$1,100,000

Estimated payment $8,281/month

Total Views 436
8 Beds
4 Baths
3,070 Sq Ft
$358 Price per Sq Ft

Highlights

  • Popular Property
  • 0.37 Acre Lot
  • Wood Flooring
  • Beach Front
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

RARE INVESTMENT OPPORTUNITY- 4-FAMILY HOME WITH SPECTACULAR WATER VIEWS on the Long Island Sound. PRIME opportunity on City Island with this unique property, featuring a main house and three bungalows situated directly on the picturesque Long Island Sound. Perfect for a primary residence or a weekend getaway, this property also offers significant rental income potential. Rent out the additional units to help offset your mortgage, or lease all four for a steady cash flow. City Island is a one-of-a-kind community with close proximity to Manhattan, and this property is unique. While the bungalows are in need of renovation, this presents a real opportunity for investors. Whether you're considering it as a personal retreat or a lucrative investment, seize the possibility to reimagine this unique property and unlock its full potential!

Listing Agent

Laura Clemente

Compass Greater NY, LLC Brokerage Phone: 914-738-5150 License #40CL1174761 Listed on: 12/05/2025

Compass Greater NY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,150

Year Built

  • Built in 1900

Lot Details

  • 0.37 Acre Lot
  • Beach Front

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Formal Dining Room
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 4 Full Bathrooms

Schools

  • Ps 175 City Island Elementary School
  • Contact Agent High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 6 / 5647
  • Assessor Parcel Number 05647-0006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,150

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Quadruplex
  • Year Built: 1900
  • Attribution Contact: 914-738-5150
  • Carport Y N: No
  • CurrentPrice: 1100000.00
  • MlsMajorChangeType: New Listing
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 2994827.1168
  • CurrentPrice_By_BuildingAreaTotal: 358.30619
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Cathedral Ceiling(s), Ceiling Fan(s), Formal Dining
  • Flooring: Hardwood
  • Full Bathrooms: 4
  • Basement: Full
  • Total Bedrooms: 8
  • Fireplace: No
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront Features: Beach Access, Beach Front
  • Pool Private: No
  • Spa: No
  • View: Water
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 3
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Driveway, Garage

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.3673
  • Lot Size Sq Ft: 16000
  • Parcel Number: 05647-0006
  • Property Attached: No
  • Additional Parcels: No

Multi Family

  • Units Total: 4

Tax Info

  • Tax Annual Amount: 30149.76
  • Tax Block: 5647
  • Tax Lot: 6
  • Tax Year: 2025

MLS Schools

  • Elementary School: Ps 175 City Island
  • High School: Contact Agent
  • Middle School District: Contact Agent

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $28,304 $241,198 $121,751 $119,447
2024 $28,304 $226,394 $102,524 $123,870
2023 $25,716 $209,637 $78,738 $130,899
2022 $23,753 $339,750 $142,650 $197,100
2021 $0 $317,700 $142,650 $175,050
2020 $23,142 $347,400 $142,650 $204,750
2019 $21,964 $296,460 $142,650 $153,810
2018 $20,511 $161,259 $93,113 $68,146
2017 $18,994 $149,337 $98,012 $51,325
2016 $18,402 $142,741 $110,363 $32,378
2015 -- $142,721 $132,288 $10,433
2014 -- $133,961 $130,663 $3,298
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2025 12/05/25 For Sale $1,100,000 -- $358 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $1,200,000 --
Deed $1,200,000 --
Deed -- --
Deed -- --
Deed -- --
Interfamily Deed Transfer -- Commonwealth Land Title Ins
Interfamily Deed Transfer -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $780,000 Purchase Money Mortgage
Closed $780,000 Purchase Money Mortgage
Source: Public Records

Source: OneKey® MLS

MLS Number: 939702

OneKey® MLS

APN: 05647-0006