$1,400,000
SOLD JAN 21, 2025
-- Bed
-- Bath
-- Sq Ft
4,000 Sq Ft Lot

Recently Sold

12% Below List Price

58 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Park
  • P.S. 22 - Thomas Jefferson Rated A
  • Attached Garage
  • Hot Water Heating System

About This Home

As of January 2025

Beautiful detached two-family house located in a very desirable part of Flushing. This house has plenty of windows to capture a lot of natural lights. Each unit features 3 bedrooms and 1 bathroom. Fully finished basement with OSE. Close to LIE, Parks, Schools, and Shops. This is a rare opportunity for investors and owner.

Last Agent to Sell the Property

Long Luo

B Square Realty Brokerage Phone: 973-666-8666 License #10401313349 Listed on: 07/24/2024

B Square Realty

Co-Listed By

Tiffany Gao

B Square Realty Brokerage Phone: 973-666-8666 License #10401324487

Last Buyer's Agent

Li Huang

B Square Realty License #10401272364

B Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,535

Year Built

  • Built in 1925 | Remodeled in 2017

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Finished Basement

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

Parking

  • Attached Garage
  • Shared Driveway

Location

  • Property is near public transit

Schools

  • Ps 22 Thomas Jefferson Elementary School
  • JHS 189 Daniel Carter Beard Middle School
  • Flushing High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 61 / 5414
  • Assessor Parcel Number 05414-0061

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,535

Year Built

Built in 1925 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Year Built: 1925
  • Year Built Effective: 2017
  • Attribution Contact: 973-666-8666
  • Co List Office Mls Id: KEYLILI01
  • Co List Office Phone: 718-939-8388
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Finished, Full, Walk-Out Access
  • Basement YN: No

Exterior Features

  • Construction Materials: Vinyl Siding, Frame
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Attached, Shared Driveway

Utilities

  • Cooling: None
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Jhs 189 Daniel Carter Beard

Lot Info

  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 05414-0061
  • Property Attached: No
  • Zoning: R4-1

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 10535.4
  • Tax Block: 5414
  • Tax Lot: 61

MLS Schools

  • Elementary School: Ps 22 Thomas Jefferson
  • High School: Flushing High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Jan 21, 2025
Sold by
Wang Fusheng
Bought by
Ji Huiqing
Seller's Agent
Long Luo
B Square Realty
Buyer's Agent
Li Huang
B Square Realty
List Price
$1,598,000
Sold Price
$1,400,000
Premium/Discount to List
-$198,000
-12.39%
Views
5
Current Estimated Value
$1,418,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,380
Avg. Annual Appreciation
12.08%
Original Mortgage
$980,000
Outstanding Balance
$975,023
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$530,975

Purchase Details

Closed on
Nov 2, 2000
Sold by
Bang Robert A and Bang Karine D
Bought by
Bang Robert A

Purchase Details

Closed on
May 30, 1997
Sold by
Bang Frederick E
Bought by
Bang Robert A and Bang Karine D
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 Type Sale Price Title Company
Deed $1,400,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer $100,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $980,000 Purchase Money Mortgage
Previous Owner $381,600 No Value Available
Previous Owner $210,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Sold $1,400,000 -12.4% --
09/20/2024 09/20/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $1,598,000 -- --
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 $10,535 $53,267 $12,754 $40,513
2024 $10,535 $52,454 $14,885 $37,569
2023 $9,959 $49,584 $13,059 $36,525
2022 $9,441 $81,720 $22,440 $59,280
2021 $9,902 $75,540 $22,440 $53,100
2020 $9,396 $74,940 $22,440 $52,500
2019 $9,144 $82,560 $22,440 $60,120
2018 $8,423 $41,320 $12,615 $28,705
2017 $7,734 $39,412 $14,423 $24,989
2016 $7,529 $39,412 $14,423 $24,989
2015 $4,265 $36,991 $17,000 $19,991
2014 $4,265 $36,427 $18,779 $17,648
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3567921

OneKey® MLS

APN: 05414-0061