NOT LISTED FOR SALE

Estimated Value: $923,456 - $1,081,000

6 Beds
3 Baths
-- Sq Ft
1,600 Sq Ft Lot

Last Sold November 17, 2022

Last sale price $860,000

Est. 15% increase in value since last sale

Current estimated payment $5,837/month

19 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • Combination Dining and Living Room
  • Property is near public transit
  • Park
  • Hot Water Heating System

About This Home

As of November 2022

Incredible investment opportunity to own this triplex-style home located in Corona area of Flushing Queens, NY. Walk into equity when purchasing this 6 bedroom, 3 bathroom, 1 car garage parking home. First floor is a walk-in unit with one bedroom that can be used with the second floor or independently. The second floor consists of a spacious 3-bedroom apartment. The third floor consists of a spacious 2 bedroom apt. The property is currently vacant and ready for your own personal touch! Close to town, long island expressway, and bus stop. Nearby New York Hall Of Science, Queens Zoo, Flushing Meadows Corona Park, Queens Center Mall, Rego Park Mall, restaurants, and local shops. House is being sold "As-Is".

Last Agent to Sell the Property

Avinash Dilchand

Taft Corp License #10301221048 Listed on: 10/12/2022

Last Buyer's Agent

Avinash Dilchand

Taft Corp License #10301221048 Listed on: 10/12/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,008

Year Built

  • Built in 1910

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 20x80
  • No Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 14 Fairview Elementary School
  • Is 61 Leonardo Da Vinci Middle School
  • Aviation Career And Tech High School

Utilities

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

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,008

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: needs work
  • Year Built: 1910
  • New Construction: No
  • Attribution Contact: 718-418-3977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Living Room / Dining Room
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Walk-Out Access
  • Total Bedrooms: 6
  • Kitchens: 3

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Report: No

Garage/Parking

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

Utilities

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

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 14 Fairview
  • Middle School: Is 61 Leonardo Da Vinci
  • High School: Aviation Career And Tech High School
  • Middle School: Is 61 Leonardo Da Vinci

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Size Area: 0.0400
  • Lot Dimensions: 20x80
  • Lot Size Sq Ft: 1600.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-11-17
  • Included in Taxes: Sewer
  • Tax Annual Amount: 6008.00

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

MLS Schools

  • Elementary School: Ps 14 Fairview
  • High School: Aviation Career And Tech High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Nov 17, 2022
Sold by
5611 Waldron Partners Llc
Bought by
Gong Lai Ngai and Jiang Faxian
Seller's Agent
Avinash Dilchand
Taft Corp
Buyer's Agent
Avinash Dilchand
Taft Corp
List Price
$869,000
Sold Price
$860,000
Premium/Discount to List
-$9,000
-1.04%
Views
25
Current Estimated Value
$985,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,864
Avg. Annual Appreciation
4.86%

Purchase Details

Listed on
Sep 29, 2021
Closed on
Jun 30, 2022
Sold by
Us Bank National Association As Trust
Bought by
5611 Waldron Partners Llc
Seller's Agent
Sylvia Woods
List Price
$700,000
Sold Price
$716,000
Premium/Discount to List
$16,000
2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.10%
Original Mortgage
$740,000
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2021
Sold by
Lalande Esq. Fearonce and Lopez Fausto P
Bought by
Us Bank National Association As Trust

Purchase Details

Closed on
Nov 1, 2016
Sold by
Lopez Fausto P
Bought by
Kabir Md H

Purchase Details

Closed on
Jun 22, 2005
Sold by
Forero Degallego Blanca M and Gallego-Forero Orlando
Bought by
Lopez Fausto P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.71%
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
Gong Lai Ngai $860,000 --
5611 Waldron Partners Llc $716,000 --
Us Bank National Association As Trust $720,000 --
Kabir Md H -- --
Lopez Fausto P $480,000 --
Lopez Fausto P $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 5611 Waldron Partners Llc $740,000
Previous Owner Lopez Fausto P $72,000
Previous Owner Lopez Fausto P $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2022 11/17/22 Sold $860,000 -1.0% --
10/31/2022 10/31/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $869,000 +21.4% --
07/05/2022 07/05/22 Sold $716,000 +2.3% $362 / Sq Ft View Prior Sale
11/04/2021 11/04/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $700,000 -- $354 / 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 $7,320 $38,416 $6,325 $32,091
2024 $7,320 $36,444 $6,344 $30,100
2023 $6,390 $31,814 $5,118 $26,696
2022 $6,008 $49,800 $9,180 $40,620
2021 $6,334 $49,680 $9,180 $40,500
2020 $6,263 $50,820 $9,180 $41,640
2019 $5,846 $53,460 $9,180 $44,280
2018 $5,404 $26,512 $4,941 $21,571
2017 $5,113 $25,081 $6,130 $18,951
2016 $5,014 $25,081 $6,130 $18,951
2015 $2,854 $24,657 $7,328 $17,329
2014 $2,854 $23,288 $7,069 $16,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3437603

OneKey® MLS

APN: 01953-0056