NOT LISTED FOR SALE

2123 31st Ave Astoria, NY 11106

Astoria Neighborhood

Estimated Value: $1,871,000 - $2,175,000

6 Beds
2 Baths
3,492 Sq Ft
$579/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $2,000,000 $573 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $11,743/month

125 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Park
  • P.S. 234Q The School of Performing Arts & Technology Rated A-
  • 1 Car Detached Garage
  • Combination Dining and Living Room

About This Home

As of June 2023

Phenomenal development opportunity in prime Astoria. Legal 2 family home boasting spacious bedrooms and living areas throughout. The site is zoned for approximately 10,725 buildable square feet. Detached garage in rear. Sold As-Is. Great location within close proximity to all Astoria has to offer!

Last Agent to Sell the Property

Irene Rallis

Douglas Elliman Real Estate License #10301207062 Listed on: 09/27/2022

Douglas Elliman Real Estate

Last Buyer's Agent

Paul Milonakis

Halvatzis Realty Inc License #10401254988

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,725

Year Built

  • Built in 1915

Lot Details

  • 3,575 Sq Ft Lot
  • Lot Dimensions are 25x143
  • No Common Walls

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 3,492 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 234 Elementary School
  • Albert Shanker Sch-Visual/Perf Arts Middle School
  • Long Island City High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 5 / 551
  • Assessor Parcel Number 00551-0005

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • 2 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,725

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1915
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 3492
  • SquareFootage: 3492.00
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Detached, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water, Steam
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Fuel Oil Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Albert Shanker Sch-Visual/Perf Arts

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 25x143
  • Lot Size Sq Ft: 3575
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 00551-0005
  • Zoning Description: R6A
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2022-09-28

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 7725
  • Tax Block: 551
  • Tax Lot: 5
  • Tax Map Number: 00551-0005
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps 234
  • High School: Long Island City High School
  • Middle School District: Queens 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Jun 29, 2023
Sold by
Brian Ziele As Administrator and Ferro-Daud
Bought by
Lin Hong Chu
Seller's Agent
Irene Rallis
Douglas Elliman Real Estate
Buyer's Agent
Paul Milonakis
Halvatzis Realty Inc
List Price
$2,199,000
Sold Price
$2,000,000
Premium/Discount to List
-$199,000
-9.05%
Views
36
Current Estimated Value
$2,023,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,006
Avg. Annual Appreciation
1.08%
Original Mortgage
$1,100,000
Outstanding Balance
$1,075,556
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$971,335

Purchase Details

Closed on
Nov 13, 2015
Sold by
Estate Of Gioseppina Ferro and Estate Of Josephine Ferro
Bought by
Daud Diana and Ferro Patricia
Source: Public Records

Range of Values:

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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
Lin Hong Chu $2,000,000 --
Daud Diana -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Hong Chu $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $2,000,000 -9.0% $573 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
09/27/2022 09/27/22 For Sale $2,199,000 -- $630 / 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 $8,636 $45,574 $10,079 $35,495
2024 $8,636 $42,996 $10,051 $32,945
2023 $8,204 $40,846 $8,058 $32,788
2022 $7,725 $105,300 $20,940 $84,360
2021 $7,992 $112,620 $20,940 $91,680
2020 $8,039 $96,840 $20,940 $75,900
2019 $7,495 $82,920 $20,940 $61,980
2018 $6,939 $34,038 $8,754 $25,284
2017 $6,573 $32,246 $10,259 $21,987
2016 $6,327 $32,246 $10,259 $21,987
2015 $3,230 $31,648 $12,362 $19,286
2014 $3,230 $29,859 $11,663 $18,196
Source: Public Records

Agents Affiliated with this Home

  • Irene Rallis

    Seller's Agent in 2023

    Irene Rallis

    Douglas Elliman Real Estate

    (516) 241-9848

    3 in this area

    185 Total Sales

    Irene Rallis
    Section Image
  • Paul Milonakis

    Buyer's Agent in 2023

    Paul Milonakis

    Halvatzis Realty Inc

    (718) 545-8300

    12 in this area

    20 Total Sales

    Paul Milonakis
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3433068

OneKey® MLS

APN: 00551-0005

New York Queens County Astoria 11102 Astoria

2123 31st Ave, Astoria, NY

This home is located at 2123 31st Ave, Astoria, NY 11106 since 27 September 2022 and is currently estimated at $2,023,006, approximately $579 per square foot. This property was built in 1915. 2123 31st Ave is a home located in Queens County with nearby schools including P.S. 234Q The School of Performing Arts & Technology, I.S. 126Q Albert Shanker School Community School, and Long Island City High School.

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