NOT LISTED FOR SALE

Estimated Value: $1,561,492 - $2,290,000

8 Beds
5 Baths
3,300 Sq Ft
$584/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $1,860,000 $564 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $11,093/month

49 Days on Market

Highlights

  • Rooftop Deck
  • Property is near public transit
  • Wood Flooring
  • P.S. 22 - Thomas Jefferson Rated A
  • Private Lot
  • Main Floor Primary Bedroom

About This Home

As of January 2024

Welcome to your multi-family dream! Located In the most desirable East Flushing section this home is centrally located moments to all, while nestled among neighboring Multi-Million Dollar Newly Built Homes. Perfect for 1031 Exchange! This Gorgeous 2-family home offers 3 levels of Separate Superb Living. Eastern Exposure! 3 Bedrooms, 1.5 baths, over 3 Bedrooms, 1.5 Baths, Over 2 Bedrooms 1 Full Bath. Both 2nd & 3rd Floors Feature Bright, Open & Airy Living Spaces, Complete w/ Formal Dining rooms, Living Rooms, Eat-in Kitchens and 3 spacious bedrooms in each unit. Both Floors include Private Half Baths in Principal Bedrooms. 1st Floor Walk-in features 2 Full Size Bedrooms, Open Living Room and Eat in Kitchen. This space can also be used together with 2nd Floor as Office, Playroom & Family Room, with a possible additional bedroom, making the 1st & 2nd floors a 5-6 bedroom duplex! The Possibilities are Endless in this beauty. Common Laundry Area Possible, Washer Already in Place. 2 Car Attached Garage w/ space for 2 cars & Storage Galore. Double Driveway, Convenient Side-by-Side Private Parking (not tandem), Accommodating 4 Cars in Garage / Driveway & 2 on the Street. Over garage Terrace, can be built up to make additional living space. Spacious Backyard. This is a UNIQUE & Very RARE Find! Meticulously Maintained Family Gem w/ Pride in Ownership brings Great Energy with the Home. Congratulations you found "the one"! Priced Well for a Quick Sale. Call today & make this Money Making Home Yours in 2023! No Leases, Can Close Immediately. Excellent for Investors, Homeowner looking for Residual 2nd Income or Homeowner seeking a Massive Space for themselves!! Top Rated Community 25 Schools! Location! Location! Location! Close to Hospitals, excellent for Medical Professionals & Students alike. 1/2 Mile to Flushing Medical Center. 1.5 Miles to New York-Presbyterian. 2 Miles to Queens College. 3 Miles to St. Johns University. 4.5 Miles to Queens Center Mall. 4 Miles to LaGuardia Airport. 8 Miles to JFK Airport. Moments to Public Transportation. Shopping. Dining. Parkways. Supermarkets. 11 Miles to Penn Station. 35 Min to Manhattan. Buy with Equity Already! Amazing Opportunity! Welcome Home or to your New Investment!!

Last Agent to Sell the Property

Maria V Kafetzis

Douglas Elliman Real Estate Brokerage Phone: 516-681-2600 License #10301205263 Listed on: 08/27/2023

Douglas Elliman Real Estate

Last Buyer's Agent

Cindy Liu

Landmark International R E LLC License #10301223260

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,371

Year Built

  • Built in 1965 | Remodeled in 2022

Lot Details

  • 4,516 Sq Ft Lot
  • Lot Dimensions are 46x98.17
  • No Common Walls
  • East Facing Home
  • Private Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • 3-Story Property
  • Brick Exterior Construction

Interior Spaces

  • 3,300 Sq Ft Home
  • Skylights
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Storage
  • Wood Flooring
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Patio

Location

  • Property is near public transit

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 68 / 5415
  • Assessor Parcel Number 05415-0068

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

$12,371

Year Built

Built in 1965 | Remodeled in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Three Or More
  • Year Built: 1965
  • New Construction: No
  • Year Built Effective: 2022
  • Attribution Contact: 516-681-2600
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Appliances: Cooktop, Oven, Refrigerator
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Den/Family Room, Eat-in Kitchen, Formal Dining, Entrance Foyer, Home Office, Living Room/Dining Room Combo, Master Bath, Pantry, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: None, Walk-Out Access
  • Inclusions: A/C Units,Cook Top,Garage Door Opener,Light Fixtures,Refrigerator
  • Total Bedrooms: 8
  • Living Area: 3300
  • Window Features: Skylight(s)
  • SquareFootage: 3300.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 3

Exterior Features

  • Direction Faces: East
  • Construction Materials: Brick
  • Exterior Features: Balcony, Roof Deck
  • Patio and Porch Features: Patio
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Attached, 2 Car Attached, Driveway, Off Street, On Street

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1
  • SeparateHotwaterHeaterDetail: 40G

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No
  • DevelopmentName: 3 Level - 2 Family

Schools

  • Middle School: Jhs 189 Daniel Carter Beard

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 46x98.17
  • Lot Size Sq Ft: 4516
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Private
  • Parcel Number: 05415-0068
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-09-08

Rental Info

  • Lease Considered: No
  • Available Date: 2023-12-01

Multi Family

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

Tax Info

  • Tax Annual Amount: 12370.84
  • Tax Block: 5415
  • Tax Lot: 68
  • Tax Map Number: 05415-0068
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps 22 Thomas Jefferson
  • High School: Francis Lewis High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2023
Closed on
Jan 18, 2024
Sold by
Ginis Alexander
Bought by
Chen Xiuchen and Chen Xunxian
Seller's Agent
Maria V Kafetzis
Douglas Elliman Real Estate
Buyer's Agent
Cindy Liu
Landmark International R E LLC
List Price
$1,899,988
Sold Price
$1,860,000
Premium/Discount to List
-$39,988
-2.1%
Views
32
Current Estimated Value
$1,928,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,123
Avg. Annual Appreciation
1.80%
Original Mortgage
$1,080,000
Outstanding Balance
$1,057,714
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$870,409

Purchase Details

Closed on
Oct 23, 2015
Sold by
Ginis Alexander
Bought by
Ginis Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 1996
Sold by
Ginis Kostas
Bought by
Ginis Kostas and Ginis Elefteria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen Xiuchen $1,860,000 --
Chen Xiuchen $1,860,000 --
Chen Xiuchen $1,860,000 --
Ginis Alexander -- --
Ginis Alexander -- --
Ginis Alexander -- --
Ginis Kostas -- First American Title Ins Co
Ginis Kostas -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xiuchen $1,080,000
Closed Chen Xiuchen $1,080,000
Previous Owner Ginis Alexander $555,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2024 01/18/24 Sold $1,860,000 -1.5% $564 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
09/27/2023 09/27/23 Price Changed $1,888,888 -0.6% $572 / Sq Ft
08/27/2023 08/27/23 For Sale $1,899,988 -- $576 / 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 $12,968 $68,435 $16,278 $52,157
2024 $12,968 $64,564 $15,689 $48,875
2023 $12,234 $60,913 $14,589 $46,324
2022 $11,961 $79,740 $22,920 $56,820
2021 $12,610 $84,420 $22,920 $61,500
2020 $12,071 $92,760 $22,920 $69,840
2019 $11,255 $79,440 $22,920 $56,520
2018 $10,348 $50,761 $14,723 $36,038
2017 $10,179 $49,932 $16,746 $33,186
2016 $9,361 $49,932 $16,746 $33,186
2015 $5,243 $47,524 $18,867 $28,657
2014 $5,243 $44,836 $21,360 $23,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3499798

OneKey® MLS

APN: 05415-0068