NOT LISTED FOR SALE

54 New York Ave Lakewood, NY 14750

-- Bed
-- Bath
11,520 Sq Ft
0.44 Acres

Last Sold May 10, 2022

Last sale price $710,000 $62 Per Sq Ft

16 Days on Market

Highlights

  • 4 Fireplaces
  • Sliding Doors
  • Community Storage Space
  • Ceramic Tile Flooring
  • Rectangular Lot
  • 3-minute walk to Village of Lakewood

About This Home

As of May 2022

Wrap this up with a bow! Start your new year out with a fully occupied 12 unit income property in the heart of Lakewood. Only a short walk to Chautauqua Lake, Lakewood beach and a public park, this complex has many updates which includes many hot water tanks, fully renovated bath, many new fixtures, flooring, paint, interior & exterior carpeting and many new appliances. Each unit comes with Stove, Dishwasher, Refrigerator, laundry hook-ups, 2 bedrooms, 1 bathroom, livingroom / diningroom combination, and breakfast bar. 4 units with wood burning fireplace. Blacktop driveway with parking for approximately 19 cars. 1200 AMP Electrical service w/ 12 100 AMP services. Tenants pay Electric & Water. Owner pays common electric, sewer & garbage. Delayed negotiations. All offers to be presented January 5th 2022.

Last Agent to Sell the Property

Mark DiVincenzo

Listing by Chautauqua4Sale.com License #10371200604 Listed on: 12/22/2021

Last Buyer's Agent

Laura Ferraro

Listing by EXP-Premier Listings Team License #40FE1043219

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,450

Year Built

  • Built in 1985

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 240x80
  • Rectangular Lot

Home Design

  • Slab Foundation
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 11,520 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces
  • Sliding Doors
  • Walk-Out Basement
  • Washer Hookup

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • No Garage
  • Driveway

Schools

  • Southwestern Elementary School
  • Southwestern Middle School
  • Southwestern Senior High School

Utilities

  • Radiant Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 062201-368-019-0003-016-000

Community Details

Building Details

  • Operating Expense $30,027
  • Gross Income $104,700

Additional Features

  • 12 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,450

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Property Type: Multi Family
  • Rent Includes: Other, See Remarks
  • Year Built: 1985
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Directions: New York Avenue between E. Summit & E. Terrace
  • Flooring: Carpet, Ceramic Tile, Laminate, Varies, Vinyl
  • Garage Yn: No
  • Interior Features: Sliding Glass Door(s)
  • Year Built Details: Existing
  • Property Sub Type Additional: Commercial
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Basement: Walk-Out Access
  • Door Features: Sliding Doors
  • Fireplaces: 4
  • Stories: 2

Exterior Features

  • Acres: 0.4408
  • Waterfront: No
  • Construction Type: Block, Concrete, Vinyl Siding, Wood Siding
  • Exterior Features: Blacktop Driveway
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Three or more Spaces, No Garage

Utilities

  • Heating: Electric, Radiant
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Storage Facilities
  • Senior Community: No

Schools

  • Junior High Dist: Southwestern
  • Ninth Grade High School: Southwestern Senior High
  • Middle Or Junior School: Southwestern Middle

Lot Info

  • Parcel Number: 062201-368-019-0003-016-000
  • Lot Dimensions: 240X80
  • Lot Size Sq Ft: 19200.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 104700.0
  • Annual Operating Expense: 30027.0
  • Number Of Separate Electric Meters: 13

Tax Info

  • Tax Annual Amount: 15450.0
  • Tax Lot: 16

MLS Schools

  • Elementary School: Southwestern Elementary

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $710,000 +9.2% $62 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
12/22/2021 12/22/21 For Sale $650,000 -- $56 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mark DiVincenzo

    Chautauqua4Sale.com

    1 in this area

    52 Total Sales

    Mark DiVincenzo
    Section Image
  • Laura Ferraro

    Buyer's Agent in 2022

    Laura Ferraro

    EXP-Premier Listings Team

    (716) 338-8622

    18 in this area

    232 Total Sales

    Laura Ferraro
    Section Image
See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1382622

Chautauqua-Cattaraugus Board of REALTORS®
New York Chautauqua County Lakewood 14750

54 New York Ave, Lakewood, NY

This home is located at 54 New York Ave, Lakewood, NY 14750 since 22 December 2021. This property was built in 1985. 54 New York Ave is a home located in Chautauqua County with nearby schools including Southwestern Elementary School, Southwestern Middle School, and Southwestern Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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