NOT LISTED FOR SALE

Estimated Value: $1,519,003 - $1,832,000

3 Beds
3 Baths
2,100 Sq Ft
$805/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $1,150,000 $548 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $9,188/month

4 Days on Market

Highlights

  • 0.11 Acre Lot
  • Deck
  • Entrance Foyer
  • Colonial Architecture
  • Eat-In Kitchen
  • 5-minute walk to Ciccarone Park

About This Home

As of July 2018

Great Belmont section , R7-1 zoning multi family home with 5000 sq' large buildable lot, close to public transportation, retail stores and major highways.

Last Agent to Sell the Property

Joe Cosentino

Morris Park Realty Group Brokerage Phone: 718-881-1923 License #10311205741 Listed on: 05/18/2018

Last Buyer's Agent

Joe Cosentino

Morris Park Realty Group Brokerage Phone: 718-881-1923 License #10311205741 Listed on: 05/18/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,867

Year Built

  • Built in 1920

Lot Details

  • 5,001 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Level Lot

Home Design

  • Colonial Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • Entrance Foyer
  • Finished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Parking Lot

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 03088-0009

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,867

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 718-881-1923
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Entrance Foyer
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 3
  • Living Area: 2100
  • SquareFootage: 2100.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Fencing: Fenced
  • Patio and Porch Features: Deck

Garage/Parking

  • Total Parking Spaces: 10
  • Attached Garage: No
  • Garage: No
  • Parking Description: Parking Lot

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: None
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.1148
  • Lot Size Sq Ft: 5001
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 03088-0009
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 5000
  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 3
  • NumberOf2Bedrooms: 0
  • NumberOf3Bedrooms: 0
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 2867
  • Tax Map Number: 03088-0009
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2025
Sold by
Jsm Real Estate Holdings Llc and Skg Apt Llc
Bought by
2320 Belmont Jv Llc
Current Estimated Value
$1,689,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,800,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$110,249

Purchase Details

Listed on
May 18, 2018
Closed on
Jul 10, 2018
Sold by
2322 Belmont Ave Llc
Bought by
2010 Arthur Llc
Seller's Agent
Joe Cosentino
Morris Park Realty Group
Buyer's Agent
Joe Cosentino
Morris Park Realty Group
List Price
$1,300,000
Sold Price
$1,150,000
Premium/Discount to List
-$150,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%

Purchase Details

Closed on
Jun 9, 2017
Sold by
Estate Of Lawrence Fratello and Linda Fratello Co-Executor
Bought by
2322 Belmont Ave Llc

Purchase Details

Closed on
Aug 7, 1995
Sold by
Fusco Mario and Fusco Ada
Bought by
Fratello Lawrence and Fratello Elsie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
2320 Belmont Jv Llc $3,000,000 --
Jsm Real Estate Holdings Llc -- --
2010 Arthur Llc $1,150,000 --
2010 Arthur Llc $1,150,000 --
2322 Belmont Ave Llc -- --
2322 Belmont Ave Llc -- --
Fratello Lawrence $150,000 First American Title Ins Co
Fratello Lawrence $150,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2320 Belmont Jv Llc $1,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2018 07/10/18 Sold $1,150,000 -11.5% $548 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $1,300,000 -- $619 / 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 $3,181 $16,790 $16,790 --
2024 $3,181 $20,497 $20,497 $0
2023 $3,927 $19,337 $4,805 $14,532
2022 $3,642 $46,800 $12,180 $34,620
2021 $3,622 $49,140 $12,180 $36,960
2020 $3,438 $43,680 $12,180 $31,500
2019 $3,397 $41,280 $12,180 $29,100
2018 $3,285 $16,114 $5,498 $10,616
2017 $3,099 $15,202 $5,992 $9,210
2016 $2,867 $14,344 $6,316 $8,028
2015 $1,510 $13,533 $5,381 $8,152
2014 $1,510 $13,533 $6,215 $7,318
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4822797

OneKey® MLS

APN: 03088-0009