NOT LISTED FOR SALE

Estimated Value: $649,000 - $1,097,000

4 Beds
2.5 Baths
1,899 Sq Ft
$421/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $656,500 $346 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,607/month

34 Days on Market

Highlights

  • Water Views
  • Colonial Architecture
  • Hot Water Heating System
  • Nyack Senior High School Rated A
  • Porch
  • 5-minute walk to Frankin Street Park

About This Home

As of June 2023

This a rare opportunity to own and live in a legal two-family Nyack Colonial home that is set up perfectly for an owner to occupy and generate supplemental income from a third-floor apartment. House Hacking at its best! The primary unit includes two levels... the entire main level and 2nd floor...offering an owner all the great benefits, features, and pride of living in a vintage home while earning rental income. This 1885 Colonial home offers period details, high ceilings, spacious living room, a formal dining room, open kitchen, great built-ins, laundry, foyer, enclosed front porch, three bedrooms, and one and a half baths. The third floor can either be part of the home if used as a single-family...or as a great rental apartment. This home has a unique full-size enclosed staircase that offers the apartment a private entrance to the 3rd floor from the outside. The 3rd floor has Hudson river and bridge views and is a two-room studio unit with original wide plank wood floors, an eat-in kitchen, a large living area, storage, full bath and private entrance...and is on its own electric meter. The fireplace in the living room needs a new liner to function as a working fireplace. Mature gardens with a variety of over 50 perennials. This home is in a wonderful location on a one-way street and close to everything. Easy walk down to the park, nature path, and town with all the great restaurants, cafes, and shops. Great flexibility....live and enjoy the entire home....or live in the best parts of this home and collect around $1700 per month from the 3rd-floor rental...or purchase as a straight investment and generate around $5000 per month in rental income. You have options!

Last Agent to Sell the Property

Steve Dolinsky

Wright Bros Real Estate Inc. Brokerage Phone: (845) 304-3161 License #30DO0839752 Listed on: 02/08/2023

Wright Bros Real Estate Inc.

Last Buyer's Agent

Richard Ellis

Ellis Sotheby's Intl Realty License #49EL1057037

Ellis Sotheby's Intl Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,210

Year Built

  • Built in 1885

Lot Details

  • 4,792 Sq Ft Lot
  • No Common Walls

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 1,899 Sq Ft Home
  • Water Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Schools

  • Liberty Elementary School
  • Nyack Middle School
  • Nyack Senior High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 392403-066-037-0001-046-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,210

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1885
  • Attribution Contact: (845) 304-3161
  • Village: Nyack
  • Hamlet: Nyack
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Unfinished
  • Total Bedrooms: 4
  • Living Area: 1899
  • SquareFootage: 1899.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame
  • View: Water
  • Patio and Porch Features: Porch
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Other
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Nyack Middle School

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4792
  • Lot Size Units: Acres
  • Parcel Number: 392403-066-037-0001-046-000-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1
  • NumberOf1Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 14210
  • Tax Map Number: 392403-066-037-0001-046-000-0000
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Liberty Elementary School
  • High School: Nyack Senior High School
  • Middle School District: Nyack

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Jun 15, 2023
Sold by
Blanco Jorge and Blanco Patricia R
Bought by
Irvine Robert S and Irvine Caroline Ellis
Seller's Agent
Steve Dolinsky
Wright Bros Real Estate Inc.
Buyer's Agent
Richard Ellis
Ellis Sotheby's Intl Realty
List Price
$650,000
Sold Price
$656,500
Premium/Discount to List
$6,500
1%
Views
271
Current Estimated Value
$800,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,870
Avg. Annual Appreciation
9.52%
Original Mortgage
$431,500
Outstanding Balance
$391,379
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$408,991

Purchase Details

Closed on
Jul 6, 2009
Sold by
Bettelheim Judith and Mcdaniel Vicki
Bought by
Blanco Jorge and Blanco Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2000
Sold by
Bettelheim Mildred Constantine
Bought by
Bettelheim Mildred Constantine
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
Irvine Robert S $656,500 Jad
Blanco Jorge $430,000 None Available
Bettelheim Mildred Constantine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irvine Robert S $431,500
Previous Owner Blanco Jorge $100,000
Previous Owner Blanco Jorge $258,413
Previous Owner Blanco Jorge $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $656,500 0.0% $346 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/02/2023 03/02/23 Off Market $656,500 -- --
02/10/2023 02/10/23 For Sale $650,000 -1.0% $342 / Sq Ft
02/08/2023 02/08/23 Off Market $656,500 -- --
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
2023 $14,947 $157,200 $22,900 $134,300
2022 $12,621 $157,200 $22,900 $134,300
2021 $12,588 $157,200 $22,900 $134,300
2020 $10,851 $157,200 $22,900 $134,300
2019 $3,783 $157,200 $22,900 $134,300
2018 $10,180 $157,200 $22,900 $134,300
2017 $9,971 $157,200 $22,900 $134,300
2016 $9,570 $157,200 $22,900 $134,300
2015 -- $157,200 $22,900 $134,300
2014 -- $157,200 $22,900 $134,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6231593

OneKey® MLS

APN: 392403-066-037-0001-046-000-0000