NOT LISTED FOR SALE

Estimated Value: $645,551 - $831,000

7 Beds
3 Baths
2,310 Sq Ft
$327/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $600,000 $260 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,236/month

60 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Wood Flooring
  • Formal Dining Room
  • Park

About This Home

As of October 2022

Huge 3-family house perfectly located in a vibrant Far Rockaway neighborhood! Suited to today's buyer who is looking to purchase a multi-family home to live in and generate income at the same time! This property offers you, 7 bedrooms, 3 full baths, and a finished basement! Let's remark that the house is sitting on a 40x100 lot! Half block to the P.S/MS 042 school, 2 blocks away to the A Train Station, shopping areas, and a few minutes to Rockaway Beach! An excellent investment and the opportunity to spend the summer on the beach!

Last Agent to Sell the Property

Froilan Agudo

City Homes Realty Group LLC License #10491207943 Listed on: 06/02/2022

Co-Listed By

Judith Echevarria

City Homes Realty Group LLC License #30EC0859236

Last Buyer's Agent

Jose Agudo

City Homes Realty Group LLC License #40AG0956567

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,889

Year Built

  • Built in 1920

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Common Walls

Home Design

  • Frame Construction

Interior Spaces

  • 2,310 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Location

  • Property is near public transit

Schools

  • Ps 183 Dr Richard R Green Elementary And Middle School
  • Channel View School For Research High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 62 / 16040
  • Assessor Parcel Number 16040-0062

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

$3,889

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Building Size: 22X33
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 718-255-9888
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen, Formal Dining Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 7
  • Living Area: 2310.00
  • Kitchens: 3
  • Square Footage: 2310.00

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Date: 2022-06-08
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Steam
  • Hot Water: Electric Stand Alone
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 183 Dr Richard R Green

Lot Info

  • Lot Size Acres: 0.0900
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000.00
  • Lot Size Units: Acres
  • Parcel Number: 16040-0062
  • Zoning Description: R4-1
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-10-27
  • Included in Taxes: Sewer
  • Tax Annual Amount: 3889.00
  • Tax Block: 16040
  • Tax Lot: 62
  • Tax Map Number: 16040-0062

Multi Family

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

MLS Schools

  • Elementary School: Ps 183 Dr Richard R Green, Ps/Ms 42 R Vernam
  • High School: Channel View School For Research
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Oct 27, 2022
Sold by
Villca Eddy M
Bought by
419 Beach 66 Llc
Seller's Agent
Froilan Agudo
City Homes Realty Group LLC
Buyer's Agent
Jose Agudo
City Homes Realty Group LLC
List Price
$739,000
Sold Price
$600,000
Premium/Discount to List
-$139,000
-18.81%
Views
2
Current Estimated Value
$754,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,264
Avg. Annual Appreciation
7.33%
Original Mortgage
$600,000
Outstanding Balance
$576,587
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$178,051

Purchase Details

Closed on
Nov 17, 2005
Sold by
Gabizon Guy
Bought by
Villca Eddy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.14%

Purchase Details

Closed on
Jul 16, 2003
Sold by
Deutsche Bank National Trust Company As and Bankers Trust Company
Bought by
Gabizon Guy

Purchase Details

Closed on
Sep 6, 2000
Sold by
Bankers Trust Company Of California Na
Bought by
Norwest Bank Minnesota National Assn and Delta Funding Home Equity Loan Tr 1996-1

Purchase Details

Closed on
Apr 16, 1996
Sold by
Sidphil Realty Corp
Bought by
Moultrie Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.91%

Purchase Details

Closed on
Apr 10, 1996
Sold by
Sidphil Realty Corp
Bought by
Moultrie Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.91%
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
419 Beach 66 Llc $600,000 --
419 Beach 66 Llc $600,000 --
Villca Eddy M $520,000 --
Villca Eddy M $520,000 --
Gabizon Guy $260,000 --
Gabizon Guy $260,000 --
Norwest Bank Minnesota National Assn -- Stewart Title Insurance Co
Norwest Bank Minnesota National Assn -- Stewart Title Insurance Co
Moultrie Gerald $125,000 American Title Insurance Co
Moultrie Gerald $125,000 American Title Insurance Co
Moultrie Gerald -- Stewart Title Insurance Co
Moultrie Gerald -- Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 419 Beach 66 Llc $600,000
Closed 419 Beach 66 Llc $600,000
Previous Owner Villca Eddy M $78,000
Previous Owner Villca Eddy M $390,000
Previous Owner Moultrie Gerald $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2022 10/27/22 Sold $600,000 -18.8% $260 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $739,000 -- $320 / 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 $3,972 $20,922 $3,616 $17,306
2024 $3,972 $19,774 $4,096 $15,678
2023 $3,972 $19,774 $4,010 $15,764
2022 $3,905 $39,720 $8,700 $31,020
2021 $3,889 $39,900 $8,700 $31,200
2020 $3,690 $34,320 $8,700 $25,620
2019 $3,447 $29,400 $8,700 $20,700
2018 $3,359 $16,478 $4,741 $11,737
2017 $3,323 $16,300 $5,446 $10,854
2016 $3,079 $16,300 $5,446 $10,854
2015 $1,855 $14,529 $5,689 $8,840
2014 $1,855 $13,732 $5,377 $8,355
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3404801

OneKey® MLS

APN: 16040-0062