NOT LISTED FOR SALE

Estimated Value: $776,000 - $1,058,017

8 Beds
4 Baths
2,316 Sq Ft
$403/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $999,999 $432 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,511/month

28 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to Beach 67 Street
  • Hot Water Heating System
  • Window Unit Cooling System

About This Home

As of September 2023

Welcome to this Unique 3 Family Property in Arvene! Separate Gas and Electric Meters for all Units. This property has a large unit with 3 bedrooms, 1 Bathroom, High Ceilings in the living room; a well-kept Kitchen with Granite countertops, Stainless Steel Appliances, and a fully finished attic that can be the (4th) fourth bedroom or an office. The second (2nd) and third (3rd) unit have two bedrooms and one bathroom each. The whole property will be delivered vacant. Raised basement with two separate entrances. Natural gas boiler. Conveniently located two blocks away from the (A) subway station [Beach 67 St- Arverne by the Sea Station], Bus Lines, Multiple Restaurants, and shop such as Starbucks, Dunkin Donut, and Stop and Shop. Cross Bay Blvd and Cross Bay Bridge.

Last Agent to Sell the Property

Karen Bedoya

Arro Homes Sales Inc License #10401304074 Listed on: 06/06/2023

Last Buyer's Agent

LaDonna Powell

The Orisha Group LLC License #10491212025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,013

Year Built

  • Built in 1930

Lot Details

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

Home Design

  • 3-Story Property
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Location

  • Property is near public transit

Schools

  • Ps/Ms 42 R Vernam Middle School
  • Rockaway Park Hs-Enviornment Sustain High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Refrigerator,Second Refrigerator,Washer
  • Tenant pays for cooking gas, electricity
  • Legal Lot and Block 50 / 16042
  • Assessor Parcel Number 16042-0050

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,013

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Exclusions: Dishwasher,Dryer,Refrigerator,Second Refrigerator,Washer
  • Year Built: 1930
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Partially Finished
  • Total Bedrooms: 8
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps/Ms 42 R Vernam

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 16042-0050
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-06-07

Rental Info

  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity
  • Available Date: 2023-08-30

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 2
  • NumberOf2Bedrooms: 2
  • NumberOf3Bedrooms: 3

Tax Info

  • Tax Annual Amount: 5013
  • Tax Block: 16042
  • Tax Lot: 50
  • Tax Map Number: 16042-0050
  • IncludedInTaxes: Sewer

MLS Schools

  • High School: Rockaway Park Hs-Enviornment Sustain
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Sep 1, 2023
Sold by
Robert Andrew R
Bought by
Anderson Myrhiam and Pierre Vladimir
Seller's Agent
Karen Bedoya
Arro Homes Sales Inc
Buyer's Agent
LaDonna Powell
The Orisha Group LLC
List Price
$999,999
Sold Price
$999,999
Views
75
Current Estimated Value
$932,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,495
Avg. Annual Appreciation
-3.45%
Original Mortgage
$999,999
Outstanding Balance
$979,156
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$46,652

Purchase Details

Closed on
Apr 6, 1998
Sold by
St Kitts Patrick
Bought by
Robert Andrew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,900
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 1996
Sold by
Stkitts Patrick and Stkitts Claudette
Bought by
Stkitts Patrick
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
Anderson Myrhiam $999,999 --
Anderson Myrhiam $999,999 --
Robert Andrew R $181,000 --
Robert Andrew R $181,000 --
Stkitts Patrick $50,000 --
Stkitts Patrick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Myrhiam $999,999
Closed Anderson Myrhiam $999,999
Previous Owner Robert Andrew R $113,896
Previous Owner Robert Andrew R $162,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $999,999 0.0% $432 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $999,999 -- $432 / 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 $5,157 $27,217 $6,167 $21,050
2024 $5,157 $25,678 $6,206 $19,472
2023 $5,157 $25,678 $6,507 $19,171
2022 $4,927 $32,940 $10,020 $22,920
2021 $5,059 $27,300 $10,020 $17,280
2020 $4,801 $30,000 $10,020 $19,980
2019 $4,476 $31,020 $10,020 $21,000
2018 $4,362 $21,398 $8,140 $13,258
2017 $4,193 $20,568 $8,007 $12,561
2016 $4,005 $20,568 $8,007 $12,561
2015 $2,340 $18,901 $7,339 $11,562
2014 $2,340 $17,832 $6,923 $10,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3483139

OneKey® MLS

APN: 16042-0050