NOT LISTED FOR SALE

Estimated Value: $1,280,000 - $1,442,000

8 Beds
6 Baths
3,468 Sq Ft
$390/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $1,330,000 $384 Per Sq Ft

Current estimated payment $8,361/month

327 Days on Market

Highlights

  • Property is near public transit
  • Balcony
  • Park
  • Wood Flooring
  • Patio
  • Tankless Water Heater

About This Home

As of July 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. Don't miss the chance to own this remarkable property. Schedule a showing today!, Additional information: Interior Features:Lr/Dr

Last Agent to Sell the Property

Marco Gomez

EXP Realty License #10301205219 Listed on: 06/24/2023

EXP Realty

Last Buyer's Agent

Christina Cavallo

EXP Realty License #10401338792

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,862

Year Built

  • Built in 2021

Lot Details

  • 4,635 Sq Ft Lot
  • 1 Common Wall
  • Private Entrance

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 3,468 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

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

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Legal Lot and Block 23 / 10464

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

$14,862

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Property Condition: New Construction
  • Levels: Three Or More
  • Year Built: 2021
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Tankless Water Heater
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 6
  • Basement: Full
  • Total Bedrooms: 8
  • Fireplace: No
  • Living Area: 3468
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • Exterior Features: Balcony, Private Entrance
  • Patio and Porch Features: Patio

Garage/Parking

  • Parking Description: Driveway, Private

Utilities

  • Heating: Forced Air, Natural Gas
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Middle School: Is 238 Susan B Anthony Academy

Lot Info

  • Lot Dimensions: 23'X150' IRR
  • Lot Size Sq Ft: 4635
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: R4

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 14861.72
  • Tax Block: 10464
  • Tax Lot: 23

MLS Schools

  • Elementary School: Ps 35 Nathaniel Woodhull
  • High School: Cambria Heights Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2023
Closed on
Jul 1, 2024
Sold by
Gerard Avenue Partners Llc
Bought by
Khondoker & Rahman Inc
Seller's Agent
Marco Gomez
EXP Realty
Buyer's Agent
Christina Cavallo
EXP Realty
List Price
$1,499,000
Sold Price
$1,330,000
Premium/Discount to List
-$169,000
-11.27%
Views
65
Current Estimated Value
$1,324,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,764
Avg. Annual Appreciation
1.33%
Original Mortgage
$931,000
Outstanding Balance
$921,597
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$428,081

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:

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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 $1,330,000 --
Gerard Avenue Partners Llc -- --
Gerard Avenue Partners Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khondoker & Rahman Inc $931,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $1,330,000 0.0% $384 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
02/22/2024 02/22/24 Off Market $1,330,000 -- --
02/22/2024 02/22/24 For Sale $1,499,000 0.0% $432 / Sq Ft
11/20/2023 11/20/23 Price Changed $1,499,000 0.0% $432 / Sq Ft
11/20/2023 11/20/23 For Sale $1,499,000 +12.7% $432 / Sq Ft
10/28/2023 10/28/23 Off Market $1,330,000 -- --
10/28/2023 10/28/23 For Sale $1,600,000 +20.3% $461 / Sq Ft
10/17/2023 10/17/23 Off Market $1,330,000 -- --
10/17/2023 10/17/23 For Sale $1,600,000 0.0% $461 / Sq Ft
07/03/2023 07/03/23 For Sale $1,600,000 +20.3% $461 / Sq Ft
06/29/2023 06/29/23 Off Market $1,330,000 -- --
06/24/2023 06/24/23 For Sale $1,600,000 -- $461 / 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 $13,328 $70,140 $22,324 $47,816
2024 $13,328 $66,360 $26,020 $40,340
2023 $14,698 $73,178 $20,724 $52,454
2022 $11,364 $63,540 $20,040 $43,500
2021 $2,665 $14,477 $14,477 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3486277

OneKey® MLS

APN: 10464-0023