NOT LISTED FOR SALE

5745 Rust St Flushing, NY 11378

Maspeth Neighborhood

Estimated Value: $9,679,387

-- Bed
-- Bath
30,055 Sq Ft
$322/Sq Ft Est. Value

About This Home

This home is located at 5745 Rust St, Flushing, NY 11378 and is currently estimated at $9,679,387, approximately $322 per square foot. 5745 Rust St is a home located in Queens County with nearby schools including I.S. 093 Ridgewood, Grover Cleveland High School, and St. Stanislaus Kostka Catholic Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Best Team Group Llc
Bought by
D & Y Group Llc
Current Estimated Value
$9,679,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2019
Sold by
Best Team Group Llc New York Llc
Bought by
Best Team Group Llc Delaware Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,188,819
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2017
Sold by
Maspeth Development Llc
Bought by
Best Team Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2016
Sold by
Maspeth Development Llc
Bought by
E L Daw Inc

Purchase Details

Closed on
Oct 28, 2005
Sold by
San Sung Korean Methodist Church Of New
Bought by
Maspeth Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,878,644
Interest Rate
5.93%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
D & Y Group Llc -- --
D & Y Group Llc -- --
Best Team Group Llc Delaware Llc -- --
Best Team Group Llc Delaware Llc -- --
Best Team Group Llc $8,121,000 --
Best Team Group Llc $8,121,000 --
E L Daw Inc $1,268,906 --
E L Daw Inc $1,268,906 --
Maspeth Development Llc $6,000,000 --
Maspeth Development Llc $6,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D & Y Group Llc $1,500,000
Open D & Y Group Llc $3,000,000
Closed D & Y Group Llc $500,000
Closed D & Y Group Llc $2,000,000
Previous Owner Best Team Group Llc Delaware Llc $3,188,819
Previous Owner Best Team Group Llc $4,800,000
Previous Owner Best Team Group Llc $600,000
Previous Owner Maspeth Development Llc $2,878,644
Previous Owner Methodis San Sung Korean $345,610
Source: Public Records

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 $182,744 $1,773,990 $783,450 $990,540
2024 $182,744 $1,725,300 $783,450 $941,850
2023 $178,454 $1,684,800 $783,450 $901,350
2022 $178,296 $1,781,550 $783,450 $998,100
2021 $158,565 $1,482,750 $783,450 $699,300
2020 $176,000 $1,683,000 $783,450 $899,550
2019 $175,047 $1,670,850 $783,450 $887,400
2018 $171,558 $1,631,712 $767,262 $864,450
2017 $39,570 $757,029 $757,029 $0
2016 $102,820 $757,029 $757,029 $0
2015 $50,732 $958,209 $958,209 $0
2014 $50,732 $927,108 $927,108 $0
Source: Public Records

Map

New York Queens County Flushing 11378 Maspeth

5745 Rust St, Flushing, NY

This home is located at 5745 Rust St, Flushing, NY 11378 and is currently estimated at $9,679,387, approximately $322 per square foot. 5745 Rust St is a home located in Queens County with nearby schools including I.S. 093 Ridgewood, Grover Cleveland High School, and St. Stanislaus Kostka Catholic Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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