NOT LISTED FOR SALE

Estimated Value: $794,000 - $1,909,000

-- Bed
-- Bath
12,200 Sq Ft
$97/Sq Ft Est. Value

Last Sold June 15, 2024

Last sale price $3,600,000 $295 Per Sq Ft

Current estimated payment $6,897/month

251 Days on Market

Highlights

  • 0.47 Acre Lot
  • Cooling Available
  • Hot Water Baseboard Heater

About This Home

As of June 2024

GREAT income investment. 5 townhomes featuring 4 three families and 1 two family houses being sold as one package. All have their own CofO's. All apartments have washer/dryer, living room, kitchen, 1 and 2 bedroom and full baths. Parking lot in rear plus area for community picknic and BBQ. Great open space. In excellent condition, well kept and amazing location. Rear has room for a large garage.

Last Agent to Sell the Property

Joanne Costa

Joanne Costa Realty License #49CO1070413 Listed on: 01/17/2024

Last Buyer's Agent

Aziz Benohod

DiTommaso Real Estate License #10401271139

DiTommaso Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,117

Year Built

  • Built in 2002

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 16x47.5

Home Design

  • Stucco

Interior Spaces

  • 12,200 Sq Ft Home
  • 3-Story Property

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 220 Volts
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 14 Units
  • Gross Income $306,300

Listing and Financial Details

  • Legal Lot and Block 0019 / 02859
  • Assessor Parcel Number 02859-0019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,117

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: 9+F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.47
  • Lot Size: 16x47.5
  • Modification Timestamp: 2024-09-26
  • Directions: Hylan-Tompkins Ave
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 2002
  • General Property Info:Public Remarks3: GREAT income investment. 5 townhomes featuring 4 three families and 1 two family houses being sold as one package. All have their own CofO's. All apartments have washer/dryer, living room, kitchen, 1 and 2 bedroom and full baths. Parking lot in rear plus area for community picknic and BBQ. Great open space. In excellent condition, well kept and amazing location. Rear has room for a large garage.
  • ContractLocation Information:List PriceSqFt2: 327.46
  • General Property Info:Tax Abated: No
  • General Property Info:Irregular: Yes
  • General Property Info:Condition: Excellent
  • Income Expenses Gross Income: 306300.0
  • Annual Expenses: 64464.0
  • Income Expenses Net Income: 241836.0
  • General Property Info: Number of AC Units: 14.0
  • General Property Info:Year Built Info: Approx
  • General Property Info Bldg Dimensions: 16x47.5
  • Special Features: None
  • Stories: 3
  • Year Built: 2002

Interior Features

  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: None
  • Appliances:Total Number Refrigerators: 14
  • Appliances:Total Number Ranges: 14
  • Appliances:Total Number Washers: 14
  • Appliances:Total Number Dryers: 14
  • General Property Info Basement Desc: None

Exterior Features

  • Construction Type: Stucco
  • Siding:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, On Street
  • Parking:Off Street: Yes
  • Parking:On Street: Yes
  • Garage Location:None4: Yes

Utilities

  • Green Building Features: Cable
  • Cooling Y N: Yes
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 15.0
  • General Property Info:Air Conditioner: Central
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Hot Water2: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • Extras:Cable3: Yes
  • General Property Info Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 20646.0
  • Lot Size Units: Square Feet
  • Parcel #: 02859-0019
  • Zoning: R3 -2
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 20646.0
  • General Property Info:Lot Dim: 99X320

Multi Family

  • Number Of Units Total: 14
  • Annual Gross Income: 306300.0
  • Property Net Operating Income: 241836.0
  • Annual Operating Expense: 64464.0

Tax Info

  • Tax Annual Amount: 30117.0
  • Tax Block: 02859
  • Tax Lot: 0019
  • General Property Info:Taxes2: 30117.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Jun 20, 2024
Sold by
Blue Star Ltd
Bought by
Koshy Villas Inc
Seller's Agent
Joanne Costa
Joanne Costa Realty
Buyer's Agent
Aziz Benohod
DiTommaso Real Estate
List Price
$3,999,000
Sold Price
$3,600,000
Premium/Discount to List
-$399,000
-9.98%
Views
8
Current Estimated Value
$1,184,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,415,667
Avg. Annual Appreciation
-57.48%
Original Mortgage
$1,098,650
Outstanding Balance
$1,084,630
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$99,703
Source: Public Records

Range of Values:

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Average Value
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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
Koshy Villas Inc $1,500,000 Gem Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koshy Villas Inc $1,098,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2024 06/15/24 Sold $3,600,000 -9.9% $295 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/03/2024 01/03/24 Price Changed $3,995,000 -0.1% $327 / Sq Ft
01/03/2024 01/03/24 For Sale $3,999,000 0.0% $328 / Sq Ft
11/19/2023 11/19/23 Off Market $3,999,000 -- --
05/16/2023 05/16/23 For Sale $3,999,000 -- $328 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $7,113 $42,420 $7,116 $35,304
2024 $7,113 $41,880 $7,154 $34,726
2023 $6,785 $33,409 $6,392 $27,017
2022 $6,292 $41,820 $8,460 $33,360
2021 $6,258 $38,100 $8,460 $29,640
2020 $6,294 $32,880 $8,460 $24,420
2019 $6,173 $31,980 $8,460 $23,520
2018 $5,675 $27,841 $6,911 $20,930
2017 $5,354 $26,266 $7,348 $18,918
2016 $4,954 $24,780 $8,460 $16,320
2015 $4,848 $25,260 $8,280 $16,980
2014 $4,848 $25,260 $8,280 $16,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1157516

Staten Island Multiple Listing Service

APN: 02859-0019