NOT LISTED FOR SALE

Estimated Value: $970,000 - $1,297,000

5 Beds
5 Baths
1,200 Sq Ft
$923/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $1,397,000 $1,164 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $6,373/month

39 Days on Market

Highlights

  • New Construction
  • Balcony
  • Heating Available
  • Property is near public transit
  • 1 Car Attached Garage
  • 5-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 $7500+ per month. All of the units have separate heating and cooling systems. Nice 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.

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

  • $386

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20 x 100
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Balcony
  • Property is near public transit
  • Heating Available

Community Details

  • 3 Units
  • 3 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for electricity, heat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$386

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

1

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: 2+ Common Walls
  • Full Bathrooms: 5
  • Basement: Full
  • Inclusions: A/C Units
  • Total Bedrooms: 5
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20 x 100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Heat

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3

Tax Info

  • Tax Annual Amount: 386
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2023
Sold by
2016 Re Group Llc
Bought by
Gallahue Edmund
Current Estimated Value
$1,107,552

Purchase Details

Closed on
Jul 29, 2021
Sold by
Keller Michael J
Bought by
2016 Re Group Llc

Purchase Details

Closed on
Aug 26, 1999
Sold by
Stork Kurt
Bought by
Keller Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gallahue Edmund -- --
2016 Re Group Llc $775,000 --
Keller Michael J $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keller Michael J $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $1,397,000 -4.2% $1,164 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $1,459,000 -- $1,216 / 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 $6,837 $35,576 $4,920 $30,656
2024 $6,837 $34,038 $4,973 $29,065
2023 $6,649 $33,106 $4,664 $28,442
2022 $6,265 $61,380 $10,380 $51,000
2021 $5,947 $63,300 $10,380 $52,920
2020 $5,979 $69,600 $10,380 $59,220
2019 $5,641 $59,580 $10,380 $49,200
2018 $5,326 $27,588 $6,458 $21,130
2017 $5,032 $26,154 $6,409 $19,745
2016 $4,632 $26,154 $6,409 $19,745
2015 $2,756 $24,706 $8,221 $16,485
2014 $2,756 $23,638 $7,428 $16,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3251919

OneKey® MLS

APN: 02705-0051