NOT LISTED FOR SALE

60-01 Metropolitan Ave Flushing, NY 11385

Maspeth Neighborhood

Estimated Value: $1,906,183

15 Beds
9.5 Baths
8,460 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $1,837,500 $217 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $14,765/month

211 Days on Market

About This Home

As of June 2024

We are selling two buildings on one lot. A corner, brick, legal five-family with a store (in the front)and a four-family (in the back). It is conveniently located on a Ridgewood/Maspeth border, with huge traffic. High income!

Last Agent to Sell the Property

Peter Nowik

Trademarko Realty Inc Brokerage Phone: 718-502-5141 License #10401329596 Listed on: 10/02/2023

Co-Listed By

Marek Sobolewski

Trademarko Realty Inc Brokerage Phone: 718-502-5141 License #10311207231

Last Buyer's Agent

Marek Sobolewski

Trademarko Realty Inc Brokerage Phone: 718-502-5141 License #10311207231

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $47,195

Year Built

  • Built in 1931

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • 3-Story Property
  • Brick Exterior Construction

Interior Spaces

  • 8,460 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 15 Bedrooms

Location

  • Property is near public transit

Schools

  • Ps 153 Maspeth Elementary School
  • Is 93 Ridgewood Middle School
  • Grover Cleveland High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 02736-0059

Community Details

Overview

  • 9 Units

Recreation

  • Park

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$47,195

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1931
  • New Construction: No
  • Attribution Contact: 718-502-5141
  • Co List Office Mls Id: ONETRDM01
  • Co List Office Phone: 718-502-5141
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Basement: Full, Unfinished
  • Total Bedrooms: 15
  • Living Area: 8460
  • SquareFootage: 8460.00
  • SquareFootageSource: Other
  • NumberOfKitchens: 10

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 93 Ridgewood

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 25X100
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02736-0059
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-10-03

Rental Info

  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 9
  • Separate Electric Meters: 12
  • Separate Gas Meters: 12
  • NumberOf1Bedrooms: 5
  • NumberOf2Bedrooms: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 47195
  • Tax Map Number: 02736-0059
  • IncludedInTaxes: Trash

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Jun 13, 2024
Sold by
Metropolitan Avenue Owners Corp
Bought by
Nyc Metro Mgmt Llc
Seller's Agent
Peter Nowik
Trademarko Realty Inc
Buyer's Agent
Marek Sobolewski
Trademarko Realty Inc
List Price
$2,499,000
Sold Price
$1,837,500
Premium/Discount to List
-$661,500
-26.47%
Views
92
Current Estimated Value
$1,906,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,683
Avg. Annual Appreciation
3.66%

Purchase Details

Closed on
Apr 2, 2015
Sold by
Maniaci Pietro
Bought by
Metropolitan Avenue Owners Corp

Purchase Details

Closed on
Oct 18, 2010
Sold by
Maniaci Maria
Bought by
Maniaci Pietro

Purchase Details

Closed on
Jul 31, 2006
Sold by
Bmjk Realty Inc
Bought by
Maniaci Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2001
Sold by
Shah Arvind R
Bought by
Bmjk Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.1%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Nyc Metro Mgmt Llc $1,837,500 --
Metropolitan Avenue Owners Corp -- --
Metropolitan Avenue Owners Corp -- --
Maniaci Pietro -- --
Maniaci Pietro -- --
Maniaci Maria $1,200,000 --
Maniaci Maria $1,200,000 --
Bmjk Realty Inc -- --
Bmjk Realty Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maniaci Maria $500,000
Previous Owner Bmjk Realty Inc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $1,837,500 0.0% $217 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/22/2024 04/22/24 Off Market $1,837,500 -- --
02/15/2024 02/15/24 Price Changed $2,250,000 -4.3% $266 / Sq Ft
11/17/2023 11/17/23 Price Changed $2,350,000 -6.0% $278 / Sq Ft
10/02/2023 10/02/23 For Sale $2,499,000 -- $295 / 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 $51,948 $427,729 $9,387 $418,342
2024 $51,948 $415,516 $10,632 $404,884
2023 $48,100 $384,737 $11,814 $372,923
2022 $43,586 $412,200 $13,500 $398,700
2021 $40,463 $329,850 $13,500 $316,350
2020 $41,039 $405,450 $13,500 $391,950
2019 $40,938 $506,880 $13,500 $493,380
2018 $38,227 $300,549 $6,404 $294,145
2017 $37,547 $295,206 $6,979 $288,227
2016 $35,239 $295,206 $6,979 $288,227
2015 $22,878 $253,094 $6,909 $246,185
2014 $22,878 $249,687 $6,635 $243,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3507852

OneKey® MLS

APN: 02736-0059