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41-81 Franklin Avenue

41-81 Franklin Avenue, Flushing, NY 11355
Property in Flushing
Nearby Listings
The property has no active listings. Please see other similar options below.
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41-81 Franklin Avenue in Flushing, NY was first built in 1961 and is 63 years old. This has been categorized as a commercial property type. It is a single story home. The linear feet across the front of the lot is 504 ft and the linear feet between the front and back of the lot is 1,131. In total, the area measurement of the land is 5,650 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 41-81 Franklin Avenue sold most recently in May 15, 2014 for a total of $2,330,000. If you work out the math, that's approximately a cost of $541.86 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $55,719 in taxes each year. 41-81 Franklin Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $526,050. If we break it down further, the land itself was valued at $117,000. Improvements to the property, however, were assessed at a total of $409,050. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 1
  • Living Units: 5
  • Business/Commerical Units Count: 76
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,650
  • Lot Size Depth Feet: 1,131
  • Lot Size Frontage Feet: 504
  • Total Building Area: 4,300
  • Gross Building Area: 4,300
  • Building Area: 4,300
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.13
  • Standard Land Use Code: Retail stores (personal services, photography, travel)

Ownership

  • Current Owner : 25-07 43RD AVENUE LLC
  • Previous Owner : RS ASSOCIATES LLC
  • Owner Before Previous Owner: SMITH DOROTHY
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: QUEENS
  • Census Tract: 085900

Zoning

  • Zoning: R3X

Geography

  • Account Number: 4-05183-0001
  • Section: 2506
  • Parcel: 05183-0001
  • Block: 5183
  • Lot: 1
  • Municipality: EAST FLUSHING
  • Latitude: 40.7575
  • Longitude: -73.8222

    Address

  • Full Address: 4181 Franklin Ave
  • Address - House Number: 4181
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Flushing
  • Zip Code: 11355

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $55,719

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,061,178
  • First Open Lien Mortgage Lender: INDUSTRIAL AND COMMERCIAL BANK
  • First Open Lien Mortgage Recording Date: May 04, 2021
  • First Open Lien Mortgage Loan Amount: $1,061,178
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $1,169,000
  • Market Land Value: $260,000
  • Market Improvement Value: $909,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $526,050
  • Assessed Land Value: $117,000
  • Assessed Improvements Value: $409,050

    Sales

  • Current Sale Contract Date: May 15, 2014
  • Current Sale Recording Date: Jun 02, 2014
  • Current Sale Transaction ID: 1195211007
  • Current Sale Price: $2,330,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2014000187615
  • Previous Sale Recording Date: Nov 25, 2002
  • Previous Sale Contract Date: Oct 09, 2002
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: SMITH
  • Previous Mortgage Transaction Date: Nov 25, 2002
  • Previous Mortgage Loan Amount: $499,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Northeastern Queens



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Frequently Asked Questions

What neighborhood is 41-81 Franklin Avenue located in?
The 41-81 Franklin Avenue is a located in the neighborhood of Flushing in Northeastern Queens, Flushing.
What is the average sales price for listings in 41-81 Franklin Avenue?
The average sales price for units in 41-81 Franklin Avenue is $0 currently.

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