NOT LISTED FOR SALE

5-25 49th Ave Long Island City, NY 11101

Hunters Point Neighborhood

Estimated Value: $1,435,000 - $2,227,000

-- Bed
-- Bath
1,080 Sq Ft
$1,557/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $1,950,000 $1,806 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $9,363/month

41 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to Vernon Boulevard-Jackson Avenue
  • 1-minute walk to Andrews Grove
  • P.S./I.S. 78Q Early Childhood Center Rated A

About This Home

As of April 2023

Beautifully remodeled throughout and bursting with bespoke character, this stunning Long Island City townhome is a rare find! Perfectly placed on a sought-after tree-lined street directly across from the park, this 3-bedroom, 2-bath brick residence has no shortage of curb appeal. Gorgeous millwork, recessed lighting, gleaming hardwood floors, and skylights combine to create an interior that's equal parts modern comfort and timeless elegance. Stainless steel appliances, ample white cabinetry, and a chic subway tile backsplash adorn the kitchen, sure to please the avid cook.

Ready to host outdoor events and gatherings? Usher guests to your private backyard where you'll find extra space for entertaining. Adding the potential for rental income, this home is approved for use as a dual residence. A fabulous location means you'll be close to Vernon Boulevard, known for an abundance of shops and dining options, the LIC Waterfront, and a station down the block where you can catch the 7 Train. Style, function, and more await you in this must-see abode. Come for a tour before the opportunity is gone for good!

Legal 2 Family being used as One Family
1,722 Unused FAR Please consult with architect
Parking Available for an additional fee

Last Agent to Sell the Property

Dimitrios Koufakos

Modern Spaces License #10401281973 Listed on: 01/18/2023

Modern Spaces

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,197

Year Built

  • Built in 1870

Lot Details

  • Lot Dimensions are 14.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 1,080 Sq Ft Home
  • 3-Story Property
  • Decorative Fireplace

Community Details

  • Long Island City Subdivision

Listing and Financial Details

  • Legal Lot and Block 17 / 31

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,197

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Cross Street: 5th Street/Vernon Boulevard
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Long Island City
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Living Area: 1080.0
  • Living Area Units: Square Feet

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 14.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1870

Tax Info

  • Tax Block: 31
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Apr 24, 2023
Sold by
Juris As Trustee Deanna and The Quercia Family 2016 Irrevocable Trus
Bought by
Horan Julia and Horan Rory
Seller's Agent
Dimitrios Koufakos
Modern Spaces
List Price
$2,198,000
Sold Price
$1,950,000
Premium/Discount to List
-$248,000
-11.28%
Views
266
Current Estimated Value
$1,681,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$268,120
Avg. Annual Appreciation
-5.61%
Original Mortgage
$1,560,000
Outstanding Balance
$1,516,644
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$165,236

Purchase Details

Closed on
Apr 25, 2016
Sold by
Quercia Anthony and Quercia Donna M
Bought by
Deanna Juris Trustee and Quercia Family 2016 Irrevocable Trust

Purchase Details

Closed on
Jan 26, 1994
Sold by
Quercia Cataldo B
Bought by
Quercia Anthony and Quercia Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Horan Julia $1,950,000 --
Deanna Juris Trustee -- --
Quercia Anthony $150,000 American Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horan Julia $1,560,000
Previous Owner Quercia Anthony $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2023 04/24/23 Sold $1,950,000 -1.9% $1,806 / Sq Ft
03/03/2023 03/03/23 Price Changed $1,988,000 -9.6% $1,841 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $2,198,000 -- $2,035 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $6,197 $32,704 $6,129 $26,575
2024 $6,197 $30,854 $5,697 $25,157
2023 $6,197 $30,854 $6,266 $24,588
2022 $4,506 $64,500 $15,720 $48,780
2021 $6,079 $53,460 $15,720 $37,740
2020 $5,769 $55,080 $15,720 $39,360
2019 $5,379 $60,660 $15,720 $44,940
2018 $5,379 $25,712 $6,657 $19,055
Source: Public Records

Agents Affiliated with this Home

  • Dimitrios Koufakos

    Seller's Agent in 2023

    Dimitrios Koufakos

    ModernSpaces

    (718) 777-2232

    2 in this area

    21 Total Sales

    Dimitrios Koufakos
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10845080

Real Estate Board of New York (REBNY)

APN: 00031-0017

New York Queens County Long Island City 11101 Hunters Point

5-25 49th Ave, Long Island City, NY

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