NOT LISTED FOR SALE

Estimated Value: $1,102,000 - $1,468,000

9 Beds
4 Baths
3,006 Sq Ft
$411/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $995,000 $331 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,991/month

Highlights

  • Baseboard Heating
  • 4-minute walk to Parkchester
  • 2-minute walk to Virginia Park

About This Home

As of December 2020

Location ! Location ! Location! Don't miss this is one of three adjacent three family properties. (Option available to buy all three adjacent buildings 1942-1944-1946 McGraw Ave) Each building has same layout 3 bed 1 bath over 3 bed 1 bath over duplex 2 bed 2 bath plus finish open basement. Construction is buite in 2008 and partially renovated in 2019. Property is very well maintained in great condition. Perfect for living in owned and having tenants pay your mortgage or investment only. 3 units with Separate boilers and water heaters. 3 minutes walk to 6 train and Q44 bus Parkchester station. The motivated seller will open to hear all of offer. Call today for your viewing.

Last Agent to Sell the Property

Alex Huang

Han Tang Realty Inc. License #10311206937 Listed on: 08/10/2020

Last Buyer's Agent

Alex Huang

Han Tang Realty Inc. License #10311206937 Listed on: 08/10/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,702

Year Built

  • Built in 2008

Lot Details

  • 1,986 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 3,006 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 03931-0030

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,702

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Living Area: 3006
  • SquareFootage: 3006.00
  • SquareFootageSource: Municipality

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 1986
  • Lot Size Units: Acres
  • Parcel Number: 03931-0030
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 5702
  • Tax Map Number: 03931-0030

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

Closed on
Jul 6, 2022
Sold by
Hayat Syed and Islam Risfa U
Bought by
1946 Mcgraw Ave Llc
Current Estimated Value
$1,235,577

Purchase Details

Listed on
Aug 10, 2020
Closed on
Dec 2, 2020
Sold by
Mcgraw 3 Llc
Bought by
Hayat Syed and Islam Risfa U
Seller's Agent
Alex Huang
Han Tang Realty Inc.
Buyer's Agent
Alex Huang
Han Tang Realty Inc.
List Price
$1,202,000
Sold Price
$995,000
Premium/Discount to List
-$207,000
-17.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$696,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2009
Sold by
Mcgraw 3 Llc
Bought by
Mcgraw 3 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
1946 Mcgraw Ave Llc -- --
Hayat Syed $995,000 --
Mcgraw 3 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayat Syed $696,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2020 12/02/20 Sold $995,000 -17.2% $331 / Sq Ft
08/11/2020 08/11/20 For Sale $1,202,000 -- $400 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
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 $6,126 $32,328 $3,168 $29,160
2024 $6,126 $30,499 $3,117 $27,382
2023 $6,194 $30,499 $3,412 $27,087
2022 $6,043 $47,760 $5,880 $41,880
2021 $6,010 $41,820 $5,880 $35,940
2020 $5,702 $46,200 $5,880 $40,320
2019 $5,317 $43,860 $5,880 $37,980
2018 $5,181 $25,416 $3,330 $22,086
2017 $5,142 $25,224 $3,309 $21,915
2016 $4,757 $23,797 $4,217 $19,580
2015 $3,318 $22,450 $4,342 $18,108
2014 $3,318 $21,180 $4,920 $16,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6061416

OneKey® MLS

APN: 03931-0030