$1,450,000
SOLD AUG 16, 2024
7 Beds
2 Baths
3,419 Sq Ft
5,160 Sq Ft Lot

Recently Sold

$424 Per Sq Ft

24% Below List Price

49 Days on Market

Highlights

  • 0.12 Acre Lot
  • Property is near public transit
  • Balcony
  • P.S. 2 Alfred Zimberg Rated A-
  • 1 Fireplace
  • 5-minute walk to Paul Raimonda Park and Playground

About This Home

As of August 2024

Great investment property. Will be delivered vacant.

Last Agent to Sell the Property

Lydia Bueso Roman

Keller Williams Realty Liberty Brokerage Phone: 718-848-4700 License #40BU0747288 Listed on: 11/14/2023

Keller Williams Realty Liberty

Last Buyer's Agent

Lydia Bueso Roman

Keller Williams Realty Liberty Brokerage Phone: 718-848-4700 License #40BU0747288 Listed on: 11/14/2023

Keller Williams Realty Liberty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,859

Year Built

  • Built in 1925

Lot Details

  • 5,160 Sq Ft Lot
  • Lot Dimensions are 40x129
  • No Common Walls
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • 3-Story Property
  • Frame Construction
  • Stucco

Interior Spaces

  • 3,419 Sq Ft Home
  • 1 Fireplace
  • Combination Dining and Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Schools

  • Ps 2 Alfred Zimberg Elementary School
  • Ps 212 Middle School
  • Long Island City High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 16 / 965
  • Assessor Parcel Number 00965-0016

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,859

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Property Condition: Good
  • Levels: Three Or More
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 718-848-4700
  • BuildingSize: 3419
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Living Area: 3419
  • SquareFootage: 3419.00
  • SquareFootageSource: Other
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame, Stucco
  • Fencing: Back Yard
  • Exterior Features: Balcony
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 212

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 40x129
  • Lot Size Sq Ft: 5160
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 00965-0016
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 1
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 7859
  • Tax Block: 965
  • Tax Lot: 16
  • Tax Map Number: 00965-0016
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps 2 Alfred Zimberg
  • High School: Long Island City High School
  • Middle School District: Queens 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Aug 23, 2024
Sold by
Baglio Trustee Carmelina and Raffaele Masi Trust
Bought by
Shrestha Bimla and Shrestha Shailendra
Seller's Agent
Lydia Bueso Roman
Keller Williams Realty Liberty
Buyer's Agent
Lydia Bueso Roman
Keller Williams Realty Liberty
List Price
$1,900,000
Sold Price
$1,450,000
Premium/Discount to List
-$450,000
-23.68%
Views
40
Current Estimated Value
$1,581,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,415
Avg. Annual Appreciation
9.72%
Original Mortgage
$1,160,000
Outstanding Balance
$1,152,917
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$414,630

Purchase Details

Closed on
Oct 26, 2004
Sold by
Masi Raffaele
Bought by
Masi Raffaele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.75%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,450,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,160,000 Purchase Money Mortgage
Previous Owner $70,000 No Value Available
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $1,450,000 -14.7% $424 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
12/07/2023 12/07/23 Price Changed $1,700,000 -10.5% $497 / Sq Ft
11/14/2023 11/14/23 For Sale $1,900,000 -- $556 / 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
2024 $7,772 $38,695 $6,108 $32,587
2023 $7,772 $38,695 $5,168 $33,527
2022 $7,296 $118,260 $18,960 $99,300
2021 $7,619 $126,480 $18,960 $107,520
2020 $7,230 $112,920 $18,960 $93,960
2019 $6,746 $102,180 $18,960 $83,220
2018 $6,573 $32,246 $5,420 $26,826
2017 $6,208 $30,456 $5,708 $24,748
2016 $6,031 $30,456 $5,708 $24,748
2015 $3,246 $28,464 $10,801 $17,663
2014 $3,246 $26,872 $12,233 $14,639
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3516365

OneKey® MLS

APN: 00965-0016