NOT LISTED FOR SALE

47-40 Union St Flushing, NY 11355

Flushing Neighborhood

Estimated Value: $1,278,000 - $1,535,000

3 Beds
3 Baths
1,356 Sq Ft
$1,020/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $985,000 $726 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,206/month

36 Days on Market

Highlights

  • Cape Cod Architecture
  • Property is near public transit, schools, and shops
  • Park
  • P.S. 024 Andrew Jackson School Rated A
  • 2 Car Attached Garage
  • Hot Water Heating System

About This Home

As of December 2020

Detached 2-family home with CO on a 3600 square foot, corner lot (with 100' of frontage) zoned R3X. Super prime location close to Kissena Park, supermarket and transportation (Q17, Q25 and Q34 are all nearby). Currently a cape cod built 39.5' wide by 24' deep with 2nd floor rear dormer and plenty of room to expand; current layout is a 2 bedroom apartment on the 1st floor and a 1 bedroom apartment upstairs. There is also a full basement, large side yard and a 1-car attached garage. Newer heating system., Additional information: Appearance:Average

Last Agent to Sell the Property

Lucy Lu

Landmark International R E LLC Brokerage Phone: 718-898-8300 License #10491208898 Listed on: 08/18/2020

Last Buyer's Agent

Lucy Lu

Landmark International R E LLC Brokerage Phone: 718-898-8300 License #10491208898 Listed on: 08/18/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,782

Year Built

  • Built in 1955

Lot Details

  • 3,600 Sq Ft Lot
  • Lot Dimensions are 100' x 36'

Home Design

  • Duplex
  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Location

  • Property is near public transit, schools, and shops

Schools

  • Ps 24 Andrew Jackson Elementary School
  • Is 237 Middle School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 21 / 5216
  • Assessor Parcel Number 05216-0021

Community Details

Overview

  • 2 Units

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,782

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Cape Cod
  • Property SubType: Duplex
  • Levels: Three Or More
  • Year Built: 1955
  • Attribution Contact: 718-898-8300
  • CurrentPrice: 985000.00
  • MlsMajorChangeType: Price Decrease
  • ListPrice_By_OriginalListPrice: 0.92000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 3
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Attached, Off Street

Utilities

  • Heating: Hot Water, Natural Gas

Condo/Co-op/Association

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

Schools

  • Middle School: Is 237

Lot Info

  • Lot Dimensions: 100' x 36'
  • Lot Size Sq Ft: 3600
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 05216-0021
  • Property Attached: No
  • Additional Parcels: No
  • Zoning: R3X

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 8782
  • Tax Block: 5216
  • Tax Lot: 21

MLS Schools

  • Elementary School: Ps 24 Andrew Jackson
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Dec 11, 2020
Sold by
Daniel E. Bodurian As Executor
Bought by
Li Si Yu
Seller's Agent
Lucy Lu
Landmark International R E LLC
Buyer's Agent
Lucy Lu
Landmark International R E LLC
List Price
$1,250,000
Sold Price
$985,000
Premium/Discount to List
-$265,000
-21.2%
Current Estimated Value
$1,383,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,690
Avg. Annual Appreciation
6.85%
Original Mortgage
$640,250
Outstanding Balance
$570,013
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$813,677
Source: Public Records
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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
Li Si Yu $985,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Si Yu $640,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $985,000 -14.3% $726 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/08/2020 09/08/20 Price Changed $1,150,000 -3.4% $848 / Sq Ft
08/24/2020 08/24/20 Price Changed $1,190,000 -4.8% $878 / Sq Ft
08/18/2020 08/18/20 For Sale $1,250,000 -- $922 / 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 $12,255 $63,928 $15,045 $48,883
2024 $12,255 $61,015 $15,178 $45,837
2023 $9,755 $48,569 $13,375 $35,194
2022 $9,623 $64,740 $18,060 $46,680
2021 $9,570 $61,200 $18,060 $43,140
2020 $8,785 $60,060 $18,060 $42,000
2019 $8,174 $59,700 $18,060 $41,640
2018 $7,953 $40,474 $10,916 $29,558
2017 $7,889 $40,170 $12,781 $27,389
2016 $7,266 $40,170 $12,781 $27,389
2015 $4,351 $35,752 $16,562 $19,190
2014 $4,351 $33,729 $18,651 $15,078
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lucy Lu

    Landmark International R E LLC

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Map

Source: OneKey® MLS

MLS Number: L3243970

OneKey® MLS

APN: 05216-0021

New York Queens County Flushing 11355 Flushing

47-40 Union St, Flushing, NY

Not Listed for Sale

MultiFamily

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