new - 4 days on rocket

54 2nd Ave, Bay Shore, NY, 11706

$1,249,999

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Full Baths
Multi

Location

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54 2nd Ave, Islip$1,249,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingShared Driveway, Attached, 4+ Car Attached, Garage
Attached Garage4 spaces
Year Built1920
HeatingNatural Gas, Other
CoolingNone
BasementYes
MLS #3590958
Lot Size0.25 Acres
StatusActive
(A)

About 54 2nd Ave

Opportunity awaits! Incredible, income-producing investment property located in the heart of Bay Shore - this legal four-family unit boasts three 2-bedroom units and one 1-bedroom unit. Apartments are spacious and were recently updated. This home also features two full-car garages, which can garner further monthly income. Proximally located near the LIRR Bay Shore stop and minutes away from newly developed downtown Bay Shore, which features trendy restaurants, shopping, bars, nightlife and access to the Fire Island ferries. Please see attached for current rent roll and expenses.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1920

Listing Office:

  • Office Name: Compass Greater NY LLC
  • Office Phone: (347) 776-8697

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Shared Driveway, Attached, 4+ Car Attached, Garage

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Other
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,249,999

Tax Information:

  • Annual Amount: $13,351
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Islip, NY.

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Islip, NY

City

Med. Sold Price

$600K

Med. Price/SqFt

$349

Avg. Days On Market

45

# of Sold Homes

180

54 2nd Ave vs Islip

4 DAYS ON ROCKET

-41 Days

$1,249,999

+$649.9K More

KEY TAKEAWAY

This property is $649.9K more than the Median Sold Price in Islip, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3590958

Listing Office:

  • Office Name: Compass Greater NY LLC
  • Office Phone: (347) 776-8697

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/17/2024, 10:56:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 09, 2004Home Sold
$420,500

Tax History

YEARPROP. TAXASSESSMENT
2020$13,351$36,000
2019 - $36,000
2018 - $36,000

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-718440
4
/10

  • Gardiner Manor School

  • 125 Wohseepee Dr

  • 1.52 miles

  • Public District Grades 3-5

school-card-donut-718441
5
/10

  • Maud S Sherwood Elementary School

  • 301 Smith Ave

  • 1.83 miles

  • Public District Grades 2-5

school-card-donut-718442
3
/10

  • South Country School

  • 885 Hampshire Rd

  • 1.87 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,669. Most Islip, NY residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Suffolk County›Islip›11706›54 2nd Ave

This home is located at 54 2nd Ave in Bay Shore, NY and zip code 11706 in the Bay Shore neighborhood. This home, which was built in 1920, sits on a 0.25 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $1,249,999.

Over 113 listings were sold over their listed price in October 2024 in Islip, NY. In the same period over 47 listings were sold below the listed price and 20 listings were sold for the listed price. The inventory of homes for sale in Islip, NY between September 2024 and October 2024 increased by 3.6%. The median list price of listings available in October 2024 was $600,000, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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