Fair Value - 1419 30th Dr

Page 1

14-19 30TH DR 4-17-2024 F A I R V A L U E R E P O R T NICHOLAS AMATO JANE LEE

SUBJECT PROPERTY

14-19 30TH DRIVE

Originally Single Family

Conversion to 2-Family in 2009

5 Beds; 2 5 Baths

2112 Sqft; Lot Size: 4004 Sqft

Outdoor Space: YES

Property Condition: Fair

Ownership Since: 12/23/2002

Dear Nick and Jane,

I have completed a fair value report for the property located 1419 30th Dr, Astoria, NY 11102

Based on the current market activity and comparable sales data (enclosed), I arrived at the fair value between $1,355,000 and $1,405,000 With an asking price of $1,395,000, the property is priced within range of value

Given 3 current offers on the table, I recommend an offer price close to asking to ensure a competitive bid

Please feel free to contact me should you have any questions or require further clarification

Apple Christie-Wallace
590 Madison Avenue, New York, NY 10022 04-17-2024 It’simportanttonotethatrealestatevaluationsaresubjecttomarketfluctuationsandotherexternalfactors Therefore,thisvaluationservesasa snapshotbasedonthecurrentmarketconditionsandavailabledata
The Meier Team at Berkshire Hathaway Home Services

Subject Property

Address Unit PRICE Type Beds Baths FT2 $/FT2 RE Taxes Outdoor Space Neighborhood 14-19 30 Drive - $1,395,000 - 5 2.5 2,112 $660 - YesClosed Sales Address Unit Closing Price Type Beds Baths FT2 $/FT2 RE Taxes Outdoor Space Neighborhood 26-29 30 Street - $1,450,000 SingleFamily Townhouse - - 1,666 $870 - Yes Astoria 23-12 30 Avenue - $1,250,000 SingleFamily Townhouse - - 1,701 $734 - Yes Astoria 30-10 23 Street - $1,675,000 Multi-Family Townhouse 5 3 2,770 $604 $780 Yes Astoria 23-34 33 Avenue - $1,300,000 Multi-Family Townhouse - - 2,227 $583 - Yes Astoria 27-25 12 Street - $1,555,000 SingleFamily Townhouse 4 3 1,836 $846 $630 Yes Astoria 11-33 30 Drive - $1,400,000 Multi-Family Townhouse - - 2,440 $573 - Yes Astoria 11-52 30 Road - $1,535,000 Multi-Family Townhouse - - 3,200 $479 - Yes Astoria 30-68 12 Street - $1,425,000 Multi-Family Townhouse 5 3 2,902 $491 $352 Yes Astoria Closed Sales Averages (8) - $1,448,750 - 4.7 3.0 | 0 2,342 $648 $587 - -
Status Count Price Beds FT2 $/FT2 RE Taxes 14-19 30 Drive - $1,395,000 5 2,112 $660Closed Sales Listings Averages 8 $1,448,750 4.7 2,342 $648 $587 Summary Average 8 $1,448,750 4.7 2,342 $647 $587 Comparative Market Analysis created April 17, 2024 Apple Christie-Wallace (347) 443-4798 | achristiewallace@bhhsnyp.com 1 of 1
Summary
of All Listings No. Status Address 1 Sold 27-25 12 Street 2 Sold 30-10 23 Street 3 Sold 30-68 12 Street 4 Sold 23-12 30 Avenue 5 Sold 11-33 30 Drive 6 Sold 26-29 30 Street 7 Sold 23-34 33 Avenue 8 Sold 11-52 30 Road / Map of All Listings 14-19 30 Drive
Map
26-29 30 ST. QUEENS, NY, $1,450,000 ASTORIA Single-Family Townhouse 1666 Sq. Ft. Approx. Studio FEATURES: Garden Apple Christie-Wallace o: 646-677-9374 c: (347) 443-4798 achristiewallace@bhhsnyp.com (212) 710-1900 • bhhsnyp.com • 590 Madison Avenue, 5th Fl., New York, NY, 10022 © 2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.
SUBWAYS: Astoria Blvd-Hoyt Av 0.1 MI N Q 30 Av-Grand Av 0.19 MI N Q Ditmars Blvd 0.54 MI N Q Broadway 0.59 MI N Q Steinway St 0.77 MI M R 46th St 0.91 MI M R (212) 710-1900 • bhhsnyp.com • 590 Madison Avenue, 5th Fl., New York, NY, 10022 © 2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.
23-12 30 AVE. QUEENS, NY, $1,250,000 ASTORIA Single-Family Townhouse 1701 Sq. Ft. Approx. Studio FEATURES: Garden Apple Christie-Wallace o: 646-677-9374 c: (347) 443-4798 achristiewallace@bhhsnyp.com (212) 710-1900 • bhhsnyp.com • 590 Madison Avenue, 5th Fl., New York, NY, 10022 © 2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.
SUBWAYS: 30 Av-Grand Av 0.28 MI N Q Astoria Blvd-Hoyt Av 0.44 MI N Q Broadway 0.46 MI N Q Steinway St 0.81 MI M R Ditmars Blvd 0.84 MI N Q 36 Av-Washington Av 0.85 MI N Q (212) 710-1900 • bhhsnyp.com • 590 Madison Avenue, 5th Fl., New York, NY, 10022 © 2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.

