NOT LISTED FOR SALE

Estimated Value: $1,210,000 - $1,426,000

5 Beds
3 Baths
2,422 Sq Ft
$532/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $1,130,000 $467 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,730/month

14 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • 1 Car Attached Garage
  • I.S. 230 Rated A-
  • Main Floor Bedroom
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of December 2022

Great Investment Opportunity All Brick 3 Story Two Family In The Heart of East Elmhurst. The Property Consists of 5 Bedrooms 3 Full Bathrooms With A Walkout Basement and Balcony Access To Private Backyard. 2 Parking Spaces And One Car Garage. Mid-block Location, 19.83 ft x 46 ft. Close To Public Transportation, Restaurants, Shopping And Highways. The Tenants Are All On Month To Month Leases And There Is Upside On The Rent Roll. Gross Income $65,100.

Last Agent to Sell the Property

George Panagopoulos

Douglas Elliman Real Estate License #10301219907 Listed on: 10/13/2022

Douglas Elliman Real Estate

Last Buyer's Agent

Shengrong Jin

E Realty International Corp License #10401350386

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,531

Year Built

  • Built in 1965

Lot Details

  • 1,983 Sq Ft Lot
  • Lot Dimensions are 19.83x100
  • No Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,422 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 152 Gwendoline N Alleyne Elementary School
  • Is 145 Joseph Pulitzer Middle School
  • William Cullen Bryant High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • 1 Heating Zone
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Legal Lot and Block 57 / 1122
  • Assessor Parcel Number 01122-0057

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,531

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Property Condition: Good
  • Levels: Three Or More
  • Building Size: 19.83 ft x 46 ft
  • Year Built: 1965
  • New Construction: No
  • Attribution Contact: 516-621-3555
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Oven, Refrigerator
  • Interior Amenities: 1st Floor Bedrm, Living Room / Dining Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Walk-Out Access
  • Inclusions: Dishwasher, Refrigerator
  • Total Bedrooms: 5
  • Living Area: 2422.00
  • Kitchens: 2
  • Square Footage: 2422.00

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Report: No

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 152 Gwendoline N Alleyne
  • Middle School: Is 145 Joseph Pulitzer
  • High School: William Cullen Bryant High School
  • Middle School: Is 145 Joseph Pulitzer

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Dimensions: 19.83x100
  • Lot Size Sq Ft: 1983.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 01122-0057
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2022-12-19
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 10530.68
  • Tax Block: 1122
  • Tax Lot: 57
  • Tax Map Number: 01122-0057

Multi Family

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

MLS Schools

  • Elementary School: Ps 152 Gwendoline N Alleyne
  • High School: William Cullen Bryant High School
  • Middle School District: Queens 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Dec 19, 2022
Sold by
Hsu Living Trust Dated /1998 and Jeffrey Hsu As Successor Co-Trustee
Bought by
Jin Shengrong and Lin Yang
Seller's Agent
George Panagopoulos
Douglas Elliman Real Estate
Buyer's Agent
Shengrong Jin
E Realty International Corp
List Price
$1,190,000
Sold Price
$1,130,000
Premium/Discount to List
-$60,000
-5.04%
Views
35
Current Estimated Value
$1,289,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,560
Avg. Annual Appreciation
4.80%

Purchase Details

Closed on
Jul 16, 1998
Sold by
Hsu Henry and Hsu Irene
Bought by
Hsu Henry and Hsu Irene
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
Jin Shengrong $1,130,000 --
Jin Shengrong $1,130,000 --
Hsu Henry -- --
Hsu Henry -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2022 12/19/22 Sold $1,130,000 -5.0% $467 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $1,190,000 -- $491 / 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 $10,715 $56,548 $7,428 $49,120
2024 $10,715 $53,347 $8,103 $45,244
2023 $10,713 $52,751 $7,419 $45,332
2022 $10,531 $62,460 $10,380 $52,080
2021 $10,512 $61,800 $10,380 $51,420
2020 $9,975 $65,880 $10,380 $55,500
2019 $9,300 $64,620 $10,380 $54,240
2018 $8,961 $43,959 $8,014 $35,945
2017 $8,961 $43,959 $9,118 $34,841
2016 $8,321 $43,959 $9,118 $34,841
2015 $5,002 $39,269 $9,999 $29,270
2014 $5,002 $37,047 $9,730 $27,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3437065

OneKey® MLS

APN: 01122-0057