NOT LISTED FOR SALE

40 Jacques Ave Staten Island, NY 10306

New Dorp Neighborhood

Estimated Value: $1,044,000 - $1,131,244

-- Bed
-- Bath
2,730 Sq Ft
$399/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $890,000 $326 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,500/month

35 Days on Market

Highlights

  • 2 Car Detached Garage
  • 3-minute walk to New Dorp
  • Hot Water Baseboard Heater
  • New Dorp High School Rated A-
  • Cooling Available

About This Home

As of October 2018

Huge amount of potential! Legal 3 family property features three 2 bedroom rentals in desirable New Dorp. Short distance to everything: train, local buses, express buses, shopping, restaurants, and schools. Property is well maintained & truly an investors delight. Parking for 3 cars and onstreet parking.

Last Agent to Sell the Property

Frank Caserta

DiTommaso Real Estate License #10401270198 Listed on: 07/20/2018

Last Buyer's Agent

Tianting Huang

Community Home Brokerage LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,167

Year Built

  • Built in 1925

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 22x38

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Stucco

Interior Spaces

  • 2,730 Sq Ft Home
  • 3-Story Property

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 220 Volts
  • Individual Gas Meter

Community Details

  • 3 Units
  • Gross Income $54,000

Listing and Financial Details

  • Legal Lot and Block 0070 / 03637
  • Assessor Parcel Number 03637-0070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,167

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 3F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Lot Size: 22x38
  • Modification Timestamp: 2024-09-26
  • Directions: Hylan Blvd. to New Dorp Lane to South Railroad to Jacques Avenue
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1925
  • General Property Info:Public Remarks3: Huge amount of potential! Legal 3 family property features three 2 bedroom rentals in desirable New Dorp. Short distance to everything: train, local buses, express buses, shopping, restaurants, and schools. Property is well maintained & truly an investors delight. Parking for 3 cars and onstreet parking.
  • ContractLocation Information:List PriceSqFt2: 342.49
  • General Property Info:Tax Abated: No
  • General Property Info:Irregular: No
  • General Property Info:Condition: Good
  • Income Expenses Gross Income: 54000.0
  • Annual Expenses: 16000.0
  • Income Expenses Net Income: 38000.0
  • General Property Info:Year Built Info: Approx
  • General Property Info Bldg Dimensions: 22x38
  • Special Features: None
  • Stories: 3
  • Year Built: 1925

Interior Features

  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: Full
  • General Property Info Basement Desc: Partially Finished

Exterior Features

  • Construction Type: Stucco
  • Siding:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Off Street, On Street, Detached
  • Parking:Off Street: Yes
  • Parking:On Street: Yes
  • Garage Location:Detached: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 3.0
  • General Property Info:Air Conditioner: Units
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Hot Water2: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • General Property Info Cooling: No

Lot Info

  • Lot Size Sq Ft: 4000.0
  • Lot Size Units: Square Feet
  • Parcel #: 03637-0070
  • Zoning: R3-X
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 4000.0
  • General Property Info:Lot Dim: 40x100

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 54000.0
  • Property Net Operating Income: 38000.0
  • Annual Operating Expense: 16000.0

Tax Info

  • Tax Annual Amount: 7167.0
  • Tax Block: 03637
  • Tax Lot: 0070
  • General Property Info:Taxes2: 7167.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Oct 26, 2018
Sold by
40 42 Jacques Avenue Llc
Bought by
Lin Qing Heng
Seller's Agent
Frank Caserta
DiTommaso Real Estate
Buyer's Agent
Tianting Huang
Community Home Brokerage LLC
List Price
$935,000
Sold Price
$890,000
Premium/Discount to List
-$45,000
-4.81%
Total Days on Market
35
Current Estimated Value
$1,090,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,561
Avg. Annual Appreciation
3.00%
Original Mortgage
$495,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2011
Sold by
Mazzone Vincent and Mazzone Mary Ann
Bought by
40-42 Jacques Avenue Llc

Purchase Details

Closed on
Feb 1, 2007
Sold by
Mazzone Vincent and Mazzone Mary Ann
Bought by
Mazzone Vincent and Mazzone Mary Ann

Purchase Details

Closed on
Mar 31, 2003
Sold by
Mazzone Vincent and Mazzone Mary Ann
Bought by
Mazzone Vincent and Mazzone Mary Ann

Purchase Details

Closed on
Apr 17, 2002
Sold by
Reres Joseph A and Reres Joseph
Bought by
Mazzone Vincent and Mazzone Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1999
Sold by
Reres Rose and Reres Ernest
Bought by
Reres Joseph
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
Lin Qing Heng $890,000 First Title Insurance Compan
40-42 Jacques Avenue Llc -- None Available
Mazzone Vincent -- None Available
Mazzone Vincent -- --
Mazzone Vincent $365,000 --
Reres Joseph $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Qing Heng $11,996
Open Lin Qing Heng $495,000
Closed Lin Qing Heng $495,000
Previous Owner Mazzone Vincent $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $890,000 -4.8% $326 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $935,000 -- $342 / 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
2024 $8,538 $58,800 $9,716 $49,084
2023 $8,568 $42,190 $9,604 $32,586
2022 $7,946 $58,980 $13,440 $45,540
2021 $7,902 $48,840 $13,440 $35,400
2020 $7,511 $50,760 $13,440 $37,320
2019 $7,423 $54,180 $13,440 $40,740
2018 $7,167 $35,158 $10,599 $24,559
2017 $6,761 $33,168 $12,487 $20,681
2016 $6,255 $31,291 $12,254 $19,037
2015 $5,665 $29,520 $11,280 $18,240
2014 $5,665 $29,520 $11,280 $18,240
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2018

    Frank Caserta

    DiTommaso Real Estate

  • T

    Buyer's Agent in 2018

    Tianting Huang

    Community Home Brokerage LLC

See All Agents

Map

Source: Staten Island Multiple Listing Service

MLS Number: 1121285

Staten Island Multiple Listing Service

APN: 03637-0070

New York Richmond County Staten Island 10306 New Dorp

40 Jacques Ave, Staten Island, NY

This home is located at 40 Jacques Ave, Staten Island, NY 10306 since 20 July 2018 and is currently estimated at $1,090,561, approximately $399 per square foot. This property was built in 1925. 40 Jacques Ave is a home located in Richmond County with nearby schools including P.S. 41 The Stephanie a Vierno School, Is 2 George L Egbert, and New Dorp High School.

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