NOT LISTED FOR SALE

Estimated Value: $1,623,000 - $1,836,000

8 Beds
6 Baths
2,420 Sq Ft
$715/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $1,675,000 $692 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,948/month

45 Days on Market

Highlights

  • Skyline View
  • Main Floor Bedroom
  • Balcony
  • Wood Flooring
  • Den
  • Skylights

About This Home

As of September 2024

Welcome to the DREAM home that you've been anticipating to see,The time has finally arrived - Iconic New York Real Estate is officially on the market This beautifully renovated 8 bedroom 6 bathroom Legal Multi-Family Triplex with an attached backyard oasis with four car parking access via driveway and renovated garage in the heart of Maspeth will leave you in AWE. This location is ideal as it is just minutes away from Williamsburg. As you walk into this home you are received by an elegant long hallway setting off a very grand ambiance. The first floor of this beautiful property hosts a renovated Two Bedroom - One Bathroom apartment, Second and third floors host 3 bedroom and 2 bathroom apartments, 12x5 Ft Balcony on the second unit. The fully finished basement with outside access will leave you amazed ! This property is to be sold in a package deal with 59-21 59th drive - The combined back yards is ideal for extended family and seasoned investors that want their tenants to live in luxury. This property is too iconic for words, it must be experienced ! Owned Solar Panels Included ! The perks and additions are endless, Will not Last ! WELCOME TO 59-21st 59th Drive !

Last Agent to Sell the Property

Luis Genao

Oversouth LLC Brokerage Phone: 617-505-8798 License #10401348398 Listed on: 05/20/2024

Last Buyer's Agent

Luis Genao

Oversouth LLC Brokerage Phone: 617-505-8798 License #10401348398 Listed on: 05/20/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,000

Year Built

  • Built in 1970 | Remodeled in 2020

Lot Details

  • 3,100 Sq Ft Lot
  • Lot Dimensions are 31x100
  • No Common Walls
  • Private Entrance
  • Back Yard Fenced

Parking

  • 4 Car Attached Garage
  • Driveway

Home Design

  • 3-Story Property
  • Brick Exterior Construction

Interior Spaces

  • 2,420 Sq Ft Home
  • Skylights
  • New Windows
  • ENERGY STAR Qualified Doors
  • Den
  • Wood Flooring
  • Skyline Views

Kitchen

  • Eat-In Kitchen
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • 6 Full Bathrooms

Laundry

  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Home Security System
  • Fire Sprinkler System

Schools

  • Ps 153 Maspeth Elementary School
  • Is 73 Frank Sansivieri Inter Middle School
  • Maspeth High School

Utilities

  • Cooling Available
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • ENERGY STAR Qualified Water Heater

Additional Features

  • Green Certified Home
  • Balcony

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 87 / 2654
  • Assessor Parcel Number 02654-0087

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,000

Year Built

Built in 1970 | Remodeled in 2020

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1970
  • New Construction: No
  • Year Built Effective: 2020
  • Attribution Contact: 617-505-8798
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Stove, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater
  • Interior Amenities: First Floor Bedroom, Den/Family Room, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Door Features: ENERGY STAR Qualified Doors
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Alarm System,Dishwasher,Dryer,Energy Star Appliance(s),Microwave,Refrigerator,Video Cameras
  • Total Bedrooms: 8
  • Living Area: 2420
  • Window Features: New Windows, Skylight(s)
  • SquareFootage: 2420.00
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard, Fenced
  • View: City, Skyline
  • Exterior Features: Balcony, Private Entrance
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Private, Attached, 4+ Car Attached, Driveway, Garage

Utilities

  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Security: Security System, Fire Splinkler System
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 3

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 73 Frank Sansivieri Inter School

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 31x100
  • Lot Size Sq Ft: 3100
  • Lot Size Units: Acres
  • Parcel Number: 02654-0087
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Green Features

  • Green Building Verification Type: Green Certified
  • Green Energy Generation: Solar

Rental Info

  • Lease Considered: No
  • Tenant Pays: All Utilities

Multi Family

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

Tax Info

  • Tax Annual Amount: 7000
  • Tax Block: 2654
  • Tax Lot: 87
  • Tax Map Number: 02654-0087

MLS Schools

  • Elementary School: Ps 153 Maspeth Elementary
  • High School: Maspeth High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Sep 13, 2024
Sold by
Ortiz Jaris and Ortiz Luis
Bought by
5921 Maspeth Llc
Seller's Agent
Luis Genao
Oversouth LLC
Buyer's Agent
Luis Genao
Oversouth LLC
List Price
$1,890,000
Sold Price
$1,675,000
Premium/Discount to List
-$215,000
-11.38%
Views
18
Current Estimated Value
$1,730,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,362
Avg. Annual Appreciation
2.02%

Purchase Details

Closed on
Aug 6, 2012
Sold by
Ortiz Jaris
Bought by
Ortiz Jaris and Ortiz Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,217
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2003
Sold by
Nadar Sam K
Bought by
Ortiz Jaris
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
5921 Maspeth Llc $1,725,000 --
Ortiz Jaris -- --
Ortiz Jaris -- --
Ortiz Jaris $425,000 --
Ortiz Jaris $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Jaris $807,731
Previous Owner Ortiz Jaris $752,000
Previous Owner Ortiz Jaris $10,217
Previous Owner Ortiz Jaris $100,000
Closed Ortiz Jaris $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $1,675,000 -11.4% $692 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $1,890,000 -- $781 / 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 $9,720 $52,778 $8,127 $44,651
2024 $7,132 $49,793 $7,350 $42,443
2023 $9,154 $46,978 $5,905 $41,073
2022 $6,293 $73,680 $10,920 $62,760
2021 $6,781 $78,840 $10,920 $67,920
2020 $9,014 $86,640 $10,920 $75,720
2019 $8,380 $79,440 $10,920 $68,520
2018 $7,683 $39,148 $7,345 $31,803
2017 $7,512 $38,319 $7,706 $30,613
2016 $7,350 $38,319 $7,706 $30,613
2015 $4,140 $36,652 $9,320 $27,332
2014 $4,140 $34,579 $8,537 $26,042
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3553101

OneKey® MLS

APN: 02654-0087