NOT LISTED FOR SALE

Estimated Value: $933,914 - $1,093,000

4 Beds
3 Baths
1,386 Sq Ft
$733/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $950,000 $685 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,979/month

62 Days on Market

Highlights

  • City View
  • Wood Flooring
  • 2 Car Detached Garage
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of March 2023

Impressively Maintained Detached 2-Family in the Heart of Maspeth! Modern Two-Bedroom Apt over Modern 2-Bedroom Apt with Full Finished Basement, Insulated Stand-Up Attic, Driveway, Garden, and Garage. Entire house was gut renovated for the owner's personal use in 1984 and 1985, with numerous upgrades in the past 10-12 years, including new boiler, two new hot water heaters, new roof, new garage roof, new copper return pipe and check valve, new windows, and new bathrooms. (See attachment for full list.) Second floor pays their own electricity, cooking gas, and hot water. Parking in Garage and Backyard. Easy Access to Q58, Q59, Q18, Q67, and Q47 Buses, Shops, Schools, Parks, and Eateries on Grand Ave, and Subway on Queens Blvd., Additional information: Appearance:Excellent,Separate Hotwater Heater:2

Last Agent to Sell the Property

Danielle Frank

O Kane Realty License #10401260280 Listed on: 09/28/2022

Last Buyer's Agent

Zi Zheng

Winzone Realty Inc License #10401279816

Winzone Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,094

Year Built

  • Built in 1920 | Remodeled in 1985

Lot Details

  • 2,366 Sq Ft Lot
  • Lot Dimensions are 26x91
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Batts Insulation
  • Vinyl Siding

Interior Spaces

  • 1,386 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • City Views
  • Eat-In Kitchen
  • Washer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Detached Garage
  • Shared Driveway
  • On-Street Parking
  • Off-Street Parking

Location

  • Property is near public transit

Schools

  • Ps 58 School Of Heroes Elementary School
  • Is 73 Frank Sansivieri Inter Middle School
  • Grover Cleveland High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 156 / 2797
  • Assessor Parcel Number 02797-0156

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,094

Year Built

Built in 1920 | Remodeled in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Bi-Level, Two
  • Year Built: 1920
  • Year Built Effective: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1985

Interior Features

  • Appliances: Refrigerator, Tankless Water Heater, Washer
  • Interior Amenities: Eat-in Kitchen, First Floor Bedroom, Master Downstairs
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 1386
  • Basement YN: No

Exterior Features

  • Construction Materials: Batts Insulation, Brick, Frame, Other, Vinyl Siding
  • Fencing: Fenced
  • Pool Private: No
  • Spa: No
  • View: City
  • Foundation Details: Other

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Covered, Detached, Driveway, Garage, Off Street, On Street, Private, Shared Driveway

Utilities

  • Heating: Hot Water, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Annual Water Sewer Expense: 1507

Schools

  • Middle School: Is 73 Frank Sansivieri Inter School

Lot Info

  • Lot Dimensions: 26x91
  • Lot Size Sq Ft: 2366
  • Lot Features: Level, Near Public Transit, Near School, Near Shops
  • Parcel Number: 02797-0156
  • Property Attached: No
  • Additional Parcels: No
  • Zoning: R4-1

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 1752
  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • Insurance Expense: 2814

Tax Info

  • Tax Annual Amount: 6093.52
  • Tax Block: 2797
  • Tax Lot: 156

MLS Schools

  • Elementary School: Ps 58 School Of Heroes
  • High School: Grover Cleveland High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Mar 27, 2023
Sold by
Antonietta Martiniello As Life Estate and Bartolomeo Martiniello As Life Estate
Bought by
Dong Ke
Seller's Agent
Danielle Frank
O Kane Realty
Buyer's Agent
Zi Zheng
Winzone Realty Inc
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%
Views
53
Current Estimated Value
$1,015,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,479
Avg. Annual Appreciation
1.50%
Original Mortgage
$617,500
Outstanding Balance
$600,671
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$384,856
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
Dong Ke $950,000 --
Dong Ke $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dong Ke $617,500
Closed Dong Ke $617,500
Previous Owner Martiniello Antonietta $70,888
Previous Owner Martiniello Antonietta $8,207
Previous Owner Martiniello Antonietta $255,000
Previous Owner Martiniello Antonietta $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $950,000 -4.9% $685 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $999,000 -- $721 / 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 $6,822 $34,538 $8,615 $25,923
2024 $6,822 $33,966 $8,726 $25,240
2023 $6,477 $32,246 $8,922 $23,324
2022 $6,094 $48,600 $13,380 $35,220
2021 $6,062 $51,420 $13,380 $38,040
2020 $6,092 $45,720 $13,380 $32,340
2019 $5,921 $48,240 $13,380 $34,860
2018 $5,478 $26,872 $6,872 $20,000
2017 $5,185 $25,437 $7,967 $17,470
2016 $4,799 $25,437 $7,967 $17,470
2015 $2,894 $23,985 $9,338 $14,647
2014 $2,894 $23,588 $10,446 $13,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3433500

OneKey® MLS

APN: 02797-0156