NOT LISTED FOR SALE

Estimated Value: $1,347,909 - $1,447,000

2 Beds
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold March 03, 2025

Last sale price $1,320,000

Est. 5% increase in value since last sale

Current estimated payment $8,010/month

49 Days on Market

Highlights

  • Property is near public transit, schools, and shops
  • Detached Garage
  • Hot Water Heating System
  • P.S. 49 - Dorothy Bonawit Kole Rated A-
  • Park

About This Home

As of March 2025

Discover a unique investment home in the heart of Middle Village! This meticulously maintained 2 family gem is waiting for you. Step into a one-of-a-kind property, boasting a studio apartment on the first floor and a spacious two-bedroom apartment on the second floor. This property includes an extra storage space in the back with two garages and parking space for up to five vehicles, ensuring you'll never have to worry about parking again. With a generous property size of 40 x 100 and a living space of 2,380 sq. ft., there's plenty of room for you and your family and a tenant. The building size is 20 x 57 . The best part? Taxes are a mere $9,601 (to be verified), making this two-family home an incredible opportunity you won't want to miss. There is potential additional gross income as the garages and parking spots are currently not being leased but there is a need/demand for parking in Middle Village. Located near multiple bus lines, mass transit and major highways. Being sold "as is".

Last Agent to Sell the Property

Nick Pegno

Julia Xelas Realty Brokerage Phone: 646-529-0979 License #10401359432 Listed on: 09/20/2024

Co-Listed By

Julia Xelas

Julia Xelas Realty Brokerage Phone: 646-529-0979 License #10491212193

Last Buyer's Agent

Nick Pegno

Julia Xelas Realty Brokerage Phone: 646-529-0979 License #10401359432 Listed on: 09/20/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,954

Year Built

  • Built in 1925

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

Parking

  • Detached Garage

Home Design

  • Duplex
  • Frame Construction
  • Aluminum Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Newtown High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 3-Story Property
  • Property is near public transit, schools, and shops
  • Unfinished Basement

Listing and Financial Details

  • Legal Lot and Block 19 / 2901
  • Assessor Parcel Number 02901-0019

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

$9,954

Year Built

Built in 1925

Lot Details

4,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Three Or More, Two
  • Year Built: 1925
  • Attribution Contact: 646-529-0979
  • Co List Office Mls Id: KEYJLPS01
  • Co List Office Phone: 646-529-0979
  • CurrentPrice: 1320000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Basement: Unfinished
  • Total Bedrooms: 2
  • Basement YN: No

Exterior Features

  • Construction Materials: Aluminum Siding, Frame
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Detached, Private

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 02901-0019
  • 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: 9954
  • Tax Block: 2901
  • Tax Lot: 19

MLS Schools

  • High School: Newtown High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Mar 3, 2025
Sold by
60Th Drive Realty Llc
Bought by
Chen Jin Shuai and Liu Xiao Zhen
Seller's Agent
Nick Pegno
Julia Xelas Realty
Buyer's Agent
Nick Pegno
Julia Xelas Realty
List Price
$1,399,000
Sold Price
$1,320,000
Premium/Discount to List
-$79,000
-5.65%
Views
3
Current Estimated Value
$1,388,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,477
Avg. Annual Appreciation
5.08%
Original Mortgage
$594,000
Outstanding Balance
$589,986
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$798,491

Purchase Details

Closed on
Jan 14, 2009
Sold by
Pescatore Pasquale
Bought by
60Th Drive Realty Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen Jin Shuai $1,320,000 --
Chen Jin Shuai $1,320,000 --
60Th Drive Realty Llc -- --
60Th Drive Realty Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jin Shuai $594,000
Closed Chen Jin Shuai $594,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2025 03/03/25 Sold $1,320,000 -5.6% --
11/08/2024 11/08/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $1,399,000 -- --
Source: OneKey® MLS

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 $10,363 $52,597 $14,216 $38,381
2024 $10,363 $51,595 $13,103 $38,492
2018 $8,326 $40,845 $13,811 $27,034
2017 $7,888 $38,695 $15,883 $22,812
2016 $7,306 $38,695 $15,883 $22,812
2015 $4,403 $36,526 $17,988 $18,538
2014 $4,403 $35,830 $21,184 $14,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3580085

OneKey® MLS

APN: 02901-0019

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