000 +39.3% $514 / Sq Ft
04/04/2024 04/04/24 Sold $638,000 0.0% $369 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $638,000 -- $369 / 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 $3,767 $441 $174 $267
2024 $3,767 $465 $183 $282
2023 $10,675 $472 $186 $286
2022 $10,675 $472 $186 $286
2021 $13,537 $462 $182 $280
2020 $8,009 $518 $424 $94
2019 $8,608 $555 $426 $129
2018 $8,786 $592 $0 $0
2017 $6,054 $629 $417 $212
2016 $9,139 $684 $378 $306
2015 $3,117 $684 $378 $306
2014 $3,117 $684 $378 $306
2013 $3,508 $821 $454 $367
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: LP1434494

OneKey® MLS

APN: 2089-32-560-00-0025-0