NOT LISTED FOR SALE

Estimated Value: $984,344 - $1,155,000

5 Beds
2 Baths
-- Sq Ft
1,650 Sq Ft Lot

Last Sold September 14, 2023

Last sale price $1,050,000

Current estimated payment $6,263/month

35 Days on Market

Highlights

  • Property is near public transit
  • Ductless Heating Or Cooling System
  • Hot Water Heating System
  • Main Floor Primary Bedroom
  • Park

About This Home

As of September 2023

Introducing a Newly Renovated Two-Family House in Maspeth Queens! Located at 55-17 Andrews Ave, right on the border of Ridgewood and Maspeth, this two-family home presents an incredible opportunity for those seeking a comfortable and modern living space. Let's explore the wonderful features of this property without bullet points: This charming residence offers two separate apartments, each thoughtfully designed with open-style concepts for spacious and airy living. The first floor apartment boasts two bedrooms and one bathroom, featuring beautiful hardwood floors throughout. Stay cool and comfortable with the newly installed mini-split air conditioners. The open layout effortlessly integrates the living room, dining room, and kitchen, providing a seamless flow for everyday living. The second floor apartment is a generously-sized unit with three bedrooms and one bathroom. The open-style concept in the living room, dining room, and kitchen creates a versatile space that accommodates various living arrangements. The finished basement, with its own outside entrance, adds valuable square footage to the property. This bonus space presents endless possibilities, whether you're looking for a home office, entertainment area, or additional storage. The house has undergone extensive renovations, including all-new windows, a new roof, new siding, and updated mechanicals. These upgrades ensure durability and energy efficiency for years to come. Step outside into the private backyard, a perfect oasis for relaxation and enjoyment. The tranquil setting provides a peaceful retreat right at your doorstep. Additionally, the front area of the house has been enhanced with beautiful plants and flowers, adding charm and curb appeal. Conveniently situated in the sought-after neighborhood of Maspeth Queens, with proximity to Ridgewood, this home offers a desirable location. Enjoy easy access to a range of amenities, including parks, restaurants, and shopping options. Commuting is a breeze with excellent transportation links nearby. Don't miss out on the opportunity to own this newly renovated two-family house in Maspeth Queens. *Disclaimer: All information provided is deemed reliable but not guaranteed and should be independently verified.

Last Agent to Sell the Property

Sal Joseph Crifasi

Crifasi Real Estate Inc License #10301205163 Listed on: 06/21/2023

Last Buyer's Agent

Mario Guirguis

Charles Rutenberg Realty Inc License #10401353787

Charles Rutenberg Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,347

Year Built

  • Built in 1920

Lot Details

  • 1,650 Sq Ft Lot
  • Lot Dimensions are 22x75
  • 1 Common Wall

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • Common or Shared Parking
  • Shared Driveway

Location

  • Property is near public transit

Schools

  • Ace Academy For Scholars Elementary School
  • Is 93 Ridgewood Middle School
  • Grover Cleveland High School

Utilities

  • Ductless Heating Or Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 26 / 2642
  • Assessor Parcel Number 02642-0026

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,347

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1920
  • New Construction: No
  • BuildingSize: 18 x 50
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Master Downstairs
  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Inclusions: A/C Units,Refrigerator
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Shared Driveway, Common

Utilities

  • Cooling: Ductless
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 93 Ridgewood

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 22x75
  • Lot Size Sq Ft: 1650
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02642-0026
  • Zoning Description: R4
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-07-05

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 6347
  • Tax Block: 2642
  • Tax Lot: 26
  • Tax Map Number: 02642-0026
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ace Academy For Scholars
  • High School: Grover Cleveland High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Sep 14, 2023
Sold by
Fcw Holdings Llc
Bought by
Gerges Jacob
Seller's Agent
Sal Joseph Crifasi
Crifasi Real Estate Inc
Buyer's Agent
Mario Guirguis
Charles Rutenberg Realty Inc
List Price
$1,188,000
Sold Price
$1,050,000
Premium/Discount to List
-$138,000
-11.62%
Views
107
Current Estimated Value
$1,053,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,086
Avg. Annual Appreciation
0.15%
Original Mortgage
$840,000
Outstanding Balance
$824,159
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$228,928

Purchase Details

Closed on
Dec 20, 2022
Sold by
Chambers Margaret
Bought by
Fcw Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
7.08%
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
Gerges Jacob $1,050,000 --
Fcw Holdings Llc $505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerges Jacob $840,000
Previous Owner Fcw Holdings Llc $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $1,050,000 -4.5% --
08/01/2023 08/01/23 Pending -- -- --
07/17/2023 07/17/23 Price Changed $1,099,000 -7.5% --
06/26/2023 06/26/23 For Sale $1,188,000 -- --
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 $6,437 $33,640 $5,315 $28,325
2024 $6,437 $32,048 $6,069 $25,979
2023 $6,425 $31,987 $5,424 $26,563
2022 $6,239 $54,240 $8,760 $45,480
2021 $6,253 $57,180 $8,760 $48,420
2020 $5,934 $53,040 $8,760 $44,280
2019 $5,587 $55,560 $8,760 $46,800
2018 $5,434 $26,656 $5,600 $21,056
2017 $2,706 $26,043 $5,960 $20,083
2016 $4,950 $26,043 $5,960 $20,083
2015 $2,963 $23,361 $7,292 $16,069
2014 $2,963 $22,256 $7,959 $14,297
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3486239

OneKey® MLS

APN: 02642-0026