$999,000
SOLD MAR 11, 2025
5 Beds
2 Baths
-- Sq Ft
2,000 Sq Ft Lot

Recently Sold

9% Below List Price

68 Days on Market

Highlights

  • Property is near public transit
  • Entrance Foyer
  • Hot Water Heating System
  • 2 Car Detached Garage

About This Home

As of March 2025

NEW LISTING ALERT: One in a million in Maspeth! Let's start off with parking. The property includes two highly sought-after parking spots where private parking is a luxury (updated one-car garage and a carport). This meticulously maintained 2-family home offers an incredible investment opportunity loaded with income potential, or perfect for extended family. The property includes a full unfinished basement with high ceilings, an updated boiler, and roofing. The main floor offers two bedrooms, a cozy living area, a full dining room, a bathroom and ample closet space. The second floor offers the same with an additional bedroom and more updates.

Last Agent to Sell the Property

Michael Rosenberger

Two Shores Realty Inc Brokerage Phone: 631-697-5929 License #10311204682 Listed on: 10/27/2024

Last Buyer's Agent

Vanessa Rosario

Exit Realty Achieve License #10401282804

Exit Realty Achieve

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,471

Year Built

  • Built in 1930

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100

Home Design

  • Duplex

Interior Spaces

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Carport

Location

  • Property is near public transit

Schools

  • Is 93 Ridgewood Middle School
  • Grover Cleveland High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Exclusions: A/C Units
  • Legal Lot and Block 41 / 2645
  • Assessor Parcel Number 02645-0041

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,471

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Three Or More
  • Exclusions: A/C Units
  • Year Built: 1930
  • Attribution Contact: 631-697-5929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Entrance Foyer
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 5
  • Basement YN: No

Exterior Features

  • Construction Materials: Other
  • Pool Private: No
  • Spa: No
  • Foundation Details: Other

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Carport, Detached

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Is 93 Ridgewood

Lot Info

  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Features: Near Public Transit, Near Shops
  • Parcel Number: 02645-0041
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 7470.76
  • Tax Block: 2645
  • Tax Lot: 41

MLS Schools

  • High School: Grover Cleveland High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2024
Closed on
Mar 12, 2025
Sold by
Donald J. Gormanly As Executor
Bought by
Balcazar Gabriel Barranco and Paulino Veronica
Seller's Agent
Michael Rosenberger
Two Shores Realty Inc
Buyer's Agent
Vanessa Rosario
Exit Realty Achieve
List Price
$1,100,000
Sold Price
$999,000
Premium/Discount to List
-$101,000
-9.18%
Views
25
Current Estimated Value
$1,004,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,099
Avg. Annual Appreciation
-1.19%
Original Mortgage
$929,070
Outstanding Balance
$925,967
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$66,697
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 Type Sale Price Title Company
Deed $999,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $929,070 Purchase Money Mortgage
Previous Owner $6,197 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Sold $999,000 -9.2% --
01/03/2025 01/03/25 Pending -- -- --
10/27/2024 10/27/24 For Sale $1,100,000 -- --
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 $6,233 $37,621 $6,106 $31,515
2024 $6,233 $35,831 $6,754 $29,077
2023 $3,500 $33,840 $5,893 $27,947
2022 $3,383 $57,660 $10,020 $47,640
2021 $5,944 $49,260 $10,020 $39,240
2020 $5,620 $52,740 $10,020 $42,720
2019 $6,246 $52,440 $10,020 $42,420
2018 $5,749 $28,200 $6,304 $21,896
2017 $5,613 $27,536 $6,863 $20,673
2016 $5,505 $27,536 $6,863 $20,673
2015 $3,133 $26,126 $8,153 $17,973
2014 $3,133 $24,883 $8,952 $15,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3587867

OneKey® MLS

APN: 02645-0041