NOT LISTED FOR SALE

51-20 48th St Flushing, NY 11377

Maspeth Neighborhood

Estimated Value: $1,134,000 - $1,197,000

5 Beds
3 Baths
1,760 Sq Ft
$664/Sq Ft Est. Value

Last Sold August 07, 2024

Last sale price $990,000 $562 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,839/month

74 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Heating System Uses Steam

About This Home

As of August 2024

Rarely listed, two family brick home on the border of Woodside and Sunnyside. Entire home will be vacant - two garages PLUS 2 outdoor parking spaces.

Last Agent to Sell the Property

Cody Macaluso

Macaluso Realty Brokerage Phone: 718-894-5000 License #10301221305 Listed on: 03/20/2024

Last Buyer's Agent

John Martinez

Macaluso Realty License #40MA1178825

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 1930

Lot Details

  • 1,900 Sq Ft Lot
  • Lot Dimensions are 20x95
  • Two or More Common Walls

Parking

  • 2 Car Attached Garage
  • Shared Driveway
  • Parking Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Ps 84 Steinway Middle School
  • Long Island City High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Legal Lot and Block 35 / 2305
  • Assessor Parcel Number 02305-0035

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,000

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: GREAT
  • Levels: Two
  • Year Built: 1930
  • New Construction: No
  • Attribution Contact: 718-894-5000
  • Co List Office Mls Id: ONETJM01
  • Co List Office Phone: 718-894-5000
  • BuildingSize: 20 x 44
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Partial
  • Total Bedrooms: 5
  • Living Area: 1760
  • SquareFootage: 1760.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Shared Driveway, Attached, 2 Car Attached, Parking Lot

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1
  • SeparateHotwaterHeaterDetail: y

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 84 Steinway

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 20x95
  • Lot Size Sq Ft: 1900
  • Lot Size Units: Acres
  • Parcel Number: 02305-0035
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity

Multi Family

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

Tax Info

  • Tax Annual Amount: 10000
  • Tax Block: 2305
  • Tax Lot: 35
  • Tax Map Number: 02305-0035
  • IncludedInTaxes: Trash

MLS Schools

  • High School: Long Island City High School
  • Middle School District: Queens 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2025
Sold by
Budhathoki Shiv S
Bought by
Basnet Dhan K
Current Estimated Value
$1,168,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Outstanding Balance
$951,167
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$217,226

Purchase Details

Listed on
Mar 20, 2024
Closed on
Aug 7, 2024
Sold by
Estate Of Angelina Marino and Peter S Marino As Administrator
Bought by
Budhathoki Shiv S
Seller's Agent
Cody Macaluso
Macaluso Realty
Buyer's Agent
John Martinez
Macaluso Realty
List Price
$1,150,000
Sold Price
$990,000
Premium/Discount to List
-$160,000
-13.91%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.55%
Original Mortgage
$790,000
Interest Rate
6.95%
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
Basnet Dhan K $1,190,000 --
Budhathoki Shiv S $987,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basnet Dhan K $952,000
Previous Owner Budhathoki Shiv S $790,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2024 08/07/24 Sold $990,000 +0.2% $563 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/16/2024 05/16/24 Price Changed $988,000 -14.1% $561 / Sq Ft
04/30/2024 04/30/24 For Sale $1,150,000 0.0% $653 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/24/2024 04/24/24 Price Changed $1,150,000 -3.2% $653 / Sq Ft
03/20/2024 03/20/24 For Sale $1,188,000 -- $675 / 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 $8,321 $45,400 $7,138 $38,262
2024 $8,602 $42,830 $7,187 $35,643
2023 $7,835 $40,409 $6,447 $33,962
2022 $5,324 $56,340 $10,320 $46,020
2021 $5,947 $59,340 $10,320 $49,020
2020 $5,710 $58,620 $10,320 $48,300
2019 $5,307 $50,220 $10,320 $39,900
2018 $3,821 $33,674 $6,806 $26,868
2017 $6,420 $32,962 $6,196 $26,766
2016 $6,280 $32,962 $6,196 $26,766
2015 $3,531 $31,528 $8,171 $23,357
2014 $3,531 $29,744 $8,634 $21,110
Source: Public Records

Agents Affiliated with this Home

  • Cody Macaluso

    Seller's Agent in 2024

    Cody Macaluso

    Macaluso Realty

    (718) 894-5000

    8 in this area

    72 Total Sales

    Cody Macaluso
    Section Image

  • J

    Buyer's Agent in 2024

    John Martinez

    Macaluso Realty

    (718) 894-5000

    1 in this area

    7 Total Sales

    John Martinez
    Section Image

  • A

    Buyer Co-Listing Agent in 2024

    Antoniette Caruana

    Macaluso Realty

    (718) 894-5000

    3 in this area

    19 Total Sales

    Antoniette Caruana
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3539170

OneKey® MLS

APN: 02305-0035

New York Queens County Flushing 11377 Maspeth

51-20 48th St, Flushing, NY

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