NOT LISTED FOR SALE

3402 36th Ave Long Island City, NY 11106

Long Island City Neighborhood

Estimated Value: $2,034,953

-- Bed
-- Bath
5,124 Sq Ft
$397/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $1,950,000 $381 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $13,972/month

154 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • P.S. 166Q The Henry Gradstein School Rated A-
  • 3-minute walk to 36 Avenue

About This Home

As of January 2024

Great opportunity to own this income producing 9 unit building. There are 6 one bedroom rent stabilized apartments and 3 free market store fronts. Five apartments and two store fronts are currently rented. Income would be higher once the two vacant units are rented. Low maintenance brick building. Third floor units have city sky line views. Four of the apartments were recently renovated, and include ceramic tile full bathrooms, new floors, new kitchens, new appliances, new doors and recently painted. Near shopping, parks, restaurants and highways. Only 7 minutes to Manhattan via the N train, and walking distance to the train station. ParkingFeatures: On Street,

Last Agent to Sell the Property

Christine Skouloudis

John J Lease REALTORS Inc Brokerage Phone: (845) 344-2800 License #10301208360 Listed on: 03/21/2023

John J Lease REALTORS Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,307

Year Built

  • Built in 1922 | Remodeled in 2022

Lot Details

  • 1,437

Home Design

  • 5,124 Sq Ft Home
  • Brick Exterior Construction

Utilities

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

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 00634-0033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,307

Year Built

Built in 1922 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Multi Family
  • Property SubType: Multi Family
  • Year Built: 1922
  • Year Built Effective: 2022
  • Attribution Contact: (845) 344-2800
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Living Area Units: Square Feet
  • Basement: None
  • Living Area: 5124
  • SquareFootage: 5124.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No

Utilities

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

Lot Info

  • Parcel Number: 00634-0033

Multi Family

  • Units Total: 9

Tax Info

  • Tax Annual Amount: 27307
  • Tax Map Number: 00634-0033

MLS Schools

  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Jan 9, 2024
Sold by
Athena Raissis As Co-Executor and Estate Of Panagiota Raissis
Bought by
3402 36Th Ave Llc
Seller's Agent
Christine Skouloudis
John J Lease REALTORS Inc
List Price
$2,500,000
Sold Price
$1,950,000
Premium/Discount to List
-$550,000
-22%
Current Estimated Value
$2,034,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,953
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Sep 6, 2006
Sold by
Panayiota Raissis and Pangiota Raissis
Bought by
Panagiota Raissis and Panagiota Raissis P
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
3402 36Th Ave Llc $1,950,000 --
3402 36Th Ave Llc $1,950,000 --
Panagiota Raissis -- --
Panagiota Raissis -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2024 01/09/24 Sold $1,950,000 -22.0% $381 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $2,500,000 -- $488 / 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
2025 $32,546 $268,694 $4,227 $264,467
2024 $32,546 $260,325 $3,275 $257,050
2023 $30,135 $241,043 $3,639 $237,404
2022 $27,307 $638,550 $9,450 $629,100
2021 $25,354 $696,150 $9,450 $686,700
2020 $25,780 $675,900 $9,450 $666,450
2019 $25,256 $563,220 $9,450 $553,770
2018 $23,583 $185,418 $3,733 $181,685
2017 $16,303 $171,684 $3,803 $167,881
2016 $20,497 $171,684 $3,803 $167,881
2015 $13,305 $158,991 $3,319 $155,672
2014 $13,305 $154,039 $3,860 $150,179
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Christine Skouloudis

    John J Lease REALTORS Inc

    1 in this area

    8 Total Sales

    Christine Skouloudis
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Map

Source: OneKey® MLS

MLS Number: KEY6238662

OneKey® MLS

APN: 00634-0033

New York Queens County Long Island City 11106 Long Island City

3402 36th Ave, Long Island City, NY

This home is located at 3402 36th Ave, Long Island City, NY 11106 since 21 March 2023 and is currently estimated at $2,034,953, approximately $397 per square foot. This property was built in 1922. 3402 36th Ave is a home located in Queens County with nearby schools including P.S. 166Q The Henry Gradstein School, I.S. 204 Oliver W. Holmes, and Long Island City High School.

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