NOT LISTED FOR SALE

640 Brandt Ave Peekskill, NY 10566

Estimated Value: $530,418 - $636,000

4 Beds
2 Baths
2,470 Sq Ft
$241/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $550,000 $223 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,008/month

16 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Park
  • Property is near public transit
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of May 2023

Multi-family house with two side by side duplex apartments! Each unit has two large bedrooms and one full bathroom along with its own washer & dryer, separate furnace, electrical panel and gas meter. The two apartments have large rooms and the entire home was completely rebuilt in 1987. Unit B, on the left side was renovated approximately two years ago. Unit A (on the right side) is in comparable condition to Unit B. Excellent tenants are in place making this a value add, cash flow positive property. This turn key investment virtually operates itself. Live in one unit and rent out the other without a neighbor above or below you! This home is conveniently located close to all including, public transportation, restaurants, shops and the beautiful Peekskill waterfront park and marina!

Last Agent to Sell the Property

Eric Bernstein

Compass Greater NY, LLC Brokerage Phone: (914) 391-1526 License #40BE0944186 Listed on: 02/28/2023

Compass Greater NY, LLC

Last Buyer's Agent

Natalia Camacho

Coldwell Banker Realty License #10401334508

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,199

Year Built

  • Built in 1900 | Remodeled in 1987

Lot Details

  • 4,461 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Home Design

  • 2,470 Sq Ft Home
  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Location

  • Property is near public transit

Schools

  • Peekskill Middle School
  • Peekskill High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1200-023-070-00004-000-0002

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,199

Year Built

Built in 1900 | Remodeled in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1900
  • Year Built Effective: 1987
  • Attribution Contact: (914) 391-1526
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 1987

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Total Bedrooms: 4
  • Living Area: 2470
  • Owner Pays: Insurance
  • SquareFootage: 2470.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: None, Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Peekskill Middle School

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4461
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 1200-023-070-00004-000-0002
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 13199
  • Tax Map Number: 1200-023-070-00004-000-0002
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Peekskill High School
  • Middle School District: Peekskill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
May 12, 2023
Sold by
Oppenheimer John R
Bought by
Flores Milton and Criollo Monica C
Seller's Agent
Eric Bernstein
Compass Greater NY, LLC
Buyer's Agent
Natalia Camacho
Coldwell Banker Realty
List Price
$545,000
Sold Price
$550,000
Premium/Discount to List
$5,000
0.92%
Views
175
Current Estimated Value
$583,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,627
Avg. Annual Appreciation
1.67%
Original Mortgage
$412,500
Outstanding Balance
$402,998
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$167,909

Purchase Details

Listed on
Jul 18, 2012
Closed on
Jun 24, 2013
Sold by
Decosa Charles
Bought by
Oppenheimer John R and Oppenheimer Rebecca J
Seller's Agent
Thomas Santore
Coldwell Banker Realty
Buyer's Agent
Eric Bernstein
Compass Greater NY, LLC
List Price
$340,000
Sold Price
$265,000
Premium/Discount to List
-$75,000
-22.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$198,750
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2007
Sold by
Fiorito Bruce A
Bought by
Decosa Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,600
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 22, 2007
Sold by
Lemae Realty Corp
Bought by
Lemae Of Elmsford Llc

Purchase Details

Closed on
Apr 29, 2005
Sold by
Mahometano Gloria J
Bought by
Mahometano Gloria and Gloria Mahometano Trust

Purchase Details

Closed on
Nov 13, 1998
Sold by
N V Floresta Inc
Bought by
109 Fairview Drive Associates Llc
Source: Public Records

Range of Values:

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Average Value
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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
Flores Milton $550,000 Stewart Title
Oppenheimer John R $265,000 All New York Title Agency
Decosa Charles $402,900 None Available
Lemae Of Elmsford Llc -- Custom Title Services Inc
Mahometano Gloria -- --
109 Fairview Drive Associates Llc $5,600,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Milton $412,500
Previous Owner Oppenheimer John R $255,000
Previous Owner Oppenheimer John R $198,750
Previous Owner Decosa Charles $362,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $550,000 +0.9% $223 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $545,000 +105.7% $221 / Sq Ft
06/24/2013 06/24/13 Sold $265,000 -22.1% $107 / Sq Ft
12/27/2012 12/27/12 Pending -- -- --
07/18/2012 07/18/12 For Sale $340,000 -- $138 / Sq Ft
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 $9,937 $11,000 $800 $10,200
2023 $13,757 $11,000 $800 $10,200
2022 $13,199 $11,000 $800 $10,200
2021 $12,923 $11,000 $800 $10,200
2020 $12,675 $11,000 $800 $10,200
2019 $12,233 $11,000 $800 $10,200
2018 $2,210 $11,000 $800 $10,200
2017 $0 $11,000 $800 $10,200
2016 $11,826 $11,000 $800 $10,200
2015 -- $11,000 $800 $10,200
2014 -- $11,000 $800 $10,200
2013 -- $11,000 $800 $10,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6234888

OneKey® MLS

APN: 1200-023-070-00004-000-0002