Large Location Icon

8622 Somerset St; Queens, NY Property Details

8622 Somerset St, Queens, NY is a Single Family that was built in 1930. This property is currently a cash purchase and is not for sale. Our records show that 8622 Somerset St has 4 bedrooms, and 6 bathrooms, and a total of 2,523 square feet. The lot size of 8622 Somerset St is 5,080 square feet.

Off market
8622 Somerset St Queens, NY 11432
$2,488,000 Listing Price
4 Beds
6 Baths
2,523 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1930
  • Purchase Price: $695,000
  • Est. Equity / %: $1,656,000 / 100%
  • Gross Yield: 5.25%
  • APN: 09952-0051
  • Situs County: Queens
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 6

Structure

  • Stories: 2.5

Measurements

  • Total: 2,523/SqFt
  • Lot: 5,080/SqFt
  • Gross: 2,523/SqFt
  • Living: 2,523/SqFt
  • Building: 2,523/SqFt
  • Ground: 560/SqFt
  • Price Per Square Foot: $275.47
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New York City Department Of Education
  • Lat / Lon: 40.71745 / -73.78062
  • Property Class: Residential
  • Zoning: R1-2
  • County Use Code: A1

Amenities

  • Plus Four: 2315
  • Garage: Garage

Ownership Info

8622 Somerset St has no associated ownership info
8622 Somerset St has no associated ownership info.

Taxes

8622 Somerset St has 10 associated Taxes items

8622 Somerset St, Queens, NY pays taxes in Queens County, NY. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $81,120. The APN we've located for 8622 Somerset St is 09952-0051.

Unlock the full report
Taxes
  • Assessed Value:  $81,120
  • Assessed Year:  2026
  • Assessed County:  Queens
  • APN:  09952-0051
  • Assessed Land Value:  21495
  • Market Land Value:  343000
  • Tax Amount:  16653.08
  • Tax Year:  2025
  • Market Value:  1352000
  • Market Year:  2026

Tax History

8622 Somerset St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $81,120 Land Value $21,495 Improvement Value $59,625 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $16,653.08 Change Rate +0.603889% Assessed CR Tax Rate
Year 2024 Assessed Value $51,695 Land Value $17,099 Improvement Value $34,596 Tax Amount $10,382.94 Change Rate +0.059997% Assessed CR Tax Rate +0.20085%
Year 2023 Assessed Value $48,769 Land Value $16,136 Improvement Value $32,633 Tax Amount $9,795.25 Change Rate -0.01103% Assessed CR Tax Rate +0.20085%
Year 2022 Assessed Value $55,620 Land Value $21,540 Improvement Value $34,080 Tax Amount $9,904.5 Change Rate -0.002407% Assessed CR Tax Rate +0.178074%
Year 2021 Assessed Value $53,040 Land Value $21,540 Improvement Value $31,500 Tax Amount $9,928.4 Change Rate Assessed CR Tax Rate +0.187187%
Year 2020 Assessed Value $54,000 Land Value $21,540 Improvement Value $32,460 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $59,460 Land Value $21,540 Improvement Value $37,920 Tax Amount $9,118.56 Change Rate +0.100659% Assessed CR Tax Rate +0.153356%
Year 2018 Assessed Value $40,641 Land Value $15,278 Improvement Value $25,363 Tax Amount $8,284.64 Change Rate Assessed CR Tax Rate +0.203849%
Year 2017 Assessed Value $40,641 Land Value $17,968 Improvement Value $22,673 Tax Amount $8,284.64 Change Rate +0.077685% Assessed CR Tax Rate +0.203849%
Year 2016 Assessed Value $40,641 Land Value $17,968 Improvement Value $22,673 Tax Amount $7,687.44 Change Rate Assessed CR Tax Rate +0.189155%
Year 2015 Assessed Value $38,053 Land Value $18,471 Improvement Value $19,582 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $35,900 Land Value $19,922 Improvement Value $15,978 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $4,404.48 Change Rate Assessed CR Tax Rate