NOT LISTED FOR SALE

40 Locust Ave Unit Flat 2 Rye, NY 10580

Estimated Value: $1,419,583 - $3,443,000

3 Beds
3.5 Baths
2,486 Sq Ft
0.32 Acres

Highlights

  • Property is near public transit
  • Cathedral Ceiling
  • 1 Fireplace
  • Rye Middle School Rated A+
  • Wood Flooring
  • Balcony

About This Home

As of May 2022

Welcome to this second floor penthouse-like retreat in the heart of vibrant downtown Rye. A luxurious open-concept single level condo with walls of windows drenching the rooms with natural light. A entry foyer w/elevator access leads into the gourmet kitchen and great room w/gas fireplace, wet bar and French doors to private terrace ideal for entertaining. The kitchen is equipped with high-end appliances, quartzite counters and large island. The primary bedroom boasts a spa-like ensuite bath w/a soaking tub, dual vanity and radiant heated floors. Highlights include designer finishes, 9'7' ceilings, oak floors, 3 terraces, and a private 2-car heated garage. Locust Rye is a brand new luxury enclave of eight flats located one block from restaurants, boutiques and the train station. This recently constructed flat is the only available rental. The property has been professionally and beautifully landscaped including the open green area. Flat will be available for rent June 1st.

Last Agent to Rent the Property

Katherine Irwin

Houlihan Lawrence Inc. License #10401278369 Listed on: 03/07/2022

Houlihan Lawrence Inc.

Co-Listed By

Mary Kmetz

Houlihan Lawrence Inc. License #10301212786

Last Renter's Agent

May Burke

Compass Greater NY, LLC License #10401240128

Compass Greater NY, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,232

Year Built

  • Built in 2022

Lot Details

  • 0.32

Parking

  • 2 Car Attached Garage
  • Heated Garage

Home Design

  • Stone Siding

Interior Spaces

  • 2,486 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Wood Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Osborn Elementary School
  • Rye Middle School
  • Rye High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hydro-Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 1400-146-007-00002-000-0007-4

Community Details

Overview

  • Association fees include ground maintenance, exterior maintenance, snow removal
  • Locust Rye Community
  • Locust Rye Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$17,232

Year Built

Built in 2022

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months, Over 12 Months
  • Legal Rental: Yes
  • Pets Allowed: Call
  • Security Deposit: 1 Month

Listing Details

  • Property Type: Residential Lease
  • Architectural Style: Condo, See Remarks
  • Property SubType: Condominium
  • Levels: One
  • Subdivision Name: Locust Rye
  • Development Name: Locust Rye
  • Year Built: 2022
  • Attribution Contact: 914-967-7680
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Wine Cooler
  • Interior Amenities: Private Laundry, Cathedral Ceiling(s), Eat-in Kitchen, Elevator, Entrance Foyer, Master Bath, Powder Room, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: None
  • Inclusions: Cook Top, Dishwasher, Dryer, Garage Door Opener, Generator, Microwave, Refrigerator, Washer, Wine Cooler
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 2486.00
  • Square Footage: 2486.00

Exterior Features

  • Construction Materials: Shingle Siding, Stone
  • Exterior Features: Balcony

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached, Heated Garage

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hydro Air
  • Hot Water: Gas Stand Alone
  • Security: Security System
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Exterior Maintenance, Snow Removal
  • Senior Community: No

Schools

  • Elementary School: Osborn School
  • Middle School: Rye Middle School
  • High School: Rye High School
  • Middle School: Rye Middle School

Lot Info

  • Lot Features: Near Public Transit
  • Parcel Number: 1400-146-007-00002-000-0007-4

Tax Info

  • Close Date: 2022-05-31

MLS Schools

  • Elementary School: Osborn School
  • High School: Rye High School
  • Middle School District: Rye

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2023
Sold by
Locust Lot 4 Llc
Bought by
Rye Flat 2 Associates Llc
Current Estimated Value
$2,321,407
Source: Public Records

Range of Values:

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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
Rye Flat 2 Associates Llc -- Stewart Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Rented $24,500 0.0% --
05/09/2022 05/09/22 Price Changed $24,500 -16.9% $10 / Sq Ft
03/07/2022 03/07/22 For Rent $29,500 -- --
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 $17,232 $18,600 $6,300 $12,300
2023 $21,101 $18,600 $6,300 $12,300
2022 $7,400 $18,600 $6,300 $12,300
2021 $1,805 $8,150 $6,300 $1,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6168990

OneKey® MLS