NOT LISTED FOR SALE

Estimated Value: $698,000 - $818,000

6 Beds
3 Baths
2,280 Sq Ft
$338/Sq Ft Est. Value

Last Sold January 17, 2025

Last sale price $707,000 $310 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,168/month

44 Days on Market

Highlights

  • Property is near public transit, schools, and shops
  • Park
  • 4-minute walk to St Mary's Park

About This Home

As of January 2025

3-FAMILY APARTMENT BUILDING SOLD AS-IS/WHERE-IS! Located just blocks from NYC buses, MTA #2, #5, and #6 trains, and one block from Saint Mary’s Park, this prime real estate offers unmatched convenience for tenants.

The building features three fully occupied 2-bedroom apartments, generating steady income with significant rental upside potential. Ideal for investors looking to expand their portfolio or live-in landlords seeking stable income.

Don't miss this exceptional investment opportunity. Income projections and estimated expenses are available upon request. Contact us today for more details and to arrange a viewing! Additional Information: HeatingFuel:Oil Above Ground,

Last Agent to Sell the Property

Luis Morales

eXp Realty Brokerage Phone: 646-337-7284 License #10301202922 Listed on: 09/03/2024

eXp Realty

Last Buyer's Agent

Luis Morales

eXp Realty Brokerage Phone: 646-337-7284 License #10301202922 Listed on: 09/03/2024

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 1901

Lot Details

  • 1,002

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Block Exterior

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Radiant Heating System

Additional Features

  • Basement Fills Entire Space Under The House
  • 1,002 Sq Ft Lot
  • Property is near public transit, schools, and shops

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 02555-0041

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,500

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1901
  • Attribution Contact: 646-337-7284
  • ResoBuildingAreaSource: PublicRecords
  • CurrentPrice: 707000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 31304347.8261
  • CurrentPrice_By_BuildingAreaTotal: 310.08772
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 6
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Block, Brick, Other
  • Waterfront: No

Garage/Parking

  • Parking Description: On Street

Utilities

  • Cooling: None
  • Heating: Oil, Radiant
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.023
  • Lot Size Sq Ft: 1002
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 02555-0041
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Gas, Electricity, See Remarks

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 5500
  • Tax Year: 2023

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2014
Sold by
Burgos Zoraida
Bought by
Beech Terrace Partners Llc
Current Estimated Value
$771,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Outstanding Balance
$606,731
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$164,602

Purchase Details

Closed on
Sep 11, 2006
Sold by
614 Beech Terrace Realty Corp
Bought by
Burgos Zoraida
Source: Public Records
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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
Beech Terrace Partners Llc $1,150,000 --
Beech Terrace Partners Llc $1,150,000 --
Burgos Zoraida -- --
Burgos Zoraida -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beech Terrace Partners Llc $805,000
Closed Beech Terrace Partners Llc $805,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2025 01/17/25 Sold $707,000 -1.8% $310 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $720,000 -- $316 / 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 $2,100 $10,603 $1,311 $9,292
2024 $2,100 $10,457 $1,172 $9,285
2023 $2,008 $9,886 $1,064 $8,822
2022 $1,866 $45,000 $5,640 $39,360
2021 $1,862 $40,440 $5,640 $34,800
2020 $1,870 $43,680 $5,640 $38,040
2019 $1,823 $38,700 $5,640 $33,060
2018 $1,679 $8,238 $1,658 $6,580
2017 $1,588 $7,790 $2,219 $5,571
2016 $1,474 $7,372 $2,221 $5,151
2015 $886 $7,363 $2,400 $4,963
2014 $886 $7,262 $2,509 $4,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6326021

OneKey® MLS

APN: 02555-0041