NOT LISTED FOR SALE

Estimated Value: $855,151 - $1,086,000

4 Beds
2 Baths
2,530 Sq Ft
$380/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $840,000 $332 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,158/month

111 Days on Market

Highlights

  • 2 Car Detached Garage
  • Hot Water Heating System
  • Level Lot

About This Home

As of October 2023

Welcome to 1656 Library Avenue! This beautiful brick multi-family home is the perfect opportunity to live in a fantastic neighborhood and collect rent! Located in the desirable Country Club neighborhood, this property has 2 units of 2 bedrooms and 1 full bath each. Enjoy 2500 square feet of living space including a walkout basement, and a spacious backyard with two car garage. With its gated property and close proximity to the water, you'll love spending your days here! Call us today to book a viewing and take advantage of this amazing investment opportunity.

Last Listed By

Arya Rabinovits

eRealty Advisors, Inc Brokerage Phone: 914-712-6330 License #10401322880 Listed on: 03/23/2023

eRealty Advisors, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,217

Year Built

  • Built in 1930

Lot Details

  • 5,001 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Tri-Level Property
  • Brick Exterior Construction

Interior Spaces

  • 2,530 Sq Ft Home
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 05416-0135

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,217

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story, Tri-Level
  • Property SubType: Multi Family
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 2530
  • SquareFootage: 2530.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Driveway, On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 5001
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 05416-0135
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 2
  • NumberOf3Bedrooms: 0
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 9217
  • Tax Map Number: 05416-0135

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Oct 30, 2023
Sold by
Lombardi Trustee Egidio and Revocable Trust Of Egidio Lombardi Dated
Bought by
Tofaj Vezire and Tofaj Visar
Seller's Agent
Arya Rabinovits
eRealty Advisors, Inc
Buyer's Agent
Arya Rabinovits
eRealty Advisors, Inc
List Price
$979,000
Sold Price
$840,000
Premium/Discount to List
-$139,000
-14.2%
Total Days on Market
111
Views
357
Current Estimated Value
$961,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,788
Avg. Annual Appreciation
6.63%
Original Mortgage
$588,000
Outstanding Balance
$581,397
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$342,890

Purchase Details

Closed on
Mar 30, 2016
Sold by
Lombardi Egidio
Bought by
Revocable Trust Of Egidio Lombardi and Lombardi

Purchase Details

Closed on
Mar 21, 2014
Sold by
Estate Of Concetta Lombardi and Egidio Lombardi %
Bought by
Lombardi Egidio

Range of Values:

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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
Tofaj Vezire $840,000 --
Revocable Trust Of Egidio Lombardi -- --
Lombardi Egidio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tofaj Vezire $588,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $840,000 0.0% $332 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
07/11/2023 07/11/23 Off Market $840,000 -- --
06/20/2023 06/20/23 Price Changed $899,000 -8.2% $355 / Sq Ft
03/23/2023 03/23/23 For Sale $979,000 -- $387 / 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
2024 $9,595 $47,774 $11,776 $35,998
2023 $9,217 $45,385 $10,583 $34,802
2022 $9,060 $53,160 $14,760 $38,400
2021 $8,386 $50,700 $14,760 $35,940
2020 $7,973 $50,940 $14,760 $36,180
2019 $7,669 $48,420 $14,760 $33,660
2018 $7,051 $37,821 $11,882 $25,939
2017 $7,064 $37,821 $13,907 $23,914
2016 $6,580 $36,022 $13,265 $22,757
2015 $3,865 $33,984 $16,220 $17,764
2014 $3,865 $33,177 $14,377 $18,800
Source: Public Records

Agents Affiliated with this Home

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Source: OneKey® MLS

MLS Number: KEY6238380

OneKey® MLS

APN: 05416-0135