NOT LISTED FOR SALE

247 Reid Ave Staten Island, NY 10305

Dongan Hills Neighborhood

Estimated Value: $898,000 - $1,387,000

-- Bed
-- Bath
5,026 Sq Ft
$228/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $1,065,000 $212 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,140/month

53 Days on Market

Highlights

  • 3 Car Attached Garage
  • Cooling Available
  • Hot Water Baseboard Heater
  • P.S. 052 John C. Thompson Rated A

About This Home

As of September 2023

Opportunity knocks! This good income producing property has many rooms with endless possibilities. This lot holds two buildings Building 1 is all brick with one unit 5 rooms in total 3 bedrooms with a full finished basement with yard access. Building 2 is a 3 story framed construction with 2 units each boasting 2 bedrooms a walk up finished attic and an unfinished basement. This is one you will not want to miss! Seller will entertain all reasonable offers! Schedule your appointment today.

Last Agent to Sell the Property

Melissa Cosentino

Triolo Realty Group, Inc. License #10301217189 Listed on: 05/18/2023

Last Buyer's Agent

Melissa Cosentino

Triolo Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,523

Year Built

  • Built in 1920

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 18 x 37

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 5,026 Sq Ft Home
  • 3-Story Property

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 220 Volts
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $78,000

Listing and Financial Details

  • Legal Lot and Block 0003 / 03324
  • Assessor Parcel Number 03324-0003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,523

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: 3F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Lot Size: 18 x 37
  • Modification Timestamp: 2024-09-26
  • Directions: Hylan Blvd to Reid Ave next to Perkins.
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1920
  • General Property Info:Public Remarks3: Opportunity knocks! This good income producing property has many rooms with endless possibilities. This lot holds two buildings Building 1 is all brick with one unit 5 rooms in total 3 bedrooms with a full finished basement with yard access. Building 2 is a 3 story framed construction with 2 units each boasting 2 bedrooms a walk up finished attic and an unfinished basement. This is one you will not want to miss! Seller will entertain all reasonable offers! Schedule your appointment today.
  • ContractLocation Information:List PriceSqFt2: 218.86
  • General Property Info:Tax Abated: No
  • General Property Info:Condition: Good
  • Income Expenses Gross Income: 78000.0
  • Annual Expenses: 12000.0
  • Income Expenses Net Income: 66000.0
  • General Property Info:Year Built Info: Approx
  • General Property Info Bldg Dimensions: 18 x 37
  • Special Features: None
  • Stories: 3
  • Year Built: 1920

Interior Features

  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: Full
  • Appliances:Total Number Refrigerators: 3
  • Appliances:Total Number Ranges: 3
  • General Property Info Basement Desc: Finished

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Siding:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Off Street
  • Parking:Off Street: Yes
  • Garage Location:Built-in: Yes

Utilities

  • Green Building Features: Cable
  • Cooling Y N: Yes
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 3.0
  • General Property Info:Air Conditioner: Units
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Siding:Vinyl Siding: Yes
  • Heat System:Hot Water2: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • Extras:Cable3: Yes
  • General Property Info Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 4000.0
  • Lot Size Units: Square Feet
  • Parcel #: 03324-0003
  • Zoning: R3X
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 4000.0
  • General Property Info:Lot Dim: 40 x 100

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 78000.0
  • Property Net Operating Income: 66000.0
  • Annual Operating Expense: 12000.0

Tax Info

  • Tax Annual Amount: 8523.0
  • Tax Block: 03324
  • Tax Lot: 0003
  • General Property Info:Taxes2: 8523.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Sep 1, 2023
Sold by
Maggio Robert
Bought by
Dragovic Gzim and Mucaj Arlinda
Seller's Agent
Melissa Cosentino
Triolo Realty Group, Inc.
Buyer's Agent
Melissa Cosentino
Triolo Realty Group, Inc.
List Price
$1,099,999
Sold Price
$1,065,000
Premium/Discount to List
-$34,999
-3.18%
Views
1
Current Estimated Value
$1,147,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,343
Avg. Annual Appreciation
0.01%
Original Mortgage
$745,500
Outstanding Balance
$731,395
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$333,774
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
Dragovic Gzim $1,065,000 Wfg National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dragovic Gzim $745,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $1,065,000 -3.2% $212 / Sq Ft
07/16/2023 07/16/23 Off Market $1,099,999 -- --
05/18/2023 05/18/23 For Sale $1,099,999 -- $219 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $9,635 $106,320 $6,428 $99,892
2024 $9,635 $113,520 $5,679 $107,841
2023 $9,191 $45,257 $5,783 $39,474
2022 $8,523 $88,860 $13,440 $75,420
2021 $8,985 $75,660 $13,440 $62,220
2020 $8,970 $65,400 $13,440 $51,960
2019 $8,363 $56,820 $13,440 $43,380
2018 $7,688 $37,714 $12,553 $25,161
2017 $7,253 $35,580 $13,440 $22,140
2016 $7,329 $36,660 $13,440 $23,220
2015 $7,083 $37,600 $10,511 $27,089
2014 $7,083 $36,909 $9,181 $27,728
Source: Public Records

Agents Affiliated with this Home

  • Melissa Cosentino

    Seller's Agent in 2023

    Melissa Cosentino

    Triolo Realty Group, Inc.

    (347) 563-7968

    1 in this area

    28 Total Sales

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1162052

Staten Island Multiple Listing Service

APN: 03324-0003

New York Richmond County Staten Island 10305 Dongan Hills

247 Reid Ave, Staten Island, NY

This home is located at 247 Reid Ave, Staten Island, NY 10305 since 18 May 2023 and is currently estimated at $1,147,343, approximately $228 per square foot. This property was built in 1920. 247 Reid Ave is a home located in Richmond County with nearby schools including P.S. 052 John C. Thompson, Is 2 George L Egbert, and New Dorp High School.

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