NOT LISTED FOR SALE

Estimated Value: $1,597,166 - $1,602,000

10 Beds
5 Baths
-- Sq Ft
5,227 Sq Ft

Last Sold March 11, 2021

Last sale price $1,400,000

Est. 14% increase in value since last sale

Current estimated payment $8,724/month

165 Days on Market

Highlights

  • Above Ground Pool
  • Property is near public transit
  • Eat-In Kitchen
  • 0.12 Acre Lot
  • Main Floor Bedroom
  • Window Unit Cooling System

About This Home

As of March 2021

Investors's delight in desirable Maspeth Queens. 5 apartments. Huge Backyard. Consists of double lot aprox 5,375 sq ft with one detached one story building - 2 beds, 1 bath. 2 additional separate attached two story buildings with 4 two bedroom one bath apartments. Above ground Pool and parking for 4+ cars. Investors, Developers and End Users welcomed.

Last Agent to Sell the Property

Team Rivera

Keller Williams Points North Brokerage Phone: 516-865-1800 License #10401327567 Listed on: 07/16/2020

Keller Williams Points North

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,645

Year Built

  • Built in 1950

Lot Details

  • 5,350 Sq Ft Lot
  • Lot Dimensions are 50x107
  • No Common Walls
  • Back Yard Fenced

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Aluminum Siding

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Main Floor Bedroom
  • 5 Full Bathrooms

Parking

  • 3 Parking Spaces
  • No Garage
  • Private Parking
  • Driveway

Schools

  • Grover Cleveland High School

Utilities

  • Window Unit Cooling System
  • Zoned Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Combination Dining and Living Room
  • Above Ground Pool
  • Property is near public transit
  • Unfinished Basement

Listing and Financial Details

  • Legal Lot and Block 5 / 2693
  • Assessor Parcel Number 02693-0005

Community Details

Overview

  • 5 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,645

Year Built

Built in 1950

Lot Details

5,350 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Year Built: 1950
  • New Construction: No
  • Attribution Contact: 516-865-1800
  • Co List Office Mls Id: ONEKEWG03
  • Co List Office Phone: 516-865-1800
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Basement: Bilco Door(s), Unfinished
  • Inclusions: A/C Units,Front Gate,Light Fixtures,Refrigerator,Screens,Storm Windows
  • Total Bedrooms: 10
  • NumberOfKitchens: 5

Exterior Features

  • Construction Materials: Brick, Frame, Aluminum Siding
  • Fencing: Back Yard, Fenced, Partial
  • Pool Features: Above Ground
  • Pool Private: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway, No Garage

Utilities

  • Cooling: Zoned, Window Unit(s)
  • Cooling: Yes
  • Heating: Electric, Natural Gas, Oil, Baseboard, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Electric Stand Alone,Fuel Oil Stand Alone,Gas Stand Alone

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 50x107
  • Lot Size Sq Ft: 5350
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02693-0005
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2021-03-01

Multi Family

  • Units Total: 5
  • Separate Electric Meters: 4
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 6645
  • Tax Block: 2693
  • Tax Lot: 5
  • Tax Map Number: 02693-0005
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • High School: Grover Cleveland High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Mar 11, 2021
Sold by
Papapietro Eugene A
Bought by
Tatra Renovation Inc
Seller's Agent
Team Rivera
Keller Williams Points North
Buyer's Agent
Team Rivera
Keller Williams Points North
List Price
$229,900,000
Sold Price
$1,400,000
Premium/Discount to List
-$228,500,000
-99.39%
Current Estimated Value
$1,599,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,583
Avg. Annual Appreciation
2.72%

Purchase Details

Closed on
Nov 3, 2015
Sold by
Papapietro Deceased Nicholas and Papapietro Deceased
Bought by
Papapietro Eugene A and Papapietro Victor A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
3.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tatra Renovation Inc $1,400,000 --
Tatra Renovation Inc $1,400,000 --
Tatra Renovation Inc $1,400,000 --
Papapietro Eugene A -- --
Papapietro Eugene A -- --
Papapietro Eugene A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Papapietro Eugene A $462,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2021 03/11/21 Sold $1,400,000 0.0% --
01/01/2021 01/01/21 Off Market $1,400,000 -- --
12/29/2020 12/29/20 Pending -- -- --
11/10/2020 11/10/20 Price Changed $1,799,999 -10.0% --
08/21/2020 08/21/20 Price Changed $1,999,999 -99.1% --
07/17/2020 07/17/20 For Sale $229,900,000 -- --
Source: OneKey® MLS

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 $5,809 $27,480 $30,655 --
2024 $5,809 $28,920 $40,406 --
2023 $7,656 $38,119 $3,654 $34,465
2022 $6,807 $157,140 $17,880 $139,260
2021 $7,530 $148,500 $17,880 $130,620
2020 $7,146 $145,740 $17,880 $127,860
2019 $6,663 $142,560 $17,880 $124,680
2018 $6,475 $31,766 $4,316 $27,450
2017 $6,121 $30,025 $4,371 $25,654
2016 $5,961 $30,025 $4,371 $25,654
2015 $3,416 $28,132 $10,748 $17,384
2014 $3,416 $26,541 $12,168 $14,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3233655

OneKey® MLS

APN: 02693-0005

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