NOT LISTED FOR SALE

1471 Straight Path Wyandanch, NY 11798

Estimated Value: $2,719,507

18 Beds
8 Baths
-- Sq Ft
0.32 Acres

Last Sold February 14, 2020

Last sale price $1,570,000

Est. 73% increase in value since last sale

Current estimated payment $16,700/month

71 Days on Market

About This Home

As of February 2020

8 Unit Apartment Complex Building Consisting of 2 (3) Bedroom Apartments and 6 (2) Bedroom Apartments, Includes 10 Parking Spaces, All New Heating Gas Systems, New Kitchens & Baths, Most of Units are Section 8 or Department of Social Services.

Last Agent to Sell the Property

Gus Lafkas

Douglas Elliman Real Estate License #10301201664 Listed on: 09/26/2019

Douglas Elliman Real Estate

Last Buyer's Agent

Gus Lafkas

Douglas Elliman Real Estate License #10301201664 Listed on: 09/26/2019

Douglas Elliman Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $25,600

Year Built

  • Built in 1950

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 77x182

Additional Features

  • 2-Story Property
  • Cooling Available

Community Details

  • 8 Units

Listing and Financial Details

  • Legal Lot and Block 5 / 3
  • Assessor Parcel Number S0100-055-00-03-00-005-000

Property Details

Home Type

Apartment

Est. Annual Taxes

$25,600

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property SubType: Apartment
  • Apod Attached: No
  • Building Permit: No
  • Bylaws Attached: No
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Quarters: No
  • Stories: 2

Exterior Features

  • Flood Zone Report: No
  • Waterfront: No

Utilities

  • Cooling: Yes

Fee Information

  • Additional Fee: No
  • Operating Expense: 37280.00
  • Other Expense: 2400.00

Schools

  • School District Number: 9

Lot Info

  • Elevation Certificate: No
  • Extra Land Available: No
  • Lot Size Acres: 0.3200
  • Lot Size Area: 0.3200
  • Lot Dimensions: 77x182
  • Lot Size Sq Ft: 14014.00
  • Parcel Number: S0100-055-00-03-00-005-000

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2020-02-14
  • Tax Annual Amount: 25600.00
  • Tax Block: 3
  • Tax Lot: 5

Multi Family

  • Units Total: 8

MLS Schools

  • Middle School District: Wyandanch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Feb 14, 2020
Sold by
Patsalos Realty Corp
Bought by
Andre Hatchett Ret
Seller's Agent
Gus Lafkas
Douglas Elliman Real Estate
Buyer's Agent
Gus Lafkas
Douglas Elliman Real Estate
List Price
$1,599,000
Sold Price
$1,570,000
Premium/Discount to List
-$29,000
-1.81%
Current Estimated Value
$2,719,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,149,507
Avg. Annual Appreciation
10.14%

Purchase Details

Closed on
Apr 14, 2011
Sold by
Community Housing Innovations Inc
Bought by
Patsalos Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
4.76%
Mortgage Type
Commercial
Source: Public Records

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
Andre Hatchett Ret $1,570,000 None Available
Patsalos Realty Corp $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patsalos Realty Corp $371,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2020 02/14/20 Sold $1,570,000 -1.8% --
12/06/2019 12/06/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $1,599,000 -- --
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 $27,884 $7,000 $1,600 $5,400
2023 $27,884 $7,000 $1,600 $5,400
2022 $25,187 $7,000 $1,600 $5,400
2021 $25,187 $7,000 $1,600 $5,400
2020 $26,331 $7,000 $1,600 $5,400
2019 $26,331 $0 $0 $0
2018 $25,909 $7,000 $1,600 $5,400
2017 $25,909 $7,000 $1,600 $5,400
2016 $25,441 $7,000 $1,600 $5,400
2015 -- $7,000 $1,600 $5,400
2014 -- $7,000 $1,600 $5,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3167888

OneKey® MLS

APN: 0100-055-00-03-00-005-000