NOT LISTED FOR SALE

Estimated Value: $1,615,000 - $2,168,000

7 Beds
5 Baths
3,024 Sq Ft
$607/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $1,600,000 $529 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,455/month

66 Days on Market

About This Home

As of April 2019

Lovely, renovated two family consisting of two duplex units located on a wide, pretty street in Kensington. Completely rebuilt in 2018, this house was gut renovated and expanded from a one to a two family. The first floor duplex features two bedrooms and two baths with an open kitchen / living room. The master bedroom has an en suite bathroom and the second bedroom has a large walk-in closet. The kitchen has quartz counter tops, two sinks, an island for great food prep and stainless appliances. The ground floor has a cozy living /tv screening area and two bonus rooms that could be easily be additional sleeping areas. There is a third bathroom on the ground floor, laundry hook ups and a door to the backyard and parking area. The upper duplex unit has an open kitchen/ living area and a deck off of the living room. The kitchen has stainless appliances, two sinks and an island. There is one bathroom and one bedroom on the lower level. The upper level has three bedrooms and two baths, and laundry hook ups. The entire house has central heating/cooling, a video intercom system and a front door camera. The shared driveway leads to the backyard and parking area. Very close to the Newkirk Ave Q/B station and all of the shops and restaurants at Newkirk Plaza. Fabulous opportunity to collect rent while you live in your dream home!

Last Agent to Sell the Property

Rebekah Carver

Douglas Elliman Real Estate License #10301214883 Listed on: 01/02/2019

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 2,134

Home Design

  • Pre War Building

Interior Spaces

  • 3,024 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Community Details

  • 2 Units
  • Kensingt Subdivision

Listing and Financial Details

  • Tax Block 6496

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: Foster Ave
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: KENSINGT
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 3024.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 5
  • Bedrooms: 7

Garage/Parking

  • Garage: No

Utilities

  • Heating: Building Oil

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1925

Tax Info

  • Tax Block: 6496

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2019
Closed on
Apr 30, 2019
Sold by
Steigman Devora and Steigman Yechiel
Bought by
Dorregaray Milagros and Qadeer Ahmer
Seller's Agent
Rebekah Carver
Douglas Elliman Real Estate
List Price
$1,639,000
Sold Price
$1,600,000
Premium/Discount to List
-$39,000
-2.38%
Current Estimated Value
$1,835,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,297
Avg. Annual Appreciation
2.07%
Original Mortgage
$1,200,000
Outstanding Balance
$1,046,275
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$789,022

Purchase Details

Closed on
May 9, 2017
Sold by
Estate Of Irwin Carl Radezky and Eric Ober Executor
Bought by
Steigman Devora and Steigman Yechiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
4.1%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Dorregaray Milagros $1,600,000 --
Dorregaray Milagros $1,600,000 --
Steigman Devora $710,000 --
Steigman Devora $710,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorregaray Milagros $1,200,000
Closed Dorregaray Milagros $1,200,000
Previous Owner Steigman Devora $532,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2019 04/30/19 Sold $1,600,000 -2.4% $529 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $1,639,000 -- $542 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $10,410 $86,400 $15,240 $71,160
2024 $10,410 $73,200 $15,240 $57,960
2023 $10,526 $84,360 $15,240 $69,120
2022 $10,299 $90,240 $15,240 $75,000
2021 $10,490 $86,100 $15,240 $70,860
2019 $5,413 $61,740 $15,240 $46,500
2018 $5,275 $25,878 $6,847 $19,031
2017 $4,935 $25,679 $8,731 $16,948
2016 $4,533 $24,226 $9,409 $14,817
2015 $2,702 $22,856 $11,958 $10,898
2014 $2,702 $21,565 $10,119 $11,446
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10521590

Real Estate Board of New York (REBNY)

APN: 06496-0012