NOT LISTED FOR SALE

Estimated Value: $999,000 - $1,205,000

8 Beds
3 Baths
3,000 Sq Ft
$362/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $890,000 $297 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,415/month

126 Days on Market

Highlights

  • Cooling Available
  • 3-minute walk to 53 Street
  • 4-minute walk to Pena Herrera Playground
  • Heating System Uses Steam

About This Home

As of July 2021

This 3-Family Bayed Row House in Sunset Park has 8 class B units. It's a 3-story SRO with a plethora of potential, offering high ceilings, 5 fireplaces (non-working) & plenty of original detail. The ground floor has 2 units with a shared bathroom, the 2nd floor has 3 units (2 vacant) also sharing a bathroom and 3 more units & a bathroom on the 3rd floor. All tenants paying below market rents. Six of the units have kitchens, and 2 of the units are 2-room units. There's a nice size backyard, a hallway skylight, and a new roof (2017). Near Industry City, transportation, and shopping. R6B zoning FAR is 2, possible expansion of 1000SF. Consult with your architect. Building is offered ''as is'' cash.

Last Agent to Sell the Property

Rita Colon-Burnett

BHGRE Safari Realty License #10401228410 Listed on: 07/09/2020

Last Buyer's Agent

Broker Non-MLS

MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,542

Year Built

  • Built in 1910

Lot Details

  • 2,003 Sq Ft Lot
  • Lot Dimensions are 20 x 48

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 3-Story Property

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • 110 Volts

Community Details

  • 8 Units
  • Gross Income $57,000

Listing and Financial Details

  • Legal Lot and Block 0063 / 00790
  • Assessor Parcel Number 00790-0063

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,542

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: 3F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Lot Size: 20 X 48
  • Modification Timestamp: 2024-09-26
  • Directions: Turn on 4th Ave.
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1910
  • General Property Info:Public Remarks3: This 3-Family Bayed Row House in Sunset Park has 8 class B units. It's a 3-story SRO with a plethora of potential, offering high ceilings, 5 fireplaces (non-working) & plenty of original detail. The ground floor has 2 units with a shared bathroom, the 2nd floor has 3 units (2 vacant) also sharing a bathroom and 3 more units & a bathroom on the 3rd floor. All tenants paying below market rents. Six of the units have kitchens, and 2 of the units are 2-room units. There's a nice size backyard, a hallway skylight, and a new roof (2017). Near Industry City, transportation, and shopping. R6B zoning FAR is 2, possible expansion of 1000SF. Consult with your architect. Building is offered ''as is'' cash.
  • ContractLocation Information:List PriceSqFt2: 325.0
  • General Property Info:Tax Abated: No
  • General Property Info:Irregular: No
  • General Property Info:Condition: Fair
  • Income Expenses Gross Income: 57000.0
  • Annual Expenses: 24000.0
  • Income Expenses Net Income: 33000.0
  • General Property Info:Year Built Info: Approx
  • General Property Info Bldg Dimensions: 20 X 48
  • Special Features: None
  • Stories: 3
  • Year Built: 1910

Interior Features

  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: Full
  • Appliances:Total Number Ranges: 6
  • General Property Info Basement Desc: Unfinished

Exterior Features

  • Construction Type: Brick, Stone
  • Siding:Stone: Yes
  • Siding:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking:On Street: Yes
  • Garage Location:None4: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Steam, Natural Gas
  • Heating Yn: Yes
  • Electric: 110
  • Sewer: City
  • General Property Info:No of Heating Units: 1.0
  • General Property Info:Air Conditioner: Units
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Steam: Yes
  • Electric Meters:Mixed: Yes
  • Gas Meters:Mixed2: Yes
  • General Property Info Cooling: No

Lot Info

  • Lot Size Sq Ft: 2003.0
  • Lot Size Units: Square Feet
  • Parcel #: 00790-0063
  • Zoning: R6-B
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 2003.0
  • General Property Info:Lot Dim: 20 X 100

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 57000.0
  • Property Net Operating Income: 33000.0
  • Annual Operating Expense: 24000.0

Tax Info

  • Tax Annual Amount: 5542.0
  • Tax Block: 00790
  • Tax Lot: 0063
  • General Property Info:Taxes2: 5542.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Jul 6, 2021
Sold by
Martinez Susana
Bought by
Zheng Yiqing
Seller's Agent
Rita Colon-Burnett
BHGRE Safari Realty
Buyer's Agent
Broker Non-MLS
MLS
List Price
$1,150,000
Sold Price
$890,000
Premium/Discount to List
-$260,000
-22.61%
Current Estimated Value
$1,086,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,204
Avg. Annual Appreciation
7.42%

Purchase Details

Closed on
Feb 6, 2003
Sold by
Soto Germana and Soto S
Bought by
Martinez Susana
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
Zheng Yiqing $890,000 --
Zheng Yiqing $890,000 --
Martinez Susana -- --
Martinez Susana -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $890,000 -22.6% $297 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $1,150,000 -- $383 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $5,958 $82,800 $16,380 $66,420
2024 $5,958 $81,660 $16,380 $65,280
2023 $5,966 $85,920 $16,380 $69,540
2022 $5,536 $87,060 $16,380 $70,680
2021 $5,512 $81,000 $16,380 $64,620
2020 $2,739 $90,180 $16,380 $73,800
2019 $5,171 $73,680 $16,380 $57,300
2018 $4,991 $24,482 $6,792 $17,690
2017 $4,711 $23,108 $5,841 $17,267
2016 $4,363 $21,825 $5,762 $16,063
2015 $2,629 $21,819 $6,156 $15,663
2014 $2,629 $20,601 $6,975 $13,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1138352

Staten Island Multiple Listing Service

APN: 00790-0063