NOT LISTED FOR SALE

5128 Reeder St Elmhurst, NY 11373

Elmhurst Neighborhood

Estimated Value: $1,344,000 - $1,506,000

4 Beds
3 Baths
2,526 Sq Ft
$556/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $1,300,000 $515 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,715/month

65 Days on Market

Highlights

  • Wood Flooring
  • 1-minute walk to Grand Avenue-Newtown
  • 1 Car Attached Garage
  • Main Floor Bedroom
  • Skylights
  • Eat-In Kitchen

About This Home

As of March 2023

DON'T DISTURB TENANTS!! Don't miss your opportunity to own this 3 Family home in the heart of Elmhurst Queens! Meticulously kept in great shape by the current owner. Top floor apartment is a 2 bedroom/1 bath. Features include a large windowed eat-in-kitchen, an updated windowed bathroom, skylight to let natural light in, good closet space and wood floors. The 1 floor apartment is a 1 bedroom/1bath. Features include a large windowed eat-in-kitchen, windowed bathroom, good storage space and a front porch. Basement apartment is a 1 bedroom/1 bath. Features include an updated kitchen, windowed bathroom, dining area, backyard access and separate entrance. Other features include a 1 car garage, fenced in backyard and private driveway. Property contains 3 gas meters and 3 electric meters. Located close to the E, M and R trains, Q72, Q88, Q11, Q21, Q29, Q52, Q60, Q59, Q53, QM10, QM11, QM40 buses. Conveniently located near shopping, restaurants, banks, entertainment and more.

Last Agent to Sell the Property

Andrew Markowitz

Andrew J Markowitz R E LLC License #10491201398 Listed on: 10/10/2022

Last Buyer's Agent

Soo Mei Wong

Apple Realty Group Corp License #10301218893

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,480

Year Built

  • Built in 1941

Lot Details

  • 1,830 Sq Ft Lot
  • Lot Dimensions are 20x91.52
  • No Common Walls

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,526 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Wood Flooring
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Schools

  • Ps 7 Louis F Simeone Elementary School
  • Is 5 Walter Crowley Intermediate
  • Grover Cleveland High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Legal Lot and Block 23 / 1548
  • Assessor Parcel Number 01548-0023

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,480

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Building Size: 20x45
  • Year Built: 1941
  • New Construction: No
  • Attribution Contact: 646-688-5009
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: 1st Floor Bedrm, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished
  • Inclusions: Light Fixtures, Refrigerator
  • Total Bedrooms: 4
  • Living Area: 2526.00
  • Kitchens: 3
  • Window Features: Skylight(s)
  • Square Footage: 2526.00

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Report: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached, Driveway, Garage

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 7 Louis F Simeone
  • Middle School: Is 5 Walter Crowley Intermediate
  • High School: Grover Cleveland High School
  • Middle School: Is 5 Walter Crowley Intermediate

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Size Area: 0.0400
  • Lot Dimensions: 20x91.52
  • Lot Size Sq Ft: 1830.00
  • Lot Size Units: Acres
  • Parcel Number: 01548-0023
  • Property Attached: No

Rental Info

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

Tax Info

  • Close Date: 2023-03-02
  • Included in Taxes: Sewer, Trash, Water
  • Tax Annual Amount: 12480.00
  • Tax Block: 1548
  • Tax Lot: 23
  • Tax Map Number: 01548-0023

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 4

MLS Schools

  • Elementary School: Ps 7 Louis F Simeone
  • High School: Grover Cleveland High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Feb 27, 2023
Sold by
51-28 Reeder Street Llc
Bought by
Zheng Xin Zhong
Seller's Agent
Andrew Markowitz
Andrew J Markowitz R E LLC
Buyer's Agent
Soo Mei Wong
Apple Realty Group Corp
List Price
$1,118,000
Sold Price
$1,300,000
Premium/Discount to List
$182,000
16.28%
Views
22
Current Estimated Value
$1,404,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,955
Avg. Annual Appreciation
3.17%
Original Mortgage
$635,000
Outstanding Balance
$615,779
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$789,176

Purchase Details

Closed on
Jan 25, 2007
Sold by
Toufexis Executor George
Bought by
Toufexis Anastasia and Toufexis George
Source: Public Records

Range of Values:

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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
Zheng Xin Zhong $1,270,000 --
Toufexis Anastasia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Xin Zhong $241,676
Open Zheng Xin Zhong $635,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $1,300,000 +6.7% $515 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
10/13/2022 10/13/22 Price Changed $1,218,000 +8.9% $482 / Sq Ft
10/10/2022 10/10/22 For Sale $1,118,000 -- $443 / 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 $12,714 $66,486 $17,175 $49,311
2024 $12,714 $63,300 $16,020 $47,280
2023 $12,714 $63,300 $15,613 $47,687
2022 $12,426 $70,740 $20,940 $49,800
2021 $12,358 $71,400 $20,940 $50,460
2020 $11,728 $75,720 $20,940 $54,780
2019 $11,035 $77,400 $20,940 $56,460
2018 $10,753 $52,750 $18,671 $34,079
2017 $10,574 $51,871 $17,871 $34,000
2016 $9,783 $51,871 $17,871 $34,000
2015 $5,902 $46,171 $21,001 $25,170
2014 $5,902 $43,959 $22,122 $21,837
Source: Public Records

Agents Affiliated with this Home

  • Andrew Markowitz

    Seller's Agent in 2023

    Andrew Markowitz

    Andrew J Markowitz R E LLC

    (917) 548-9533

    2 in this area

    20 Total Sales

    Andrew Markowitz
    Section Image

  • S

    Buyer's Agent in 2023

    Soo Mei Wong

    Apple Realty Group Corp

    1 in this area

    9 Total Sales

    Soo Mei Wong
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3436070

OneKey® MLS

APN: 01548-0023

New York Queens County Elmhurst 11373 Elmhurst

5128 Reeder St, Elmhurst, NY

This home is located at 5128 Reeder St, Elmhurst, NY 11373 since 10 October 2022 and is currently estimated at $1,404,955, approximately $556 per square foot. This property was built in 1941. 5128 Reeder St is a home located in Queens County with nearby schools including P.S. 7 Louis F Simeone, Is 5 The Walter Crowley Intermediate School, and Newtown High School.

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