NOT LISTED FOR SALE

56 Sommer Ave Staten Island, NY 10314

Bulls Head Neighborhood

Estimated Value: $1,063,328

-- Bed
6 Baths
2,862 Sq Ft
$372/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $870,000 $304 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,224/month

55 Days on Market

Highlights

  • 0.13 Acre Lot
  • Cooling Available
  • Hot Water Baseboard Heater
  • Is 72 Rocco Laurie Rated A-

About This Home

As of June 2021

Investors delight! Rare opportunity to own this renovated turn key property in Bulls Head. This 6 unit street to street property was gutted & renovated in 2011. Featuring new electric, plumbing, kitchens, baths & hardwood floors. The desirable & convenient area combined with security cameras, alarm system, 1 parking spot for each tenant & a beautiful cul de sac entrance makes these units attractive to potential tenants. Close to shopping, transportation, College of SI, Willowbrook Park, major bridges & highways. Don't wait.

Last Agent to Sell the Property

Nick Tortora

Prime Time Real Estate, Inc. License #30TO0871762 Listed on: 01/21/2021

Last Buyer's Agent

Nicholas Tortora

A. Glynn Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,935

Year Built

  • Built in 1974

Lot Details

  • 5,688 Sq Ft Lot
  • Lot Dimensions are 27x53

Parking

  • Carport

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,862 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 220 Volts
  • Master Gas Meter

Community Details

  • 6 Units
  • Gross Income $86,400

Listing and Financial Details

  • Legal Lot and Block 0028 / 02160
  • Assessor Parcel Number 02160-0028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,935

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: 6F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Lot Size: 27x53
  • Modification Timestamp: 2024-09-25
  • Directions: 1 block west of Richmond Ave. Street to street property, Victory Blvd address is 3153 or Arlene St to Sommer Ave.
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approx
  • Year Built: 1974
  • General Property Info:Public Remarks3: Investors delight! Rare opportunity to own this renovated turn key property in Bulls Head. This 6 unit street to street property was gutted & renovated in 2011. Featuring new electric, plumbing, kitchens, baths & hardwood floors. The desirable & convenient area combined with security cameras, alarm system, 1 parking spot for each tenant & a beautiful cul de sac entrance makes these units attractive to potential tenants. Close to shopping, transportation, College of SI, Willowbrook Park, major bridges & highways. Don't wait.
  • ContractLocation Information:List PriceSqFt2: 384.35
  • General Property Info:Tax Abated: No
  • General Property Info:Condition: Excellent
  • Income Expenses Gross Income: 86400.0
  • Annual Expenses: 20200.0
  • Income Expenses Net Income: 66200.0
  • General Property Info: Number of AC Units: 3.0
  • General Property Info:Year Built Info: Approx
  • General Property Info Bldg Dimensions: 27x53
  • Special Features: None
  • Stories: 2
  • Year Built: 1974

Interior Features

  • General Property Info:Stories2: 2.0
  • General Property Info:Basement Type: Partial
  • Appliances:Total Number Refrigerators: 2
  • Appliances:Total Number Ranges: 5
  • General Property Info Basement Desc: Finished

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Siding:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • Parking:Carport: Yes
  • Garage Location:None4: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 1.0
  • General Property Info:Air Conditioner: Units
  • Sewer:City3: Yes
  • Electric:_two_20: Yes
  • Heat Source:Gas2: Yes
  • Siding:Vinyl Siding: Yes
  • Heat System:Hot Water2: Yes
  • Gas Meters:Master2: Yes
  • Electric Meters:Master: Yes
  • General Property Info Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 5688.0
  • Lot Size Units: Square Feet
  • Parcel #: 02160-0028
  • Zoning: R-3X
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 5688.0
  • General Property Info:Lot Dim: 62x141

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 86400.0
  • Property Net Operating Income: 66200.0
  • Annual Operating Expense: 20200.0

Tax Info

  • Tax Annual Amount: 12935.0
  • Tax Block: 02160
  • Tax Lot: 0028
  • General Property Info:Taxes2: 12935.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Jun 2, 2021
Sold by
Ferrara Vincent and Victory Realty Partners Llc
Bought by
Gashi Valon and Dana Investors Llc
Seller's Agent
Nick Tortora
Prime Time Real Estate, Inc.
Buyer's Agent
Nick Tortora
Prime Time Real Estate, Inc.
List Price
$1,400,000
Sold Price
$870,000
Premium/Discount to List
-$530,000
-37.86%
Current Estimated Value
$1,063,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,328
Avg. Annual Appreciation
4.84%

Purchase Details

Closed on
Jun 9, 2011
Sold by
Taranto Dale and Taranto Paula
Bought by
Victory Realty Partners Llc

Purchase Details

Closed on
Mar 1, 2005
Sold by
Harbor View Maintenance Inc
Bought by
Taranto Dale and Taranto Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2003
Sold by
Mcerlean Frank
Bought by
Harborview Maintenance Inc

Purchase Details

Closed on
May 28, 2003
Sold by
Estate Of Robert Mcerlean
Bought by
Mcerlean Frank
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Gashi Valon $870,000 Jewett Abstract Corp
Victory Realty Partners Llc $100,000 The Security Title Guarantee
Taranto Dale $600,000 --
Harborview Maintenance Inc -- --
Mcerlean Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dana Investors Llc $650,000
Previous Owner Taranto Dale $100,000
Previous Owner Taranto Dale $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2021 06/02/21 Sold $870,000 -37.9% $304 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $1,400,000 -- $489 / Sq Ft
Source: Staten Island Multiple Listing Service

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
2025 $16,829 $165,150 $45,951 $119,199
2024 $16,829 $206,550 $34,019 $172,531
2023 $16,513 $134,609 $34,093 $100,516
2022 $15,959 $257,850 $52,200 $205,650
2021 $14,815 $206,280 $52,200 $154,080
2020 $13,948 $200,250 $52,200 $148,050
2019 $13,059 $166,860 $52,200 $114,660
2018 $13,170 $103,545 $38,871 $64,674
2017 $12,762 $100,335 $39,723 $60,612
2016 $11,977 $92,903 $42,428 $50,475
2015 $10,470 $86,022 $47,069 $38,953
2014 $10,470 $79,650 $52,200 $27,450
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nick Tortora

    Prime Time Real Estate, Inc.

    Section Image

  • N

    Buyer's Agent in 2021

    Nicholas Tortora

    A. Glynn Properties, Inc.

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1112208

Staten Island Multiple Listing Service

APN: 02160-0028

New York Richmond County Staten Island 10314 Bulls Head

56 Sommer Ave, Staten Island, NY

This home is located at 56 Sommer Ave, Staten Island, NY 10314 since 21 January 2021 and is currently estimated at $1,063,328, approximately $371 per square foot. This property was built in 1974. 56 Sommer Ave is a home located in Richmond County with nearby schools including P.S. 060 Alice Austen School, Is 72 Rocco Laurie, and Port Richmond High School.

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