NOT LISTED FOR SALE

Estimated Value: $806,000 - $980,000

5 Beds
3 Baths
2,137 Sq Ft
$431/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $865,000 $405 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,453/month

36 Days on Market

Highlights

  • Water Access
  • Property is near public transit
  • Granite Countertops
  • Nyack Senior High School Rated A
  • Wood Flooring
  • Walk-In Closet

About This Home

As of March 2024

This legal three-family house has it all! It's a five-minute walk into town, yet situated in the middle of a quiet block. Each spacious unit has a washer dryer and there is on-site parking for 5+ cars. The top unit is a lovely 2/3 bedroom, riverview apartment with hardwood floors and an abundance of natural light. A full walk-up attic offers limitless possibilities -- finish for additional living space or use for tons of extra storage. The street level apartment has 9' ceilings, living room, dining room, mud room, two nicely sized bedrooms and hardwood floors throughout. The comfortable one-bedroom garden apartment features full living room/dining room combination, spacious bedroom and two large storage rooms. This cash-flow positive property has everything Nyack tenants crave and represents a great investment opportunity.

Last Agent to Sell the Property

Samuel Adler

Rand Commercial Brokerage Phone: (914) 328-0333 License #10401338528 Listed on: 01/04/2024

Rand Commercial

Co-Listed By

Jeffrey Hozias

Rand Commercial Brokerage Phone: (914) 328-0333 License #10301222537

Last Buyer's Agent

Kathleen Finn

Christie's Int. Real Estate License #10401333856

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,077

Year Built

  • Built in 1895

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,137 Sq Ft Home
  • Wood Flooring
  • Granite Countertops
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • Private Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • Liberty Elementary School
  • Nyack Middle School
  • Nyack Senior High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Water Access
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 392403-066-037-0001-064-000-0000

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,077

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1895
  • Attribution Contact: (914) 328-0333
  • Co List Office Mls Id: ONERAND27
  • Co List Office Phone: 845-358-7310
  • Village: Nyack
  • Hamlet: Nyack
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Granite Counters, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished
  • Total Bedrooms: 5
  • Living Area: 2137
  • SquareFootage: 2137.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Vinyl Siding
  • Waterfront Features: Water Access

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Parking Lot, Off Street, Private

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Private
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Nyack Middle School

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7841
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 392403-066-037-0001-064-000-0000
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 19077
  • Tax Map Number: 392403-066-037-0001-064-000-0000

MLS Schools

  • Elementary School: Liberty Elementary School,Call Listing Agent,Upper Nyack School,Valley Cottage School
  • High School: Nyack Senior High School
  • Middle School District: Nyack

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Mar 21, 2024
Sold by
Tcb Realty Llc
Bought by
Chalas Franklin
Seller's Agent
Samuel Adler
Rand Commercial
Buyer's Agent
Kathleen Finn
Christie's Int. Real Estate
List Price
$815,000
Sold Price
$865,000
Premium/Discount to List
$50,000
6.13%
Views
213
Current Estimated Value
$920,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,950
Avg. Annual Appreciation
3.46%
Original Mortgage
$519,000
Outstanding Balance
$509,372
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$411,578

Purchase Details

Closed on
Apr 8, 1998
Sold by
Williams Mark J
Bought by
Fox Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
7.11%
Mortgage Type
Assumption
Source: Public Records
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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
Chalas Franklin $865,000 Resolution Title
Chalas Franklin $865,000 Resolution Title
Fox Michael $243,000 Title Usa Ins Corp Of Ny
Fox Michael $243,000 Title Usa Ins Corp Of Ny
Fox Michael $243,000 Title Usa Ins Corp Of Ny
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chalas Franklin $519,000
Closed Chalas Franklin $519,000
Previous Owner Fox Michael $206,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2024 03/21/24 Sold $865,000 +6.1% $405 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $815,000 -5.8% $381 / Sq Ft
01/10/2024 01/10/24 Off Market $865,000 -- --
01/04/2024 01/04/24 For Sale $815,000 +69.1% $381 / Sq Ft
08/06/2014 08/06/14 Sold $482,000 -2.6% $226 / Sq Ft View Prior Sale
07/01/2014 07/01/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $495,000 -- $232 / Sq Ft
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 $19,987 $208,500 $31,100 $177,400
2023 $19,987 $208,500 $31,100 $177,400
2022 $16,739 $208,500 $31,100 $177,400
2021 $16,696 $208,500 $31,100 $177,400
2020 $16,130 $208,500 $31,100 $177,400
2019 $5,109 $208,500 $31,100 $177,400
2018 $15,343 $208,500 $31,100 $177,400
2017 $15,094 $208,500 $31,100 $177,400
2016 $14,531 $208,500 $31,100 $177,400
2015 -- $208,500 $31,100 $177,400
2014 -- $208,500 $31,100 $177,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6281501

OneKey® MLS

APN: 392403-066-037-0001-064-000-0000