NOT LISTED FOR SALE

Estimated Value: $787,000 - $1,030,000

-- Bed
-- Bath
9,076 Sq Ft
$98/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $2,300,000 $253 Per Sq Ft

Current estimated payment $5,377/month

4 Days on Market

Highlights

  • 0.32 Acre Lot
  • 1 Car Attached Garage
  • Storage
  • P.S. 4 - Maurice Wollin Rated A-
  • Cooling Available
  • Forced Air Heating System

About This Home

As of August 2021

First time offered!! 8 2 bedroom duplex apartments. located in 4 homes being sold as a package. Middle units have built in garages laundry-room and finished basement. End units have finished basement plus bonus storage rooms that could be rented out in addition to rental. Gross income is 184,000 total expenses are 39,390.

Last Agent to Sell the Property

Jessica Matute

JM Properties License #10311207871 Listed on: 08/02/2021

Last Buyer's Agent

Broker Non-MLS

MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,390

Year Built

  • Built in 2008

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 13.75x55

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 9,076 Sq Ft Home
  • 3-Story Property
  • Storage

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Individual Gas Meter
  • Private Sewer
  • Cable TV Available

Community Details

  • 8 Units
  • Gross Income $184,000

Listing and Financial Details

  • Legal Lot and Block 0099 / 06199
  • Assessor Parcel Number 06199-0099

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,390

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 8F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Lot Size: 13.75x55
  • Modification Timestamp: 2024-09-26
  • Directions: Between Cody Place and Arden AVe
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 2008
  • General Property Info:Public Remarks3: First time offered!! 8 2 bedroom duplex apartments. located in 4 homes being sold as a package. Middle units have built in garages laundry-room and finished basement. End units have finished basement plus bonus storage rooms that could be rented out in addition to rental. Gross income is 184,000 total expenses are 39,390.
  • ContractLocation Information:List PriceSqFt2: 274.9
  • General Property Info:Tax Abated: No
  • General Property Info:Irregular: No
  • General Property Info:Condition: Excellent
  • Income Expenses Gross Income: 184000.0
  • Annual Expenses: 39390.0
  • Income Expenses Net Income: 136830.0
  • General Property Info:Year Built Info: Approx
  • Extras:Storage: Yes
  • Sewer Private: Yes
  • General Property Info Bldg Dimensions: 13.75x55
  • Special Features: None
  • Stories: 3
  • Year Built: 2008

Interior Features

  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: Full
  • General Property Info Basement Desc: Finished

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Siding:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned
  • Parking:Assigned: Yes
  • Garage Location:Attached: Yes

Utilities

  • Green Building Features: Cable, Storage
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: Private Sewer
  • General Property Info:No of Heating Units: 8.0
  • General Property Info:Air Conditioner: Central
  • Heat Source:Gas2: Yes
  • Heat System:Forced Air: Yes
  • Siding:Vinyl Siding: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • Extras:Cable3: Yes
  • General Property Info Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 14025.0
  • Lot Size Units: Square Feet
  • Parcel #: 06199-0099
  • Zoning: R3 - 2
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 14025.0
  • General Property Info:Lot Dim: 75x187

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 184000.0
  • Property Net Operating Income: 136830.0
  • Annual Operating Expense: 39390.0

Tax Info

  • Tax Annual Amount: 26390.0
  • Tax Block: 06199
  • Tax Lot: 0099
  • General Property Info:Taxes2: 26390.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Aug 6, 2021
Sold by
Kenil Worth Holdings Llc
Bought by
1927 Arthur Kill Rd Llc
Seller's Agent
Jessica Matute
JM Properties
Buyer's Agent
Broker Non-MLS
MLS
List Price
$2,685,000
Sold Price
$2,300,000
Premium/Discount to List
-$385,000
-14.34%
Current Estimated Value
$887,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,412,718
Avg. Annual Appreciation
-22.12%
Original Mortgage
$1,550,000
Outstanding Balance
$1,416,519
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
-$580,728
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
1927 Arthur Kill Rd Llc $2,300,000 Ram Abstract Ltd
Fazio Michael -- Ram Abstract Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1927 Arthur Kill Rd Llc $1,550,000
Previous Owner Kenilworth Holdings Llc $310,510
Previous Owner Kenilworth Holdings Llc $364,500
Previous Owner Kenilworth Holdings Llc $435,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $2,300,000 -14.3% $253 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $2,685,000 -- $296 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $6,617 $50,340 $6,660 $43,680
2024 $6,617 $43,560 $7,261 $36,299
2023 $6,312 $31,080 $7,104 $23,976
2022 $5,995 $36,300 $9,600 $26,700
2021 $6,169 $37,620 $9,600 $28,020
2020 $6,178 $36,660 $9,600 $27,060
2019 $5,756 $36,060 $9,600 $26,460
2018 $5,280 $25,900 $6,630 $19,270
2017 $5,102 $25,027 $7,570 $17,457
2016 $4,883 $24,427 $8,552 $15,875
2015 $4,391 $24,251 $6,374 $17,877
2014 $4,391 $22,879 $6,516 $16,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1139462

Staten Island Multiple Listing Service

APN: 06169-0095