NOT LISTED FOR SALE

53 River Ave Patchogue, NY 11772

Estimated Value: $559,000 - $834,000

3 Beds
2 Baths
1,300 Sq Ft
$531/Sq Ft Est. Value

About This Home

Excellent investment opportunity at 53 River Ave in Patchogue, NY! This well-maintained 2-family Cape is in great condition and comes fully occupied with paying tenants, offering immediate cash flow from day one.
The first-floor unit features 2 bedrooms and 1 full bath, currently rented for $2,100/month. The second-floor unit offers 1 bedroom and 1 full bath, bringing in $1,496/month. The property also includes a full basement, providing additional storage or potential for future use. Whether you’re looking to expand your portfolio or secure a turnkey income-producing property, this is an opportunity you don’t want to miss!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2018
Sold by
Vtg Realty & Const
Bought by
53 River Ave Llc
Current Estimated Value
$690,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$193,801
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
$496,866

Purchase Details

Closed on
Dec 15, 2016
Sold by
Gebbia Vincent
Bought by
Vtg Realty & Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,200
Interest Rate
3.94%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 11, 1999
Sold by
Ganci Peter J and Killoran Michael J
Bought by
Gebbia Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
53 River Ave Llc $300,000 --
Vtg Realty & Construction Llc -- None Available
Vtg Realty & Construction Llc -- None Available
Gebbia Vincent $95,000 Fidelity National Title Ins
Gebbia Vincent $95,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open 53 River Ave Llc $225,000
Previous Owner Vtg Realty & Construction Llc $174,200
Previous Owner Gebbia Vincent $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2026 04/19/26 Price Changed $649,000 +18.2% $499 / Sq Ft
04/08/2026 04/08/26 For Sale $549,000 0.0% $422 / Sq Ft
03/27/2026 03/27/26 Off Market $549,000 -- --
03/26/2026 03/26/26 For Sale $549,000 -- $422 / Sq Ft

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 $12,131 $2,150 $450 $1,700
2024 $12,131 $2,150 $450 $1,700
2023 $8,596 $2,150 $450 $1,700
2022 $7,680 $2,150 $450 $1,700
2021 $7,680 $2,150 $450 $1,700
2020 $11,275 $2,150 $450 $1,700
2019 $7,897 $0 $0 $0
2018 $6,239 $2,150 $450 $1,700
2017 $6,239 $2,150 $450 $1,700
2016 $6,083 $2,150 $450 $1,700
2015 -- $2,150 $450 $1,700
2014 -- $2,150 $450 $1,700
Source: Public Records

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