$1,498,800
SOLD FEB 18, 2025
5 Beds
2.5 Baths
3,540 Sq Ft
2,500 Sq Ft Lot

Recently Sold

$423 Per Sq Ft

25% Above List Price

50 Days on Market

Highlights

  • Property is near public transit, schools, and shops
  • 4-minute walk to 20 Avenue (N Line)
  • Park
  • P.S. 048 Mapleton Rated A-
  • Detached Garage

About This Home

As of February 2025

Prime location! Legal 2 family! Incredible investment opportunity with R5 zoning offers great development potential (consult an architect for details). Lot 25x100, building 20.33x55, each floor 1100 SQFT. Features 10 ft high ceilings, separate entrance to the basement, shared driveway, and a backyard. Walking distance to subway, buses, schools, supermarkets, shopping, restaurants, and more. A must-see! Don't miss out on this opportunity! Property Sold as is.

Last Agent to Sell the Property

Kayla Kong

B Square Realty Brokerage Phone: 718-939-8388 License #10401368890 Listed on: 09/24/2024

B Square Realty

Co-Listed By

Xiaoxiao Yu

B Square Realty Brokerage Phone: 718-939-8388 License #10301224033

Last Buyer's Agent

Yue Xian Zheng

E Realty International Corp License #10401322119

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,708

Year Built

  • Built in 1920

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • 1 Common Wall

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Detached Garage
  • Shared Driveway

Location

  • Property is near public transit, schools, and shops

Schools

  • Ps 48 Mapleton Elementary School
  • JHS 227 Edward B Shallow Middle School
  • Franklin D Roosevelt High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Legal Lot and Block 41 / 5547
  • Assessor Parcel Number 05547-0041

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,708

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1920
  • Attribution Contact: 718-939-8388
  • Co List Office Mls Id: KEYLILI01
  • Co List Office Phone: 718-939-8388
  • CurrentPrice: 1498800.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Unfinished
  • Total Bedrooms: 5
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Description: Detached, Shared Driveway

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, See Remarks
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Middle School: Jhs 227 Edward B Shallow

Lot Info

  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 05547-0041
  • Property Attached: Yes
  • Zoning: R5

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 10708
  • Tax Block: 5547
  • Tax Lot: 41

MLS Schools

  • Elementary School: Ps 48 Mapleton
  • High School: Franklin D Roosevelt High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2024
Closed on
Feb 18, 2025
Sold by
Lee Kwok Yu and Lee So Han
Bought by
Jiahe336 Llc
Seller's Agent
Kayla Kong
B Square Realty
Buyer's Agent
Yue Xian Zheng
E Realty International Corp
List Price
$1,199,000
Sold Price
$1,498,800
Premium/Discount to List
$299,800
25%
Views
6
Current Estimated Value
$1,585,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,028
Avg. Annual Appreciation
6.26%
Original Mortgage
$800,000
Outstanding Balance
$794,005
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$791,823

Purchase Details

Closed on
Jun 24, 2022
Sold by
Lee Chuck and Lee Kwok Yu
Bought by
Lee Kwok Yu and Lee So Han

Purchase Details

Closed on
Jun 22, 2015
Sold by
Kwok Yu Lee As Co-Guardian For Kueng Ch and Lee
Bought by
So Han Lee) Sue So Han

Purchase Details

Closed on
Feb 1, 2009
Sold by
Vina Lee As Executor Of Estate Of Kuen W
Bought by
Lee Lau Yung

Purchase Details

Closed on
Aug 5, 2001
Sold by
Lee Kwok Yu Excr
Bought by
Lee Kuen Woon and Lee Kueng Chiu
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 Type Sale Price Title Company
Deed $1,498,000 --
Deed $1,498,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Executors Deed -- --
Executors Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 Purchase Money Mortgage
Closed $800,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2025 02/18/25 Sold $1,498,800 +25.0% $423 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $1,199,000 -- $339 / 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 $10,708 $107,940 $15,600 $92,340
2024 $10,708 $87,480 $15,600 $71,880
2023 $10,216 $91,440 $15,600 $75,840
2022 $9,041 $86,040 $15,600 $70,440
2021 $9,446 $73,080 $15,600 $57,480
2020 $9,556 $86,580 $15,600 $70,980
2019 $9,294 $79,860 $15,600 $64,260
2016 $7,521 $37,621 $10,242 $27,379
2015 $4,525 $37,621 $12,440 $25,181
2014 $4,525 $37,024 $11,335 $25,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3580782

OneKey® MLS

APN: 05547-0041