NOT LISTED FOR SALE

Estimated Value: $1,281,000 - $1,392,889

8 Beds
6 Baths
3,468 Sq Ft
$387/Sq Ft Est. Value

Last Sold October 07, 2024

Last sale price $1,350,000 $389 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,099/month

18 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Property is near public transit
  • Balcony
  • Patio

About This Home

As of October 2024

Welcome to an exceptional opportunity in the heart of Hollis. This newly constructed 3-family property presents a unique investment prospect for discerning buyers seeking modern design, spacious layouts, and an unbeatable location. This property offers three distinct living spaces, the first floor features a spacious duplex unit, complete with an efficiency kitchen, a light-filled living and dining area, two bedrooms, and two baths. Moving upstairs, both the second and third floors mirror each other in design, boasting efficiency kitchens, generous living and dining spaces, and the convenience of a terrace with three bedrooms and two baths on each floor, these units provide ample space and privacy for occupants. One of the standout features of this property is the Duplex 1st floor with a full basement and outdoor space, adding versatility and potential to the already impressive living spaces. Hollis also offers an abundance of shopping options, from local boutiques to well-known brands, residents have access to a diverse range of shops and boutiques that cater to their every need. Transportation is a breeze with several bus stops and stations in close proximity. Some convenient options include Bus Stop 193 St/91 Ave & Jamaica Ave/193 St. Additionally, residents will appreciate the property's close proximity to parks, providing green spaces for outdoor activities and relaxation.

Last Agent to Sell the Property

Marco Gomez

EXP Realty Brokerage Phone: 888-276-0630 License #10301205219 Listed on: 08/19/2024

EXP Realty

Last Buyer's Agent

Marco Gomez

EXP Realty Brokerage Phone: 888-276-0630 License #10301205219 Listed on: 08/19/2024

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,726

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 4,470 Sq Ft Lot
  • Lot Dimensions are 29.8' x 150
  • 1 Common Wall
  • Private Entrance

Home Design

  • 3-Story Property
  • Brick Exterior Construction

Interior Spaces

  • 3,468 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Oven

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit

Schools

  • Ps 35 Nathaniel Woodhull Elementary School
  • Is 238 Susan B Anthony Academy Middle School
  • Cambria Heights Academy High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 21 / 10464
  • Assessor Parcel Number 10464-0021

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,726

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 2021
  • New Construction: Yes
  • Attribution Contact: 888-276-0630
  • BuildingSize: 21.01' X 55.02'
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Entrance Foyer, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 6
  • Basement: Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 8
  • Living Area: 3468
  • SquareFootage: 3468.00
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony, Private Entrance
  • Patio and Porch Features: Patio
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: On Demand

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 238 Susan B Anthony Academy

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 29.8' X 150
  • Lot Size Sq Ft: 4470
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 10464-0021
  • Zoning Description: R4
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 12725.88
  • Tax Block: 10464
  • Tax Lot: 21
  • Tax Map Number: 10464-0021
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Ps 35 Nathaniel Woodhull
  • High School: Cambria Heights Academy
  • Middle School District: Queens 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Oct 7, 2024
Sold by
Gerard Avenue Partners Llc
Bought by
Khondoker & Rahman Inc
Seller's Agent
Marco Gomez
EXP Realty
Buyer's Agent
Marco Gomez
EXP Realty
List Price
$1,499,000
Sold Price
$1,350,000
Premium/Discount to List
-$149,000
-9.94%
Views
15
Current Estimated Value
$1,341,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,028
Avg. Annual Appreciation
-0.50%
Original Mortgage
$1,012,500
Outstanding Balance
$999,853
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$342,119

Purchase Details

Closed on
May 1, 2024
Sold by
Gerard Avenue Partners Llc
Bought by
Gerard Avenue Partners Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khondoker & Rahman Inc $1,350,000 --
Khondoker & Rahman Inc $1,350,000 --
Gerard Avenue Partners Llc -- --
Gerard Avenue Partners Llc -- --
Gerard Avenue Partners Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khondoker & Rahman Inc $1,012,500
Closed Khondoker & Rahman Inc $1,012,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2024 10/07/24 Sold $1,350,000 -9.9% $389 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $1,499,000 -- $432 / 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 $12,726 $66,960 $21,545 $45,415
2024 $12,726 $63,360 $25,132 $38,228
2023 $14,047 $69,937 $20,014 $49,923
2022 $11,352 $63,240 $19,320 $43,920
2021 $2,570 $13,962 $13,962 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3573208

OneKey® MLS

APN: 10464-0021