50-55 45th St Flushing, NY 11377
Long Island City Neighborhood
5
Beds
2.5
Baths
1,408
Sq Ft
2,000
Sq Ft Lot
About This Home
As of December 2024Welcome to your new investment opportunity in the heart of Sunnyside, Queens! This meticulously maintained and spacious 2-family home with a 2-car garage offers the perfect blend of comfortable living and rental income potential.
Property Features:
The property is designed as a legal 2-family home, allowing you to generate rental income or accommodate extended family. Both units offer comfortable living spaces with plenty of natural light, providing a warm and inviting atmosphere for all occupants. A rare find in this neighborhood, the 2-car garage provides secure parking and additional storage space, a valuable asset in New York City.
Enjoy the outdoors with a private backyard that's perfect for relaxing, gardening, or entertaining guests. Embrace green living with the recently installed solar panels, providing energy efficiency and reducing your carbon footprint. Enjoy the benefits of lower utility costs while contributing to a more sustainable future.
Location:
Nestled in one of Queens' most sought-after neighborhoods, this property is conveniently situated near transportation, shops, restaurants, and schools. Sunnyside is known for its tree-lined streets and friendly community, making it an ideal place to call home.
With easy access to public transportation options such as the 7 train and multiple bus lines, commuting in and around the city is a breeze.
This is a fantastic opportunity to own a 2-family home with a 2-car garage in the vibrant Sunnyside neighborhood. Whether you're looking to generate rental income, house extended family, or a combination of both, this property offers endless possibilities. Don't miss out on this rare find in one of Queens' most desirable locations. Schedule your showing today!
Last Agent to Sell the Property
Bond New York Properties LLC License #10301212158 Listed on: 11/09/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,248
Year Built
- Built in 1930
Lot Details
- 2,000 Sq Ft Lot
Parking
- Garage
Interior Spaces
- 1,408 Sq Ft Home
- 2-Story Property
- Laundry in Garage
Bedrooms and Bathrooms
- 5 Bedrooms
Community Details
- No Home Owners Association
- 2 Units
- Woodside Subdivision
Listing and Financial Details
- Property Available on 11/9/23
- Legal Lot and Block 16 / 2295
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2023
Closed on
Dec 11, 2024
Sold by
Jeffcoat Marvin
Bought by
Gualpa Jose Ramon Rivera and Gualpa Jara
Seller's Agent
Andy Ovanessian
Bond New York Properties LLC
List Price
$1,100,000
Sold Price
$990,000
Premium/Discount to List
-$110,000
-10%
Views
266
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,911
Avg. Annual Appreciation
2.10%
Original Mortgage
$742,000
Outstanding Balance
$738,135
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$265,095
Purchase Details
Closed on
Jun 27, 2006
Sold by
Ahmed Jamaluddin
Bought by
Jeffcoat Marvin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 10, 2005
Sold by
Eivers As Trustee Denise M and Estate Of John Timlin
Bought by
Ahmed Jamaluddin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,350
Interest Rate
5.71%
Purchase Details
Closed on
Oct 28, 2003
Sold by
Eivers Denise M and Lynn Lorraine A
Bought by
Eivers Denise M and Lynn Lorraine A
Purchase Details
Closed on
Dec 17, 1996
Sold by
Timlin John and Timlin Nora
Bought by
Timlin John
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $990,000 | -- | |
| Deed | $680,000 | -- | |
| Deed | $680,000 | -- | |
| Deed | $505,000 | -- | |
| Deed | $505,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $742,000 | Purchase Money Mortgage | |
| Previous Owner | $4,354 | Unknown | |
| Previous Owner | $3,865 | Unknown | |
| Previous Owner | $674,900 | VA | |
| Previous Owner | $136,000 | No Value Available | |
| Previous Owner | $544,000 | Purchase Money Mortgage | |
| Previous Owner | $44,350 | No Value Available | |
| Previous Owner | $359,650 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2024 12/15/24 | Sold | $990,000 | -7.9% | $703 / Sq Ft |
| 10/23/2024 10/23/24 | Pending | -- | -- | -- |
| 10/08/2024 10/08/24 | Price Changed | $1,075,000 | -2.3% | $763 / Sq Ft |
| 07/12/2024 07/12/24 | For Sale | $1,100,000 | +11.1% | $781 / Sq Ft |
| 05/09/2024 05/09/24 | Off Market | $990,000 | -- | -- |
| 05/06/2024 05/06/24 | Price Changed | $1,100,000 | -6.8% | $781 / Sq Ft |
| 02/01/2024 02/01/24 | Price Changed | $1,180,000 | -1.7% | $838 / Sq Ft |
| 11/10/2023 11/10/23 | For Sale | $1,200,000 | -- | $852 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $4,342 | $38,168 | $7,055 | $31,113 |
| 2024 | $4,354 | $37,416 | $7,605 | $29,811 |
| 2023 | $3,997 | $35,698 | $8,022 | $27,676 |
| 2022 | $3,679 | $54,660 | $12,000 | $42,660 |
| 2021 | $3,462 | $54,240 | $12,000 | $42,240 |
| 2020 | $3,389 | $48,780 | $12,000 | $36,780 |
| 2019 | $3,217 | $53,760 | $12,000 | $41,760 |
| 2018 | $2,831 | $29,748 | $5,765 | $23,983 |
| 2017 | $3,186 | $28,314 | $7,480 | $20,834 |
| 2016 | $2,915 | $28,314 | $7,480 | $20,834 |
| 2015 | $2,237 | $26,506 | $9,973 | $16,533 |
| 2014 | $2,237 | $25,984 | $11,724 | $14,260 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Andy Ovanessian
Bond New York Properties LLC
(917) 684-9838
1 in this area
1 Total Sale
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10984803
APN: 02295-0016
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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