NOT LISTED FOR SALE

50-22 65th St Flushing, NY 11377

Maspeth Neighborhood

Estimated Value: $844,000 - $1,171,000

4 Beds
2 Baths
-- Sq Ft
2,000 Sq Ft Lot

Last Sold February 20, 2024

Last sale price $970,000

Est. 7% increase in value since last sale

Current estimated payment $6,157/month

67 Days on Market

Highlights

  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening
  • 3-minute walk to Nathan Weidenbaum Playground
  • P.S. 229 Emanuel Kaplan Rated A-
  • Forced Air Heating System

About This Home

As of February 2024

Recently renovated legal 2-Family on a bright and lovely block in Woodside. Walking distance to PS 229 and IS 5. Close to shops and bus stops (Q18, Q60 Q32 and many QMxx) along Queens Blvd.as well as 7 subway line. Easy to commute and convenient for all! Great for investment.

Last Agent to Sell the Property

Hui Fang Chen

AAA Young Shuen Realty Inc Brokerage Phone: 718-461-9494 License #40CH0788536 Listed on: 09/29/2023

Last Buyer's Agent

Hui Fang Chen

AAA Young Shuen Realty Inc Brokerage Phone: 718-461-9494 License #40CH0788536 Listed on: 09/29/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,754

Year Built

  • Built in 1950

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • Two or More Common Walls

Home Design

  • Brick Exterior Construction

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Private Parking
  • Driveway

Schools

  • Ps 229 Emanuel Kaplan Elementary School
  • Is 5 Walter Crowley Intermediate
  • Grover Cleveland High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 135 / 2340
  • Assessor Parcel Number 02340-0135

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,754

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1950
  • New Construction: No
  • Attribution Contact: 718-461-9494
  • BuildingSize: 20 x 54
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: None
  • Inclusions: A/C Units,Dishwasher,Dryer,Refrigerator,Second Stove,Washer
  • Total Bedrooms: 4
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

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

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 5 Walter Crowley Intermediate

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02340-0135
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-10-02

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 8754
  • Tax Block: 2340
  • Tax Lot: 135
  • Tax Map Number: 02340-0135
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Ps 229 Emanuel Kaplan
  • High School: Grover Cleveland High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Feb 20, 2024
Sold by
Petrescu Eduard and Petrescu Marcela L
Bought by
Bouandas Imadeddine
Seller's Agent
Hui Fang Chen
AAA Young Shuen Realty Inc
Buyer's Agent
Hui Fang Chen
AAA Young Shuen Realty Inc
List Price
$1,080,000
Sold Price
$970,000
Premium/Discount to List
-$110,000
-10.19%
Views
3514
Current Estimated Value
$1,037,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,011
Avg. Annual Appreciation
4.03%
Original Mortgage
$270,000
Outstanding Balance
$265,273
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$771,738

Purchase Details

Closed on
Jun 22, 2018
Sold by
Petrescu Eduard and Petrescu Marcela L
Bought by
Petrescu Eduard and Petrescu Marcela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 29, 2010
Sold by
Mary Supino
Bought by
Petrescu Eduard and Petrescu Marcela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,824
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
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
Bouandas Imadeddine $970,000 --
Bouandas Imadeddine $970,000 --
Petrescu Eduard -- --
Petrescu Eduard -- --
Petrescu Eduard $540,000 --
Petrescu Eduard $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bouandas Imadeddine $270,000
Closed Bouandas Imadeddine $270,000
Previous Owner Petrescu Eduard $0
Previous Owner Petrescu Eduard $206,676
Previous Owner Petrescu Eduard $532,824
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2024 02/20/24 Sold $970,000 -8.5% --
12/06/2023 12/06/23 Pending -- -- --
11/02/2023 11/02/23 Price Changed $1,060,000 -0.9% --
10/18/2023 10/18/23 Price Changed $1,070,000 -0.9% --
09/29/2023 09/29/23 For Sale $1,080,000 -- --
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 $8,743 $46,037 $15,822 $30,215
2024 $8,743 $43,531 $14,059 $29,472
2023 $8,743 $43,531 $12,812 $30,719
2022 $8,605 $61,860 $19,920 $41,940
2021 $8,558 $52,920 $19,920 $33,000
2020 $8,121 $49,440 $19,920 $29,520
2019 $7,589 $50,820 $19,920 $30,900
2018 $7,395 $36,276 $16,166 $20,110
2017 $7,341 $36,012 $14,183 $21,829
2016 $6,808 $36,012 $14,183 $21,829
2015 $3,934 $30,770 $15,089 $15,681
2014 $3,934 $29,030 $16,938 $12,092
Source: Public Records

Agents Affiliated with this Home

  • Hui Fang Chen

    Seller's Agent in 2024

    Hui Fang Chen

    AAA Young Shuen Realty Inc

    (718) 461-9494

    3 in this area

    80 Total Sales

    Hui Fang Chen
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Map

Source: OneKey® MLS

MLS Number: KEY3507558

OneKey® MLS

APN: 02340-0135

New York Queens County Flushing 11377 Maspeth

50-22 65th St, Flushing, NY

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