NOT LISTED FOR SALE

Estimated Value: $1,518,000 - $1,849,000

5 Beds
4 Baths
2,760 Sq Ft
$620/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $1,600,000 $580 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $10,079/month

95 Days on Market

Highlights

  • Terrace
  • 4-minute walk to Steinway Street
  • Garden
  • Intercom
  • Building Terrace
  • 4-minute walk to Playground Thirty Five

About This Home

As of January 2023

LOCATION***LOCATION***LOCATION

This wonderful multifamily family home is located on a quiet street just a block away from the shopping mall on Steinway and the M/R subway lines!
The house is a huge income producer. Apartments are modern and renovated.
A one bedroom apartment on the first floor and the basement have access to the backyard. The second floor two bedroom has a private terrace. The second two bedroom has a beautiful garden view.
The building has a lot of updates. Bring your offers!
Call or email me for details and to schedule your private tour.

Last Agent to Sell the Property

Oxana Skorniakova

Compass License #10401344800 Listed on: 08/11/2022

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,554

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 20.0 x 100.0
  • Garden

Interior Spaces

  • 2,760 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Terrace

Community Details

  • Long Island City Subdivision
  • Building Terrace

Listing and Financial Details

  • Legal Lot and Block 16 / 677

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,554

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: Broadway/34th Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Long Island City
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 2760.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1965

Tax Info

  • Tax Block: 677
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Jan 17, 2023
Sold by
Riggs Jason and Riggs Jessica
Bought by
Ahmed Fahmina and Horwitz Jesse
Seller's Agent
Oxana Skorniakova
Compass
List Price
$1,690,000
Sold Price
$1,600,000
Premium/Discount to List
-$90,000
-5.33%
Views
18
Current Estimated Value
$1,710,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,350
Avg. Annual Appreciation
2.38%
Original Mortgage
$1,002,000
Outstanding Balance
$967,238
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$743,112

Purchase Details

Closed on
Apr 5, 2006
Sold by
Pagan Meri
Bought by
Riggs Jason and Riggs Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ahmed Fahmina $1,600,000 --
Ahmed Fahmina $1,600,000 --
Riggs Jason $499,000 --
Riggs Jason $499,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Fahmina $1,002,000
Closed Ahmed Fahmina $1,002,000
Previous Owner Riggs Jason $50,000
Previous Owner Riggs Jason $399,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2023 01/17/23 Sold $1,600,000 -5.3% $580 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $1,690,000 -- $612 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $12,554 $66,254 $6,794 $59,460
2024 $12,554 $62,504 $6,773 $55,731
2023 $12,120 $60,344 $6,536 $53,808
2022 $8,524 $102,960 $12,360 $90,600
2021 $11,981 $86,880 $12,360 $74,520
2020 $11,687 $90,900 $12,360 $78,540
2019 $10,896 $90,660 $12,360 $78,300
2018 $10,251 $50,287 $9,299 $40,988
2017 $9,671 $47,443 $8,425 $39,018
2016 $9,484 $47,443 $8,425 $39,018
2015 $5,398 $46,010 $12,410 $33,600
2014 $5,398 $43,406 $12,909 $30,497
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10821933

Real Estate Board of New York (REBNY)

APN: 00677-0016