NOT LISTED FOR SALE

48-19 98th St Flushing, NY 11368

Corona Neighborhood

Estimated Value: $1,108,494

4 Beds
2.5 Baths
2,284 Sq Ft
$485/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $1,049,000 $459 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,457/month

201 Days on Market

Highlights

  • Colonial Architecture
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Property is near public transit
  • Park

About This Home

As of July 2023

Great Investment ! Welcome to this Beautiful Large, Corner, Mixed Use Legal Two Family with One Store. Low Taxes! ($8,024.32). Huge Property on the Inside ( 2,400 Sq Ft Interior Built Area). First floor Living Room. Eat-in Kitchen. Bedroom. Full Bathroom. Retail Store. Second floor. Second Floor will be renovated before closing. Huge Living Room. Eat-in Kitchen. Dining Room. 3 Bedrooms. Full Bathroom. Fully Finished Huge Basement with Half Bathroom and Separate Entrance. 2 Gas Meters. 3 Electric Meters. Perfect Investment Opportunity. Located Steps away from Express 7 Trains. Buses. Near Queens Center Mall ( Costco , Aldis , Ikea , Target , Macys & Many More). Full Security System (16 Cameras).

Last Agent to Sell the Property

Reema Sharma

S H V Real Estate Corp License #31SH1064229 Listed on: 10/12/2022

Co-Listed By

Rohit Sharma

S H V Real Estate Corp License #10301218480

Last Buyer's Agent

Ratul Sharma

S H V Real Estate Corp License #10401338201

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,024

Year Built

  • Built in 1931

Lot Details

  • 1,908 Sq Ft Lot
  • Lot Dimensions are 20.08x95
  • No Common Walls

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2,284 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Oven

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Property is near public transit

Schools

  • Ps 110 Elementary School
  • Is 61 Leonardo Da Vinci Middle School
  • Flushing 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 36 / 1881
  • Assessor Parcel Number 01881-0036

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

$8,024

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1931
  • New Construction: No
  • Co List Office Mls Id: ONESHV01
  • Co List Office Phone: 718-343-5200
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 4
  • Living Area: 2284
  • SquareFootage: 2284.00
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • SeparateHotwaterHeaterDetail: y

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 61 Leonardo Da Vinci

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.08x95
  • Lot Size Sq Ft: 1908
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 01881-0036
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 8024.32
  • Tax Block: 1881
  • Tax Lot: 36
  • Tax Map Number: 01881-0036

MLS Schools

  • Elementary School: Ps 110
  • High School: Flushing High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Jun 27, 2023
Sold by
Matevossian Robert
Bought by
Ld 98 Llc
Seller's Agent
Reema Sharma
S H V Real Estate Corp
Buyer's Agent
Ratul Sharma
S H V Real Estate Corp
List Price
$1,249,000
Sold Price
$1,049,000
Premium/Discount to List
-$200,000
-16.01%
Views
22
Current Estimated Value
$1,108,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,494
Avg. Annual Appreciation
2.24%

Purchase Details

Closed on
May 22, 2002
Sold by
Matevossian Levon and Matevossian Oromsime
Bought by
Matevossian Levon and Matevossian Oromsime
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ld 98 Llc $1,049,000 --
Matevossian Levon -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2023 07/06/23 Sold $1,049,000 -12.6% $459 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
03/06/2023 03/06/23 Price Changed $1,200,000 -3.9% $525 / Sq Ft
01/25/2023 01/25/23 Price Changed $1,249,000 -3.8% $547 / Sq Ft
01/10/2023 01/10/23 Price Changed $1,299,000 +4.0% $569 / Sq Ft
10/12/2022 10/12/22 For Sale $1,249,000 -- $547 / 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 $7,996 $42,200 $10,416 $31,784
2024 $7,996 $39,812 $10,382 $29,430
2023 $8,085 $39,812 $9,889 $29,923
2022 $7,888 $53,820 $16,320 $37,500
2021 $7,845 $52,200 $16,320 $35,880
2020 $7,444 $62,880 $16,320 $46,560
2019 $6,940 $66,180 $16,320 $49,860
2018 $6,763 $33,177 $8,072 $25,105
2017 $6,712 $32,926 $8,537 $24,389
2016 $6,210 $32,926 $8,537 $24,389
2015 $3,746 $29,306 $10,949 $18,357
2014 $3,746 $27,648 $12,389 $15,259
Source: Public Records

Agents Affiliated with this Home

  • Reema Sharma

    Seller's Agent in 2023

    Reema Sharma

    S H V Real Estate Corp

    (347) 886-4641

    1 in this area

    75 Total Sales

    Reema Sharma
    Section Image

  • R

    Seller Co-Listing Agent in 2023

    Rohit Sharma

    S H V Real Estate Corp

    (347) 465-1314

    1 in this area

    32 Total Sales

    Rohit Sharma
    Section Image

  • R

    Buyer's Agent in 2023

    Ratul Sharma

    S H V Real Estate Corp

    1 in this area

    40 Total Sales

    Ratul Sharma
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3436709

OneKey® MLS

APN: 01881-0036

New York Queens County Flushing 11368 Corona

48-19 98th St, Flushing, NY

Not Listed for Sale

MultiFamily

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