NOT LISTED FOR SALE

42-40 165th St Flushing, NY 11358

Flushing Neighborhood

Estimated Value: $935,863 - $1,206,000

4 Beds
3 Baths
-- Sq Ft
3,000 Sq Ft Lot

Last Sold January 18, 2022

Last sale price $998,000

Est. 7% increase in value since last sale

Current estimated payment $6,272/month

38 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Eat-In Kitchen
  • I.S. 25 Adrien Block Rated A-
  • 2 Car Detached Garage
  • 4-minute walk to Martin's Playground

About This Home

As of January 2022

This home is located at 42-40 165th St, Flushing, NY 11358 since 07 September 2021 and is currently estimated at $1,071,466. This property was built in 1930. 42-40 165th St is a home located in Queens County with nearby schools including I.S. 25 Adrien Block, Francis Lewis High School, and St. Andrew Avellino Catholic Academy.

Last Agent to Sell the Property

Weilian Jo

P R O Links Realty Inc License #40JO1088362 Listed on: 09/07/2021

Last Buyer's Agent

Weilian Jo

P R O Links Realty Inc License #40JO1088362 Listed on: 09/07/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,819

Year Built

  • Built in 1930

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30x100
  • No Common Walls

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • Combination Dining and Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • JHS 185 Edward Bleeker Middle School
  • Francis Lewis High School

Utilities

  • Zoned Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 41 / 5395
  • Assessor Parcel Number 05395-0041

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

$6,819

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Building Size: 16x38
  • Year Built: 1930
  • New Construction: No
  • Attribution Contact: 718-255-9100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Living Room / Dining Room
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 4
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick, Frame
  • Flood Zone Report: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached

Utilities

  • Cooling: Zoned
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 185 Edward Bleeker

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Dimensions: 30x100
  • Lot Size Sq Ft: 3000.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05395-0041
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-01-18
  • Tax Annual Amount: 6819.00
  • Tax Block: 5395
  • Tax Lot: 41
  • Tax Map Number: 05395-0041

Multi Family

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

MLS Schools

  • High School: Francis Lewis High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Jan 18, 2022
Sold by
Arias Gloria and Chaparro Delia
Bought by
Cheng Fang and Qiu Yong Jie
Seller's Agent
Weilian Jo
P R O Links Realty Inc
Buyer's Agent
Weilian Jo
P R O Links Realty Inc
List Price
$948,000
Sold Price
$998,000
Premium/Discount to List
$50,000
5.27%
Current Estimated Value
$1,071,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,466
Avg. Annual Appreciation
1.85%
Original Mortgage
$648,000
Outstanding Balance
$597,483
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$473,983

Purchase Details

Closed on
Jul 12, 2004
Sold by
Arias Gloria and Chaparro Delia
Bought by
Arias Gloria and Chaparro Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2003
Sold by
Perez Harold and Velez Eliana
Bought by
Arias Gloria and Chaparro Delia

Purchase Details

Closed on
May 20, 1999
Sold by
Kreutzer Edward and Kreutzer Rose
Bought by
Perez Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,450
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 1999
Sold by
Perez Harold
Bought by
Perez Harold and Velez Eliana P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,450
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
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
Cheng Fang $998,000 --
Cheng Fang $998,000 --
Arias Gloria -- --
Arias Gloria -- --
Arias Gloria $431,000 --
Arias Gloria $431,000 --
Perez Harold $251,000 First American Title Ins Co
Perez Harold -- First American Title Ins Co
Perez Harold -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Fang $648,000
Closed Cheng Fang $648,000
Previous Owner Arias Gloria $455,000
Previous Owner Perez Harold $238,450
Closed Arias Gloria $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2022 01/18/22 Sold $998,000 0.0% --
10/15/2021 10/15/21 Pending -- -- --
09/08/2021 09/08/21 Price Changed $998,000 +5.3% --
09/07/2021 09/07/21 For Sale $948,000 -- --
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 $7,636 $40,300 $11,347 $28,953
2024 $7,636 $38,020 $10,751 $27,269
2023 $7,204 $35,868 $10,949 $24,919
2022 $6,755 $48,660 $15,660 $33,000
2021 $6,826 $52,080 $15,660 $36,420
2020 $6,813 $51,600 $15,660 $35,940
2019 $6,335 $51,600 $15,660 $35,940
2018 $5,795 $29,890 $11,389 $18,501
2017 $5,449 $28,200 $11,271 $16,929
2016 $5,328 $28,200 $11,271 $16,929
2015 $2,989 $27,986 $12,260 $15,726
2014 $2,989 $26,403 $13,224 $13,179
Source: Public Records

Agents Affiliated with this Home

  • Weilian Jo

    Seller's Agent in 2022

    Weilian Jo

    P R O Links Realty Inc

    (646) 591-9558

    5 in this area

    32 Total Sales

    Weilian Jo
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3343669

OneKey® MLS

APN: 05395-0041

New York Queens County Flushing 11358 Flushing

42-40 165th St, Flushing, NY

Not Listed for Sale

MultiFamily

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