NOT LISTED FOR SALE

85-04 Parsons Blvd Jamaica, NY 11432

Briarwood Neighborhood

Estimated Value: $1,078,688 - $1,358,000

5 Beds
3 Baths
2,698 Sq Ft
$446/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $1,049,000 $389 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,064/month

192 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Formal Dining Room
  • Wood Flooring
  • Granite Countertops
  • 1 Car Attached Garage

About This Home

As of June 2024

An amazing buy for those looking for a turnkey investment or multi-family living. 3 separate units with expansive floor plans. 2 bedrooms/1 bath on the 2nd and 3rd level with an L-shape living room/formal dining room convertible to 3 bedrooms on each floor. The kitchen and bathroom has been tastefully renovated on the 2nd level. The 1st floor unit offers a spacious studio convertible to a JR1 with access to a private backyard. Cost efficient set up with 3 separate gas and 3 electric meters. Private garage and driveway. Conveniently located on Parsons Blvd. Minutes to the express E and F trains. Close to major highways including the Van Wyck and GCP. Near St John's University and Queens College. Accessible to a stellar selection of diverse restaurants, cafes, bars and shops.

Last Agent to Sell the Property

Lily Tran

EXP Realty Brokerage Phone: 888-276-0630 License #30TR0943351 Listed on: 08/04/2023

EXP Realty

Last Buyer's Agent

Sarwor Khan

Exit Realty Prime License #40KH1084556

Exit Realty Prime

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,419

Year Built

  • Built in 1960

Lot Details

  • 1,298 Sq Ft Lot
  • Lot Dimensions are 26.42x76
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,698 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 86 Elementary School
  • JHS 217 Robert A Van Wyck Middle School
  • Hillcrest High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 0009 / 09735
  • Assessor Parcel Number 09735-0009

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,419

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Three Or More
  • Year Built: 1960
  • New Construction: No
  • Attribution Contact: 888-276-0630
  • BuildingSize: 21.83 X 46
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Microwave, Oven, Refrigerator
  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen, Formal Dining, Entrance Foyer, Granite Counters, Living Room/Dining Room Combo, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood, Wall To Wall Carpet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: None
  • Inclusions: A/C Units,B/I Shelves,Ceiling Fan,Microwave,Refrigerator
  • Total Bedrooms: 5
  • Living Area: 2698
  • SquareFootage: 2698.00
  • SquareFootageSource: Other
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, Garage, On Street

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 3
  • SeparateHotwaterHeaterDetail: Yes

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 217 Robert A Van Wyck

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 26.42x76
  • Lot Size Sq Ft: 1298
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 09735-0009
  • Zoning Description: R4A
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-08-07

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 9419
  • Tax Block: 09735
  • Tax Lot: 0009
  • Tax Map Number: 09735-0009
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • Elementary School: Ps 86
  • High School: Hillcrest High School
  • Middle School District: Queens 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Jun 14, 2024
Sold by
Bernard F Mcgovern As Administrator Ct and Dennis Mark Co-Executor
Bought by
Al Murshed Mohammed
Seller's Agent
Lily Tran
EXP Realty
Buyer's Agent
Sarwor Khan
Exit Realty Prime
List Price
$1,099,000
Sold Price
$1,049,000
Premium/Discount to List
-$50,000
-4.55%
Views
273
Current Estimated Value
$1,204,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,422
Avg. Annual Appreciation
10.61%
Original Mortgage
$839,200
Outstanding Balance
$828,491
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$375,931
Source: Public Records

Range of Values:

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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
Al Murshed Mohammed $1,049,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Al Murshed Mohammed $839,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2024 06/14/24 Sold $1,049,000 -2.8% $389 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
10/05/2023 10/05/23 Price Changed $1,079,000 -1.8% $400 / Sq Ft
08/04/2023 08/04/23 For Sale $1,099,000 -- $407 / 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 $9,111 $52,111 $12,306 $39,805
2024 $9,874 $49,162 $11,504 $37,658
2023 $3,894 $46,380 $10,288 $36,092
2022 $3,970 $72,000 $18,660 $53,340
2021 $4,137 $59,700 $18,660 $41,040
2020 $3,937 $51,360 $18,660 $32,700
2019 $3,626 $43,980 $18,660 $25,320
2018 $3,280 $38,650 $15,651 $22,999
2017 $7,233 $38,650 $17,887 $20,763
2016 $3,175 $38,650 $17,887 $20,763
2015 $1,760 $36,188 $17,586 $18,602
2014 $1,760 $34,140 $18,632 $15,508
Source: Public Records

Agents Affiliated with this Home

  • Lily Tran

    Seller's Agent in 2024

    Lily Tran

    EXP Realty

    (917) 279-0177

    4 in this area

    275 Total Sales

    Lily Tran
    Section Image
  • Sarwor Khan

    Buyer's Agent in 2024

    Sarwor Khan

    Exit Realty Prime

    (347) 665-7580

    8 in this area

    96 Total Sales

    Sarwor Khan
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3495865

OneKey® MLS

APN: 09735-0009

New York Queens County Jamaica 11432 Briarwood

85-04 Parsons Blvd, Jamaica, NY

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