NOT LISTED FOR SALE

32-40 87th St Flushing, NY 11369

Jackson Heights Neighborhood

Estimated Value: $1,171,176

4 Beds
3 Baths
-- Sq Ft
2,000 Sq Ft Lot

Last Sold June 11, 2024

Last sale price $1,140,000

Est. 3% increase in value since last sale

Current estimated payment $7,010/month

37 Days on Market

Highlights

  • Colonial Architecture
  • Heating System Uses Steam
  • 5-minute walk to Playground Ninety

About This Home

As of June 2024

This home is located at 32-40 87th St, Flushing, NY 11369 since 12 February 2024 and is currently estimated at $1,171,176. This property was built in 1940. 32-40 87th St is a home located in Queens County with nearby schools including P.S. 148, I.S. 145 Joseph Pulitzer Magnet School, and Newtown High School.

Last Agent to Sell the Property

Henry Toro

Winzone Realty Inc Brokerage Phone: 718-899-7000 License #30TO1020206 Listed on: 02/12/2024

Winzone Realty Inc

Last Buyer's Agent

Jamie Lin

Winzone Realty Inc License #10401358024

Winzone Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,835

Year Built

  • Built in 1940

Lot Details

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

Parking

  • Shared Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Middle College High Sch At Laguardia
  • William Cullen Bryant High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Cooktop
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 26 / 1416
  • Assessor Parcel Number 01416-0026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,835

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1940
  • New Construction: No
  • Attribution Contact: 718-899-7000
  • BuildingSize: 20x33
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Cooktop, Dryer, Refrigerator, Washer
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Inclusions: Cook Top,Dryer,Refrigerator,Washer
  • Total Bedrooms: 4
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Shared Driveway, Other

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Steam
  • Sewer: Other
  • Water Source: See Remarks
  • Hot Water: See Remarks
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Middle College High Sch At Laguardia

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Parcel Number: 01416-0026
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 5835
  • Tax Block: 1416
  • Tax Lot: 26
  • Tax Map Number: 01416-0026

MLS Schools

  • High School: William Cullen Bryant High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Jun 10, 2024
Sold by
Correa Bernardo
Bought by
Qiu Jia Hang and Wang Xiu Rong
Seller's Agent
Henry Toro
Winzone Realty Inc
Buyer's Agent
Jamie Lin
Winzone Realty Inc
List Price
$1,198,000
Sold Price
$1,140,000
Premium/Discount to List
-$58,000
-4.84%
Total Days on Market
37
Views
38
Current Estimated Value
$1,171,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,176
Avg. Annual Appreciation
1.67%
Original Mortgage
$684,000
Outstanding Balance
$678,266
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$481,581

Purchase Details

Closed on
Nov 10, 2014
Sold by
Arce Margareth and Castro Omar Pena
Bought by
Correa Bernardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2014
Sold by
Jordan Nazly and Pena Castro Omar
Bought by
Arce Margareth and Jordan Nazly

Purchase Details

Closed on
Jan 26, 2009
Sold by
Arce Margareth and Jordan Nazly
Bought by
Arce Margareth and Jordan Nazly

Purchase Details

Closed on
Jan 19, 2006
Sold by
Diaz-Acosta Luz Yanet and Diaz-Acosta Ubaldo
Bought by
Castro Omar Pena and Jordan Nazly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,150
Interest Rate
6.31%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Qiu Jia Hang $1,140,000 --
Correa Bernardo $385,000 --
Correa Bernardo $385,000 --
Arce Margareth -- --
Arce Margareth -- --
Arce Margareth -- --
Arce Margareth -- --
Castro Omar Pena $692,000 --
Castro Omar Pena $692,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qiu Jia Hang $684,000
Previous Owner Correa Bernardo $495,995
Previous Owner Correa Bernardo $300,000
Previous Owner Castro Omar Pena $158,150
Previous Owner Castro Omar Pena $533,850
Previous Owner Diaz-Acosta Luz Yanet $405,000
Previous Owner Diaz Acosta Ubaldo $340,000
Previous Owner Diaz Acosta Ubaldo $40,000
Previous Owner Diaz Acosta Ubaldo $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $1,140,000 -3.2% --
03/21/2024 03/21/24 Pending -- -- --
02/28/2024 02/28/24 Price Changed $1,178,000 -1.7% --
02/12/2024 02/12/24 For Sale $1,198,000 -- --
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
2024 $5,835 $46,675 $21,958 $24,717
2023 $5,835 $46,675 $19,151 $27,524
2022 $5,534 $181,800 $89,550 $92,250
2021 $5,137 $141,750 $89,550 $52,200
2020 $4,837 $171,450 $89,550 $81,900
2019 $4,528 $165,150 $89,550 $75,600
2018 $4,567 $35,904 $18,704 $17,200
2017 $4,425 $34,791 $19,285 $15,506
2016 $4,153 $34,791 $19,285 $15,506
2015 $3,461 $29,828 $18,152 $11,676
2014 $3,461 $27,619 $13,438 $14,181
Source: Public Records

Agents Affiliated with this Home

  • Henry Toro

    Seller's Agent in 2024

    Henry Toro

    Winzone Realty Inc

    (646) 729-7242

    6 in this area

    13 Total Sales

    Henry Toro
    Section Image

  • J

    Buyer's Agent in 2024

    Jamie Lin

    Winzone Realty Inc

    (718) 899-7000

    1 in this area

    2 Total Sales

    Jamie Lin
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3531124

OneKey® MLS

APN: 01416-0026

New York Queens County Flushing 11369 Jackson Heights

32-40 87th St, Flushing, NY

This home is located at 32-40 87th St, Flushing, NY 11369 since 12 February 2024 and is currently estimated at $1,171,176. This property was built in 1940. 32-40 87th St is a home located in Queens County with nearby schools including P.S. 148, I.S. 145 Joseph Pulitzer Magnet School, and Newtown High School.

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