NOT LISTED FOR SALE

248-16 43rd Ave Flushing, NY 11363

Douglaston Neighborhood

Estimated Value: $1,364,175 - $1,902,000

6 Beds
3.5 Baths
2,064 Sq Ft
$787/Sq Ft Est. Value

Last Sold August 30, 2017

Last sale price $1,280,000 $620 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $9,879/month

72 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System
  • P.S. 94 - David D. Porter Rated A
  • Patio
  • 3-minute walk to Admiral Playground

About This Home

As of August 2017

An Investor's Dream,A Rare Opportunity!!! Well Maintained Fully Occupied 2 Family Home Situated In An Ideally Location. This Property Offers 6 Bedrooms, 3.5 Baths, 2 Beautiful Modern Kitchen With Granite Counter Top, Sunken Living/Dining Room, Full Finished Basement W/Ose & 1 Car Garage. Close To Shops, Buses & Lirr. *A Must See*, Additional information: Appearance:Excellent,Interior Features:Lr/Dr,Separate Hotwater Heater:Y

Last Agent to Sell the Property

Eva Lee

Douglas Elliman Real Estate Brokerage Phone: 516-365-5780 License #40WE1004975 Listed on: 04/18/2017

Douglas Elliman Real Estate

Last Buyer's Agent

Eva Lee

Douglas Elliman Real Estate Brokerage Phone: 516-365-5780 License #40WE1004975 Listed on: 04/18/2017

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,055

Year Built

  • Built in 2005

Lot Details

  • 3,391 Sq Ft Lot
  • Lot Dimensions are 53x63

Parking

  • Private Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main

Utilities

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

Additional Features

  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Patio

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 6 / 8118
  • Assessor Parcel Number 08118-0006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,055

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 2005
  • Attribution Contact: 516-365-5780
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • Patio and Porch Features: Patio

Garage/Parking

  • Parking Description: Private

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 53X63
  • Lot Size Sq Ft: 3391
  • Building Area Total: 2064
  • Parcel Number: 08118-0006
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 9055
  • Tax Block: 8118
  • Tax Lot: 6

MLS Schools

  • Middle School District: Queens 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2023
Sold by
Mila Property Inc
Bought by
Marathon Parkway Llc
Current Estimated Value
$1,625,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$984,750
Outstanding Balance
$969,616
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$655,678

Purchase Details

Listed on
Apr 18, 2017
Closed on
Aug 30, 2017
Sold by
Lau Hoi Kan and Lau Shing Lung
Bought by
Mila Property Inc
Seller's Agent
Eva Lee
Douglas Elliman Real Estate
Buyer's Agent
Eva Lee
Douglas Elliman Real Estate
List Price
$1,495,000
Sold Price
$1,280,000
Premium/Discount to List
-$215,000
-14.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%

Purchase Details

Closed on
Aug 21, 2007
Sold by
Rehanian Shokrollah
Bought by
The Milano Group Llc and Lau Shing Lung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 1999
Sold by
Demaio Caroline
Bought by
Demaio Rocco
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
Marathon Parkway Llc $1,515,000 --
Marathon Parkway Llc $1,515,000 --
Mila Property Inc $1,280,000 --
Mila Property Inc $1,280,000 --
The Milano Group Llc -- --
Lau Hoi Kan $900,000 --
The Milano Group Llc -- --
Demaio Rocco -- --
Demaio Rocco -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marathon Parkway Llc $984,750
Closed Marathon Parkway Llc $984,750
Previous Owner Lau Hoi Kan $390,000
Previous Owner The Milano Group Llc $0
Previous Owner Demaio Rocco $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Off Market $1,280,000 -- --
08/30/2017 08/30/17 Sold $1,280,000 -8.2% $620 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
05/04/2017 05/04/17 Price Changed $1,395,000 -6.7% $676 / Sq Ft
04/18/2017 04/18/17 For Sale $1,495,000 -- $724 / 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 $12,280 $62,908 $9,255 $53,653
2024 $12,280 $61,139 $9,976 $51,163
2023 $11,945 $59,470 $9,205 $50,265
2022 $11,741 $82,260 $12,120 $70,140
2021 $11,694 $72,840 $12,120 $60,720
2020 $11,096 $72,480 $12,120 $60,360
2019 $10,658 $75,420 $12,120 $63,300
2018 $10,102 $49,558 $8,086 $41,472
2017 $9,991 $49,010 $10,939 $38,071
2016 $9,257 $49,010 $10,939 $38,071
2015 $5,576 $43,686 $13,283 $30,403
2014 $5,576 $42,458 $12,909 $29,549
Source: Public Records

Agents Affiliated with this Home

  • Eva Lee

    Seller's Agent in 2017

    Eva Lee

    Douglas Elliman Real Estate

    (516) 859-1887

    1 in this area

    28 Total Sales

    Eva Lee
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Map

Source: OneKey® MLS

MLS Number: L2930312

OneKey® MLS

APN: 08118-0006

New York Queens County Flushing 11363 Douglaston

248-16 43rd Ave, Flushing, NY

This home is located at 248-16 43rd Ave, Flushing, NY 11363 since 18 April 2017 and is currently estimated at $1,625,294, approximately $787 per square foot. This property was built in 2005. 248-16 43rd Ave is a home located in Queens County with nearby schools including P.S. 94 - David D. Porter, Louis Pasteur Middle School 67, and Benjamin N Cardozo High School.

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