NOT LISTED FOR SALE

269 Neptune Blvd Long Beach, NY 11561

Estimated Value: $1,307,000 - $1,900,732

6 Beds
4 Baths
1,704 Sq Ft
$941/Sq Ft Est. Value

Last Sold January 13, 2024

Last sale price $1,650,000 $968 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $9,138/month

93 Days on Market

Highlights

  • Beach Access
  • New Construction
  • Property is near public transit
  • Lido Elementary School Rated A
  • Colonial Architecture
  • 4 Car Attached Garage

About This Home

As of January 2024

New Construction Two-Family Home on a Large 5,500 Square Foot Corner Lot. Your Dream Home Can be Custom Built in the Heart of Long Beach on a Beachside Property Close to the Beach, Boardwalk, Shopping and LIRR. Enjoy a Vacation Lifestyle Year Round While Generating a Substantial Rental Income. Taxes are estimated and to be determined.

Last Agent to Sell the Property

Michael Egbert

Keystone Realty USA Corp Brokerage Phone: 631-261-2800 License #40EG1124698 Listed on: 11/29/2022

Keystone Realty USA Corp

Last Buyer's Agent

Loretta Gomez

Point Realty License #37GO1046191

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,000

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 5,500 Sq Ft Lot
  • Lot Dimensions are 55x100
  • No Common Walls

Parking

  • 4 Car Attached Garage

Home Design

  • Colonial Architecture
  • Advanced Framing

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Long Beach Middle School
  • Long Beach High School

Utilities

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

Additional Features

  • Beach Access
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 1000-59-171-00-0140-0

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,000

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 2022
  • New Construction: Yes
  • Attribution Contact: 631-261-2800
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: None
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Advanced Framing Technique
  • Waterfront Features: Beach Access
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Private, Attached, 4+ Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: None
  • Hot Water: On Demand

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Long Beach Middle School

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 55x100
  • Lot Size Sq Ft: 5500
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 1000-59-171-00-0140-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2022-11-30

Rental Info

  • Lease Considered: No
  • Available Date: 2023-05-15

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 20000
  • Tax Map Number: 1000-59-171-00-0140-0

MLS Schools

  • High School: Long Beach High School
  • Middle School District: Long Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Nov 28, 2023
Sold by
Sun America Development Inc
Bought by
Auerbach Ira J and Auerbach Tamar T
Seller's Agent
Michael Egbert
Keystone Realty USA Corp
Buyer's Agent
Loretta Gomez
Point Realty
List Price
$1,650,000
Sold Price
$1,650,000
Views
196
Current Estimated Value
$1,603,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,134
Avg. Annual Appreciation
-1.64%
Original Mortgage
$1,230,000
Outstanding Balance
$1,210,692
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$393,174

Purchase Details

Closed on
Jun 16, 2009
Sold by
Sum America Development Inc
Bought by
Riverside Beach Llc

Purchase Details

Closed on
Aug 29, 2008
Sold by
Zucker Deborah
Bought by
Sun America Development I

Purchase Details

Closed on
Jan 17, 1997
Sold by
Rabinowitz Howard L and Rabinowitz Randy
Bought by
Zucker Deborah E
Source: Public Records

Range of Values:

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Average Value
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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
Auerbach Ira J $1,650,000 Westcor Land Title Ins Co
Auerbach Ira J $1,650,000 Westcor Land Title Ins Co
Auerbach Ira J $1,650,000 Westcor Land Title Ins Co
Riverside Beach Llc -- --
Riverside Beach Llc -- --
Sun America Development I $425,000 --
Sun America Development I $425,000 --
Zucker Deborah E $258,000 --
Zucker Deborah E $258,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Auerbach Ira J $1,230,000
Closed Auerbach Ira J $1,230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2024 01/13/24 Sold $1,650,000 0.0% $968 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
11/29/2022 11/29/22 For Sale $1,650,000 -- $968 / Sq Ft
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
2025 $7,228 $1,252 $355 $897
2024 $599 $323 $323 $0
2023 $9,626 $655 $323 $332
2022 $9,626 $655 $323 $332
2021 $19,049 $627 $309 $318
2020 $14,466 $1,091 $887 $204
2019 $10,241 $1,091 $887 $204
2018 $9,697 $1,091 $0 $0
2017 $7,260 $1,091 $887 $204
2016 $1,347 $1,091 $887 $204
2015 $1,339 $1,091 $887 $204
2014 $1,339 $1,091 $887 $204
2013 $1,280 $1,091 $887 $204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3445609

OneKey® MLS

APN: 1000-59-171-00-0140-0