NOT LISTED FOR SALE

Estimated Value: $801,892 - $982,000

5 Beds
3 Baths
2,200 Sq Ft
$403/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $999,000 $454 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $5,177/month

12 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Heating System Uses Steam
  • Property is near public transit
  • Park
  • Smart Thermostat

About This Home

As of November 2023

Welcome to this captivating 2-multi family property, a perfect blend of modern upgrades and ample space, offering versatility for comfortable living or rental income potential. Boasting five bedrooms, this spacious 2,200 square foot residence has been thoughtfully enhanced with upgraded electrical and plumbing systems, along with a new gas boiler, ensuring optimal functionality and efficiency. The home greets you with brand-new flooring that adds a touch of elegance, while the upgraded kitchens, equipped with new appliances, are a delight for any home cook. Nestled on a private driveway, this property sits on a substantial 4,000 square foot lot, creating a tranquil oasis within the heart of convenience. Its enviable location offers easy access to all essential amenities, making everyday living a breeze. The full finished basement adds a generous amount of extra space, providing countless possibilities for customization and personalization. With its two separate units, this home presents an opportunity for dual living arrangements or rental income, catering to your unique needs and desires. Whether you choose to reside comfortably or explore the potential for additional revenue, this property offers flexibility without compromising on quality. Schedule a viewing today and envision how this space can become your perfect haven or an excellent investment opportunity!

Last Agent to Sell the Property

Avinash Dilchand

Taft Corp Brokerage Phone: 718-418-3977 License #10301221048 Listed on: 08/02/2023

Last Buyer's Agent

Avinash Dilchand

Taft Corp Brokerage Phone: 718-418-3977 License #10301221048 Listed on: 08/02/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,128

Year Built

  • Built in 1920 | Remodeled in 2023

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Common Walls

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Smart Thermostat

Kitchen

  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 118 Lorraine Hansberry Elementary School
  • Ps/Is 116 William C Hughley Middle School
  • Queens Prep Academy High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 16 / 10373
  • Assessor Parcel Number 10373-0016

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,128

Year Built

Built in 1920 | Remodeled in 2023

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1920
  • New Construction: No
  • Year Built Effective: 2023
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Appliances: Microwave, Oven, Refrigerator
  • Interior Amenities: Smart Thermostat
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Inclusions: Microwave,Refrigerator
  • Total Bedrooms: 5
  • Living Area: 2200
  • SquareFootage: 2200.00
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Other, Vinyl Siding
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Steam
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps/Is 116 William C Hughley

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 10373-0016
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 6128
  • Tax Block: 10373
  • Tax Lot: 16
  • Tax Map Number: 10373-0016

MLS Schools

  • Elementary School: Ps 118 Lorraine Hansberry
  • High School: Queens Prep Academy
  • Middle School District: Queens 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Nov 2, 2023
Sold by
Ahmed Bulbul and Ahmed Tanshen
Bought by
Ahmed Bulbul and Fardosi Tamjida
Seller's Agent
Avinash Dilchand
Taft Corp
Buyer's Agent
Avinash Dilchand
Taft Corp
List Price
$999,000
Sold Price
$999,000
Views
24
Current Estimated Value
$886,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$112,027
Avg. Annual Appreciation
-5.80%
Original Mortgage
$841,500
Outstanding Balance
$826,792
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$60,181

Purchase Details

Closed on
Jan 26, 2023
Sold by
Gotham/Queens #1 Llc and Michelle Humphrey As Administrator
Bought by
Pereira Interiors Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2021
Sold by
Estate Of Margaret Humphrey and Humphrey-Owens
Bought by
Gotham/Queens #1 Llc
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
Ahmed Bulbul -- --
Ahmed Bulbul $990,000 --
Ahmed Bulbul -- --
Ahmed Bulbul $990,000 --
Pereira Interiors Corp $645,000 --
Pereira Interiors Corp $645,000 --
Gotham/Queens #1 Llc $93,000 --
Gotham/Queens #1 Llc $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Bulbul $841,500
Closed Ahmed Bulbul $841,500
Previous Owner Pereira Interiors Corp $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2023 11/03/23 Sold $999,000 0.0% $454 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $999,000 -- $454 / 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 $6,423 $33,898 $10,825 $23,073
2024 $6,423 $31,979 $11,252 $20,727
2023 $6,060 $30,172 $10,532 $19,640
2022 $5,682 $48,060 $15,960 $32,100
2021 $5,990 $39,840 $15,960 $23,880
2020 $5,979 $43,800 $15,960 $27,840
2019 $4,916 $48,240 $15,960 $32,280
2018 $4,466 $25,143 $10,667 $14,476
2017 $4,189 $23,720 $13,283 $10,437
2016 $4,121 $23,720 $13,283 $10,437
2015 $2,260 $23,540 $13,636 $9,904
2014 $2,260 $22,208 $14,198 $8,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3495410

OneKey® MLS

APN: 10373-0016