NOT LISTED FOR SALE

Estimated Value: $763,316 - $1,446,000

6 Beds
2.5 Baths
2,444 Sq Ft
$413/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $744,450 $305 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,340/month

29 Days on Market

Highlights

  • 0.14 Acre Lot
  • 4-minute walk to Bay Terrace
  • 2-Story Property
  • P.S. 53 The Barbara Esselborn School Rated A
  • Property is near public transit
  • 2 Car Attached Garage

About This Home

As of May 2024

Don't miss this fantastic investment opportunity with a residential incline ranch in Staten Island! Offered "As Is," this multi-unit property boasts a total of 6 bedrooms and 2 and a half bathrooms, making it a versatile and income-generating gem. The occupancy status varies, granting you the flexibility to tailor it to your needs. With an interior square footage of 2,444 and a spacious lot area of 6,098.4 sqft, the possibilities are endless. Take charge of the property's condition and capitalize on its potential. This is your chance to make a wise real estate investment, so act quickly before it's gone!

Last Agent to Sell the Property

Robert Thornton

Cross Country Realty Brokerage Phone: 631-203-2322 License #10311210104 Listed on: 10/12/2023

Cross Country Realty

Last Buyer's Agent

Adebayo Adegoke

Cross Country Realty License #10401323936

Cross Country Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,529

Year Built

  • Built in 1960

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Attached Garage

Home Design

  • 2,444 Sq Ft Home
  • 2-Story Property
  • Brick Exterior Construction
  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms

Location

  • Property is near public transit

Schools

  • Naples Street Elementary School
  • Is 34 Tottenville Middle School
  • Staten Island Tech High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Finished Basement

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,529

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Exp Ranch
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1960
  • New Construction: No
  • Attribution Contact: 631-203-2322
  • Village: Staten Island
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished
  • Total Bedrooms: 6
  • Living Area: 2444
  • SquareFootage: 2444.00
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame, Brick, Shingle Siding
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Attached, 2 Car Attached

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: On Demand
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 34 Tottenville

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 6098
  • Lot Size Sq Ft: 6098
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 8529

MLS Schools

  • Elementary School: Naples Street Elementary School
  • High School: Staten Island Tech High School
  • Middle School District: Richmond 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
May 13, 2024
Sold by
Gavagan Joseph
Bought by
Bay 55 Llc
Seller's Agent
Robert Thornton
Cross Country Realty
Buyer's Agent
Adebayo Adegoke
Cross Country Realty
List Price
$825,000
Sold Price
$744,450
Premium/Discount to List
-$80,550
-9.76%
Views
53
Current Estimated Value
$1,010,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,879
Avg. Annual Appreciation
16.44%

Purchase Details

Closed on
Dec 15, 2004
Sold by
Aiello Anthony J and Aiello Nancy
Bought by
Gavagan Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.73%
Mortgage Type
Fannie Mae Freddie Mac
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
Bay 55 Llc $744,450 Equity Settlement Services
Gavagan Joseph $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gavagan Joseph $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $744,450 -9.8% $305 / Sq Ft
04/17/2024 04/17/24 For Sale $825,000 +10.8% $338 / Sq Ft
01/31/2024 01/31/24 Off Market $744,450 -- --
01/23/2024 01/23/24 For Sale $825,000 +10.8% $338 / Sq Ft
10/28/2023 10/28/23 Off Market $744,450 -- --
10/12/2023 10/12/23 For Sale $825,000 -- $338 / 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
2025 $8,983 $69,960 $10,571 $59,389
2024 $8,983 $63,360 $11,011 $52,349
2023 $8,474 $42,192 $11,148 $31,044
2022 $8,423 $48,000 $15,600 $32,400
2021 $8,813 $45,600 $15,600 $30,000
2020 $8,362 $47,040 $15,600 $31,440
2019 $7,796 $46,560 $15,600 $30,960
2018 $7,167 $35,160 $15,600 $19,560
2017 $7,727 $37,905 $14,910 $22,995
2016 $7,149 $35,760 $15,600 $20,160
2015 $6,609 $34,680 $13,320 $21,360
2014 $6,609 $34,440 $13,320 $21,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3510120

OneKey® MLS

APN: 05025-0042