NOT LISTED FOR SALE

Estimated Value: $972,195 - $1,048,000

4 Beds
2 Baths
-- Sq Ft
1,700 Sq Ft Lot

Last Sold July 29, 2022

Last sale price $925,000

Est. 9% increase in value since last sale

Current estimated payment $5,982/month

83 Days on Market

Highlights

  • Property is near public transit
  • Skylights
  • Heating System Uses Steam
  • Cul-De-Sac
  • Eat-In Kitchen
  • Fenced

About This Home

As of July 2022

South facing, large, well-maintained two family located on a dead end block on the Astoria border. Conveniently located a few blocks from the E, M, R, N, W lines, the Grand Central Pkwy and BQE, and the restaurants, shopping and entertainment on Steinway St.! House is vacant. Upper unit is 3 bedrooms with 1 bathroom and the lower unit has 1 bedroom, 1 bathroom and lr/dr/kitchen combo. Great income potential! Private driveway, plus off street parking with a whole block of stall parking directly across the street. Lower unit kitchen not currently installed; and refrigerator and stove not present or included in upper kitchen unit.

Last Agent to Sell the Property

Kenneth Weir

EXP Realty License #10301213713 Listed on: 01/26/2022

EXP Realty

Co-Listed By

Monica Gannon

EXP Realty License #10401305749

Last Buyer's Agent

Junaid Suleman

Winzone Realty Inc License #10401319327

Winzone Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,402

Year Built

  • Built in 1940

Lot Details

  • 1,700 Sq Ft Lot
  • Lot Dimensions are 17x100
  • Cul-De-Sac
  • Fenced

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Skylights
  • Eat-In Kitchen
  • Washer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • Private Parking
  • Driveway
  • Off-Street Parking

Location

  • Property is near public transit

Schools

  • Ps 151 Mary D Carter Elementary School
  • Is 10 Horace Greeley Middle School
  • William Cullen Bryant High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Water Heater

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Microwave Oven,Refrigerator,Second Dishwasher,Second Refrigerator,Second Stove
  • Legal Lot and Block 112 / 1017
  • Assessor Parcel Number 01017-0112

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,402

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Two
  • Exclusions: Dishwasher,Dryer,Microwave Oven,Refrigerator,Second Dishwasher,Second Refrigerator,Second Stove
  • Year Built: 1940
  • Co List Office Mls Id: KEYEXP02
  • Co List Office Phone: 888-276-0630
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer, Indirect Water Heater
  • Interior Amenities: Eat-in Kitchen
  • Full Bathrooms: 2
  • Basement: Finished, Partial, Walk-Out Access
  • Total Bedrooms: 4
  • Fireplace: No
  • Window Features: Skylight(s)
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Driveway, Off Street, Private

Utilities

  • Heating: Oil, Steam
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Is 10 Horace Greeley

Lot Info

  • Lot Dimensions: 17x100
  • Lot Size Sq Ft: 1700
  • Lot Features: Cul-De-Sac, Near Public Transit
  • Parcel Number: 01017-0112
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 7402.48
  • Tax Block: 1017
  • Tax Lot: 112

MLS Schools

  • Elementary School: Ps 151 Mary D Carter
  • High School: William Cullen Bryant High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Jul 29, 2022
Sold by
Richard C Hoffmann As Trustee and The Richard C Hoffmann Living Trust
Bought by
Ahmed Jamal and Ahmed Pavel
Seller's Agent
Kenneth Weir
EXP Realty
Buyer's Agent
Junaid Suleman
Winzone Realty Inc
List Price
$999,000
Sold Price
$925,000
Premium/Discount to List
-$74,000
-7.41%
Current Estimated Value
$1,012,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,799
Avg. Annual Appreciation
2.80%
Original Mortgage
$786,250
Outstanding Balance
$751,504
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$261,295

Purchase Details

Closed on
Aug 1, 2011
Sold by
Richard C Hoffman Living Trust and Richard C Hoffman As Trustee C
Bought by
Richard C Hoffman Living Trust and Richard C Hoffmann As Trustee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$907,500
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2007
Sold by
Hoffmann Monica and Hoffmann Hoffmann
Bought by
Hoffman Richard C and The Richard Hoffmann Living Trust Utd
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
Ahmed Jamal $925,000 --
Richard C Hoffman Living Trust -- --
Richard C Hoffman Living Trust -- --
Hoffman Richard C -- --
Hoffman Richard C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Jamal $786,250
Previous Owner Richard C Hoffman Living Trust $907,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $925,000 +2.9% --
04/19/2022 04/19/22 Pending -- -- --
03/24/2022 03/24/22 Price Changed $899,000 -5.3% --
02/16/2022 02/16/22 Price Changed $949,000 -5.0% --
01/26/2022 01/26/22 For Sale $999,000 -- --
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 $7,858 $41,420 $12,003 $29,417
2024 $7,858 $39,122 $13,584 $25,538
2023 $7,858 $39,122 $14,942 $24,180
2022 $7,452 $45,360 $16,500 $28,860
2021 $7,402 $46,620 $16,500 $30,120
2020 $7,010 $51,060 $16,500 $34,560
2019 $6,527 $44,220 $16,500 $27,720
2018 $6,348 $32,602 $14,391 $18,211
2017 $6,286 $32,306 $12,969 $19,337
2016 $5,784 $32,306 $12,969 $19,337
2015 $3,456 $28,764 $13,157 $15,607
2014 $3,456 $27,169 $14,408 $12,761
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3372371

OneKey® MLS

APN: 01017-0112