NOT LISTED FOR SALE

396 Main St Beacon, NY 12508

Estimated Value: $1,132,257

4 Beds
2.5 Baths
4,894 Sq Ft
$231/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $905,000 $185 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,036/month

67 Days on Market

Highlights

  • Property is near public transit
  • Park
  • Level Lot
  • Beacon High School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Beacon Main Street commercial building offering over 4,800 SF which includes commercial space on the 1st level/full basement & 2 residential units on the 2nd level. The commercial space is currently being used as a gallery showroom & features over 1,600 SF on the first floor and has a rental income of $3,600 per month. Features include 12'+ ceilings, original moldings & tin ceiling tiles, new laminate flooring, & exposed original brick walls & a 1,600 SF lower level which offers storage space. There is also an entrance in the back of the building which features a laundry area for all the tenants & a utility area. Previous uses for the commercial space were a hardware store & restaurant for many years. The 2nd level features the residential apartments. The front apartment is approx. 700 SF, the lease was just renewed until 5/2023 w/ a monthly rental income of $1,550 and the back apt is approx. 900 SF w/ a lease until 5/2023 and a monthly rental income of $1,750. Both units feature 1 full bath, HDWD flooring & separate furnaces. Improvements include a new rubber roof, new HVAC system, new sump pump, some new electrical, & new hot water heater.

Last Agent to Sell the Property

TINA TOWNSEND

BHHS Hudson Valley Properties License #10301201997 Listed on: 05/01/2022

BHHS Hudson Valley Properties

Last Buyer's Agent

Michele Rios

BHHS Hudson Valley Properties License #10301200217

BHHS Hudson Valley Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,631

Year Built

  • Built in 1940 | Remodeled in 2013

Lot Details

  • 2,614 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • Public Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 4,894 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Schools

  • J V Forrestal Elementary School
  • Rombout Middle School
  • Beacon High School

Utilities

  • Forced Air Heating and Cooling System
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number 130200-6054-29-034792-0000

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,631

Year Built

Built in 1940 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1940
  • Year Built Effective: 2013
  • Attribution Contact: 845-896-9000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2013

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 4894.00
  • Square Footage: 4894.00

Exterior Features

  • Construction Materials: Brick, Frame

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None, Public Parking

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Hot Water: Electric Stand Alone
  • Heating Zones: 3
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: J V Forrestal Elementary School
  • Middle School: Rombout Middle School
  • High School: Beacon High School
  • Middle School: Rombout Middle School

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Area: 0.0600
  • Lot Size Sq Ft: 2614.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 130200-6054-29-034792-0000
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Tax Info

  • Close Date: 2022-08-30
  • Included in Taxes: Trash
  • Tax Annual Amount: 16631.00
  • Tax Map Number: 130200-6054-29-034792-0000

Multi Family

  • Units Total: 3
  • Two Bedrooms: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: J V Forrestal Elementary School
  • High School: Beacon High School
  • Middle School District: Beacon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2022
Closed on
Aug 30, 2022
Sold by
Un Locked Llc
Bought by
396 Holdings Group Llc
Seller's Agent
TINA TOWNSEND
BHHS Hudson Valley Properties
Buyer's Agent
Michele Rios
BHHS Hudson Valley Properties
List Price
$939,000
Sold Price
$905,000
Premium/Discount to List
-$34,000
-3.62%
Views
2
Current Estimated Value
$1,132,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,257
Avg. Annual Appreciation
7.67%

Purchase Details

Closed on
Oct 28, 2013
Sold by
Nichols Bruce
Bought by
Un-Locked Llc

Purchase Details

Closed on
May 4, 2001
Sold by
Albra Fatime D
Bought by
Nichols R Bruce

Purchase Details

Closed on
Jun 10, 1997
Sold by
Albra Ahmet
Bought by
Albra Fatime D
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
396 Holdings Group Llc $905,000 None Available
Un-Locked Llc $382,000 Dominick Penzetta
Nichols R Bruce $185,000 Brian E Carlin
Albra Fatime D $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 396 Hld Group Llc $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $905,000 -3.6% $185 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
05/01/2022 05/01/22 For Sale $939,000 0.0% $192 / Sq Ft
12/01/2020 12/01/20 Rented $1,700 0.0% --
11/01/2020 11/01/20 Under Contract -- -- --
10/22/2020 10/22/20 For Rent $1,700 -- --
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
2024 $22,975 $900,000 $200,000 $700,000
2023 $22,975 $800,000 $18,500 $781,500
2022 $17,201 $550,000 $18,500 $531,500
2021 $16,632 $475,000 $18,500 $456,500
2020 $17,711 $475,000 $18,500 $456,500
2019 $17,569 $475,000 $18,500 $456,500
2018 $16,181 $426,800 $18,500 $408,300
2017 $16,020 $426,800 $18,500 $408,300
2016 $16,459 $426,800 $18,500 $408,300
2015 -- $426,800 $18,500 $408,300
2014 -- $426,800 $18,500 $408,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6182448

OneKey® MLS

APN: 130200-6054-29-034792-0000