31-18 88th St East Elmhurst, NY 11369
Jackson Heights Neighborhood
7
Beds
2
Baths
2,300
Sq Ft
2,400
Sq Ft Lot
Highlights
- Colonial Architecture
- Wood Flooring
- Walk-In Closet
- Property is near public transit
- 2 Car Detached Garage
- 4-minute walk to Playground Ninety
About This Home
As of March 2025Discover this beautiful property featuring a spacious layout ideal for both living and investment. The upper unit boasts 7 rooms, including 4 inviting bedrooms, while the lower unit offers 6 rooms with 3 comfortable bedrooms. Natural light floods the space, thanks to skylight and ample windows, highlighting the original hardwood floors throughout. The fully finished basement provides versatile living options with two separate entrances-one from the side and another through the backyard. The property includes a convenient 2-car detached garage with an automatic door, adding to its appeal. With a very high rent roll potential, this home is perfect for investors or those seeking extra income. Unlock the potential of this vacant house, perfect for investors looking to start collecting rent right after closing! Conveniently located near Astoria Blvd and Northern Blvd, you'll have easy access to the Grand Central Parkway, LaGuardia Airport, schools, shops, restaurants, and public transportation. Don't miss out on this exceptional opportunity-make this stunning home yours today!, Additional information: Appearance:Excellent
Last Agent to Sell the Property
E Realty International Corp Brokerage Phone: 718-886-8110 License #10401237304 Listed on: 10/20/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,200
Year Built
- Built in 1930 | Remodeled in 2018
Lot Details
- 2,400 Sq Ft Lot
- Lot Dimensions are 24x100
- 1 Common Wall
- Private Entrance
Home Design
- Duplex
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- 2,300 Sq Ft Home
- 3-Story Property
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 7 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Parking
- 2 Car Detached Garage
- Garage Door Opener
Location
- Property is near public transit
Schools
- Ps 148 Elementary School
- Is 145 Joseph Pulitzer Middle School
- Newtown High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Radiant Heating System
Listing and Financial Details
- Legal Lot and Block 14 / 1399
- Assessor Parcel Number 01399-0014
Community Details
Overview
- 2 Units
Recreation
- Park
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2024
Closed on
Mar 10, 2025
Sold by
Chin King Hong and Dong Tao
Bought by
1688 Property Llc
Seller's Agent
Rong Dong
E Realty International Corp
Buyer's Agent
Ping Sang Cheng
Winzone Realty Inc
List Price
$1,450,000
Sold Price
$1,350,000
Premium/Discount to List
-$100,000
-6.9%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,520
Avg. Annual Appreciation
-1.30%
Original Mortgage
$945,000
Outstanding Balance
$942,640
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$400,840
Purchase Details
Listed on
Jun 5, 2024
Closed on
Aug 28, 2024
Sold by
Hamilton Ena M
Bought by
Chin King Hong and Dong Tao
Seller's Agent
David Kong
Keller Williams Points North
Buyer's Agent
David Kong
Keller Williams Points North
List Price
$1,100,000
Sold Price
$1,100,000
Views
88
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.12%
Original Mortgage
$715,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,350,000 | -- | |
| Deed | $1,100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $945,000 | Purchase Money Mortgage | |
| Previous Owner | $715,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2025 03/12/25 | Sold | $1,350,000 | -6.9% | $587 / Sq Ft |
| 11/27/2024 11/27/24 | Pending | -- | -- | -- |
| 10/20/2024 10/20/24 | For Sale | $1,450,000 | +31.8% | $630 / Sq Ft |
| 08/28/2024 08/28/24 | Sold | $1,100,000 | 0.0% | -- |
| 06/11/2024 06/11/24 | Pending | -- | -- | -- |
| 06/07/2024 06/07/24 | For Sale | $1,100,000 | 0.0% | -- |
| 06/06/2024 06/06/24 | Off Market | $1,100,000 | -- | -- |
| 06/05/2024 06/05/24 | For Sale | $1,100,000 | -- | -- |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $8,710 | $49,994 | $6,386 | $43,608 |
| 2024 | $8,814 | $47,165 | $6,989 | $40,176 |
| 2023 | $8,174 | $44,496 | $5,994 | $38,502 |
| 2022 | $8,083 | $67,440 | $9,780 | $57,660 |
| 2021 | $8,557 | $70,980 | $9,780 | $61,200 |
| 2020 | $8,160 | $65,940 | $9,780 | $56,160 |
| 2019 | $7,563 | $65,520 | $9,780 | $55,740 |
| 2018 | $6,900 | $37,080 | $7,860 | $29,220 |
| 2017 | $6,793 | $36,494 | $7,776 | $28,718 |
| 2016 | $6,675 | $36,494 | $7,776 | $28,718 |
| 2015 | $3,714 | $34,719 | $10,669 | $24,050 |
| 2014 | $3,714 | $32,754 | $10,419 | $22,335 |
Source: Public Records
Agents Affiliated with this Home
-
Rong Dong
Seller's Agent in 2025
Rong Dong
E Realty International Corp
(917) 969-8898
2 in this area
34 Total Sales
-
Ping Sang Cheng
P
Buyer's Agent in 2025
Ping Sang Cheng
Winzone Realty Inc
2 in this area
30 Total Sales
-
David Kong
Seller's Agent in 2024
David Kong
Keller Williams Points North
(917) 755-9380
1 in this area
48 Total Sales
Map
Source: OneKey® MLS
MLS Number: L3586273
APN: 01399-0014
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.
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