Multi-Family Townhouse

Monthly Taxes: $780

2770 Sq. Ft. Approx.

5 Bedrooms

3 Bathrooms

10 Rooms

List Date 6.8.2023

FEATURES: Terrace, Balcony, Garden, Rooftop

POLICIES: Pets Allowed

expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer/Buyers Agent must verify the information and bears all risk for any inaccuracies.

Apple

achristiewallace@bhhsnyp.com

30-10 23 ST. QUEENS, NY, 11102 $1,675,000 ASTORIA Prime Location 30th Avenue Area The Heart of Astoria! Three Stories Legal 2-Family Brick Property located on 23rd St & 30th Ave. First time on the market in over 40 years. Fire-Escape is already Built-in and the Walk-in Apt has a Side Entrance. Easy to convert to a Legal 3-Family. The property will be delivered Vacant. Great for Investors or an End-user. Located 1Block from Mount Sinai Hospital. 3rd Floor Huge 2BR Apt can be converted to 3BR Apt. 2nd Floor Huge 2BR Apt with Private Outdoor Patio, can be converted to 3BR Apt. 1st Floor walk-in Apt Large Open Space which can be converted to 1BR or 2BR Apt. Huge Backyard. Amazing Air-Rights: Zoning: R6A Allowed usable floor area: 6,474 Square feet Usable floor area as built: 2,672 Square feet Unused FAR: 3,712 Square feet Lot Size: 26ft x 83ft Building dimensions: 22ft x 45ft Semi-Attached Floors: 3 One Built-in Garage New Windows New Garage Door This information has been secured from sources we believe to be reliable, but we make no representations or warranties,
Christie-Wallace
646-677-9374
o:
c: (347) 443-4798
(212) 710-1900 • bhhsnyp.com
590 Madison Avenue, 5th Fl., New York, NY, 10022 © 2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.
SUBWAYS: 30 Av-Grand Av 0.32 MI N Q Astoria Blvd-Hoyt Av 0.48 MI N Q Broadway 0.48 MI N Q Steinway St 0.84 MI M R 36 Av-Washington Av 0.86 MI N Q Ditmars Blvd 0.86 MI N Q (212) 710-1900 • bhhsnyp.com • 590 Madison Avenue, 5th Fl., New York, NY, 10022 © 2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.
23-34 33 AVE. QUEENS, NY, $1,300,000 ASTORIA Multi-Family Townhouse 2227 Sq. Ft. Approx. Studio FEATURES: Garden Apple Christie-Wallace o: 646-677-9374 c: (347) 443-4798 achristiewallace@bhhsnyp.com (212) 710-1900 • bhhsnyp.com • 590 Madison Avenue, 5th Fl., New York, NY, 10022 © 2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.
SUBWAYS: Broadway 0.24 MI N Q 36 Av-Washington Av 0.44 MI N Q 30 Av-Grand Av 0.5 MI N Q Steinway St 0.63 MI M R 39 Av-Beebe Av 0.72 MI N Q 36th St 0.76 MI M R (212) 710-1900 • bhhsnyp.com • 590 Madison Avenue, 5th Fl., New York, NY, 10022 © 2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.

27-25

12 ST.

QUEENS, NY, 11102

$1,555,000 ASTORIA

Conveniently located off Astoria Park, you will find a lovely two-family home. There is an owner's duplex, a fully finished basement, and a 2-bedroom rental on the third floor. The house's current owners are professional chefs; therefore, you will find top-of-theline stainless steel appliances, including a Wolf induction cooktop, a myriad of cabinetry, and countertops galore. There is a granite island that accommodates six people comfortably. The open floorplan creates a large living and dining room without compromising the natural sunlight flooding the space. The spiced maple hardwood floors and 5" tall baseboards make the space even more inviting. The second floor consists of 2 bedrooms, a bathroom, and great closets. The spa-like bathroom has a glass-enclosed stand-up shower, modern Italian porcelain tiles, a Robern medicine cabinet, and a linen closet. The third-floor rental unit consists of two bedrooms, a living room, a modern eat-in kitchen, and a full bath. The fully finished basement is accessible from both the front and rear of the home. The cellar has imported Italian porcelain tiles, a bathroom, many closets for storage, a laundry room, and a utility room. The cold room off the kitchen leads you to an oasis of a backyard. There is a covered patio with Belgian block stone, a garden perfect for growing vegetables, and access to the garage. Completely renovated over the past few years, other updates include a new roof with a warranty, all new triple pane windows, European black-out shutters, and a water heater. Enjoy the benefits of living in a duplex with a full finished basement while collecting rental income.

