NOT LISTED FOR SALE

1450 E Main St Shrub Oak, NY 10588

Estimated Value: $463,000 - $1,372,000

Studio
3 Baths
-- Sq Ft
33,977 Sq Ft Lot

Last Sold December 13, 2023

Last sale price $418,000

Est. 69% increase in value since last sale

Current estimated payment $4,404/month

62 Days on Market

Highlights

  • Colonial Architecture
  • Lakeland-Copper Beech Middle School Rated A-
  • Park

About This Home

As of December 2023

Calling all Builders! Set on close to a 1-acre parcel of land, this property presents a canvas of endless possibilities. Whether you're an experienced builder looking for your next project or an investor seeking to diversify your portfolio with a build and hold investment opportunity, this 3-family build with fully developed plans could be the project you were looking for! Ideally positioned off Route 6 and the Taconic Parkway, you couldn't ask for a better location. Each of the three units were meticulously designed to offer spacious living with 3 bedrooms and 2 full bathrooms, with projected rents of 4K - 4.5K per month, or upwards of 160K+ in annual revenue. With a foreseeable booming real estate market and an ever-growing demand for well-located multi-family homes, the potential for long-term returns is promising!

Last Agent to Sell the Property

Michael Clemente

DeSimone Real Estate Brokerage Phone: 516-534-2200 License #10401286945 Listed on: 09/15/2023

Last Buyer's Agent

Michael Clemente

DeSimone Real Estate Brokerage Phone: 516-534-2200 License #10401286945 Listed on: 09/15/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,991

Year Built

  • Built in 1880

Lot Details

  • 33,977 Sq Ft Lot
  • No Common Walls

Parking

  • Private Parking

Home Design

  • Colonial Architecture
  • Frame Construction

Schools

  • Benjamin Franklin Elementary School
  • Lakeland-Copper Beech Middle Sch
  • Lakeland High School

Utilities

  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 6 / 2
  • Assessor Parcel Number 5400-016-009-00002-000-0006

Community Details

Overview

  • 2 Units

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,991

Year Built

Built in 1880

Lot Details

0.78 Acres

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1880
  • New Construction: No
  • Attribution Contact: 516-534-2200
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Basement: See Remarks
  • NumberOfKitchens: 0

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Other

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Other, See Remarks
  • Sewer: Other
  • Water Source: See Remarks
  • Hot Water: See Remarks

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Lakeland-Copper Beech Middle Sch

Lot Info

  • Lot Size Acres: 0.78
  • Lot Dimensions: 0.78
  • Lot Size Sq Ft: 33977
  • Lot Size Units: Acres
  • Parcel Number: 5400-016-009-00002-000-0006
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 6990.68
  • Tax Block: 2
  • Tax Lot: 6
  • Tax Map Number: 5400-016-009-00002-000-0006

MLS Schools

  • Elementary School: Benjamin Franklin Elementary School
  • High School: Lakeland High School
  • Middle School District: Lakeland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2025
Sold by
1450 Main Street Llc
Bought by
Haxhari Kristjan and Haxhari Refael
Current Estimated Value
$706,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2023
Closed on
Dec 13, 2023
Sold by
Falcone Sandra M
Bought by
1450 Main Street Llc
Seller's Agent
Michael Clemente
DeSimone Real Estate
Buyer's Agent
Michael Clemente
DeSimone Real Estate
List Price
$449,000
Sold Price
$418,000
Premium/Discount to List
-$31,000
-6.9%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.77%

Purchase Details

Closed on
Dec 19, 2022
Sold by
Avgush Doron
Bought by
Falcone Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.33%
Mortgage Type
Seller Take Back
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
Haxhari Kristjan -- Stewart Title Insurance Compan
1450 Main Street Llc $418,000 First American Title Insurance
Falcone Sandra M $330,000 Judicial Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haxhari Kristjan $550,000
Previous Owner Falcone Sandra M $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2023 12/13/23 Sold $418,000 -6.9% --
11/17/2023 11/17/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $449,000 -- --
Source: OneKey® MLS

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 $7,540 $4,300 $2,200 $2,100
2023 $7,082 $4,300 $2,200 $2,100
2022 $6,836 $4,300 $2,200 $2,100
2021 $6,632 $4,300 $2,200 $2,100
2020 $12,968 $4,300 $2,200 $2,100
2019 $13,039 $8,600 $2,200 $6,400
2018 $12,805 $8,600 $2,200 $6,400
2017 $8,809 $8,600 $2,200 $6,400
2016 $15,941 $8,600 $2,200 $6,400
2015 -- $8,600 $2,200 $6,400
2014 -- $8,600 $2,200 $6,400
2013 -- $8,600 $2,200 $6,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3504527

OneKey® MLS

APN: 5400-016-009-00002-000-0006

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