NOT LISTED FOR SALE

24-01 37th Ave Long Island City, NY 11101

Long Island City Neighborhood

Estimated Value: $1,187,129 - $1,490,000

6 Beds
3 Baths
2,310 Sq Ft
$578/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $1,380,000 $597 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,648/month

57 Days on Market

Highlights

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

About This Home

As of July 2024

Vacant Possession Can be Arranged, 3 parking spots in the backyard, Could make into 4. Close to Subway 7/E/F/M/N/R trains and near the bus Q102, Q66, Q69, 15 minutes to Manhattan & 10 minutes to LGA airport. Close to shopping, dining, schools, entertainment and parks. Great location and excellent condition. Current rental is $8,450 per month.

Last Agent to Sell the Property

Kailong Liao

Lucky Family Realty LLC Brokerage Phone: 516-476-1017 License #10401329652 Listed on: 02/15/2024

Last Buyer's Agent

Kailong Liao

Lucky Family Realty LLC Brokerage Phone: 516-476-1017 License #10401329652 Listed on: 02/15/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,499

Year Built

  • Built in 1940

Lot Details

  • 1,728 Sq Ft Lot
  • Lot Dimensions are 18x96

Home Design

  • 2,310 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Driveway

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Is 204 Oliver W Holmes Middle School
  • Long Island City High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 4 / 345
  • Assessor Parcel Number 00345-0004

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

$7,499

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Duplex
  • Year Built: 1940
  • Attribution Contact: 516-476-1017
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 6
  • Fireplace: No
  • Living Area: 2310
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Description: Attached, Driveway, Private

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Hot Water, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Middle School: Is 204 Oliver W Holmes

Lot Info

  • Lot Dimensions: 18x96
  • Lot Size Sq Ft: 1728
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 00345-0004
  • Property Attached: No
  • Additional Parcels: No
  • Zoning: R5

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 7499
  • Tax Block: 345
  • Tax Lot: 4

MLS Schools

  • High School: Long Island City High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Jul 15, 2024
Sold by
Chowdhury Mamun R
Bought by
2401 37 Avenue Llc
Seller's Agent
Kailong Liao
Lucky Family Realty LLC
Buyer's Agent
Kailong Liao
Lucky Family Realty LLC
List Price
$1,390,000
Sold Price
$1,380,000
Premium/Discount to List
-$10,000
-0.72%
Current Estimated Value
$1,336,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,968
Avg. Annual Appreciation
-2.50%
Original Mortgage
$1,053,600
Outstanding Balance
$1,041,016
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$295,016

Purchase Details

Closed on
Oct 2, 2018
Sold by
Estate Of Shui Yuk Mak Chin and Jade Joan Hon As Executor
Bought by
Chowdhury Mamun R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
2401 37 Avenue Llc $1,380,000 --
Chowdhury Mamun R $1,100,000 --
Chowdhury Mamun R $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2401 37 Avenue Llc $1,053,600
Previous Owner Chowdhury Mamun R $825,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2024 07/15/24 Sold $1,380,000 -0.7% $597 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $1,390,000 -- $602 / 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 $7,861 $41,485 $7,891 $33,594
2024 $7,861 $39,139 $7,868 $31,271
2023 $7,416 $36,924 $7,491 $29,433
2022 $4,395 $61,500 $11,880 $49,620
2021 $7,331 $65,760 $11,880 $53,880
2020 $7,318 $65,520 $11,880 $53,640
2019 $6,823 $67,920 $11,880 $56,040
2018 $6,272 $30,770 $5,991 $24,779
2017 $5,918 $29,030 $6,302 $22,728
2016 $5,803 $29,030 $6,302 $22,728
2015 $2,864 $28,809 $8,519 $20,290
2014 $2,864 $27,180 $9,256 $17,924
Source: Public Records

Agents Affiliated with this Home

  • Kailong Liao

    Seller's Agent in 2024

    Kailong Liao

    Lucky Family Realty LLC

    (516) 710-6588

    1 in this area

    14 Total Sales

    Kailong Liao
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Map

Source: OneKey® MLS

MLS Number: L3531873

OneKey® MLS

APN: 00345-0004

New York Queens County Long Island City 11101 Long Island City

24-01 37th Ave, Long Island City, NY

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