NOT LISTED FOR SALE

Estimated Value: $405,813

6 Beds
4 Baths
2,650 Sq Ft
$153/Sq Ft Est. Value

Last Sold February 08, 2024

Last sale price $975,000 $368 Per Sq Ft

Current estimated payment $2,409/month

Highlights

  • 0.25 Acre Lot
  • Ductless Heating Or Cooling System
  • Level Lot
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of February 2024

Investor's Special! Newly renovated Four (4) Apartments Building on a huge lot (52 x 211), awaiting your finishing touch, with the potential for a second building on this lot. The building comprises Two- 2 Bedrooms, 1 Bath apartments on the First Floor and Two- 1 Bedroom, 1 Bath apartments on the Second Floor. Semi-finished Attic, Basement with outside entrance and large detached garage at the back. New Roof, Flooring, Sidings, etc. The permits are in process, buyer is responsible for finishing the permit process and Electrical meters installation. The building will be fully Electric. This property presents an excellent investment opportunity for real estate investors looking to expand their portfolio. With four rental units and the potential for additional development on the lot, it offers multiple income streams and long-term growth potential.

Last Agent to Sell the Property

Rajendra Mohess

Real Broker NY LLC Brokerage Phone: 718-206-2820 License #10401350332 Listed on: 09/08/2023

Real Broker NY LLC

Last Buyer's Agent

Rajendra Mohess

Real Broker NY LLC Brokerage Phone: 718-206-2820 License #10401350332 Listed on: 09/08/2023

Real Broker NY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,396

Year Built

  • Built in 1900 | Remodeled in 2023

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 52x211
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Alverta B Gray Schultz Middle Sch
  • Hempstead High School

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating

Community Details

  • 4 Units
  • 5 Separate Electric Meters

Listing and Financial Details

  • Legal Lot and Block 346 / 360
  • Assessor Parcel Number 2013-34-360-00-0346-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,396

Year Built

Built in 1900 | Remodeled in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Three Or More
  • Year Built: 1900
  • New Construction: No
  • Year Built Effective: 2023
  • Attribution Contact: 718-206-2820
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Unfinished, Walk-Out Access
  • Total Bedrooms: 6
  • NumberOfKitchens: 4

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached, Driveway

Utilities

  • Cooling: Ductless
  • Cooling: Yes
  • Heating: Electric, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Alverta B Gray Schultz Middle Sch

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 52x211
  • Lot Size Sq Ft: 10712
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 2013-34-360-00-0346-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2024-02-01

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 5

Tax Info

  • Tax Annual Amount: 27395.86
  • Tax Block: 360
  • Tax Lot: 346
  • Tax Other Annual Assessment Amount: 8442.14
  • Tax Map Number: 2013-34-360-00-0346-0

MLS Schools

  • High School: Hempstead High School
  • Middle School District: Hempstead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Aug 18, 2022
Sold by
Wright Howard D and Wright Desiree D
Bought by
Quality Fulfillment Services Inc
Seller's Agent
Kevin Boone
Keller Williams Realty Greater
Buyer's Agent
Rajendra Mohess
Real Broker NY LLC
List Price
$950,000
Sold Price
$400,000
Premium/Discount to List
-$550,000
-57.89%
Current Estimated Value
$405,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,813
Original Mortgage
$520,000
Interest Rate
5.89%
Mortgage Type
Commercial
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
Quality Fulfillment Services Inc $400,000 Judicial Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Premier Choice Solutions Llc $731,250
Previous Owner Quality Fulfillment Services Inc $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2024 02/08/24 Sold $975,000 0.0% $368 / Sq Ft
01/18/2024 01/18/24 Off Market $975,000 -- --
01/16/2024 01/16/24 For Sale $975,000 +143.8% $368 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
08/18/2022 08/18/22 Sold $400,000 -57.9% $151 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
10/13/2021 10/13/21 For Sale $950,000 -- $358 / 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 $2,248 $3,682 -- $3,682
2024 $2,248 $3,682 $0 $3,682
2023 $18,954 $3,682 $0 $3,682
2022 $18,954 $3,682 $0 $3,682
2021 $22,531 $3,441 $0 $3,441
2020 $25,666 $3,441 $1,766 $1,675
2019 $4,319 $3,441 $1,766 $1,675
2018 $3,945 $3,441 $0 $0
2017 $22,627 $3,441 $1,766 $1,675
2016 $26,122 $3,441 $1,766 $1,675
2015 $3,045 $3,441 $1,766 $1,675
2014 $3,045 $3,441 $1,766 $1,675
2013 $3,032 $3,741 $1,766 $1,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3525960

OneKey® MLS

APN: 2013-34-360-00-0346-0