NOT LISTED FOR SALE

Estimated Value: $866,406 - $1,298,000

5 Beds
3 Baths
2,227 Sq Ft
$462/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $975,000 $438 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,969/month

76 Days on Market

About This Home

As of August 2018

Legal two family that is currently used as a one family which was beautifully renovated with five bedrooms and 3 1⁄2 bathrooms on three floors. This charming fully detached home is on a 40 x 100 lot on a quiet block in Seagate with parking for at least two cars in the rear driveway.

Enter the 1st floor to a beautiful entry gallery with floor to ceiling bookshelves and porcelain ceramic flooring. Continue to the living room with a wood burning fireplace and spacious dining room which is perfect for entertaining. The kitchen has custom shaker cabinetry & 'super white' granite countertops with glass backsplash on both sides. Kitchen also includes a kitchen pantry, two sinks, dishwasher, over the range hood, wall oven and separate dinette area with glass sliding doors to a beautiful outdoor deck made with composite Trex decking. Also in the rear of the house is a Den with a 1⁄2 bathroom, washer/dryer closet and 3 additional closets including a cedar wood closet.

The second floor has 3 bedrooms and 2 full bathrooms. The master bedroom has two walk-in closets and a master bathroom with a separate Jacuzzi tub and shower. The 2nd bedroom also has a walk-in closet with glass sliding door to an outdoor terrace in the rear of the house. The 3rd bedroom has a full-sized closet. There is also a fully tiled bathroom and a linen closet on this floor. Steps up to the 3rd floor is two additional bedrooms with a full bathroom.

The exterior was completely renovated with new roof from plywood to shingles and stucco exterior. Other features include: CCTV, Alarm & Intercom systems throughout the house and three (3) split unit A/C's in the kitchen, living/dining room & master bedroom.

Seagate is one of NYC's only private gated beachfront communities. Just completed beach enhancement project allows Seagate to have the most beautiful private beach in NYC. Other neighborhood amenities include newly built playground designed by Disney in Lindy Park. The nearest subway stop, 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's also an X28 express bus to Midtown Manhattan from Neptune Avenue. Seagate Assn dues are $3794.

Last Agent to Sell the Property

Kurt Vikki

Compass License #10401239518 Listed on: 04/25/2018

Compass

Co-Listed By

Scott Klein

Compass License #30KL0922734

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,000

Interior Spaces

  • 2,227 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Community Details

  • 2 Units
  • Seagate Subdivision

Listing and Financial Details

  • Tax Block 6957

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: Sea Gate & Highland Avenues
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: SEAGATE
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 2227.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Utilities

  • Heating: Building Natural Gas

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1925

Tax Info

  • Tax Block: 6957

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2018
Closed on
Aug 14, 2018
Sold by
Gruenbaum Bella and Horowitz Yisroel
Bought by
Lowenfeld Julia A and Wayner Alexander
Seller's Agent
Kurt Vikki
Compass
List Price
$1,050,000
Sold Price
$975,000
Premium/Discount to List
-$75,000
-7.14%
Current Estimated Value
$1,028,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,352
Avg. Annual Appreciation
0.72%
Original Mortgage
$780,000
Outstanding Balance
$677,398
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$350,954

Purchase Details

Closed on
Feb 4, 2014
Sold by
Kloc Ester
Bought by
Gruenbaum Bella R and Horowitz Yisroel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,600
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2009
Sold by
Kloc Arthur L
Bought by
Kloc Ester
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lowenfeld Julia A $975,000 --
Gruenbaum Bella R $499,500 --
Kloc Ester -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowenfeld Julia A $780,000
Previous Owner Gruenbaum Bella R $399,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $975,000 -- --
08/15/2018 08/15/18 Sold $975,000 -7.1% $438 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $1,050,000 -- $471 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $7,168 $52,260 $14,460 $37,800
2024 $7,168 $57,000 $14,460 $42,540
2023 $7,247 $69,960 $14,460 $55,500
2022 $6,992 $58,680 $14,460 $44,220
2021 $6,954 $59,400 $14,460 $44,940
2020 $3,298 $41,760 $14,460 $27,300
2019 $6,221 $41,760 $14,460 $27,300
2018 $6,062 $29,738 $11,541 $18,197
2017 $5,950 $29,186 $10,561 $18,625
2016 $5,505 $27,536 $8,475 $19,061
2015 $3,321 $26,268 $12,138 $14,130
2014 $3,321 $24,782 $11,451 $13,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10468069

Real Estate Board of New York (REBNY)

APN: 06957-0054