Seller's Agent in 2021
Barbie Li
B Square Realty
(347) 628-8818
17 in this area
400 Total Sales
215-40 40th Ave Flushing, NY 11361
Bayside NeighborhoodEstimated Value: $1,668,000 - $1,925,000
10
Beds
6
Baths
--
Sq Ft
6,000
Sq Ft Lot
Highlights
- Colonial Architecture
- Property is near public transit
- Forced Air Heating System
- P.S. 41 - Crocheron Rated A
- 1 Fireplace
- 1 Car Garage
About This Home
As of November 20212 X legal two-family homes are located at a corner lot in the heart of Bayside. A Rare Opportunity to Own 4 High Income Producing units. This property is situated at 60x100 SF lot, Zoning R3X. Each building features 3 stories + separate entrance finished basement. Double car driveway and a 2-Car garage. The building is filled with natural light, large rooms, and tons of storage spaces. Property is located at the prime location of the Bayside neighborhood, 2 blocks away to bell blvd. Surrounded by multiple retail stores, restaurants, and banks; serviced by the LIRR as well as Q13 and Q12 bus lines just steps away, 15 minutes away from main.st, flushing. convenient to all
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,574
Year Built
- Built in 1930
Lot Details
- 6,000 Sq Ft Lot
- Lot Dimensions are 60x100
- No Common Walls
Parking
- 1 Car Garage
- Private Parking
Home Design
- Colonial Architecture
- Frame Construction
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Full Bathrooms
Schools
- Ps 41 Crocheron Elementary School
- Middle School 158 Marie Curie
- Bayside High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Additional Features
- 1 Fireplace
- Property is near public transit
- Finished Basement
Listing and Financial Details
- Legal Lot and Block 0008 / 06303
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2021
Closed on
Nov 30, 2021
Sold by
East 198Th Llc
Bought by
215 40-42 40 Llc
Seller's Agent
Barbie Li
B Square Realty
Buyer's Agent
Barbie Li
B Square Realty
List Price
$1,995,000
Sold Price
$1,750,000
Premium/Discount to List
-$245,000
-12.28%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,533
Avg. Annual Appreciation
1.77%
Purchase Details
Closed on
Aug 4, 2021
Sold by
Joan Mcguirk Family Trust
Bought by
East 198Th Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 215 40-42 40 Llc | $1,750,000 | -- | |
| East 198Th Llc | $1,200,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2021 11/30/21 | Sold | $1,750,000 | -12.3% | -- |
| 11/04/2021 11/04/21 | Pending | -- | -- | -- |
| 09/20/2021 09/20/21 | For Sale | $1,995,000 | -- | -- |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $15,044 | $79,397 | $15,238 | $64,159 |
| 2024 | $15,044 | $74,904 | $15,197 | $59,707 |
| 2023 | $14,352 | $70,668 | $14,203 | $56,465 |
| 2022 | $10,133 | $91,020 | $21,960 | $69,060 |
| 2021 | $12,574 | $87,300 | $21,960 | $65,340 |
| 2020 | $12,330 | $94,620 | $21,960 | $72,660 |
| 2019 | $11,395 | $97,740 | $21,960 | $75,780 |
| 2018 | $10,729 | $58,890 | $18,235 | $40,655 |
| 2017 | $10,610 | $56,401 | $15,428 | $40,973 |
| 2016 | $10,382 | $56,401 | $15,428 | $40,973 |
| 2015 | $5,637 | $55,137 | $21,682 | $33,455 |
| 2014 | $5,637 | $52,017 | $21,385 | $30,632 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: OneKey® MLS
MLS Number: KEY3346856
APN: 06303-0008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.
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