NOT LISTED FOR SALE

89 Montgomery Ave Staten Island, NY 10301

Saint George Neighborhood

Estimated Value: $637,070 - $865,000

Studio
-- Bath
2,200 Sq Ft
$342/Sq Ft Est. Value

Sale Details

Date Sold: June 18, 2013

Last sale price $340,000 $155 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $4,450 / mo

668 Days on Market

Highlights

  • Attached Garage
  • Hot Water Baseboard Heater
  • 4-minute walk to Tompkinsville Park
  • Intercom

About This Home

As of June 2013

Attention all investors: 3 Family investment property located downtown Staten Island. Turnkey operation, close to Staten Island Ferry, ball park, shopping and transportation.

Last Agent to Sell the Property

Susan Levoyer

V.I.P. Real Estate, Inc. License #10311204246 Listed on: 07/16/2011

Last Buyer's Agent

BROKER NON-MLS

Reliable Sell & Buy Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,735

Year Built

  • Built in 1925

Lot Details

  • 2,125 Sq Ft Lot
  • Lot Dimensions are 23x50

Home Design

  • Stucco

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Intercom

Parking

  • Attached Garage
  • On-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 220 Volts

Community Details

  • 3 Units
  • Gross Income $42,000

Listing and Financial Details

  • Legal Lot and Block 0029 / 00016
  • Assessor Parcel Number 00016-0029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,735

Year Built

Built in 1925

Lot Details

2,125 Sq Ft Lot

Listing Details

  • Property Sub Type: 3F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Lot Size: 23X50
  • Directions: Victory Blvd. to Montgomery Ave.
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approx
  • Year Built: 1925
  • General Property Info:Public Remarks3: Attention all investors: 3 Family investment property located downtown Staten Island. Turnkey operation, close to Staten Island Ferry, ball park, shopping and transportation.
  • ContractLocation Information:List PriceSqFt2: 176.82
  • General Property Info:Tax Abated: No
  • General Property Info:Condition: Excellent
  • Income Expenses Gross Income: 42000.0
  • Annual Expenses: 9349.0
  • Income Expenses Net Income: 32651.0
  • General Property Info:Year Built Info: Approx
  • Extras:Intercom2: Yes
  • Special Features: None
  • Stories: 2
  • Year Built: 1925

Interior Features

  • General Property Info:Stories2: 2.0
  • General Property Info:Basement Type: Full
  • Appliances:Total Number Refrigerators: 3
  • Appliances:Total Number Ranges: 3
  • General Property Info Basement Desc: Unfinished

Exterior Features

  • Construction Type: Stucco
  • Siding:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking:On Street: Yes
  • Garage Location:Attached: Yes

Utilities

  • Green Building Features: Intercom
  • Cooling Y N: No
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 1.0
  • General Property Info:Air Conditioner: None
  • Sewer:City3: Yes
  • Electric:_two_20: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Hot Water2: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Mixed2: Yes

Lot Info

  • Lot Size Sq Ft: 2125.0
  • Lot Size Units: Square Feet
  • Parcel #: 00016-0029
  • Zoning: C4-2
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 2125.0
  • General Property Info:Lot Dim: 25X85

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 42000.0
  • Property Net Operating Income: 32651.0
  • Annual Operating Expense: 9349.0

Tax Info

  • Tax Annual Amount: 2735.0
  • Tax Block: 00016
  • Tax Lot: 0029
  • General Property Info:Taxes2: 2735.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2011
Closed on
Jun 18, 2013
Sold by
Ispahany S Javed
Bought by
Mahmoud Ahmed and El Sheemy Marwa
Seller's Agent
Susan Levoyer
V.I.P. Real Estate, Inc.
Buyer's Agent
BROKER NON-MLS
Reliable Sell & Buy Realty Inc
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$751,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,768
Avg. Annual Appreciation
6.37%
Original Mortgage
$260,100
Outstanding Balance
$185,185
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$566,583
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mahmoud Ahmed $347,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahmoud Ahmed $260,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2013 06/18/13 Sold $340,000 0.0% $155 / Sq Ft
05/14/2013 05/14/13 Pending -- -- --
07/16/2011 07/16/11 For Sale $340,000 -- $155 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $5,241 $46,560 $4,456 $42,104
2024 $5,241 $49,680 $3,939 $45,741
2023 $5,228 $25,740 $3,287 $22,453
2022 $4,848 $48,960 $7,500 $41,460
2021 $5,110 $40,560 $7,500 $33,060
2020 $4,879 $40,020 $7,500 $32,520
2019 $4,549 $34,800 $7,500 $27,300
2018 $4,373 $21,450 $5,494 $15,956
2017 $4,125 $20,236 $7,105 $13,131
2016 $4,045 $20,236 $6,745 $13,491
2015 $3,478 $19,209 $5,216 $13,993
2014 $3,478 $18,122 $4,586 $13,536
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Susan Levoyer

    V.I.P. Real Estate, Inc.

    Section Image

  • B

    Buyer's Agent in 2013

    BROKER NON-MLS

    Reliable Sell & Buy Realty Inc

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1069666

Staten Island Multiple Listing Service

APN: 00016-0029

New York Richmond County Staten Island 10301 Saint George

89 Montgomery Ave, Staten Island, NY

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