NOT LISTED FOR SALE

Estimated Value: $1,092,000 - $1,322,000

5 Beds
2 Baths
1,680 Sq Ft
$734/Sq Ft Est. Value

Last Sold February 27, 2024

Last sale price $1,160,000 $690 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,369/month

77 Days on Market

Highlights

  • Property is near public transit
  • 1-minute walk to 46 Street
  • 2 Car Detached Garage
  • Wood Flooring
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of February 2024

Welcome to 31-51 47th Street! This 2 family brick home offers high ceilings, detailed woodwork & recently refinished hard wood floors throughout. The first apartment consists of a brand-new eat-in-kitchen, living room, 2 bedrooms and a full bath. The second unit has an eat-in-kitchen, living room, 3 bedrooms & a full bath. The large, unfinished basement, which has loads of potential, has entrances at both the front & back of the building. This home has two-car dethatched garage that is accessible from the community driveway. Minutes to the 46th Street train station, & in close proximity to shops, restaurants, and more.

Last Agent to Sell the Property

Kenneth Nugent

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 516-678-1510 License #10401238493 Listed on: 10/26/2023

Daniel Gale Sothebys Intl Rlty

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,614

Year Built

  • Built in 1920

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • Two or More Common Walls

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Schools

  • Ps 151 Mary D Carter Elementary School
  • Is 10 Horace Greeley Middle School
  • William Cullen Bryant High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Legal Lot and Block 19 / 727
  • Assessor Parcel Number 00727-0019

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

$9,614

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 516-678-1510
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Granite Counters
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Bilco Door(s), Full, Walk-Out Access
  • Inclusions: A/C Units,Dryer,Refrigerator,Second Stove,Washer
  • Total Bedrooms: 5
  • Living Area: 1680
  • SquareFootage: 1680.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame, Brick
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1
  • SeparateHotwaterHeaterDetail: y

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 10 Horace Greeley

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 00727-0019
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity
  • Available Date: 2024-03-01

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 2
  • NumberOf2Bedrooms: 3

Tax Info

  • Tax Annual Amount: 9614.28
  • Tax Block: 727
  • Tax Lot: 19
  • Tax Map Number: 00727-0019
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Ps 151 Mary D Carter
  • 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 26, 2023
Closed on
Feb 27, 2024
Sold by
Estate Of Peter J Malley and Malley
Bought by
Kosmaci Luigjino
Seller's Agent
Kenneth Nugent
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Non Member
NonMember
List Price
$1,299,000
Sold Price
$1,160,000
Premium/Discount to List
-$139,000
-10.7%
Views
218
Current Estimated Value
$1,232,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,925
Avg. Annual Appreciation
4.08%
Original Mortgage
$1,138,989
Outstanding Balance
$1,121,147
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$112,549

Purchase Details

Closed on
Nov 19, 2005
Sold by
Pavone Estate Of Patrick and Pavone
Bought by
Malley Peter J and Malley Scott G
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
Kosmaci Luigjino $1,160,000 --
Kosmaci Luigjino $1,160,000 --
Malley Peter J -- --
Malley Peter J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kosmaci Luigjino $1,138,989
Closed Kosmaci Luigjino $1,138,989
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $1,160,000 -10.7% $690 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
10/26/2023 10/26/23 For Sale $1,299,000 -- $773 / 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 $9,595 $50,164 $8,997 $41,167
2024 $9,595 $47,774 $9,732 $38,042
2023 $9,508 $47,340 $9,419 $37,921
2022 $8,916 $71,640 $13,860 $57,780
2021 $8,867 $69,360 $13,860 $55,500
2020 $8,848 $59,640 $13,860 $45,780
2019 $8,328 $65,700 $13,860 $51,840
2018 $8,042 $39,450 $11,820 $27,630
2017 $6,219 $37,218 $13,309 $23,909
2016 $2,522 $37,218 $13,309 $23,909
2015 $1,469 $34,836 $11,985 $22,851
2014 $1,469 $33,177 $12,043 $21,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3512940

OneKey® MLS

APN: 00727-0019