NOT LISTED FOR SALE

Estimated Value: $1,620,000 - $1,838,000

9 Beds
6 Baths
-- Sq Ft
3,000 Sq Ft Lot

Last Sold May 25, 2021

Last sale price $1,630,000

Est. 7% increase in value since last sale

Current estimated payment $10,781/month

37 Days on Market

Highlights

  • New Construction
  • Heating Available
  • 3-minute walk to Copernicus Triangle

About This Home

As of May 2021

Brand new construction 3 family building in Maspeth!! This home is conveniently located only a few blocks from the LIE (I-495) and 10 minute drive to the Midtown Tunnel and Long Island City. The rental income is potentially $9000+ per month. All of the units have separate heating and cooling systems. Nice private driveway and private backyard for first floor unit. Second and third floor apartments have balconies on the front and back of the house. This is a great investment opportunity or end-user opportunity. https://www.dos.ny.gov/licensing/docs/FairHousingNotice_new.pdf

Last Agent to Sell the Property

Sal Joseph Crifasi

Crifasi Real Estate Inc Brokerage Phone: 718-782-4411 License #10301205163 Listed on: 09/14/2020

Last Buyer's Agent

Junchao Zhang

E Realty International Corp License #10401314903

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,595

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30 x 100
  • 1 Common Wall

Parking

  • Private Parking

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Additional Features

  • 3-Story Property
  • Heating Available

Community Details

  • 3 Units
  • 3 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,595

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 2020
  • New Construction: Yes
  • Attribution Contact: 718-782-4411
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 6
  • Total Bedrooms: 9
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • NumberOfHeatingZones: 3

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 30 x 100
  • Lot Size Sq Ft: 3000
  • Lot Size Units: Acres
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3

Tax Info

  • Tax Annual Amount: 1595
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
May 25, 2021
Sold by
56 Development Corp
Bought by
Chen Hang
Seller's Agent
Sal Joseph Crifasi
Crifasi Real Estate Inc
Buyer's Agent
Junchao Zhang
E Realty International Corp
List Price
$1,699,000
Sold Price
$1,630,000
Premium/Discount to List
-$69,000
-4.06%
Current Estimated Value
$1,741,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,828
Avg. Annual Appreciation
1.99%
Original Mortgage
$1,222,500
Outstanding Balance
$1,111,631
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$660,413

Purchase Details

Closed on
Oct 19, 2016
Sold by
Estate Of Therese M Zajkowski
Bought by
56 Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.42%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chen Hang $1,630,000 --
56 Development Corp $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Hang $1,222,500
Previous Owner 56 Development Corp $230,000
Previous Owner 56 Development Corp $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $1,630,000 -4.1% --
10/21/2020 10/21/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $1,699,000 -- --
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 $15,474 $77,622 $10,231 $67,391
2024 $15,474 $77,041 $12,164 $64,877
2023 $14,598 $72,680 $11,516 $61,164
2022 $13,688 $74,280 $13,500 $60,780
2021 $13,613 $70,200 $13,500 $56,700
2020 $1,595 $32,880 $16,560 $16,320
2019 $1,487 $17,400 $17,400 $0
2018 $1,367 $6,705 $6,705 $0
2017 $657 $6,326 $4,725 $1,601
2016 $1,194 $6,326 $4,725 $1,601
2015 $720 $5,971 $4,958 $1,013
2014 $720 $5,894 $4,894 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3251922

OneKey® MLS

APN: 02703-0093