$1,750,000
SOLD SEP 20, 2024
8 Beds
5.5 Baths
2,750 Sq Ft
2,774 Sq Ft Lot

Recently Sold

$636 Per Sq Ft

8% Below List Price

188 Days on Market

Highlights

  • Property is near public transit
  • Balcony
  • Park
  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System

About This Home

As of September 2024

Welcome to 34-52 59th Street, a remarkable 3-family property. This home boasts a total of 8 bedrooms and 5.5 bathrooms, providing a spacious and versatile living arrangement for multiple occupants. The layout is thoughtfully designed with the 1st floor offering 2 bedrooms and 1 bathroom, the 2nd floor featuring 3 bedrooms and 2 bathrooms, and the 3rd floor comprising 3 bedrooms and 2 bathrooms. Additionally, the full and finished basement comes complete with 1/2 full bath, adding extra functional space to this impressive residence. This home is within walking distance to several subway stations, including the 61st Street-Woodside station (7, E, M, and R lines). The area is also well-serviced by multiple bus routes, offering additional commuting options. It is also close to a diverse range of shops, restaurants, and local businesses, providing an array of dining and shopping options within reach. Don't miss out on a chance to view this home!

Last Agent to Sell the Property

Charles Chang

Exit Realty Team Brokerage Phone: 718-358-4000 License #49CH1105136 Listed on: 11/02/2023

Exit Realty Team

Last Buyer's Agent

Charles Chang

Exit Realty Team Brokerage Phone: 718-358-4000 License #49CH1105136 Listed on: 11/02/2023

Exit Realty Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,743

Year Built

  • Built in 2001

Lot Details

  • 2,774 Sq Ft Lot
  • Lot Dimensions are 27.75x100
  • 1 Common Wall

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,750 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms

Finished Basement

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

Parking

  • 6 Parking Spaces
  • Private Parking
  • Driveway

Schools

  • Ps 152 Gwendoline N Alleyne Elementary School
  • Is 10 Horace Greeley Middle School
  • William Cullen Bryant High School

Utilities

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

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 67 / 1197
  • Assessor Parcel Number 01197-0067

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,743

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Property Condition: Good
  • Year Built: 2001
  • New Construction: No
  • Attribution Contact: 718-358-4000
  • Co List Office Mls Id: ONECHAC01
  • Co List Office Phone: 718-358-4000
  • BuildingSize: 20 x 55
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 8
  • Living Area: 2750
  • SquareFootage: 2750.00
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 6
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • SeparateHotwaterHeaterDetail: 3

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: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 27.75x100
  • Lot Size Sq Ft: 2774
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 01197-0067
  • Zoning Description: R5
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-11-03

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 13743
  • Tax Block: 1197
  • Tax Lot: 67
  • Tax Map Number: 01197-0067

MLS Schools

  • Elementary School: Ps 152 Gwendoline N Alleyne
  • High School: William Cullen Bryant High School
  • Middle School District: Queens 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Sep 20, 2024
Sold by
Li Yi Yung and Mei Jane Y
Bought by
Lin Wei and Lin Yidi
Seller's Agent
Charles Chang
Exit Realty Team
Buyer's Agent
Charles Chang
Exit Realty Team
List Price
$1,895,000
Sold Price
$1,750,000
Premium/Discount to List
-$145,000
-7.65%
Total Days on Market
188
Views
75
Current Estimated Value
$1,844,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,463
Avg. Annual Appreciation
3.72%
Original Mortgage
$875,000
Outstanding Balance
$870,971
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$923,660
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 $1,750,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $875,000 Purchase Money Mortgage
Previous Owner $3,672 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $1,750,000 -7.7% $636 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/18/2024 04/18/24 Price Changed $1,895,000 0.0% $689 / Sq Ft
04/18/2024 04/18/24 For Sale $1,895,000 +11.8% $689 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $1,695,000 -- $616 / 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
2024 $13,744 $68,429 $20,594 $47,835
2023 $13,744 $68,429 $19,126 $49,303
2022 $13,195 $96,660 $26,580 $70,080
2021 $13,484 $86,100 $26,580 $59,520
2020 $12,794 $88,860 $26,580 $62,280
2019 $11,929 $82,200 $26,580 $55,620
2018 $11,624 $57,024 $17,765 $39,259
2017 $9,322 $55,080 $21,218 $33,862
2016 $7,071 $55,080 $21,218 $33,862
2015 $1,138 $50,371 $26,087 $24,284
2014 $1,138 $47,520 $29,520 $18,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3514241

OneKey® MLS

APN: 01197-0067