NOT LISTED FOR SALE

8701 56th Ave Flushing, NY 11373

Elmhurst Neighborhood

Estimated Value: $1,945,632

Studio
-- Bath
3,708 Sq Ft
$525/Sq Ft Est. Value

About This Home

This home is located at 8701 56th Ave, Flushing, NY 11373 and is currently estimated at $1,945,632, approximately $524 per square foot. 8701 56th Ave is a home located in Queens County with nearby schools including P.S. 102 Bayview, IS 73 - The Frank Sansivieri School, and Newtown High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2024
Sold by
W & W Elmhurst Limited Partnership
Bought by
8701 56 Ave Llc
Current Estimated Value
$1,945,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$884,940
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,060,692

Purchase Details

Closed on
Apr 13, 2005
Sold by
Wang Yan and Wei Hua Chen
Bought by
W & W Elmhurst Limited Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 2000
Sold by
Szikla Leslie
Bought by
Wang Yan and Wei Hua Chen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
7.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 2, 1999
Sold by
Szikla Leslie and Szikla Veronica
Bought by
Szikla Leslie and The Szikla Family Ltd Partnership
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
8701 56 Ave Llc $1,800,000 --
8701 56 Ave Llc $1,800,000 --
8701 56 Ave Llc $1,800,000 --
W & W Elmhurst Limited Partnership $990,000 --
W & W Elmhurst Limited Partnership $990,000 --
Wang Yan $480,000 Chicago Title
Wang Yan $480,000 Chicago Title
Szikla Leslie -- First American Title Ins Co
Szikla Leslie -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 8701 56 Ave Llc $900,000
Closed 8701 56 Ave Llc $900,000
Previous Owner W & W Elmhurst Limited Partnership $800,000
Previous Owner Wang Yan $384,000
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 $13,152 $69,410 $17,386 $52,024
2024 $13,152 $65,482 $17,679 $47,803
2023 $12,408 $61,776 $14,165 $47,611
2022 $11,596 $82,500 $23,100 $59,400
2021 $12,710 $75,120 $23,100 $52,020
2020 $12,243 $80,940 $23,100 $57,840
2019 $9,948 $73,740 $23,100 $50,640
2018 $10,494 $51,480 $15,545 $35,935
2017 $10,421 $51,120 $16,442 $34,678
2016 $10,061 $51,120 $16,442 $34,678
2015 $5,816 $48,202 $20,304 $27,898
2014 $5,816 $45,474 $20,405 $25,069
Source: Public Records

Map

New York Queens County Flushing 11373 Elmhurst

8701 56th Ave, Flushing, NY

Not Listed for Sale

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