NOT LISTED FOR SALE

Estimated Value: $1,037,885 - $1,441,000

6 Beds
5 Baths
2,244 Sq Ft
$592/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $1,300,000 $579 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,795/month

7 Days on Market

Highlights

  • Property is near public transit
  • Park
  • Hot Water Heating System
  • Detached Garage

About This Home

As of May 2022

Spectacular Brick Two Family Building Located Just One Block Away From Ditmars Blvd. First Floor Unit Features 3 Bedrooms, Kitchen, Living Room, Dining Room, Full Bathroom, And Full Finished Basement. Second Floor Unit Features 4 Bedrooms, Eat-In-Kitchen, Dining Room, Living Room, Two Full Bathrooms. The House Has Been Completely Renovated From Top To Bottom. New Electric System, Interior And Exterior Freshly Painted, And A Two Car Garage. Excellent Income Potential., Additional information: Interior Features:Lr/Dr,Separate Hotwater Heater:Pub

Last Agent to Sell the Property

Fei Guo

Skylux Realty Inc Brokerage Phone: 718-500-2231 License #10311210012 Listed on: 02/08/2022

Last Buyer's Agent

Zhichun Jia

Skylux Realty Inc License #10401350325

Skylux Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,678

Year Built

  • Built in 1925

Lot Details

  • 2,925 Sq Ft Lot
  • Lot Dimensions are 30x97.5

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Finished Basement

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

Parking

  • Detached Garage
  • Shared Driveway

Location

  • Property is near public transit

Schools

  • Ps 127 Aerospace Science Magnet Elementary School
  • Is 145 Joseph Pulitzer Middle School
  • William Cullen Bryant High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 70 / 1091
  • Assessor Parcel Number 01091-0070

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

$7,678

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Bi-Level
  • Year Built: 1925
  • Attribution Contact: 718-500-2231
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 5
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Detached, Shared Driveway

Utilities

  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Is 145 Joseph Pulitzer

Lot Info

  • Lot Dimensions: 30x97.5
  • Lot Size Sq Ft: 2925
  • Lot Features: Near Public Transit, Near School
  • Parcel Number: 01091-0070
  • Property Attached: No
  • Additional Parcels: No
  • Zoning: R3X

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 7678
  • Tax Block: 1091
  • Tax Lot: 70

MLS Schools

  • Elementary School: Ps 127 Aerospace Science Magnet
  • High School: William Cullen Bryant High School
  • Middle School District: Queens 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
May 17, 2022
Sold by
Chen Ming and Zheng Feng
Bought by
Chen Hui Ping
Seller's Agent
Fei Guo
Skylux Realty Inc
Buyer's Agent
Zhichun Jia
Skylux Realty Inc
List Price
$1,380,000
Sold Price
$1,300,000
Premium/Discount to List
-$80,000
-5.8%
Current Estimated Value
$1,329,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,221
Avg. Annual Appreciation
0.66%
Original Mortgage
$780,000
Outstanding Balance
$739,979
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$589,242

Purchase Details

Listed on
May 30, 2018
Closed on
Dec 18, 2018
Sold by
Carchipulla Raul and % : Diane L Nickelberg Esq
Bought by
Chen Ming and Zheng Feng
Seller's Agent
Laura Fox
Prime Realty
Buyer's Agent
Fei Guo
Skylux Realty Inc
List Price
$1,249,000
Sold Price
$1,200,000
Premium/Discount to List
-$49,000
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.38%
Original Mortgage
$720,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2017
Sold by
Michaelides Michael and Michaelides Pilar
Bought by
Carchipulla Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2006
Sold by
Michaelides Pilar
Bought by
Michaelides Michael and Michaelides Pilar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2004
Sold by
Beard William L and Michaelides Pilar
Bought by
Michaelides Pilar

Purchase Details

Closed on
Sep 10, 2003
Sold by
Beard William L
Bought by
Beard William L and Michaelides Pilar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2003
Sold by
Beard William L
Bought by
Beard William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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
Chen Hui Ping $1,300,000 --
Chen Hui Ping $1,300,000 --
Chen Ming $1,200,000 --
Chen Ming $1,200,000 --
Carchipulla Raul $900,000 --
Carchipulla Raul $900,000 --
Michaelides Michael -- --
Michaelides Michael -- --
Michaelides Pilar -- --
Michaelides Pilar -- --
Beard William L -- --
Beard William L -- --
Beard William L -- --
Beard William L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Hui Ping $780,000
Closed Chen Hui Ping $780,000
Closed Chen Ming $720,000
Previous Owner Carchipulla Raul $540,000
Previous Owner Michaelides Michael $516,000
Previous Owner Beard William L $280,000
Closed Michaelides Pilar $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2024 12/09/24 Off Market $1,200,000 -- --
05/17/2022 05/17/22 Sold $1,300,000 -5.8% $579 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $1,380,000 +15.0% $615 / Sq Ft
12/18/2018 12/18/18 Sold $1,200,000 -3.9% $535 / Sq Ft View Prior Sale
07/31/2018 07/31/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $1,249,000 -- $557 / 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 $43,546 $5,995 $37,551
2024 $8,636 $42,996 $6,822 $36,174
2023 $8,461 $42,128 $5,886 $36,242
2022 $5,951 $60,180 $9,120 $51,060
2021 $8,095 $64,380 $9,120 $55,260
2020 $7,681 $60,000 $9,120 $50,880
2019 -- $57,600 $9,120 $48,480
2018 $7,157 $35,107 $6,285 $28,822
2016 $6,408 $33,120 $7,120 $26,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3374841

OneKey® MLS

APN: 01091-0070