NOT LISTED FOR SALE

Estimated Value: $742,000 - $902,753

7 Beds
4 Baths
2,300 Sq Ft
$348/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $425,000 $185 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,461/month

159 Days on Market

Highlights

  • Water Access
  • 4-minute walk to 219 Street
  • Eat-In Kitchen
  • Property is near public transit
  • Wood Flooring
  • Central Air

About This Home

As of June 2016

Great opportunity to own this building as an investment property( R7 zoning). Building has 4 units with separate entrances for each apartment. All units have their own heating and electrical meters. Consist of 3 units on 1st floor, (2) 1 Bedrooms, (1) 2 Bedroom and 2nd floor has (1) 3 bedroom unit. Completely renovated interior and exterior. Lower level can be used as commercial space.each apt pays they own electric and heat,

Last Agent to Sell the Property

Alfred Paloka

Keller Williams Realty NYC Grp Brokerage Phone: 718-697-6800 License #10301211538 Listed on: 08/26/2015

Keller Williams Realty NYC Grp

Last Buyer's Agent

Alfred Paloka

Keller Williams Realty NYC Grp Brokerage Phone: 718-697-6800 License #10301211538 Listed on: 08/26/2015

Keller Williams Realty NYC Grp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,115

Year Built

  • Built in 1915 | Remodeled in 2005

Lot Details

  • 4,086 Sq Ft Lot
  • Property fronts an easement
  • No Common Walls

Home Design

  • Advanced Framing
  • Stucco

Interior Spaces

  • 2,300 Sq Ft Home
  • Wood Flooring
  • Eat-In Kitchen
  • Finished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Parking Lot

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Water Access
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04663-0092

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,115

Year Built

Built in 1915 | Remodeled in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1915
  • Year Built Effective: 2005
  • Attribution Contact: 718-697-6800
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2005

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Finished
  • Total Bedrooms: 7
  • Living Area: 2300
  • SquareFootage: 2300.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Advanced Framing Technique, Stucco
  • Waterfront Features: Water Access

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Parking Lot

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 4

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 0.0938
  • Lot Size Sq Ft: 4086
  • Lot Size Units: Acres
  • Lot Features: Easement, Near Public Transit
  • Parcel Number: 04663-0092
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 5
  • Separate Gas Meters: 5
  • NumberOf1Bedrooms: 2
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 2115
  • Tax Map Number: 04663-0092

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Call Listing Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Alkaifi Ahmed
Bought by
707 East 215Th Street Llc
Current Estimated Value
$800,688

Purchase Details

Listed on
Aug 26, 2015
Closed on
Jun 17, 2016
Sold by
Johnson Desmond
Bought by
Alkaifi Ahmed
Seller's Agent
Alfred Paloka
Keller Williams Realty NYC Grp
Buyer's Agent
Alfred Paloka
Keller Williams Realty NYC Grp
List Price
$669,000
Sold Price
$425,000
Premium/Discount to List
-$244,000
-36.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$225,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2015
Sold by
Des Lee Corporation
Bought by
Johnson Desmond

Purchase Details

Closed on
Sep 9, 2012
Sold by
Johnson Desmond and Johnson Lerose
Bought by
Des Lee Corp

Purchase Details

Closed on
Jun 24, 2008
Sold by
Dare Isaac and Dare Iyabo
Bought by
Johnson Desmond and Johnson Lerose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2006
Sold by
Dareco Holdings Inc
Bought by
Dare Isaac and Dare Iyabo

Purchase Details

Closed on
Aug 5, 2005
Sold by
Dareco Holdings Llc
Bought by
Deravariere Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,800
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2003
Sold by
Hamilton Rosemarie
Bought by
Dareco Holdings Llc

Purchase Details

Closed on
Mar 30, 2001
Sold by
Mcdonald Mary
Bought by
Hamilton Rosemarie

Purchase Details

Closed on
Oct 29, 1999
Sold by
Diehl Lois
Bought by
Shirley Fitzroy

Purchase Details

Closed on
Oct 24, 1999
Sold by
Shirley Fitzroy
Bought by
Mcdonald Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
707 East 215Th Street Llc -- --
Alkaifi Ahmed $425,000 --
Alkaifi Ahmed $425,000 --
Johnson Desmond -- --
Johnson Desmond -- --
Des Lee Corp -- --
Des Lee Corp -- --
Johnson Desmond $625,000 --
Johnson Desmond $625,000 --
Dare Isaac -- --
Dare Isaac -- --
Deravariere Dennis $610,950 --
Deravariere Dennis $602,804 --
Deravariere Dennis $610,950 --
Deravariere Dennis $610,950 --
Deravariere Dennis $602,804 --
Deravariere Dennis $602,804 --
Dareco Holdings Llc $410,000 --
Dareco Holdings Llc $410,000 --
Hamilton Rosemarie -- --
Hamilton Rosemarie -- --
Shirley Fitzroy $185,000 --
Fitzroy Shirley -- --
Shirley Fitzroy $185,000 --
Mcdonald Mary -- The Judicial Title Ins Agenc
Mcdonald Mary -- The Judicial Title Ins Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alkaifi Ahmed $225,000
Previous Owner Johnson Desmond $468,000
Previous Owner Deravariere Dennis $384,800
Previous Owner Deravariere Dennis $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2016 06/15/16 Sold $425,000 -36.5% $185 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
08/26/2015 08/26/15 For Sale $669,000 -- $291 / 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 $3,194 $16,548 $5,116 $11,432
2024 $3,194 $15,900 $5,855 $10,045
2023 $3,194 $15,900 $5,033 $10,867
2022 $2,935 $39,780 $14,340 $25,440
2021 $3,076 $37,200 $14,340 $22,860
2020 $2,919 $37,020 $14,340 $22,680
2019 $2,772 $29,820 $14,340 $15,480
2018 $2,701 $13,250 $6,884 $6,366
2017 $2,632 $12,910 $6,934 $5,976
2016 $2,435 $12,180 $5,566 $6,614
2015 $1,469 $11,492 $5,048 $6,444
2014 $1,469 $11,042 $4,736 $6,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4539351

OneKey® MLS

APN: 04663-0092