NOT LISTED FOR SALE
8 Beds
5.5 Baths
3,609 Sq Ft
1,972 Sq Ft Lot

Last Sold May 06, 2024

Last sale price $1,680,000 $466 Per Sq Ft

66 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Heating System Uses Steam
  • Property is near public transit
  • 1 Car Detached Garage
  • South Facing Home

About This Home

As of May 2024

Wonderful opportunity to enhance your investment portfolio with this perfectly positioned mixed use corner property located in highly desirable Ridgewood Queens. It's attractive Blonde Brick and vintage cornice create a pleasurable curb appeal. Sunshine galore as over 25 windows are spread throughout the home, most of which enjoy sunny southern exposure. The property would welcome a user/investor as the second-floor apartment is currently available. Its spacious layout of 3 BR's, 2 Full Baths and outside covered deck all make for comfortable living. The additional other two apartments and retail store are currently occupied with long standing fully performing tenants. A one car detached garage and separate fully fenced in private parking spot, add to the comfort or revenue stream. Ridgewood is a top renters pick! A few blocks to the Halsey L or Forest Avenue M subway lines. Multiple bus lines are within close proximity, assuring easy access to both Brooklyn and Queens. One block to Myrtle Avenue with all its dining, shopping, and nightlife. The shining star is the mortgage that is fully assumable and able to save the future owner close to $300,000 in finance cost.

Last Agent to Sell the Property

John O'Kane

O Kane Realty Brokerage Phone: 718-779-1111 License #30OK0732658 Listed on: 02/01/2024

Last Buyer's Agent

John O'Kane

O Kane Realty Brokerage Phone: 718-779-1111 License #30OK0732658 Listed on: 02/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,810

Year Built

  • Built in 1931 | Remodeled in 2017

Lot Details

  • 1,972 Sq Ft Lot
  • Lot Dimensions are 20x98.58
  • 1 Common Wall
  • South Facing Home
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,609 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms

Schools

  • Is 93 Ridgewood Middle School
  • Grover Cleveland High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 40 / 3577
  • Assessor Parcel Number 03577-0040

Community Details

Overview

  • 3 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,810

Year Built

Built in 1931 | Remodeled in 2017

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Store+Dwell
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Three Or More
  • Year Built: 1931
  • New Construction: No
  • Year Built Effective: 2017
  • Attribution Contact: 718-779-1111
  • BuildingSize: 20 X 60
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Full
  • Total Bedrooms: 8
  • Living Area: 3609
  • Owner Pays: Insurance
  • SquareFootage: 3609.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 3

Exterior Features

  • Direction Faces: South
  • Construction Materials: Brick
  • Patio and Porch Features: Deck
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1
  • SeparateHotwaterHeaterDetail: 3

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Expense: 1122

Schools

  • Middle School: Is 93 Ridgewood

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 20x98.58
  • Lot Size Sq Ft: 1972
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 03577-0040
  • Zoning Description: R5B
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity
  • Available Date: 2024-05-01

Multi Family

  • Fuel Expense: 5863
  • Units Total: 3
  • Separate Electric Meters: 5
  • Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 14810
  • Tax Block: 3577
  • Tax Lot: 40
  • Tax Map Number: 03577-0040
  • IncludedInTaxes: Trash

MLS Schools

  • High School: Grover Cleveland High School
  • Middle School District: Queens 24

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $1,680,000 -11.1% $466 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $1,890,000 -- $524 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3528984

OneKey® MLS