NOT LISTED FOR SALE

87-42 van Wyck Expy Jamaica, NY 11418

Kew Gardens Neighborhood

Estimated Value: $785,000 - $932,000

4 Beds
2 Baths
-- Sq Ft
3,480 Sq Ft Lot

Last Sold April 26, 2022

Last sale price $700,000

Est. 23% increase in value since last sale

Current estimated payment $5,212/month

16 Days on Market

Highlights

  • Colonial Architecture
  • 2-minute walk to Jamaica-Van Wyck
  • Heating System Uses Steam
  • P.S. 99 - Kew Gardens Rated A-

About This Home

As of April 2022

Large 2 family home in Richmond Hill Queens first time on the market. This is a legal 2-family that sits on top of 40x87/3,480 sq ft of property with an R4 zoning and lots of room for expansion. Usable floor area is 1,496 and allowable floor area is 3,132. Bring your architects and explore the possibilities. Sold as it. The property is located within walking distance to both the E and F trains and MTA buses; at the entrance of the Van Wyck Expwy Exit 6. Also walk to public and private school, hospital, shopping and fitness center.

Last Agent to Sell the Property

Elizabeth Richards

Douglas Elliman Real Estate License #40RI1097355 Listed on: 01/25/2022

Douglas Elliman Real Estate

Last Buyer's Agent

Elizabeth Richards

Douglas Elliman Real Estate License #40RI1097355 Listed on: 01/25/2022

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,475

Year Built

  • Built in 1935

Lot Details

  • 3,480 Sq Ft Lot
  • Lot Dimensions are 40x87
  • No Common Walls

Parking

  • Private Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Aluminum Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Oven
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Hillcrest High Middle School
  • Jamaica Gateway To The Sciences High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 27 / 9623
  • Assessor Parcel Number 09623-0027

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,475

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Good
  • Levels: Two
  • Year Built: 1935
  • New Construction: No
  • Attribution Contact: 516-354-6500
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Inclusions: Refrigerator
  • Total Bedrooms: 4
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame, Aluminum Siding, Stucco
  • Flood Zone Date: 2022-01-26
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Steam
  • Hot Water: Gas Stand Alone
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Hillcrest High School
  • High School: Jamaica Gateway To The Sciences
  • Middle School: Hillcrest High School

Lot Info

  • Lot Size Acres: 0.0800
  • Lot Size Area: 0.0800
  • Lot Dimensions: 40x87
  • Lot Size Sq Ft: 3480.00
  • Lot Size Units: Acres
  • Parcel Number: 09623-0027
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-04-26
  • Included in Taxes: Trash
  • Tax Annual Amount: 6475.00
  • Tax Block: 9623
  • Tax Lot: 27
  • Tax Map Number: 09623-0027

Multi Family

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

MLS Schools

  • High School: Jamaica Gateway To The Sciences
  • Middle School District: Queens 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
Apr 25, 2022
Sold by
Cusack Kevin Eugene
Bought by
Khasria Holding Llc
Seller's Agent
Elizabeth Richards
Douglas Elliman Real Estate
Buyer's Agent
Elizabeth Richards
Douglas Elliman Real Estate
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Current Estimated Value
$857,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,558
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Jan 20, 1987
Sold by
Cusack Peter L and Cusack Catherine
Bought by
Cusack Kevin Eugene
Source: Public Records

Range of Values:

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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
Khasria Holding Llc $700,000 --
Khasria Holding Llc $700,000 --
Cusack Kevin Eugene -- Security Title & Guaranty Co
Cusack Kevin Eugene -- Security Title & Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cusack Kevin Eugene $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $700,000 -6.7% --
02/10/2022 02/10/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $750,000 -- --
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 $6,908 $36,437 $8,400 $28,037
2024 $6,908 $34,396 $9,497 $24,899
2023 $6,908 $34,396 $9,703 $24,693
2022 $6,468 $46,200 $13,320 $32,880
2021 $6,475 $47,580 $13,320 $34,260
2020 $6,131 $40,920 $13,320 $27,600
2019 $5,703 $35,040 $13,320 $21,720
2018 $5,545 $28,663 $10,414 $18,249
2017 $5,449 $28,200 $11,445 $16,755
2016 $5,050 $28,200 $11,445 $16,755
2015 $2,989 $25,303 $13,676 $11,627
2014 $2,989 $23,886 $14,182 $9,704
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Richards

    Seller's Agent in 2022

    Elizabeth Richards

    Douglas Elliman Real Estate

    (917) 692-9330

    1 in this area

    32 Total Sales

    Elizabeth Richards
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Map

Source: OneKey® MLS

MLS Number: KEY3372080

OneKey® MLS

APN: 09623-0027

New York Queens County Jamaica 11418 Kew Gardens

87-42 van Wyck Expy, Jamaica, NY

This home is located at 87-42 van Wyck Expy, Jamaica, NY 11418 since 25 January 2022 and is currently estimated at $857,558. This property was built in 1935. 87-42 van Wyck Expy is a home located in Queens County with nearby schools including P.S. 99 - Kew Gardens, J.H.S. 217 Robert A. Van Wyck, and Hillcrest High School.

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