NOT LISTED FOR SALE

Estimated Value: $990,000 - $1,149,000

5 Beds
5 Baths
2,803 Sq Ft
$385/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $975,000 $348 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,536/month

157 Days on Market

About This Home

As of March 2020

This legal 3 family currently used as a 2 family home was completely rebuilt in 2016 (never been lived in!) and is on an enormous 80 x 100 meticulously landscaped lot. The house has a total of 5 bedrooms, 4 1⁄2 bathrooms and parking for 6+ cars.

Enter the home to a foyer with coat closet and powder room. Down the hall to a huge living room / dining room and eat-in kitchen with glass sliding doors to the outdoor deck. There is also a guest bedroom with an en-suite bathroom and a full laundry room on the 1st floor. Up the stairs to the 2nd floor is the Master bedroom with master bathroom and walk-in closet. Two additional bedrooms both have large closets and door to a outdoor terrace. There is a separate side entrance up the stairs to a 3rd floor apartment with a bedroom, living room, eat-in kitchen & full bathroom. Also with a separate side entrance is a full finished basement with recreation room, storage and mechanicals.

This home is on an 80 x 100 lot that is surrounded by PVC fencing in the back/sides and beautiful rod iron gates in the front including an electric driveway gate where you can park more than six cars. Beautifully landscaped with Giant Greens outlining the entire backyard & side yard and Blue Spruce, Kwanzan Cherry & Magnolia in the front yard. Updated mechanicals system and mini-split A/C units are just some of the other features.

Seagate is one of NYC's only private gated beachfront communities with the most beautiful private beach in NYC. Other neighborhood amenities include newly built playground designed by Disney in Lindy Park & neighborhood treescape program. The nearest subway stops, which offers D, F, Q and N trains, is a mile and a half away, though the B36 and B74 buses will take commuters there from the neighborhood's gates. There is also an X28 express bus to Midtown Manhattan from Neptune Avenue. Taxes are $9153 and Seagate Assn dues are $5688.

Last Agent to Sell the Property

Kurt Vikki

Compass License #10401239518 Listed on: 06/05/2019

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 8,000

Additional Features

  • 3-Story Property
  • Heating System Uses Steam

Listing and Financial Details

  • Legal Lot and Block 53 / 6976

Community Details

Overview

  • 3 Units
  • Seagate Subdivision

Amenities

  • Community Garden
  • Building Terrace

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

8,000 Acres

Listing Details

  • Cross Street: Seagate Ave to Highland Ave
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: SEAGATE
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Exterior Features

  • Exterior Features: Building Garden
  • Patio/Porch Features: Building Terrace

Garage/Parking

  • Garage: No

Utilities

  • Heating: Building Steam

Building Info

  • Units: 3
  • Total Stories: 3
  • Year Built: 1901

Tax Info

  • Tax Block: 6976
  • Tax Lot: 53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Mar 20, 2020
Sold by
Mahmudov Zafar
Bought by
Jy 88 Realty Inc
Seller's Agent
Kurt Vikki
Compass
List Price
$1,498,000
Sold Price
$975,000
Premium/Discount to List
-$523,000
-34.91%
Current Estimated Value
$1,078,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,701
Avg. Annual Appreciation
1.70%
Original Mortgage
$585,000
Outstanding Balance
$514,851
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$563,850

Purchase Details

Closed on
Mar 11, 2015
Sold by
Yusopov Edward and Yusupov Edward
Bought by
Mahmudov Zafar

Purchase Details

Closed on
Nov 7, 2014
Sold by
Goldstein Larry and Goldstein Sheila
Bought by
Yusupov Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2000
Sold by
Goldstein Larry
Bought by
Goldstein Larry and Goldstein Sheila
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
Jy 88 Realty Inc $975,000 --
Jy 88 Realty Inc $975,000 --
Jy 88 Realty Inc $975,000 --
Mahmudov Zafar $600,000 --
Mahmudov Zafar $600,000 --
Mahmudov Zafar $600,000 --
Yusupov Edward $560,000 --
Yusupov Edward $560,000 --
Goldstein Larry -- Fidelity National Title Ins
Goldstein Larry -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jy 88 Realty Inc $585,000
Closed Jy 88 Realty Inc $585,000
Previous Owner Yusupov Edward $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $975,000 -34.9% $348 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $1,498,000 -- $534 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $11,070 $81,900 $22,560 $59,340
2024 $11,070 $64,680 $22,560 $42,120
2023 $10,443 $56,880 $22,560 $34,320
2022 $9,293 $60,720 $22,560 $38,160
2021 $9,682 $50,400 $22,560 $27,840
2020 $7,345 $51,000 $22,560 $28,440
2019 $9,610 $48,000 $22,560 $25,440
2018 $8,920 $43,757 $16,979 $26,778
2017 $8,500 $41,698 $14,749 $26,949
2016 $6,517 $32,602 $9,807 $22,795
2015 $3,931 $32,595 $14,713 $17,882
2014 $3,931 $32,322 $14,590 $17,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10603521

Real Estate Board of New York (REBNY)

APN: 06976-0053

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