NOT LISTED FOR SALE

194 Beach 74th St Arverne, NY 11692

Arverne Neighborhood

Estimated Value: $1,067,000 - $1,161,487

5 Beds
3.5 Baths
3,681 Sq Ft
$305/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $980,000 $266 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,775/month

19 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Balcony
  • Wood Flooring
  • Formal Dining Room
  • Walk-In Closet

About This Home

As of March 2022

Welcome home to this beautifully sun drenched 2 family home at Arverne By The Sea. This Spacious Admiralty model features a duplex owners unit with an updated kitchen with SS appliances, Viking hood, brand new Quartz countertops & backsplash and ceramic tile floors, landscaped back yard oasis with pavers, lush grass, and sprinklers. The 2nd floor features 3 BR including massive master suite with a walk in closet and en suite. Kitchen has been updated with new Quartz countertops and ss appliances. Tenants apartment is bathed in light featuring 2 BR's and a rooftop deck with stunning views! Commute to the city by ferry, A train or bus. Community offers 7 miles of boardwalk to bike, jog or stroll and a thriving community of new restaurants, wine bars, brew pubs and stores to explore. Perfect for a relaxing beach-oriented lifestyle, Additional information: Appearance:Excellent

Last Agent to Sell the Property

Marco Gomez

EXP Realty Brokerage Phone: 917-734-2012 License #10301205219 Listed on: 10/27/2021

EXP Realty

Co-Listed By

Tze Lai

Keller Williams Landmark II Brokerage Phone: 917-734-2012 License #10401276513

Keller Williams Landmark II

Last Buyer's Agent

Tze Lai

Keller Williams Landmark II Brokerage Phone: 917-734-2012 License #10401276513

Keller Williams Landmark II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,389

Year Built

  • Built in 2006 | Remodeled in 2021

Lot Details

  • 3,517 Sq Ft Lot
  • Lot Dimensions are 25.54' x 99'
  • 1 Common Wall
  • Fenced
  • Corner Lot

Home Design

  • Duplex
  • Frame Construction
  • HardiePlank Type

Interior Spaces

  • 3-Story Property
  • Formal Dining Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Parking

  • 2 Car Garage
  • Private Parking
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit

Schools

  • Ps 183 Dr Richard R Green Elementary School
  • Channel View School For Research High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Chandelier(s)
  • Tenant pays for electricity, gas, heat
  • Legal Lot and Block 2 / 16096
  • Assessor Parcel Number 16096-0002

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

$5,389

Year Built

Built in 2006 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Three Or More
  • Exclusions: Chandelier(s)
  • Year Built: 2006
  • Year Built Effective: 2021
  • Attribution Contact: 917-734-2012
  • Co List Office Mls Id: KEYKWLG01
  • Co List Office Phone: 516-328-8600
  • Subdivision Name: Arverne By The Sea
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Interior Amenities: Formal Dining, Primary Bathroom, Walk-In Closet(s)
  • Flooring: Carpet, Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: None
  • Total Bedrooms: 5
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame, HardiPlank Type
  • Fencing: Fenced
  • Pool Private: No
  • Spa: No
  • Exterior Features: Balcony
  • Patio and Porch Features: Patio

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Driveway, Garage Door Opener, Private

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available, Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Fee Information

  • Annual Water Sewer Expense: 4000

Lot Info

  • Lot Dimensions: 25.54' X 99'
  • Lot Size Sq Ft: 3517
  • Lot Features: Corner Lot, Near Public Transit, Near School, Near Shops
  • Parcel Number: 16096-0002
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: R6

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • Insurance Expense: 3000

Tax Info

  • Tax Annual Amount: 5389
  • Tax Block: 16096
  • Tax Lot: 2

MLS Schools

  • Elementary School: Ps 183 Dr Richard R Green
  • High School: Channel View School For Research
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Mar 9, 2022
Sold by
Gomez Marco and Gomez Marco Betancourt
Bought by
Chen Fengyan and Lin Bin
Seller's Agent
Marco Gomez
EXP Realty
Buyer's Agent
Tze Lai
Keller Williams Landmark II
List Price
$988,000
Sold Price
$980,000
Premium/Discount to List
-$8,000
-0.81%
Current Estimated Value
$1,120,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,872
Avg. Annual Appreciation
3.93%
Original Mortgage
$588,000
Outstanding Balance
$549,966
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$570,906

Purchase Details

Closed on
Apr 16, 2007
Sold by
Benjamin Beechwood Llc
Bought by
Betancourt Gomez Marco and Lai Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000
Interest Rate
6.18%
Source: Public Records

Range of Values:

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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
Chen Fengyan $980,000 --
Betancourt Gomez Marco $635,900 --
Betancourt Gomez Marco $635,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Fengyan $588,000
Previous Owner Betancourt Gomez Marco $40,000
Previous Owner Betancourt Gomez Marco $1,000
Previous Owner Betancourt Gomez Marco $508,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $980,000 -0.8% $266 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $988,000 -- $268 / 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 $8,159 $51,494 $14,630 $36,864
2024 $8,159 $51,107 $16,162 $34,945
2023 $6,979 $48,215 $14,546 $33,669
2022 $5,994 $56,580 $18,120 $38,460
2021 $5,093 $55,260 $18,120 $37,140
2020 $4,659 $51,660 $18,120 $33,540
2019 $4,196 $47,700 $18,120 $29,580
2018 $3,510 $40,179 $16,287 $23,892
2017 $2,997 $37,905 $16,173 $21,732
2016 $2,494 $37,905 $16,173 $21,732
2015 $1,220 $39,024 $14,028 $24,996
2014 $1,220 $37,396 $12,658 $24,738
Source: Public Records

Agents Affiliated with this Home

  • Marco Gomez

    Seller's Agent in 2022

    Marco Gomez

    EXP Realty

    (917) 734-2012

    1 in this area

    128 Total Sales

    Marco Gomez
    Section Image

  • T

    Seller Co-Listing Agent in 2022

    Tze Lai

    Keller Williams Landmark II

    1 in this area

    2 Total Sales

    Tze Lai
    Section Image

  • C

    Buyer Co-Listing Agent in 2022

    Christina Cavallo

    EXP Realty

    (888) 276-0630

    1 in this area

    24 Total Sales

    Christina Cavallo
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: L3355761

OneKey® MLS

APN: 16096-0002

New York Queens County Arverne 11692 Arverne

194 Beach 74th St, Arverne, NY

This home is located at 194 Beach 74th St, Arverne, NY 11692 since 27 October 2021 and is currently estimated at $1,120,872, approximately $304 per square foot. This property was built in 2006. 194 Beach 74th St is a home located in Queens County with nearby schools including P.S. 183 Dr Richard R Green and St Rose of Lima Catholic Academy.

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