NOT LISTED FOR SALE

Estimated Value: $1,593,000 - $1,903,000

8 Beds
6 Baths
2,420 Sq Ft
$731/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $1,725,000 $713 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,054/month

45 Days on Market

Highlights

  • Skyline View
  • Main Floor Bedroom
  • Skylights
  • Wood Flooring
  • Balcony
  • New Windows

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 !, Additional information: Green Features:Green Certified

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
  • Private Entrance
  • Back Yard Fenced

Home Design

  • Triplex
  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Skylights
  • New Windows
  • ENERGY STAR Qualified Doors
  • Wood Flooring
  • Skyline Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 6 Full Bathrooms

Finished Basement

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

Home Security

  • Home Security System
  • Fire Sprinkler System

Parking

  • 4 Car Attached Garage
  • Driveway

Outdoor Features

  • Balcony

Schools

  • Ps 153 Maspeth Elementary School
  • Is 73 Frank Sansivieri Intermediate School
  • Maspeth High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

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

Community Details

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,000

Year Built

Built in 1970 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Levels: Three Or More, Multi/Split
  • Year Built: 1970
  • Year Built Effective: 2020
  • Attribution Contact: 617-505-8798
  • CurrentPrice: 1725000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Interior Amenities: Eat-in Kitchen, First Floor Bedroom, Primary Bathroom, ENERGY STAR Qualified Door(s)
  • Flooring: Hardwood
  • Full Bathrooms: 6
  • Basement: Walk-Out Access, Finished, Full
  • Total Bedrooms: 8
  • Window Features: New Windows, Skylight(s)
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard, Fenced
  • Pool Private: No
  • Spa: No
  • View: City, Skyline
  • Exterior Features: Balcony, Private Entrance

Garage/Parking

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

Utilities

  • Heating: Natural Gas, Baseboard
  • Laundry Features: Common Area
  • Security: Video Cameras, Fire Sprinkler System, Security System
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Is 73 Frank Sansivieri Intermediate School (The)

Lot Info

  • Lot Dimensions: 31x100
  • Lot Size Sq Ft: 3100
  • Parcel Number: 02654-0087
  • Property Attached: No
  • Additional Parcels: No

Green Features

  • 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

MLS Schools

  • Elementary School: Ps 153 Maspeth Elementary
  • High School: Maspeth High School
  • Middle School District: Queens24

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
$1,725,000
Premium/Discount to List
-$165,000
-8.73%
Views
18
Current Estimated Value
$1,769,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,637
Avg. Annual Appreciation
1.97%

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
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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
5921 Maspeth Llc $1,725,000 --
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 $10,217
Closed Ortiz Jaris $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2024 09/13/24 Sold $1,725,000 -8.7% $713 / 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

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Map

Source: OneKey® MLS

MLS Number: L3553101

OneKey® MLS

APN: 02654-0087