NOT LISTED FOR SALE

Estimated Value: $1,059,720 - $1,380,000

6 Beds
2 Baths
-- Sq Ft
2,250 Sq Ft Lot

Last Sold December 21, 2023

Last sale price $1,399,999

Est. 11% decrease in value since last sale

Current estimated payment $7,254/month

18 Days on Market

Highlights

  • Property is near public transit
  • 5-minute walk to Forest Avenue
  • Home Office
  • Private Lot
  • Main Floor Primary Bedroom
  • 1 Car Detached Garage

About This Home

As of December 2023

Welcome to Your Dream Investment Property! unit 1# 3 bedrooms, 1 bathroom office space living room, and kitchen. Unit#2 has 3 bedrooms 1 bathroom, office space, living room, and kitchen! DETACHED GARAGE and YARD!! In the heart of Ridgewood, this recently renovated detached multi-family home presents an unparalleled opportunity for both homeowners and investors alike. Boasting a rare combination of space, convenience, and financial potential, this two-family residence stands out. As an Income-Producing Property: Currently housing paying tenants, this property promises a steady stream of income from day one, making it an ideal investment opportunity. With two separate living spaces, it offers versatile options for rental income or a perfect setup for multigenerational living. With a Private Yard Escape the ordinary with your very own private yard, a feature seldom found in this area. Imagine serene evenings spent outdoors, hosting barbecues, or unwinding in your own personal haven. The yard provides the oppertunity for a tranquil oasis in the midst of urban living, adding immeasurable value to this property.Additionally, this property features a detached garage, ensuring ample parking and storage space. This valuable asset adds both convenience and security, a rare find in the neighborhood. Incredibly low taxes. This property offers unparalleled access to local amenities, schools, shopping, and dining. Residents will enjoy the convenience of nearby parks, cultural attractions, and excellent public transport options. Whether you're looking for a profitable investment or a home with income potential, this property ticks all the boxes. Act now and secure your future.

Last Agent to Sell the Property

Bianca Esposito

Next Den LLC Brokerage Phone: 888-575-2773 License #10491213047 Listed on: 10/02/2023

Next Den LLC

Last Buyer's Agent

Bianca Esposito

Next Den LLC Brokerage Phone: 888-575-2773 License #10491213047 Listed on: 10/02/2023

Next Den LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,886

Year Built

  • Built in 1910 | Remodeled in 2022

Lot Details

  • 2,250 Sq Ft Lot
  • Lot Dimensions are 25x90
  • No Common Walls
  • South Facing Home
  • Private Entrance
  • Back Yard Fenced
  • Private Lot

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Stucco

Interior Spaces

  • 3-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

  • Is 77 Middle School
  • Grover Cleveland High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 12 / 3514
  • Assessor Parcel Number 03514-0012

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,886

Year Built

Built in 1910 | Remodeled in 2022

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1910
  • New Construction: No
  • Year Built Effective: 2022
  • Attribution Contact: 888-575-2773
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Entrance Foyer, Home Office, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Bilco Door(s), Full
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Direction Faces: South
  • Construction Materials: Brick, Frame, Stucco
  • Fencing: Back Yard
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Patio
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Shared Driveway, Detached, 1 Car Detached

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Steam
  • Sewer: Sewer
  • Water Source: Public
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 77

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 25x90
  • Lot Size Sq Ft: 2250
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Private
  • Parcel Number: 03514-0012
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-10-03

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2886.36
  • Tax Block: 3514
  • Tax Lot: 12
  • Tax Map Number: 03514-0012
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • 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
Dec 20, 2023
Sold by
Caterina Ganci Trust and Fiore Antonina
Bought by
Grewell John William and Yandel Daniele Alexis
Seller's Agent
Bianca Esposito
Next Den LLC
Buyer's Agent
Bianca Esposito
Next Den LLC
List Price
$1,399,999
Sold Price
$1,399,999
Views
23
Current Estimated Value
$1,246,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$153,319
Avg. Annual Appreciation
-6.27%
Original Mortgage
$967,999
Outstanding Balance
$951,273
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$295,407
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
Grewell John William $1,399,999 --
Grewell John William $1,399,999 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grewell John William $967,999
Closed Grewell John William $967,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2023 12/21/23 Sold $1,399,999 0.0% --
10/23/2023 10/23/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $1,399,999 -- --
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 $7,433 $39,226 $6,090 $33,136
2024 $7,433 $37,006 $6,130 $30,876
2023 $2,743 $34,914 $5,668 $29,246
2022 $2,615 $72,960 $11,280 $61,680
2021 $2,987 $78,060 $11,280 $66,780
2020 $2,801 $79,440 $11,280 $68,160
2019 $2,567 $68,040 $11,280 $56,760
2018 $2,306 $29,095 $6,558 $22,537
2017 $2,319 $29,095 $7,693 $21,402
2016 $2,265 $29,095 $7,693 $21,402
2015 $1,216 $27,240 $8,620 $18,620
2014 $1,216 $25,699 $8,157 $17,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3507979

OneKey® MLS

APN: 03514-0012