NOT LISTED FOR SALE

Estimated Value: $597,398 - $845,000

5 Beds
2 Baths
1,188 Sq Ft
$634/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $699,000 $588 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,461/month

23 Days on Market

Highlights

  • 0.11 Acre Lot
  • Wood Flooring
  • 2 Car Detached Garage
  • Property is near public transit
  • Corner Lot
  • Porch

About This Home

As of September 2023

Perfect investment property with plenty of potential being sold as is. This corner property is a legal fully detached 2 family home offering tremendous opportunities for rental income. The first-floor walk-out unit is a 2-bedroom, 1-bathroom. The second-floor unit is a 3-bedroom, 1-bathroom. Hardwood floors as seen, new bay windows, and stainless-steel appliances. Close to shopping and public transportation. Call us to schedule an appointment today!

Last Agent to Sell the Property

Vincent Ferrante

Keller Williams Realty NYC Grp License #40FE0934366 Listed on: 05/08/2023

Keller Williams Realty NYC Grp

Last Buyer's Agent

Kevin Brooks

Kevin Brooks Realty, LLC License #49BR0830791

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,246

Year Built

  • Built in 1950

Lot Details

  • 4,748 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,188 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 05419-0077

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,246

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 5
  • Living Area: 1188
  • SquareFootage: 1188.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Patio and Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4748
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 05419-0077
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 6246
  • Tax Map Number: 05419-0077

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

Listed on
May 8, 2023
Closed on
Sep 20, 2023
Sold by
John W Cuthel Revocable Trust Of 2018 and Madeiros Successor Trustee Marianne
Bought by
Nunez Juan Carlos Frias
Seller's Agent
Vincent Ferrante
Keller Williams Realty NYC Grp
Buyer's Agent
Kevin Brooks
Kevin Brooks Realty, LLC
List Price
$699,000
Sold Price
$699,000
Views
156
Current Estimated Value
$752,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,850
Avg. Annual Appreciation
3.29%
Original Mortgage
$721,687
Outstanding Balance
$706,080
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$46,770

Purchase Details

Closed on
Nov 2, 2018
Sold by
Cuthel John W
Bought by
John W Cuthel Revocable Trust Of 2018 and John W Cuthel Trustee

Purchase Details

Closed on
Jan 24, 2017
Sold by
John Cuthel Trustee
Bought by
Cuthel John

Purchase Details

Closed on
Aug 20, 2004
Sold by
Cuthel Eleanor M
Bought by
Eleanor M Cuthel As Trustee
Source: Public Records
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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
Nunez Juan Carlos Frias $735,000 --
Nunez Juan Carlos Frias $735,000 --
John W Cuthel Revocable Trust Of 2018 $450,000 --
John W Cuthel Revocable Trust Of 2018 $450,000 --
Cuthel John -- --
Cuthel John -- --
Eleanor M Cuthel As Trustee -- --
Eleanor M Cuthel As Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Juan Carlos Frias $721,687
Closed Nunez Juan Carlos Frias $721,687
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $699,000 0.0% $588 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $699,000 -- $588 / 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 $6,351 $33,178 $9,093 $24,085
2024 $6,351 $31,622 $9,174 $22,448
2023 $6,247 $30,758 $8,156 $22,602
2022 $5,790 $38,880 $11,280 $27,600
2021 $6,167 $34,920 $11,280 $23,640
2020 $5,852 $35,640 $11,280 $24,360
2019 $5,513 $36,720 $11,280 $25,440
2018 $5,225 $25,632 $7,747 $17,885
2017 $5,196 $25,488 $8,744 $16,744
2016 $3,744 $24,422 $10,653 $13,769
2015 $2,198 $23,040 $12,540 $10,500
2014 $2,198 $21,960 $12,540 $9,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6247613

OneKey® MLS

APN: 05419-0077