$1,460,000
SOLD JAN 6, 2025

84-26 55th Rd Elmhurst, NY 11373

Maspeth Neighborhood
4 Beds
3 Baths
2,761 Sq Ft
1,995 Sq Ft Lot

Recently Sold

$529 Per Sq Ft

4% Above List Price

24 Days on Market

Highlights

  • Property is near public transit
  • Marble Countertops
  • Balcony
  • Wood Flooring
  • Formal Dining Room
  • 3-minute walk to Walter Crowley Playground

About This Home

As of January 2025

Opportunity Knocks for Investors and End Users Alike!! Built in 1960 and Lovingly Upgraded/Maintained, This Large 21x47' Solid Brick 2-Family Features a Spacious 5-Room Apartment, Over a 5-Room Apartment with Finished Walk-In at Street Level. Wood Floors Throughout, Lots of Light and Closet Space, Lovely Backyard, plus Garage Parking and Private Driveway! Gas Heating System, Hot Water Heater, Electric Panel, Windows, Kitchens, and Roof All New Within the Past 10 Years! Ideally located off 57th Avenue on the Elmhurst/Maspeth Border with Great Access to Shops & Subways on Grand Avenue and Queens Blvd, Q58 and Q59 Buses, plus Parks, Schools, and Houses of Worship!, Additional information: Appearance:Excellent,Separate Hotwater Heater:Yes

Last Agent to Sell the Property

Danielle Frank

O Kane Realty Brokerage Phone: 718-779-1111 License #10401260280 Listed on: 10/07/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,995

Year Built

  • Built in 1960

Lot Details

  • 1,995 Sq Ft Lot
  • Lot Dimensions are 21x95
  • Back Yard Fenced
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,761 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Skylights
  • Chandelier
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Marble Countertops
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Subterranean Parking
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Gas Grill
  • Private Mailbox

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Ps 58 School Of Heroes Elementary School
  • Is 73 Frank Sansivieri Inter Middle School
  • Newtown High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 18 / 2893
  • Assessor Parcel Number 02893-0018

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

$11,995

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Three Or More
  • Year Built: 1960
  • Attribution Contact: 718-779-1111
  • CurrentPrice: 1460000.00
  • MlsMajorChangeType: Sold
  • CurrentPrice_By_LivingArea: 528.79392
  • ListPrice_By_LivingArea: 507.06266
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Chandelier, Entrance Foyer, Granite Counters, Formal Dining, Marble Counters
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 4
  • Living Area: 2761
  • Window Features: Blinds, Drapes, Skylight(s)
  • Basement YN: No
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard, Fenced, Partial
  • Pool Private: No
  • Spa: No
  • Exterior Features: Mailbox, Gas Grill, Balcony
  • Patio and Porch Features: Patio

Garage/Parking

  • Total Parking Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, Covered, Driveway, Garage, Off Street, On Street, Private, Storage, Underground

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Annual Water Sewer Expense: 1371

Schools

  • Middle School: Is 73 Frank Sansivieri Inter School

Lot Info

  • Lot Dimensions: 21x95
  • Lot Size Sq Ft: 1995
  • Lot Features: Near Public Transit, Near School, Near Shops, Level
  • Parcel Number: 02893-0018
  • Property Attached: Yes
  • Zoning: R5

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 2126
  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • Insurance Expense: 2844

Tax Info

  • Tax Annual Amount: 11995
  • Tax Block: 2893
  • Tax Lot: 18

MLS Schools

  • Elementary School: Ps 58 School Of Heroes
  • High School: Newtown High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2024
Closed on
Jan 6, 2025
Sold by
Lore Carleen and Lore Richard S
Bought by
Kwok Ling Yan and Kwok Tin Ming
Seller's Agent
Danielle Frank
O Kane Realty
List Price
$1,400,000
Sold Price
$1,460,000
Premium/Discount to List
$60,000
4.29%
Views
5
Current Estimated Value
$1,481,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,333
Avg. Annual Appreciation
1.68%
Original Mortgage
$900,000
Outstanding Balance
$892,143
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$589,190

Purchase Details

Closed on
Mar 2, 2022
Sold by
Lore Richard S and Mori John
Bought by
Lore Carleen and Lore Richard S

Purchase Details

Closed on
Jan 14, 2022
Sold by
Richard C Lore As Trustee and Richard C Lore Revocable Trust
Bought by
Lore Richard S

Purchase Details

Closed on
Mar 27, 2001
Sold by
Lore Richard C and Mori Marie
Bought by
Lore Richard S and Richard C Lore Revocable
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 Type Sale Price Title Company
Deed $1,460,000 --
Deed $1,460,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 Purchase Money Mortgage
Closed $900,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2025 01/06/25 Sold $1,460,000 +4.3% $529 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $1,400,000 -- $507 / 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 $11,995 $59,719 $14,184 $45,535
2024 $11,995 $59,719 $15,617 $44,102
2023 $11,515 $57,329 $13,803 $43,526
2022 $11,356 $77,640 $21,120 $56,520
2021 $11,101 $74,760 $21,120 $53,640
2020 $10,534 $72,660 $21,120 $51,540
2019 $10,411 $79,560 $21,120 $58,440
2018 $9,739 $47,774 $15,702 $32,072
2017 $9,499 $46,596 $15,576 $31,020
2016 $8,788 $46,596 $15,576 $31,020
2015 $5,302 $41,472 $20,019 $21,453
2014 $5,302 $41,472 $21,913 $19,559
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Danielle Frank

    O Kane Realty

    (718) 779-1111

    12 in this area

    26 Total Sales

    Danielle Frank
    Section Image
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Map

Source: OneKey® MLS

MLS Number: L3583677

OneKey® MLS

APN: 02893-0018

New York Queens County Elmhurst 11373 Maspeth

84-26 55th Rd, Elmhurst, NY

Sold

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