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15 Prospect Street

15 Prospect Street, Great Neck, NY 11021
Multifamily in Thomaston
15 Prospect Street has been categorized by the local assessors in Great Neck, NY as a residential type of property. The building on the property was first built in 1938 and is 86 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 15 Prospect Street has 2,592 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 620 ft. The area measurement of the land has been determined as 7,750 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 380 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 15 Prospect Street sold most recently in Nov 3, 2020 for a total of $1,400,000. If you work out the math, that's approximately a cost of $540.12 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $20,686 in taxes each year. 15 Prospect Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,155. If we break it down further, the land itself was valued at $565. Improvements to the property, however, were assessed at a total of $590. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Private Entrance

Parking

Private Parking
Detached Garage
Detached Garage: 2 Spaces

Location

Near Public Transit
Private Lot
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200828
08/28/2020
6 Bed
4 Bath
-
$1,198,000
bedrooms
6 Bed
bathrooms
4 Bath
$1,400,000 +16.86%
11/12/2020
Aileen Murstein
Compass Greater NY LLC

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C+
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 620
  • Total Building Area: 2,592
  • Gross Building Area: 2,592
  • Building Area: 2,592
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,592
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.178
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TOWN #2 SCH DIST 007

Ownership

  • Current Owner : LU LISA MAY
  • Previous Owner : ALTAMIRANO ERNEST RICHARD
  • Previous Owner 2: PRUSSMAN ELIZABETH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Great Neck Union Free School District
  • School Tax School District: 007
  • School Tax District Code 2: TH
  • Census Tract: 300600

Geography

  • District: 282253
  • Section: 2
  • Parcel: 02-260-00-0417
  • Block: 260
  • Lot: 417
  • Municipality: THOMASTON
  • Latitude: 40.7857
  • Longitude: -73.7155

    Address

  • Full Address: 15 Prospect St
  • Address - House Number: 15
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C052
  • 4-Digit Zip Code: 3816
  • Zip Code: 11021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,686
  • Tax Rate Code Area: 818

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 1,493,060
  • High Value: 1,737,184
  • Low Value: 1,248,937

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $920,000
  • First Open Lien Mortgage Lender: HSBC BANK USA
  • First Open Lien Mortgage Recording Date: Nov 12, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $920,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $1,155,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,155
  • Assessed Land Value: $565
  • Assessed Improvements Value: $590

    Sales

  • Current Sale Contract Date: Nov 03, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Transaction ID: 11804826153
  • Current Sale Price: $1,400,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020-107978

    Last Sale Mortgage

  • First Mortgage Lender: HSBC BANK USA
  • First Mortgage Transaction Date: Nov 12, 2020
  • First Mortgage Loan Amount: $920,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Great Neck



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Frequently Asked Questions

What neighborhood is 15 Prospect Street located in?
The 15 Prospect Street is a multifamily located in the neighborhood of Thomaston in Great Neck, Great Neck.
What is the average sales price for listings in 15 Prospect Street?
The average sales price for units in 15 Prospect Street is $1,198,000 currently.

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