NOT LISTED FOR SALE

Estimated Value: $1,270,899 - $1,884,000

6 Beds
2 Baths
800 Sq Ft
$1,931/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $1,550,000 $1,938 Per Sq Ft

Current estimated payment $8,972/month

175 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Hot Water Heating System
  • P.S. 024 Andrew Jackson School Rated A-
  • Cooling Available

About This Home

As of March 2023

This home is located at 46-40 Bowne St, Flushing, NY 11355 since 19 July 2022 and is currently estimated at $1,544,475, approximately $1,930 per square foot. This property was built in 1925. 46-40 Bowne St is a home located in Queens County with nearby schools including P.S. 024 Andrew Jackson School, Rachel Carson I.S. 237Q, and Francis Lewis High School.

Last Agent to Sell the Property

Ka Fai Chan

Winzone Realty Inc License #10401215600 Listed on: 07/19/2022

Winzone Realty Inc

Last Buyer's Agent

Sam Lin

Pique Property Inc License #10311208471

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,424

Year Built

  • Built in 1925

Lot Details

  • 4,750 Sq Ft Lot
  • Lot Dimensions are 50x95
  • No Common Walls

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Flushing High Middle School
  • Flushing High School

Utilities

  • Cooling Available
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 20 / 5210
  • Assessor Parcel Number 05210-0020

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,424

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 718-899-7000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Inclusions: Pellet Stove, Refrigerator
  • Total Bedrooms: 6
  • Kitchens: 2

Exterior Features

  • Construction Materials: Other
  • Flood Zone Date: 2022-07-20
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached

Utilities

  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Hot Water: See Remarks
  • Sewer: Other
  • Water Source: See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Flushing High School
  • High School: Flushing High School
  • Middle School: Flushing High School

Lot Info

  • Lot Size Acres: 0.1100
  • Lot Size Area: 0.1100
  • Lot Dimensions: 50x95
  • Lot Size Sq Ft: 4750.00
  • Lot Size Units: Acres
  • Parcel Number: 05210-0020
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2023-03-22
  • Tax Annual Amount: 8424.40
  • Tax Block: 5210
  • Tax Lot: 20
  • Tax Map Number: 05210-0020

Multi Family

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

MLS Schools

  • High School: Flushing High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Mar 21, 2023
Sold by
Chow Ming Wai
Bought by
Wang Huasheng and Wang Xue Qiong
Seller's Agent
Ka Fai Chan
Winzone Realty Inc
Buyer's Agent
Sam Lin
Pique Property Inc
List Price
$1,800,000
Sold Price
$1,550,000
Premium/Discount to List
-$250,000
-13.89%
Views
4
Current Estimated Value
$1,544,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,525
Avg. Annual Appreciation
-0.14%
Original Mortgage
$909,000
Outstanding Balance
$882,310
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$662,165

Purchase Details

Closed on
Oct 19, 2007
Sold by
Chan Ka Fai and Chan Po Lui
Bought by
Chow Ming Wai

Purchase Details

Closed on
Nov 20, 2001
Sold by
Polyzogopoulos Nickolas and Polyzogopoulos Garyfall
Bought by
Chan Ka Fai and Chan Po Lui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.54%
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
Wang Huasheng $1,550,000 --
Chow Ming Wai -- --
Chan Ka Fai -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Huasheng $909,000
Previous Owner Chan Ka Fai $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2023 03/22/23 Sold $1,550,000 -3.1% $1,938 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
10/07/2022 10/07/22 Price Changed $1,600,000 -5.9% $2,000 / Sq Ft
09/06/2022 09/06/22 Price Changed $1,700,000 -5.6% $2,125 / Sq Ft
07/19/2022 07/19/22 For Sale $1,800,000 -- $2,250 / 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 $9,396 $49,585 $12,786 $36,799
2024 $9,396 $46,780 $12,894 $33,886
2023 $8,884 $44,231 $13,521 $30,710
2022 $7,970 $66,840 $19,680 $47,160
2021 $8,881 $62,820 $19,680 $43,140
2020 $8,746 $69,060 $19,680 $49,380
2019 $8,155 $73,740 $19,680 $54,060
2018 $7,514 $36,859 $12,224 $24,635
2017 $7,169 $35,167 $11,038 $24,129
2016 $7,030 $35,167 $11,038 $24,129
2015 $4,001 $34,434 $13,774 $20,660
2014 $4,001 $32,486 $15,025 $17,461
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3417081

OneKey® MLS

APN: 05210-0020