5888 56th St Flushing, NY 11378
Maspeth NeighborhoodEstimated Value: $3,755,246
Studio
--
Bath
9,000
Sq Ft
$417/Sq Ft
Est. Value
About This Home
This home is located at 5888 56th St, Flushing, NY 11378 and is currently priced at $3,755,246, approximately $417 per square foot. 5888 56th 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
Jul 25, 2024
Sold by
58-88 Realty Group Llc
Bought by
56 Street Rpb Llc and Cal Broadway Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,510,000
Outstanding Balance
$1,490,170
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 7, 2017
Sold by
58-88 56Th Street Llc and Winifred C
Bought by
58-88 Realty 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
$1,575,000
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 16, 2013
Sold by
58-88 56Th Street Llc
Bought by
58-88 56Th Street Llc
Purchase Details
Closed on
Nov 14, 2008
Sold by
Clark Winifred Q and Clark William P
Bought by
Clark Winifred Q
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 56 Street Rpb Llc | $3,545,000 | -- | |
| 56 Street Rpb Llc | $3,545,000 | -- | |
| 58-88 Realty Group Llc | $3,150,000 | -- | |
| 58-88 Realty Group Llc | $3,150,000 | -- | |
| 58-88 Realty Group Llc | $3,150,000 | -- | |
| 58-88 56Th Street Llc | -- | -- | |
| 58-88 56Th Street Llc | -- | -- | |
| Clark Winifred Q | -- | -- | |
| Clark Winifred Q | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 56 Street Rpb Llc | $1,510,000 | |
| Closed | 56 Street Rpb Llc | $1,510,000 | |
| Previous Owner | 58-88 Realty Group Llc | $1,575,000 |
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 | $37,264 | $351,270 | $101,250 | $250,020 |
| 2024 | $37,264 | $351,810 | $101,250 | $250,560 |
| 2023 | $37,006 | $349,380 | $101,250 | $248,130 |
| 2022 | $37,402 | $351,900 | $101,250 | $250,650 |
| 2021 | $31,376 | $293,400 | $101,250 | $192,150 |
| 2020 | $37,269 | $382,950 | $101,250 | $281,700 |
| 2019 | $34,794 | $355,500 | $101,250 | $254,250 |
| 2018 | $32,513 | $309,240 | $101,250 | $207,990 |
| 2017 | $27,602 | $262,530 | $96,300 | $166,230 |
| 2016 | $22,935 | $262,530 | $96,300 | $166,230 |
| 2015 | $8,050 | $171,480 | $86,400 | $85,080 |
| 2014 | $8,050 | $138,630 | $81,450 | $57,180 |
Source: Public Records
Map
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