NOT LISTED FOR SALE

Estimated Value: $723,000 - $881,000

6 Beds
3 Baths
2,280 Sq Ft
$344/Sq Ft Est. Value

Sale Details

Date Sold: January 17, 2025

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

Est. 11% increase in value since last sale

Current estimated payment $4,358 / mo

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

1,002 Sq Ft Lot

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

Listed on
Sep 3, 2024
Closed on
Jan 17, 2025
Sold by
Beech Terrace Partners Llc
Bought by
Phantom Guys Llc
Seller's Agent
Luis Morales
eXp Realty
Buyer's Agent
Luis Morales
eXp Realty
List Price
$720,000
Sold Price
$707,000
Premium/Discount to List
-$13,000
-1.81%
Current Estimated Value
$783,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,667
Avg. Annual Appreciation
8.66%
Original Mortgage
$924,000
Outstanding Balance
$912,380
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$128,713

Purchase Details

Closed on
Mar 13, 2014
Sold by
Burgos Zoraida
Bought by
Beech Terrace Partners Llc

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
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage

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
Phantom Guys Llc $707,000 Chicago Title
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 Phantom Guys Llc $924,000
Previous Owner 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

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

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