NOT LISTED FOR SALE

257 Main St Beacon, NY 12508

Estimated Value: $3,452,343

Studio
-- Bath
700 Sq Ft
$4,932/Sq Ft Est. Value

Last Sold October 28, 2024

Last sale price $3,000,000 $4,286 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $22,902/month

157 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Zoned Heating and Cooling System
  • Baseboard Heating
  • Beacon High School Rated A

About This Home

As of October 2024

This grand 12-unit brick building located on Main Street in downtown Beacon offers a prime investment opportunity with its mix of residential and commercial units. With 6 apartments, 6 storefronts, and a leased-out 2-car garage, this property provides multiple income streams. The location on Main Street in the heart of bustling downtown Beacon ensures high visibility and foot traffic, making it an attractive location for both residential and commercial tenants. Each unit being on its own utilities is a significant advantage, allowing for efficient management and maximizing returns on investment. The corner lot aspect of the property provides additional benefits, including plenty of off-street parking and frontage on two roads, enhancing accessibility and convenience for tenants and customers alike Property Zoned CMS Potentially the possibility of a sub-division or additional building. Additional Information: ParkingFeatures:2 Car Detached, Appliances: Electric Water Heater

Last Agent to Sell the Property

Larry Curasi

Curasi Realty, Inc. Brokerage Phone: (845) 457-9174 License #10311206618 Listed on: 02/13/2024

Curasi Realty, Inc.

Last Buyer's Agent

Dimple Jobanputra

Hauseit LLC License #10401394059

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $71,794

Lot Details

  • 10,019

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Community Details

  • 13 Units

Listing and Financial Details

  • Assessor Parcel Number 130200-5954-27-865897-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$71,794

Lot Details

10,019 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Multi Family
  • Property SubType: Multi Family
  • Attribution Contact: (845) 457-9174
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Basement: None
  • SquareFootage: 0.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Detached, Off Street

Utilities

  • Cooling: Zoned
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Electric, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • NumberOfHeatingZones: 12

Lot Info

  • Parcel Number: 130200-5954-27-865897-0000

Multi Family

  • Units Total: 13

Tax Info

  • Tax Annual Amount: 71794
  • Tax Map Number: 130200-5954-27-865897-0000

MLS Schools

  • Middle School District: Beacon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Oct 28, 2024
Sold by
26 East Main Street Llc
Bought by
255 257 Main Street Llc
Seller's Agent
Larry Curasi
Curasi Realty, Inc.
Buyer's Agent
Dimple Jobanputra
Hauseit LLC
List Price
$3,399,000
Sold Price
$3,000,000
Premium/Discount to List
-$399,000
-11.74%
Current Estimated Value
$3,452,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,343
Avg. Annual Appreciation
10.88%
Original Mortgage
$2,205,000
Outstanding Balance
$2,173,719
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$1,278,624

Purchase Details

Closed on
Jul 15, 2020
Sold by
Marin Equities Inc
Bought by
26 East Main Street Llc

Purchase Details

Closed on
Oct 25, 2004
Sold by
Preshrock Corp
Bought by
Marin Equities Inc

Purchase Details

Closed on
Jun 19, 2002
Sold by
Tivoli Commons Llc
Bought by
Preshrock Corp

Purchase Details

Closed on
Dec 21, 2000
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
255 257 Main Street Llc $2,940,000 None Available
26 East Main Street Llc $2,050,000 None Available
Marin Equities Inc $1,200,000 --
Preshrock Corp $462,500 Larry Kalkstein
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 255 257 Main Street Llc $2,205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2024 10/28/24 Sold $3,000,000 -10.4% $4,286 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
05/08/2024 05/08/24 Price Changed $3,349,000 -1.5% $4,784 / Sq Ft
02/13/2024 02/13/24 For Sale $3,399,000 -- $4,856 / 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 $61,615 $2,000,000 $155,000 $1,845,000
2023 $71,797 $2,500,000 $155,000 $2,345,000
2022 $49,919 $1,500,000 $155,000 $1,345,000
2021 $52,524 $1,500,000 $155,000 $1,345,000
2020 $32,252 $865,000 $155,000 $710,000
2019 $31,995 $865,000 $155,000 $710,000
2018 $30,330 $800,000 $155,000 $645,000
2017 $23,666 $630,500 $155,000 $475,500
2016 $24,315 $630,500 $155,000 $475,500
2015 -- $630,500 $46,000 $584,500
2014 -- $630,500 $46,000 $584,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6288941

OneKey® MLS

APN: 130200-5954-27-865897-0000

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