NOT LISTED FOR SALE

4704 Burling St Flushing, NY 11355

Flushing Neighborhood

Estimated Value: $1,537,000 - $1,700,000

5 Beds
3 Baths
3,096 Sq Ft
$524/Sq Ft Est. Value

Last Sold February 01, 2023

Last sale price $980,000 $317 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $9,585/month

63 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Window Unit Cooling System
  • P.S. 024 Andrew Jackson School Rated A
  • 4 Car Detached Garage
  • Park

About This Home

As of February 2023

CORNER SOLID BRICK 2 FAMILY NEAR PRIME FLUSHING, BUILT AROUND 1990, 4-STORY ABOVE GROUND WITH A BUILT-IN GARAGE. EVERY UNIT HAS ITS OWN PRIVATE OUTDOOR SPACE. FULL OF NATURAL LIGHT. 1ST FLOOR FEATURES A FAMILY ROOM/ ENTERMAINTMENT ROOM. 2ND FLOOR IS A 1 BEDROOM APARTMENT. 3RD FLOOR IS A 3 BEDROOM DUPLEX. EXCELLENT LOCATION. BUILDING SIZE 32X27, LOT SIZE 47X50. CLOSE TO ALL. ALL INFORMATION MUST BE VERIFIED INDEPENDENTLY.

Last Agent to Sell the Property

Dazhi Simon Su

RE/MAX Edge License #10301223102 Listed on: 08/29/2022

Last Buyer's Agent

Vera Wu

Winzone Realty Inc License #10401296227

Winzone Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,975

Year Built

  • Built in 1990

Lot Details

  • 2,550 Sq Ft Lot
  • Lot Dimensions are 47x50
  • 1 Common Wall
  • Corner Lot

Parking

  • 4 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,096 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 24 Andrew Jackson Elementary School
  • Ps 219 Paul Klapper Middle School
  • Francis Lewis High School

Utilities

  • Window Unit Cooling System
  • 4 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 9 / 5220
  • Assessor Parcel Number 05220-0009

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

$12,975

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Semi Detached
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Building Size: 32x26
  • Year Built: 1990
  • New Construction: No
  • Attribution Contact: 646-387-6277
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 5
  • Living Area: 3096.00
  • Kitchens: 2
  • Square Footage: 3096.00

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2022-08-29
  • Flood Zone Report: Yes

Garage/Parking

  • Total Parking Spaces: 7.00
  • Attached Garage: No
  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Description: Private, Detached, 4+ Car Detached, Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 4
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 219 Paul Klapper

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Dimensions: 47x50
  • Lot Size Sq Ft: 2550.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 05220-0009
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2023-02-01
  • Tax Annual Amount: 12975.00
  • Tax Block: 5220
  • Tax Lot: 9
  • Tax Map Number: 05220-0009

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Feb 6, 2023
Sold by
Huang Lan Man and Lai Dan Ping
Bought by
Y & C Building Llc
Seller's Agent
Dazhi Simon Su
RE/MAX Edge
Buyer's Agent
Vera Wu
Winzone Realty Inc
List Price
$1,499,000
Sold Price
$980,000
Premium/Discount to List
-$519,000
-34.62%
Views
32
Current Estimated Value
$1,623,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$643,429
Avg. Annual Appreciation
18.80%
Original Mortgage
$490,000
Outstanding Balance
$475,037
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,148,392

Purchase Details

Closed on
May 14, 1997
Sold by
Kwok Realty Co
Bought by
Lai Raymond K and Lai Dan Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.35%
Mortgage Type
Purchase Money Mortgage
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
Y & C Building Llc $980,000 --
Lai Raymond K $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Y & C Building Llc $490,000
Previous Owner Lai Raymond K $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2023 02/01/23 Sold $980,000 -24.6% $317 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/06/2022 10/06/22 Price Changed $1,299,000 -3.8% $420 / Sq Ft
09/29/2022 09/29/22 Price Changed $1,350,000 -3.5% $436 / Sq Ft
09/14/2022 09/14/22 Price Changed $1,399,000 -6.7% $452 / Sq Ft
08/29/2022 08/29/22 For Sale $1,499,000 -- $484 / 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 $13,154 $69,418 $16,974 $52,444
2024 $13,154 $65,491 $17,142 $48,349
2023 $13,134 $65,392 $16,077 $49,315
2022 $12,975 $95,040 $24,060 $70,980
2021 $12,905 $90,060 $24,060 $66,000
2018 $11,108 $54,493 $16,430 $38,063
2017 $11,041 $54,164 $18,391 $35,773
2016 $10,215 $54,164 $18,391 $35,773
Source: Public Records

Agents Affiliated with this Home

  • Dazhi Simon Su

    Seller's Agent in 2023

    Dazhi Simon Su

    RE/MAX

    (646) 387-6277

    2 in this area

    70 Total Sales

    Dazhi Simon Su
    Section Image
  • Vera Wu

    Buyer's Agent in 2023

    Vera Wu

    Winzone Realty Inc

    (718) 899-7000

    16 in this area

    50 Total Sales

    Vera Wu
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3426582

OneKey® MLS

APN: 05220-0009

New York Queens County Flushing 11355 Flushing

4704 Burling St, Flushing, NY

Not Listed for Sale

MultiFamily

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