NOT LISTED FOR SALE

71-41 72nd St Glendale, NY 11385

Glendale Neighborhood

Estimated Value: $1,031,000 - $1,274,099

3 Beds
3 Baths
-- Sq Ft
3,612 Sq Ft Lot

Last Sold June 30, 2022

Last sale price $1,200,000

Est. 4% decrease in value since last sale

Current estimated payment $6,583/month

26 Days on Market

Highlights

  • Property is near public transit
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • I.S. 119 the Glendale Rated A-
  • Wood Flooring
  • Granite Countertops

About This Home

As of June 2022

Welcome to 71-41 72nd St! This Detached 2 Family Home is Nestled in a Vast 36' x 100.33' Lot in a Quiet Tree-Lined Street of Glendale. Great Investment Opportunity and Ideal for End User. This Home with a Private Driveway and a Detached Garage has been Gut Renovated with New Plumbing, New Electric, New Floors, New Windows and Meticulously Crafted with the Finest Materials. The Second Floor Apartment Boasts an Updated Kitchen, a Sun-Drenched Living Room, a Master Bedroom with Ensuite Master Bathroom, Hardwood Flooring, Recessed Lighting and Crown Molding Throughout. The First Floor Apartment has been Completely re-done with a Functional Open Layout Providing Great Flow Perfect for Entertaining. The Updated Kitchen has access to the Backyard and Extends to the Dining Area and the Living Room with a Wet Bar! This Apartment has 2 Huge Bedrooms and an Updated Full Bath. The Finished Basement has its Own Separate Entrance, and it can also be accessed from the First Floor Apartment., Additional information: Appearance:Excellent,Interior Features:Lr/Dr

Last Agent to Sell the Property

James Chung

Douglas Elliman Real Estate Brokerage Phone: 718-475-2700 License #10301214776 Listed on: 04/03/2022

Douglas Elliman Real Estate

Last Buyer's Agent

Vinny Ardelian

Campione Realty License #10301210422

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,248

Year Built

  • Built in 1920 | Remodeled in 2018

Lot Details

  • 3,612 Sq Ft Lot
  • Lot Dimensions are 36 x 100.33
  • Fenced

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Finished Basement

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

Parking

  • 4 Car Detached Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Location

  • Property is near public transit

Schools

  • Ps 91 Richard Arkwright Elementary School
  • Grover Cleveland High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 50 / 3689
  • Assessor Parcel Number 03689-0050

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

$5,248

Year Built

Built in 1920 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Bi-Level, Two
  • Year Built: 1920
  • Year Built Effective: 2018
  • Attribution Contact: 718-475-2700
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Formal Dining, First Floor Bedroom, Granite Counters, Master Downstairs, Primary Bathroom, Wet Bar
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: Walk-Out Access, Finished, Full
  • Total Bedrooms: 3
  • Window Features: Skylight(s)
  • Basement YN: No

Exterior Features

  • Construction Materials: Aluminum Siding, Brick, Frame
  • Fencing: Fenced
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 4
  • Parking Description: Detached, Driveway, Off Street, On Street, Private

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Dimensions: 36 x 100.33
  • Lot Size Sq Ft: 3612
  • Lot Features: Near Public Transit, Near Shops
  • Parcel Number: 03689-0050
  • Property Attached: No
  • Additional Parcels: No
  • Zoning: R4-1

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity

Multi Family

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

Tax Info

  • Tax Annual Amount: 5248
  • Tax Block: 3689
  • Tax Lot: 50

MLS Schools

  • Elementary School: Ps 91 Richard Arkwright
  • High School: Grover Cleveland High School
  • Middle School District: Queens24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2022
Closed on
Aug 25, 2022
Sold by
Leung Hok Kwan and Li Hok Yin
Bought by
Leung Hok Kwan and Li Hok Yin
Seller's Agent
James Chung
Douglas Elliman Real Estate
Buyer's Agent
Vinny Ardelian
Campione Realty
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$1,149,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,225
Avg. Annual Appreciation
-1.30%
Original Mortgage
$944,000
Outstanding Balance
$898,108
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$251,667

Purchase Details

Listed on
Apr 3, 2022
Closed on
Jun 30, 2022
Sold by
Papa Michael
Bought by
Leung Hok Kwan and Li Hon Yin
Seller's Agent
James Chung
Douglas Elliman Real Estate
Buyer's Agent
Vinny Ardelian
Campione Realty
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$944,000
Outstanding Balance
$898,108
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$251,667

Purchase Details

Closed on
Feb 4, 2015
Sold by
Bove Family 2014 Irrevocable Trust
Bought by
Papa Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2014
Sold by
Bove Margaret
Bought by
Bove Family 2014 Irrevocable Trust

Purchase Details

Closed on
Nov 26, 2013
Sold by
Bove Frank and Bove Margaret
Bought by
Bove Margaret
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
Leung Hok Kwan -- --
Leung Hok Kwan $1,200,000 --
Papa Michael $600,000 --
Bove Family 2014 Irrevocable Trust -- --
Bove Margaret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leung Hok Kwan $944,000
Previous Owner Papa Michael $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $1,200,000 0.0% --
04/29/2022 04/29/22 Pending -- -- --
04/03/2022 04/03/22 For Sale $1,200,000 -- --
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 $5,785 $29,916 $8,236 $21,680
2024 $5,785 $28,805 $8,381 $20,424
2023 $5,526 $27,515 $8,529 $18,986
2022 $5,235 $46,380 $15,660 $30,720
2021 $5,248 $47,580 $15,660 $31,920
2020 $5,277 $47,880 $15,660 $32,220
2019 $5,021 $52,740 $15,660 $37,080
2018 $4,674 $22,929 $9,026 $13,903
2017 $4,455 $21,854 $8,775 $13,079
2016 $4,154 $21,854 $8,775 $13,079
2015 $1,912 $20,775 $8,681 $12,094
2014 $1,912 $20,004 $10,037 $9,967
Source: Public Records

Agents Affiliated with this Home

  • James Chung

    Seller's Agent in 2022

    James Chung

    Douglas Elliman Real Estate

    (917) 576-9550

    2 in this area

    64 Total Sales

    James Chung
    Section Image

  • V

    Buyer's Agent in 2022

    Vinny Ardelian

    Campione Realty

    (718) 326-3003

    2 in this area

    11 Total Sales

    Vinny Ardelian
    Section Image
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Map

Source: OneKey® MLS

MLS Number: L3388444

OneKey® MLS

APN: 03689-0050

New York Queens County Glendale 11385 Glendale

71-41 72nd St, Glendale, NY

This home is located at 71-41 72nd St, Glendale, NY 11385 since 03 April 2022 and is currently estimated at $1,149,775. This property was built in 1920. 71-41 72nd St is a home located in Queens County with nearby schools including P.S. 91 - Richard Arkwright, I.S. 119 the Glendale, and Elm Community Charter School.

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