NOT LISTED FOR SALE

305 Roosevelt Blvd Long Beach, NY 11561

Long Beach Area

Estimated Value: $1,136,419 - $1,395,000

7 Beds
4 Baths
3,900 Sq Ft
$325/Sq Ft Est. Value

Sale Details

Date Sold: December 31, 2024

Last sale price $1,200,000 $308 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,670 / mo

65 Days on Market

Highlights

  • Built in 2013 | Newly Remodeled
  • Deck
  • Cathedral Ceiling
  • Lido Elementary School Rated A
  • Property is near public transit, schools, and shops
  • Wood Flooring

About This Home

As of December 2024

Welcome to your dream investment opportunity! This FEMA compliant, legal two-family home, is a rare find in the heart of Long Beach. Built in 2013 and perfectly positioned just steps from the pristine beaches and the bustling boardwalk, this home delivers both luxury living and incredible income potential. The first-floor residence features elegant interiors with hardwood and tile floors throughout. The spacious eat-in kitchen boasts granite countertops and stainless steel appliances. Comfort is ensured with three generously sized bedrooms, two full bathrooms and a cozy gas fireplace. Additional amenities include a private washer and dryer, a fenced-in yard and a storage shed. Parking is a breeze with a private driveway and the unit has its own central air and gas heat as well as its own thermostat. The upstairs duplex offers an expansive living area with soaring cathedral ceilings and a vast open-concept living room and dining room. The eat-in-kitchen includes granite countertops and stainless steel appliances. The main floor has three spacious bedrooms and two full bathrooms, while the second floor features an exceptionally large fourth bedroom. Enjoy the warmth of the gas fireplace in the living area, outdoor living on the private deck off of the master bedroom as well as the large fenced-in side yard & backyard with patio. This unit also includes its own private washer and dryer, a one car garage and a private driveway. Like the lower unit, this too has its own central air conditioning and gas heating, each unit with individual controls. With separate meters for each unit, tenants pay their own utilities, making this an amazing income-producing property. Taxes have never been grieved. Flood insurance is $1,580 and is transferrable. Current rents, while very attractive, are significantly lower than market value, creating an opportunity for further increase in cash flow. Located on the east side of town, this home is close to the beach, boardwalk, restaurants, and shops. Properties Like this don't come on the market often. Whether you're looking for a lucrative investment or a beautiful home by the beach, this property offers the best of both worlds. Act now to secure this moneymaker in a prime Long Beach location!, Additional information: Appearance:Diamond,Interior Features:Lr/Dr,Separate Hotwater Heater:Yes

Last Agent to Sell the Property

David Kasner

Coldwell Banker American Homes Brokerage Phone: 516-665-2000 License #10301219437 Listed on: 06/25/2024

Coldwell Banker American Homes

Last Buyer's Agent

Kathleen Walsh

C21 Verdeschi & Walsh Realty License #10491209346

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,000

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Private Entrance
  • Fenced
  • Corner Lot

Home Design

  • Duplex
  • 3-Story Property
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 3,900 Sq Ft Home
  • Cathedral Ceiling
  • 2 Fireplaces
  • Window Screens
  • Entrance Foyer
  • Wood Flooring
  • Unfinished Basement
  • Crawl Space
  • Smart Thermostat

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Parking

  • 4 Car Attached Garage
  • Subterranean Parking
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Private Mailbox

Location

  • Property is near public transit, schools, and shops

Schools

  • Long Beach Middle School
  • Long Beach High School

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Legal Lot and Block 142 / 185
  • Assessor Parcel Number 1000-59-185-00-0142-0

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 2013 | Newly Remodeled

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Property Condition: New Construction
  • Levels: Bi-Level, Three Or More
  • Year Built: 2013
  • Attribution Contact: 516-665-2000
  • CurrentPrice: 1200000.00
  • MlsMajorChangeType: Sold
  • CurrentPrice_By_LivingArea: 307.69231
  • ListPrice_By_LivingArea: 307.69205
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, Master Downstairs, Pantry, First Floor Bedroom, Primary Bathroom, Smart Thermostat
  • Fireplaces: 2
  • Flooring: Hardwood
  • Full Bathrooms: 4
  • Basement: Crawl Space, Unfinished
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Living Area: 3900
  • Window Features: Screens
  • Basement YN: No

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • Fencing: Fenced
  • Pool Private: No
  • Spa: No
  • Exterior Features: Mailbox, Private Entrance
  • Patio and Porch Features: Deck, Patio

Garage/Parking

  • Total Parking Spaces: 4
  • Garage: Yes
  • Parking Description: Attached, Driveway, Garage, Private, Storage, Underground

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Hot Water
  • Utilities: Cable Available, Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Long Beach Middle School

Lot Info

  • Lot Dimensions: 60 X 100
  • Lot Size Sq Ft: 6000
  • Lot Features: Corner Lot, Near Public Transit, Near School, Near Shops
  • Parcel Number: 1000-59-185-00-0142-0
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • Insurance Expense: 3790

Tax Info

  • Tax Annual Amount: 20000
  • Tax Block: 185
  • Tax Lot: 142

MLS Schools

  • High School: Long Beach High School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Dec 6, 2024
Sold by
Bought by
Seller's Agent
David Kasner
Coldwell Banker American Homes
Buyer's Agent
Kathleen Walsh
C21 Verdeschi & Walsh Realty
List Price
$1,199,999
Sold Price
$1,200,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$1,265,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,710
Avg. Annual Appreciation
3.55%
Original Mortgage
$899,999
Interest Rate
0.0679%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2013
Closed on
Mar 21, 2014
Sold by
Bought by
Seller's Agent
David Kasner
Coldwell Banker American Homes
Buyer's Agent
David Kasner
Coldwell Banker American Homes
List Price
$899,999
Sold Price
$855,000
Premium/Discount to List
-$44,999
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%

Purchase Details

Closed on
Apr 15, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
0.0476%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,199,999 Fidelity National Ttl Ins Co
-- --
$300,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $899,999
Previous Owner $800,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2024 12/31/24 Sold $1,200,000 0.0% $308 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $1,199,999 +40.4% $308 / Sq Ft
03/21/2014 03/21/14 Sold $855,000 -5.0% $428 / Sq Ft View Prior Sale
01/24/2014 01/24/14 Pending -- -- --
07/10/2013 07/10/13 For Sale $899,999 -- $450 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,532 $652 $269 $383
2025 $9,532 $662 $273 $389
2024 $1,188 $690 $285 $405
2023 $8,645 $693 $286 $407
2022 $8,645 $690 $285 $405
2021 $23,701 $702 $260 $442
2020 $15,068 $933 $629 $304
2019 $8,758 $1,076 $544 $532
2018 $9,564 $1,212 $0 $0
2017 $7,719 $1,160 $817 $343
2016 $1,432 $1,160 $817 $343
2015 $1,003 $817 $817 $0
2014 $1,003 $817 $817 $0
2013 $1,065 $908 $908 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3561463

OneKey® MLS

APN: 1000-59-185-00-0142-0

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