NOT LISTED FOR SALE
9 Beds
-- Bath
3,377 Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: September 5, 2014

Last sale price $1,647,000 $488 Per Sq Ft

15 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Washer and Dryer
  • Nelson S. Dilworth Elementary School Rated A-
  • Balcony

About This Home

As of September 2014

Rare opportunity,4 plex income property in Lynbrook High, new paint, new window, one unit 3 bedrooms 2 bath with laundry inside & large front yard for entertaining is perfect for owner occupy, the other 3 units are 2 bedrooms 1 bath, long term tenants, rent below market price. Please don't miss the opportunity.Buyer to cooperate seller 1031 exchange.

Last Agent to Sell the Property

Rachel Pong

Coldwell Banker Realty License #01387310 Listed on: 07/15/2014

Coldwell Banker Realty

Last Buyer's Agent

Lakshmi Sathyanarayana

Maxreal License #01472095

Maxreal
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 5,663

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 3,377 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Parking

  • Carport
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $82,440
  • The owner pays for electric, garbage, services - gardener/landscaping, gas, hot water, water

Community Details

Overview

  • 3,377 Sq Ft Building

Building Details

  • Insurance Expense $2,579
  • Other Expense $356
  • Utility Expense $2,079
  • Trash Expense $904
  • Operating Expense $25,599
  • Gross Income $83,040

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Zoning: C1
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 487.71
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3377
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3377
  • Stories: 2
  • Laundry: Washer/Dryer - Some Units, Washer/Dryer - Owned Coin-Op
  • Flooring: Tile, Laminate, Carpet - Wall To Wall, Hardwood, Vinyl / Linoleum, Carpet, Varies By Unit

Exterior Features

  • Roof: Shingle
  • View: Local/Neighborhood
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Off-Street Parking, Carport, Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • High School: 259

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6027.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6027.00
  • Lot Size Area Min Search: 6027.00
  • Maximum Lot Size: 6027.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 19.26

Multi Family

  • Expense Insurance: 2579
  • Expenses Other: 356
  • Expenses Total: 25599
  • Expenses Utility: 2079
  • Expense Trash: 904
  • Expense Water Sewer: 2202
  • Income Annual Gross: 83040.00
  • Income Annual Rental: 82440
  • Income Gross Scheduled: 83040
  • Income Includes: Laundry, Lease
  • Income Laundry: 600
  • Maximum Building Height: 2
  • Meters: Separate Electric, Master Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Gas, Utilities - Hot Water, Utilities - Water, Insurance, Fee - Property Tax, Miscellaneous/Other
  • Owner Pays: Electric, Garbage, Services - Gardener/Landscaping, Gas, Hot Water, Water
  • Tenant Expenses: Utilities - Heating, Cable Tv, Utilities - Electric

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Outstanding Balance
$1,611,780
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2018
Sold by
Bought by

Purchase Details

Closed on
Nov 28, 2016
Sold by
Bought by

Purchase Details

Closed on
Feb 29, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,072,154
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 26, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,072,154
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 5, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,078,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2014
Closed on
Sep 3, 2014
Sold by
Bought by
Seller's Agent
Rachel Pong
Coldwell Banker Realty
Buyer's Agent
Lakshmi Sathyanarayana
Maxreal
List Price
$1,599,000
Sold Price
$1,647,000
Premium/Discount to List
$48,000
3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,550
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,950
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.13%
Mortgage Type
Credit Line Revolving
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$2,500,000 Chicago Title
-- None Available
-- Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
$1,647,000 Cornerstone Title Company
$1,238,000 Fidelity National Title
-- Fidelity National Title Co
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 $1,625,000
Previous Owner $989,000
Previous Owner $1,002,000
Previous Owner $1,072,154
Previous Owner $1,078,000
Previous Owner $1,078,900
Previous Owner $1,070,550
Previous Owner $792,000
Previous Owner $801,950
Previous Owner $225,000
Previous Owner $525,000
Previous Owner $200,000
Previous Owner $100,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
09/05/2014 09/05/14 Sold $1,647,000 +3.0% $488 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $1,599,000 -- $473 / Sq Ft
Source: MLSListings

Tax 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.

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
2026 $25,509 $2,500,000 $1,655,000 $845,000
2025 $24,772 $1,979,436 $1,378,516 $600,920
2024 $24,772 $1,940,625 $1,351,487 $589,138
2023 $24,487 $1,902,575 $1,324,988 $577,587
2022 $24,301 $1,865,270 $1,299,008 $566,262
2021 $23,988 $1,828,697 $1,273,538 $555,159
2020 $23,676 $1,809,947 $1,260,480 $549,467
2019 $23,223 $1,774,459 $1,235,765 $538,694
2018 $22,585 $1,739,667 $1,211,535 $528,132
2017 $22,491 $1,705,557 $1,187,780 $517,777
2016 $21,812 $1,672,116 $1,164,491 $507,625
2015 $21,659 $1,647,000 $1,147,000 $500,000
2014 $13,872 $1,018,000 $715,400 $302,600
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81425439

MLSListings

APN: 372-24-015

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