Single-Family Townhouse

Monthly Taxes: $630

1836 Sq. Ft. Approx.

4 Bedrooms

3 Bathrooms

10 Rooms

List Date 2.19.2022

FEATURES: Garden, Building

Laundry, Prewar, Garage, Multilevel

POLICIES: Pets Allowed

Apple

achristiewallace@bhhsnyp.com

Christie-Wallace o: 646-677-9374 c:
(347) 443-4798
(212) 710-1900 • bhhsnyp.com • 590 Madison Avenue, 5th Fl., New York, NY, 10022 © 2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.
SUBWAYS: 30 Av-Grand Av 0.59 MI N Q Astoria Blvd-Hoyt Av 0.64 MI N Q Broadway 0.77 MI N Q Ditmars Blvd 0.92 MI N Q 36 Av-Washington Av 1.11 MI N Q Steinway St 1.14 MI M R (212) 710-1900 • bhhsnyp.com • 590 Madison Avenue, 5th Fl., New York, NY, 10022 © 2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.
11-33 30 DR. QUEENS, NY, $1,400,000 ASTORIA Multi-Family Townhouse 2440 Sq. Ft. Approx. Studio FEATURES: Garden Apple Christie-Wallace o: 646-677-9374 c: (347) 443-4798 achristiewallace@bhhsnyp.com (212) 710-1900 • bhhsnyp.com • 590 Madison Avenue, 5th Fl., New York, NY, 10022 © 2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.
SUBWAYS: 30 Av-Grand Av 0.65 MI N Q Broadway 0.69 MI N Q Astoria Blvd-Hoyt Av 0.8 MI N Q 36 Av-Washington Av 0.94 MI N Q Steinway St 1.09 MI M R 86th St 1.09 MI Q (212) 710-1900 • bhhsnyp.com • 590 Madison Avenue, 5th Fl., New York, NY, 10022 © 2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.
11-52 30 RD. QUEENS, NY, $1,535,000 ASTORIA Multi-Family Townhouse 3200 Sq. Ft. Approx. Studio FEATURES: Garden Apple Christie-Wallace o: 646-677-9374 c: (347) 443-4798 achristiewallace@bhhsnyp.com (212) 710-1900 • bhhsnyp.com • 590 Madison Avenue, 5th Fl., New York, NY, 10022 © 2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.
SUBWAYS: 30 Av-Grand Av 0.62 MI N Q Broadway 0.68 MI N Q Astoria Blvd-Hoyt Av 0.76 MI N Q 36 Av-Washington Av 0.95 MI N Q Steinway St 1.08 MI M R Ditmars Blvd 1.1 MI N Q (212) 710-1900 • bhhsnyp.com • 590 Madison Avenue, 5th Fl., New York, NY, 10022 © 2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.

30-68 12 ST. QUEENS, NY, 11102

$1,425,000

ASTORIA

Welcome to 30-68 12th St in Astoria – an exceptional semi-detached multi-family home offering endless possibilities for first-time homebuyers, buyers, and investors alike. This unique property boasts three spacious floors making it an incredible opportunity for those looking to start their real estate journey or expand their investment portfolio. This property features two 2-bedroom, 1-bathroom apartments on the upper floors, and an ancillary space on the first floor. Envision the potential of this versatile home by bringing your architect to explore options such as converting it into a stunning single-family residence or maintaining it as rental apartments to generate passive income. Outside, the large backyard provides a wonderful space for relaxation and entertaining, while the garage and driveway parking offer convenience and ease of access. Situated just blocks away from the waterfront, this prime location is ideally suited for those who desire seamless connectivity, as it is close to both the ferry and subway transportation. Astoria is a vibrant and diverse neighborhood experiencing rapid growth, with several new condominiums and rental buildings being constructed in the area. Surrounded by great restaurants, this property offers a lifestyle that is both dynamic and fulfilling. Don't miss out on this rare opportunity to acquire a multifamily home in Astoria, and secure your place in one of New York's most sought-after neighborhoods. Schedule your private viewing today, and let 30-68 12th Street lead you to your new beginning. Building can be delivered vacant. Showings by appointment only, Thursday-Sunday.

Multi-Family Townhouse Monthly Taxes: $352 2902 Sq. Ft. Approx. 5 Bedrooms 3 Bathrooms 12 Rooms List Date 9.19.2023 FEATURES: Garden, Garage POLICIES: Pets Allowed Apple Christie-Wallace o: 646-677-9374 c: (347) 443-4798 achristiewallace@bhhsnyp.com (212) 710-1900 • bhhsnyp.com • 590 Madison Avenue, 5th Fl., New York, NY, 10022 © 2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.
SUBWAYS: 30 Av-Grand Av 0.63 MI N Q Broadway 0.66 MI N Q Astoria Blvd-Hoyt Av 0.78 MI N Q 36 Av-Washington Av 0.92 MI N Q Steinway St 1.06 MI M R 86th St 1.11 MI Q (212) 710-1900 • bhhsnyp.com • 590 Madison Avenue, 5th Fl., New York, NY, 10022 © 2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.
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