NOT LISTED FOR SALE

Estimated Value: $1,172,000 - $1,227,000

6 Beds
3.5 Baths
3,404 Sq Ft
$353/Sq Ft Est. Value

Last Sold September 09, 2024

Last sale price $1,180,000 $347 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,132/month

11 Days on Market

Highlights

  • Eat-In Kitchen
  • Hot Water Heating System
  • Level Lot

About This Home

As of September 2024

This beautiful 3-family, brick detached 2-story walk-up in the heart of Morris Park. 1st-fl. unit has 3 bedrooms, 1.5 baths, living room, eat-in kitchen with entrance to spacious backyard. Mint condition Maytag electric washer & dryer stackable units in 1st-fl. closet. Unfinished basement with lots of storage space & 2nd Washer. 2nd fl: 1-br with W & D hook-up. 2-br apt w/ back room suitable for office/fitness room/sun-room & W & D hook-up. Wired & battery backup smoke alarm & monoxide detectors thru-out house & basement. Like-new iron-galvanized steps going down to the basement. Outdoor electrical outlets for backyard & front of the house. Heavy-duty aluminum hung windows thru-out house. Great investment opportunity! Live in one unit; collect rent for other 2 units. (1 BR $2,696; 2 BR $3,027; 3 BR/2 BA plus backyard $3,777) *Estimated 3 UNITS monthly INCOME $9,500.00/Annual: $114,000 Close to schools, restaurants, retail stores, short walk to #5 train Morris Park Station & Manhattan Express Bus; close to major highways. (Being sold "AS-IS" condition.)*DO NOT DISTURB OCCUPANT!

Last Agent to Sell the Property

Marianne Soler

Howard Hanna Rand Realty Brokerage Phone: 347 2024965 License #10401265233 Listed on: 07/12/2024

Howard Hanna Rand Realty

Last Buyer's Agent

Saulo Espaillat

Compass Greater NY, LLC License #10401284064

Compass Greater NY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,784

Year Built

  • Built in 1930 | Remodeled in 2018

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,404 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

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

Community Details

  • 3 Units
  • 3 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 04270-0042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,784

Year Built

Built in 1930 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1930
  • Year Built Effective: 2018
  • Attribution Contact: 347 2024965
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Full, Unfinished
  • Total Bedrooms: 6
  • Living Area: 3404
  • SquareFootage: 3404.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None, On Street

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 04270-0042
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 8784
  • Tax Map Number: 04270-0042

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
Jul 12, 2024
Closed on
Sep 9, 2024
Sold by
Licursi Andre
Bought by
Shi Suyu
Seller's Agent
Marianne Soler
Howard Hanna Rand Realty
Buyer's Agent
Saulo Espaillat
Compass Greater NY, LLC
List Price
$1,125,000
Sold Price
$1,180,000
Premium/Discount to List
$55,000
4.89%
Views
9
Current Estimated Value
$1,200,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,462
Avg. Annual Appreciation
1.65%
Original Mortgage
$826,000
Outstanding Balance
$817,163
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$383,299

Purchase Details

Closed on
Aug 12, 2020
Sold by
Licursi Andre and Licursi Nicola
Bought by
Licursi Andre

Purchase Details

Closed on
Sep 15, 2014
Sold by
Gaeta Licursi Lucia and Licursi Andre
Bought by
Licursi Andre and Licursi Nicola

Purchase Details

Closed on
Jun 20, 2012
Sold by
Licursi Annina and Licursi Nicola
Bought by
Licursi Andre and Licursi George
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
Shi Suyu $1,180,000 --
Licursi Andre -- --
Licursi Andre -- --
Licursi Andre -- --
Licursi Andre -- --
Licursi Andre -- --
Licursi Andre -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Suyu $826,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2024 09/09/24 Sold $1,180,000 0.0% $347 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
07/15/2024 07/15/24 Off Market $1,180,000 -- --
07/12/2024 07/12/24 For Sale $1,125,000 -- $330 / 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 $8,915 $46,570 $8,706 $37,864
2024 $8,915 $45,785 $8,145 $37,640
2023 $8,500 $43,254 $7,467 $35,787
2022 $7,859 $55,980 $10,140 $45,840
2021 $7,864 $49,440 $10,140 $39,300
2020 $7,919 $49,860 $10,140 $39,720
2019 $7,689 $40,200 $10,140 $30,060
2018 $6,932 $36,045 $8,437 $27,608
2017 $6,632 $34,006 $9,225 $24,781
2016 $6,155 $32,340 $10,140 $22,200
2015 $3,650 $33,360 $11,280 $22,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6317171

OneKey® MLS

APN: 04270-0042