NOT LISTED FOR SALE

Estimated Value: $1,150,000 - $1,254,934

8 Beds
5 Baths
1,050 Sq Ft
$1,159/Sq Ft Est. Value

Last Sold November 28, 2023

Last sale price $1,350,000 $1,286 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $7,247/month

166 Days on Market

Highlights

  • Newly Remodeled
  • Raised Ranch Architecture
  • Marble Bathroom Countertops
  • Property is near public transit
  • Wood Flooring
  • Granite Countertops

About This Home

As of November 2023

This beautiful, newly constructed, custom designed, multi-family home is what you've been searching for! This home features 3300 sq ft of charming designs, soft beautiful color schemes, and stunning hardwood floors. No detail has been overlooked! This home boasts eight bedrooms, five bathrooms, central air conditioning, a wide private driveway, and a beautiful backyard. Not to forget a fully finished basement, with high ceilings, and its own separate walkout. Home is at a prime location, just minutes away from UBS arena, close to public transportation, schools and shopping. This is truly a must see property!

Last Agent to Sell the Property

Sabrina Sookdeo

Park Assets Real Estate Corp Brokerage Phone: 718-684-8000 License #10401351551 Listed on: 03/29/2023

Co-Listed By

Ray Jagrup

Imperial Legacy Real Estate Brokerage Phone: 718-684-8000 License #10311210158

Last Buyer's Agent

Nafi Mazid

Property Professionals Realty License #10401320558

Property Professionals Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,106

Year Built

  • Built in 1940 | Newly Remodeled

Lot Details

  • 5,240 Sq Ft Lot
  • Lot Dimensions are 40x131
  • No Common Walls

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • New Windows
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms
  • Marble Bathroom Countertops

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Private Parking
  • Driveway

Location

  • Property is near public transit

Schools

  • Jean Nuzzi Intermediate School
  • Benjamin Franklin Hs-Finance-Info High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 39 / 11198
  • Assessor Parcel Number 11198-0039

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,106

Year Built

Built in 1940 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Hi Ranch
  • Property SubType: Multi Family
  • Year Built: 1940
  • New Construction: Yes
  • Attribution Contact: 718-684-8000
  • Co List Office Mls Id: ONEPKAS01
  • Co List Office Phone: 718-684-8000
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Granite Counters, Living Room/Dining Room Combo, Marble Bath, Master Bath
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 8
  • Window Features: New Windows
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick, Frame
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Indirect Tank

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jean Nuzzi Intermediate School

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 40x131
  • Lot Size Sq Ft: 5240
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 11198-0039
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-03-31

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 4106
  • Tax Block: 11198
  • Tax Lot: 39
  • Tax Map Number: 11198-0039

MLS Schools

  • High School: Benjamin Franklin Hs-Finance-Info
  • Middle School District: Queens 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Nov 28, 2023
Sold by
Kings Town Homes Dev Llc
Bought by
Khan Nazma and Sumon Kazi
Seller's Agent
Sabrina Sookdeo
Park Assets Real Estate Corp
Buyer's Agent
Nafi Mazid
Property Professionals Realty
List Price
$1,799,000
Sold Price
$1,350,000
Premium/Discount to List
-$449,000
-24.96%
Views
251
Current Estimated Value
$1,217,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$132,766
Avg. Annual Appreciation
-5.25%
Original Mortgage
$1,080,000
Outstanding Balance
$1,062,515
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$154,719

Purchase Details

Listed on
Mar 2, 2022
Closed on
Jun 2, 2022
Sold by
Michael J. Williams As Executor and Michael J. Williams Sonja
Bought by
Kings Town Homes Dev Llc
Seller's Agent
Evelyn Garcia
RE/MAX In The City
Buyer's Agent
Evelyn Garcia
RE/MAX In The City
List Price
$649,000
Sold Price
$652,000
Premium/Discount to List
$3,000
0.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.98%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Khan Nazma $1,350,000 --
Khan Nazma $1,350,000 --
Kings Town Homes Dev Llc $652,000 --
Kings Town Homes Dev Llc $652,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Nazma $1,080,000
Closed Khan Nazma $1,080,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2023 11/28/23 Sold $1,350,000 0.0% $1,286 / Sq Ft
09/29/2023 09/29/23 Off Market $1,350,000 -- --
09/11/2023 09/11/23 Pending -- -- --
07/01/2023 07/01/23 Price Changed $1,599,000 -11.1% $1,523 / Sq Ft
03/29/2023 03/29/23 For Sale $1,799,000 +175.9% $1,713 / Sq Ft
06/02/2022 06/02/22 Sold $652,000 +0.5% $621 / Sq Ft View Prior Sale
03/25/2022 03/25/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $649,000 -- $618 / 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 $10,122 $50,636 $9,171 $41,465
2024 $10,122 $50,397 $9,645 $40,752
2023 $5,839 $29,071 $9,439 $19,632
2022 $4,106 $38,100 $12,780 $25,320
2021 $5,446 $33,060 $12,780 $20,280
2020 $5,478 $31,080 $12,780 $18,300
2019 $5,372 $32,700 $12,780 $19,920
2018 $4,938 $24,226 $10,138 $14,088
2017 $2,375 $22,856 $11,166 $11,690
2016 $4,311 $22,856 $11,166 $11,690
2015 $2,381 $21,565 $11,922 $9,643
2014 $2,381 $21,400 $11,830 $9,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3467803

OneKey® MLS

APN: 11198-0039