NOT LISTED FOR SALE

Estimated Value: $1,163,000 - $1,509,000

5 Beds
3 Baths
-- Sq Ft
2,200 Sq Ft Lot

Last Sold May 02, 2022

Last sale price $1,230,000

Est. 8% increase in value since last sale

Current estimated payment $7,984/month

2 Days on Market

About This Home

As of May 2022

Great Investment Opportunity to own a 2 family in Jackson Heights. Sold with rent-paying tenants. Conveniently located close to shopping and banks. Property in good condition.

Last Agent to Sell the Property

Amber Faruqi

Real Broker NY LLC Brokerage Phone: 347-846-1200 License #10401245217 Listed on: 01/12/2022

Real Broker NY LLC

Co-Listed By

Salim Faruqi

Real Broker NY LLC Brokerage Phone: 347-846-1200 License #10301207447

Last Buyer's Agent

Katie Tang

E Realty International Corp License #10401286597

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,900

Year Built

  • Built in 1965

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 22x100

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Schools

  • Ps 212 Elementary School
  • Is 141 Steinway Middle School
  • William Cullen Bryant High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,900

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1965
  • Attribution Contact: 347-846-1200
  • Co List Office Mls Id: KEYKLRW01
  • Co List Office Phone: 347-846-1200
  • Structure Type: Townhouse
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Driveway, Private

Utilities

  • Heating: Natural Gas, Other
  • Sewer: Other
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Is 141 Steinway (The)

Lot Info

  • Lot Dimensions: 22x100
  • Lot Size Sq Ft: 2200
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 8900

MLS Schools

  • Elementary School: Ps 212
  • High School: William Cullen Bryant High School
  • Middle School District: Queens 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
May 2, 2022
Sold by
Singh Lakhwinder and Singh Parmjit
Bought by
Zhuo Jianhua and Zhuo Jianwen
Seller's Agent
Amber Faruqi
Real Broker NY LLC
Buyer's Agent
Katie Tang
E Realty International Corp
List Price
$125,000
Sold Price
$1,230,000
Premium/Discount to List
$1,105,000
884%
Current Estimated Value
$1,330,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,042
Avg. Annual Appreciation
2.28%
Original Mortgage
$733,880
Outstanding Balance
$693,748
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$636,294

Purchase Details

Closed on
Jun 28, 2005
Sold by
Grech Moses and Grech Stella
Bought by
Singh Lakhwinder and Singh Parmjit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
5.67%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zhuo Jianhua $1,230,000 --
Singh Lakhwinder $790,000 --
Singh Lakhwinder $790,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhuo Jianhua $733,880
Previous Owner Singh Lakhwinder $174,000
Previous Owner Singh Lakhwinder $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2022 05/02/22 Sold $1,230,000 +884.0% --
01/14/2022 01/14/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $125,000 -- --
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 $11,436 $60,353 $7,851 $52,502
2024 $11,436 $56,938 $7,766 $49,172
2023 $10,875 $54,144 $7,094 $47,050
2022 $7,534 $67,020 $9,780 $57,240
2021 $10,359 $70,680 $9,780 $60,900
2020 $10,350 $74,340 $9,780 $64,560
2019 $9,633 $78,000 $9,780 $68,220
2018 $8,900 $45,120 $7,725 $37,395
2017 $8,492 $43,130 $7,346 $35,784
2016 $8,125 $43,130 $7,346 $35,784
2015 $4,688 $41,912 $10,715 $31,197
2014 $4,688 $39,540 $10,860 $28,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3369186

OneKey® MLS

APN: 01054-0036