$1,690,000
SOLD FEB 13, 2025
6 Beds
3 Baths
-- Sq Ft
2,500 Sq Ft Lot

Recently Sold

15% Below List Price

67 Days on Market

Highlights

  • Property is near public transit
  • 1-minute walk to Broadway (N Line)
  • Hot Water Heating System
  • P.S. 234Q The School of Performing Arts & Technology Rated A-
  • Attached Garage
  • Level Lot

About This Home

As of February 2025

CALLING ALL INVESTORS- PRIME REAL ESTATE OPPORTUNITY IN THE VIBRANT NEIGHBORHOOD OF ASTORIA. This LEGAL 3 FAMILY Home offers unparalleled potential for rental income or a possible development project . Zoning R6B, Building Class, 3 family, Residential Far 2, Facility Far 2, Far as Built 1.21. Building Dimensions 20x52, Maximum Usable Floor Area - 5,000. Usable Floor Area As built 3,025. Unused Far 1,975, OR a buyer in search of money making rental property. Currently there are 3 tenants that have been living there for 10 plus years. 2 Bedrooms and 1 full bath on each floor with spacious living area, full kitchens and tons of natural light. This property is well maintained, Private Driveway and 1 car garage. Great Location - Conveniently situated near transportation, supermarkets, and a variety of dining options. Do not pass this opportunity up., Additional information: Appearance:Excellent

Last Agent to Sell the Property

Peter Raneri

EXIT Realty Premier Brokerage Phone: 516-795-1000 License #10301220452 Listed on: 07/27/2024

EXIT Realty Premier

Co-Listed By

Chris Boylan

EXIT Realty Premier Brokerage Phone: 516-795-1000 License #10301215779

EXIT Realty Premier

Last Buyer's Agent

Chris Boylan

EXIT Realty Premier Brokerage Phone: 516-795-1000 License #10301215779

EXIT Realty Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,528

Year Built

  • Built in 1940

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • Level Lot

Home Design

  • Triplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Driveway

Schools

  • Ps 234 Elementary School
  • Albert Shanker Sch-Visual/Perf Arts Middle School
  • Long Island City High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 16 / 589
  • Assessor Parcel Number 00589-0016

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,528

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Triplex
  • Levels: Two
  • Year Built: 1940
  • Attribution Contact: 516-795-1000
  • Co List Office Mls Id: KEYEREA02
  • Co List Office Phone: 516-795-1000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 6
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Attached, Driveway, Private

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Natural Gas, Hot Water
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Albert Shanker Sch-Visual/Perf Arts

Lot Info

  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500
  • Lot Features: Near Public Transit, Near Shops, Level
  • Parcel Number: 00589-0016
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 11527.56
  • Tax Block: 589
  • Tax Lot: 16

MLS Schools

  • Elementary School: Ps 234
  • High School: Long Island City High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2024
Closed on
Feb 13, 2025
Sold by
Helen Andromanakos Irrevocable Trust and Nicholas Andromanakos As Trustee
Bought by
Tianhe Ventures Realty Llc
Seller's Agent
Peter Raneri
EXIT Realty Premier
Buyer's Agent
Chris Boylan
EXIT Realty Premier
List Price
$1,999,999
Sold Price
$1,690,000
Premium/Discount to List
-$309,999
-15.5%
Views
2
Current Estimated Value
$1,689,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$731
Avg. Annual Appreciation
-0.08%
Original Mortgage
$690,000
Outstanding Balance
$687,161
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,002,108

Purchase Details

Closed on
Feb 14, 2020
Sold by
Andromanakos and Kyriakides
Bought by
Andromanakos As Trustee Nicholas and Helen Andromanakos Irrevocable Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,690,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $690,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Sold $1,690,000 -15.5% --
10/02/2024 10/02/24 Pending -- -- --
07/27/2024 07/27/24 For Sale $1,999,999 -- --
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 $11,995 $59,719 $9,407 $50,312
2024 $11,995 $59,719 $10,110 $49,609
2023 $11,515 $57,329 $8,210 $49,119
2022 $8,372 $115,440 $17,400 $98,040
2021 $11,101 $108,300 $17,400 $90,900
2020 $10,534 $93,120 $17,400 $75,720
2019 $10,410 $79,740 $17,400 $62,340
2018 $9,739 $47,774 $8,915 $38,859
2017 $9,499 $46,596 $11,927 $34,669
2016 $8,788 $46,596 $11,927 $34,669
2015 $5,302 $41,472 $10,642 $30,830
2014 $5,302 $41,472 $12,771 $28,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3568584

OneKey® MLS

APN: 00589-0016