NOT LISTED FOR SALE

Estimated Value: $1,717,187 - $2,343,000

7 Beds
6 Baths
3,444 Sq Ft
$575/Sq Ft Est. Value

Last Sold October 17, 2023

Last sale price $1,670,000 $485 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $11,425/month

105 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Window Unit Cooling System
  • P.S. 22 - Thomas Jefferson Rated A
  • 1 Car Attached Garage
  • Heating System Uses Steam

About This Home

As of October 2023

Prime Location. Great Investment Opportunity. Excellently maintained multi-family home that can be converted into 3 units, Full finished Basement with separate entrance, in the prime area of Flushing Queens! Close to LIRR (Murray hill and Broadway train station).

Last Agent to Sell the Property

Adam Razik

RE/MAX 1st Choice License #10301218828 Listed on: 04/15/2023

RE/MAX 1st Choice

Last Buyer's Agent

Adam Razik

RE/MAX 1st Choice License #10301218828 Listed on: 04/15/2023

RE/MAX 1st Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,308

Year Built

  • Built in 1965

Lot Details

  • 2,042 Sq Ft Lot
  • Lot Dimensions are 20.42x100
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,444 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms

Location

  • Property is near public transit

Schools

  • JHS 194 William Carr Middle School
  • Flushing High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 112 / 5275
  • Assessor Parcel Number 05275-0112

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,308

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Good
  • Year Built: 1965
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 7
  • Living Area: 3444
  • SquareFootage: 3444.00
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 194 William Carr

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.42x100
  • Lot Size Sq Ft: 2042
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05275-0112
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-04-17

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 10308
  • Tax Block: 5275
  • Tax Lot: 112
  • Tax Map Number: 05275-0112
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • High School: Flushing High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2023
Closed on
Oct 17, 2023
Sold by
Mcdwyer John
Bought by
Zhang Grace Lan
Seller's Agent
Adam Razik
RE/MAX 1st Choice
Buyer's Agent
Adam Razik
RE/MAX 1st Choice
List Price
$1,918,000
Sold Price
$1,670,000
Premium/Discount to List
-$248,000
-12.93%
Views
21
Current Estimated Value
$1,980,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,047
Avg. Annual Appreciation
7.55%
Original Mortgage
$800,000
Outstanding Balance
$784,824
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,195,223
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhang Grace Lan $1,670,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Grace Lan $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2023 10/17/23 Sold $1,670,000 -1.7% $485 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $1,699,000 -5.6% $493 / Sq Ft
06/13/2023 06/13/23 Price Changed $1,799,000 -4.7% $522 / Sq Ft
05/22/2023 05/22/23 Price Changed $1,888,000 -1.6% $548 / Sq Ft
04/24/2023 04/24/23 For Sale $1,918,000 -- $557 / Sq Ft
Source: OneKey® MLS

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 $13,714 $72,373 $17,346 $55,027
2024 $13,714 $68,278 $15,369 $52,909
2023 $12,994 $64,696 $16,078 $48,618
2022 $12,915 $84,060 $25,080 $58,980
2021 $13,454 $85,140 $25,080 $60,060
2020 $12,766 $85,080 $25,080 $60,000
2019 $11,903 $76,440 $25,080 $51,360
2018 $10,990 $53,913 $22,072 $31,841
2017 $10,990 $53,913 $19,494 $34,419
2016 $10,650 $53,913 $19,494 $34,419
2015 $6,134 $50,259 $24,703 $25,556
2014 $6,134 $47,415 $26,507 $20,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3471479

OneKey® MLS

APN: 05275-0112

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