NOT LISTED FOR SALE

51-39 Codwise Place New York City, NY 11373

Elmhurst Neighborhood

Estimated Value: $1,446,000 - $1,730,000

7 Beds
6 Baths
3,628 Sq Ft
$446/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $1,530,000 $422 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,902/month

205 Days on Market

Highlights

  • Community Garden
  • Entrance Foyer
  • Garage
  • Balcony
  • Garden
  • 4-minute walk to Long Island Mews

About This Home

As of December 2021

Welcome home to Codwise Place! This legal 3-family home in Elmhurst features 4,800 SF of living space over four levels. It's been owned by the same family since it was purchased brand new back in 1969. The first floor features a 1 BR/1 BR apartment with direct access to the backyard. The second floor features a 3 BR/1.5 BR apartment with a terrace facing the front of the building. The third floor includes another 3 BR/1 BR apartment with a similar layout. The building also includes a finished basement.

The building has been well maintained throughout the years, however, it does require some updating. The mechanicals are in good working condition. The roof is in good condition. The building dimensions are 22 x 58. All of the units feature original hardwood floors. It's a great location conveniently located near the M & R trains at Grand Avenue. It has easy access to Queens boulevard & the Long Island Expressway. The Queens Center mall is also nearby. The building will be delivered partially vacant at closing. The first and second-floor apartments are currently vacant. It's being sold with the third-floor tenant.

Cash buyers only. Price negotiable. Co-brokers welcome. Call the listing agent to schedule a showing.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,851

Year Built

  • Built in 1966

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 22.0 x 100.0
  • Garden

Parking

  • Garage

Home Design

  • Triplex

Interior Spaces

  • 3,628 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer

Bedrooms and Bathrooms

  • 7 Bedrooms

Outdoor Features

  • Balcony

Community Details

Overview

  • 3 Units
  • Elmhurst Subdivision

Amenities

  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,851

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Exposures: East,West
  • Property SubType: Triplex
  • Property Type: Residential
  • Neighborhood: Elmhurst
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area: 3628.0
  • Living Area Units: Square Feet
  • Rooms (Total): 14

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Bathrooms Integer: 5
  • Bedrooms: 7

Exterior Features

  • Exterior Features: Building Garden, Balcony, Garden
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Area: 2200.0
  • Lot Size Dimensions: 22.0 x 100.0

Building Info

  • Units: 3
  • Total Stories: 3
  • Year Built: 1966

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Dec 22, 2021
Sold by
Henao Ancizar
Bought by
Lin Qiyue and Lin Xiu Hao
List Price
$1,749,000
Sold Price
$1,530,000
Premium/Discount to List
-$219,000
-12.52%
Total Days on Market
205
Current Estimated Value
$1,618,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,074
Avg. Annual Appreciation
1.53%
Original Mortgage
$900,000
Outstanding Balance
$831,156
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$786,918
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
Lin Qiyue $1,530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Qiyue $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $1,530,000 -12.5% $422 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $1,749,000 -- $482 / 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 $13,851 $73,099 $16,959 $56,140
2024 $13,851 $68,962 $17,347 $51,615
2023 $13,067 $65,059 $15,855 $49,204
2022 $12,988 $89,580 $24,360 $65,220
2021 $13,293 $85,560 $24,360 $61,200
2020 $12,598 $80,580 $24,360 $56,220
2019 $11,729 $72,960 $24,360 $48,600
2018 $10,754 $54,216 $21,924 $32,292
2017 $10,752 $54,216 $19,653 $34,563
2016 $10,447 $54,216 $19,653 $34,563
2015 $6,137 $50,763 $21,721 $29,042
2014 $6,137 $47,890 $24,599 $23,291
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10808481

Real Estate Board of New York (REBNY)

APN: 02473-0086

New York Queens County New York 11373 Elmhurst

51-39 Codwise Place, New York, NY

This home is located at 51-39 Codwise Place, New York City, NY 11373 since 08 March 2021 and is currently estimated at $1,618,074, approximately $445 per square foot. This property was built in 1966. 51-39 Codwise Place is a home located in Queens County with nearby schools including P.S. 102 Bayview, IS 73 - The Frank Sansivieri School, and Newtown High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) 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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