NOT LISTED FOR SALE

215-40 40th Ave Flushing, NY 11361

Bayside Neighborhood

Estimated Value: $1,637,030 - $2,240,000

10 Beds
6 Baths
-- Sq Ft
6,000 Sq Ft Lot Lot

Sale Details

Date Sold: November 30, 2021

Last sale price $1,750,000

Est. 10% increase in value since last sale

Current estimated payment $11,736 / mo

45 Days on Market

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 2021

2 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

Last Agent to Sell the Property

Li Li

B Square Realty License #10311207854 Listed on: 09/20/2021

B Square Realty

Last Buyer's Agent

Li Li

B Square Realty License #10311207854 Listed on: 09/20/2021

B Square Realty

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,574

Year Built

Built in 1930

Lot Details

6,000 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Building Size: 18x43
  • Year Built: 1930
  • New Construction: No
  • Attribution Contact: 718-939-8388
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Common Walls: No Common Walls
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Basement: Finished
  • Total Bedrooms: 10
  • Fireplace: Yes
  • Kitchens: 4

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Date: 2021-09-21
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Garage

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ms 158 Marie Curie

Lot Info

  • Lot Size Acres: 0.1400
  • Lot Dimensions: 60x100
  • Lot Size Sq Ft: 6000.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Zoning Description: R3X
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-11-30
  • Tax Annual Amount: 12574.00
  • Tax Block: 06303
  • Tax Lot: 0008

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4

MLS Schools

  • Elementary School: Ps 41 Crocheron
  • High School: Bayside High School
  • Middle School District: Queens 26

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 30, 2021
Sold by
Bought by
Seller's Agent
Li Li
B Square Realty
Buyer's Agent
Li 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
$1,930,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,508
Avg. Annual Appreciation
2.21%

Purchase Details

Closed on
Aug 4, 2021
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,750,000 --
$1,200,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $15,947 $81,217 $17,282 $63,935
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

  • Li Li

    Seller's Agent in 2021

    Li Li

    B Square Realty

    (646) 889-9988

    15 in this area

    434 Total Sales

    Li Li
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Map

Source: OneKey® MLS

MLS Number: KEY3346856

OneKey® MLS

APN: 06303-0008

New York Queens County Bayside 11361 Bayside

215-40 40th Ave, Bayside, NY

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