NOT LISTED FOR SALE

Estimated Value: $978,668 - $1,210,000

4 Beds
2 Baths
1,440 Sq Ft
$753/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $925,000 $642 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,281/month

52 Days on Market

Highlights

  • Property is near public transit
  • 2-minute walk to 69 Street
  • Eat-In Kitchen
  • P.S. 12 James B Colgate Rated A-
  • Wood Flooring
  • 5-minute walk to Edward Hart Playground

About This Home

As of March 2023

Welcome to 40-29 70th Street, Woodside, Queens! This semi-detached, two-family property is being listed for the first time ever, and has been with the same family for decades. An amazing piece of Queens history, the owner and this building has watched the neighborhood grow and change with the times, throughout the years. Featuring 2 bedrooms / 1 bathroom in each of the two units as well as a full basement that has a walkout, and the perfect backyard for a garden, BBQs or just a place to relax. This property will be delivered vacant and ready for a new owner to enjoy ownership as a owner-occupied property or investment. Conveniently located in close proximity to the 7 train, Q32 and Q47 bus stops, local highways this is a commuters dream. Enjoy all that the nearby shops and restaurants have to offer. Location, Convenience, an ideal layout and a rich history.

Last Agent to Sell the Property

Kenny Bascon

Real Broker NY LLC Brokerage Phone: (914) 548-1480 License #10401317382 Listed on: 11/12/2022

Real Broker NY LLC

Last Buyer's Agent

Kenny Bascon

Real Broker NY LLC Brokerage Phone: (914) 548-1480 License #10401317382 Listed on: 11/12/2022

Real Broker NY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,120

Year Built

  • Built in 1920

Lot Details

  • 1,999 Sq Ft Lot
  • Two or More Common Walls

Parking

  • On-Street Parking

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

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

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 01302-0013

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,120

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks, Two Story
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: (914) 548-1480
  • Village: Call Listing Agent
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 1440
  • SquareFootage: 1440.00
  • SquareFootageSource: Municipality

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: See Remarks

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 1999
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 01302-0013
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 6120
  • Tax Map Number: 01302-0013

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2022
Closed on
Mar 6, 2023
Sold by
Thatcher Richard
Bought by
Hakim Mohamad A and Yeasmin Mosammat S
Seller's Agent
Kenny Bascon
Real Broker NY LLC
Buyer's Agent
Kenny Bascon
Real Broker NY LLC
List Price
$1,100,000
Sold Price
$925,000
Premium/Discount to List
-$175,000
-15.91%
Views
18
Current Estimated Value
$1,084,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,417
Avg. Annual Appreciation
6.18%
Original Mortgage
$555,000
Outstanding Balance
$537,450
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$546,967
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
Hakim Mohamad A $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hakim Mohamad A $555,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2023 03/06/23 Sold $925,000 -15.9% $642 / Sq Ft
01/03/2023 01/03/23 Pending -- -- --
11/12/2022 11/12/22 For Sale $1,100,000 -- $764 / 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 $6,917 $36,506 $8,136 $28,370
2024 $6,917 $34,440 $9,009 $25,431
2023 $6,526 $32,491 $9,339 $23,152
2022 $6,119 $55,560 $15,900 $39,660
2021 $6,451 $59,460 $15,900 $43,560
2020 $6,439 $58,080 $15,900 $42,180
2019 $6,004 $59,460 $15,900 $43,560
2018 $5,519 $27,076 $6,899 $20,177
2017 $5,207 $25,545 $8,931 $16,614
2016 $4,995 $25,545 $8,931 $16,614
2015 $2,687 $25,352 $12,676 $12,676
2014 $2,687 $23,917 $12,358 $11,559
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6220586

OneKey® MLS

APN: 01302-0013