NOT LISTED FOR SALE

Estimated Value: $1,237,000 - $1,317,000

4 Beds
3 Baths
2,498 Sq Ft
$514/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $1,150,000 $460 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,623/month

15 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Wood Flooring
  • P.S. 26 Rufus King School Rated A
  • Private Lot
  • 4-minute walk to Cunningham Park

About This Home

As of June 2023

This is a very rare turn-key investment opportunity! All of the heavy lifting in terms of renovations to this legal 2-family home were done less than 10 years ago - you will have no problem finding, and keeping tenants in this very well-maintained home. Conveniently located in close proximity to Cunningham Park, the express bus into Manhattan, major highways, dining, shopping, schools and houses of worship. First Floor: Studio with large room, ability-impaired accessible full bath, 2-car garage Second Floor: Living room, dining room, kitchen, 2 bedrooms, full bath Third Floor: Living room, dining room, kitchen, 2 bedrooms, full bath Additional Features: Two boilers, two gas meters, three electric meters, updated and/or replaced in 2015: windows, kitchens, bathrooms, split air conditioning units/system, washer and dryer in each unit

Last Agent to Sell the Property

Annie Hsu

Keller Williams Rlty Landmark License #10301207568 Listed on: 05/09/2023

Keller Williams Rlty Landmark

Last Buyer's Agent

Annie Hsu

Keller Williams Rlty Landmark License #10301207568 Listed on: 05/09/2023

Keller Williams Rlty Landmark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,974

Year Built

  • Built in 1950

Lot Details

  • 1,806 Sq Ft Lot
  • Lot Dimensions are 21x86
  • Two or More Common Walls
  • East Facing Home
  • Stone Wall
  • Private Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,498 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Dryer

Kitchen

  • Oven
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 26 Rufus King Elementary School
  • JHS 216 George J Ryan Middle School
  • Francis Lewis High School

Utilities

  • Ductless Heating Or Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 43 / 7215
  • Assessor Parcel Number 07215-0043

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,974

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Three Or More
  • Year Built: 1950
  • New Construction: No
  • BuildingSize: 21' x 46'
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator
  • Interior Amenities: Granite Counters
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: None
  • Inclusions: Dishwasher,Dryer,Energy Star Appliance(s),Garage Door Opener,Refrigerator,Second Dishwasher,Second Dryer,Second Stove,Second Washer
  • Total Bedrooms: 4
  • Living Area: 2498
  • SquareFootage: 2498.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 2

Exterior Features

  • Direction Faces: East
  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Attached, 2 Car Attached

Utilities

  • Cooling: Ductless
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 216 George J Ryan

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 21x86
  • Lot Size Sq Ft: 1806
  • Lot Size Units: Acres
  • Lot Features: Level, Stone/Brick Wall, Near Public Transit, Private
  • Parcel Number: 07215-0043
  • Zoning Description: R3-2
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-05-10

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 2
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 9974
  • Tax Block: 7215
  • Tax Lot: 43
  • Tax Map Number: 07215-0043
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps 26 Rufus King
  • High School: Francis Lewis High School
  • Middle School District: Queens 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Jun 28, 2023
Sold by
75-76 199Th Street Llc
Bought by
Success 18 Management Llc
Seller's Agent
Annie Hsu
Keller Williams Rlty Landmark
Buyer's Agent
Annie Hsu
Keller Williams Rlty Landmark
List Price
$1,249,000
Sold Price
$1,150,000
Premium/Discount to List
-$99,000
-7.93%
Views
65
Current Estimated Value
$1,284,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,466
Avg. Annual Appreciation
4.62%

Purchase Details

Closed on
Apr 27, 2015
Sold by
Nancy Jung Revocable Asset Management Tr and Paul Romer Co-Trustee
Bought by
75-76 199Th Street Llc

Purchase Details

Closed on
May 3, 2011
Sold by
Jung Nancy
Bought by
Jung Nancy and The Nancy Jung Revocable Asset Managemen
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
Success 18 Management Llc $1,150,000 --
75-76 199Th Street Llc $795,000 --
Jung Nancy -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2023 06/28/23 Sold $1,150,000 -7.9% $460 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $1,249,000 -- $500 / 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 $10,637 $56,135 $14,532 $41,603
2024 $10,637 $52,958 $14,088 $38,870
2023 $10,147 $49,964 $11,343 $38,621
2022 $9,974 $71,340 $17,940 $53,400
2021 $10,435 $62,880 $17,940 $44,940
2020 $9,902 $56,100 $17,940 $38,160
2019 $9,232 $53,220 $17,940 $35,280
2018 $8,488 $41,637 $12,005 $29,632
2017 $8,488 $41,637 $13,430 $28,207
2016 $8,260 $41,637 $13,430 $28,207
2015 $4,518 $38,983 $18,306 $20,677
2014 $4,518 $36,777 $16,680 $20,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3476959

OneKey® MLS

APN: 07215-0043