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160 South Middle Neck Road

160 South Middle Neck Road, Great Neck, NY 11021
Property in Russell Gardens
Sold Sep 23, 2011
$5,742,608
$1,700,000 by The Bridgehampton National Ban
Mortgage
160 South Middle Neck Road 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 1943 and is 81 years old. The building has a total of 3 stories. The linear feet between the front and back of the lot is 101 ft and across the front of the lot is 247 ft. The area measurement of the land has been determined as 24,960 square feet.

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 covered garage for those who require parking. The garage measured 4,845 sqft. According to our sources, there are a total of 16 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The exterior walls of the building are made of brick veneer. While the interior walls have been made of finished/painted materials. In terms of heating, it is utilizing a forced air unit. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 160 South Middle Neck Road was last sold in Aug 25, 2011 for $5,742,608. According to our calculations, that's $1,185.26 per sqft. Current property owners are expected to pay $191,594 in taxes per year. The property on 160 South Middle Neck Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $44,877. To break that down further, the land itself was valued at $5,863. While improvements to the property were assessed at a total of $39,014. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Bedroom Count: 0
  • Building Quality: B
  • Construction Type: Masonry
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Finished/painted materials
  • Floor Count: 3
  • Living Units: 39
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Covered
  • Garage Square Area: 4,845
  • Parking Space Count: 16

    Dimensions

  • Lot Size Square Feet: 24,960
  • Lot Size Depth Feet: 101
  • Lot Size Frontage Feet: 247
  • Total Building Area: 4,845
  • Gross Building Area: 4,845
  • Building Area: 4,845
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.573
  • Standard Land Use Code: Apartment house (5+ units)
  • Legal Description 1: TOWN #2 SCH DIST 007

Ownership

  • Current Owner : LANCASTER 160 LLC
  • Previous Owner : LANCANSTER HOUSE LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • District: 282247
  • Section: 2
  • Parcel: 02-247-00-0015
  • Block: 247
  • Lot: 15
  • Municipality: RUSSELL GARDENS
  • Latitude: 40.7838
  • Longitude: -73.7203

    Address

  • Full Address: 160 S Middle Neck Rd
  • Address - House Number: 160
  • Street Direction: S
  • Address - Street Name: Middle Neck
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C076
  • 4-Digit Zip Code: 4641
  • Zip Code: 11021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $191,594
  • Tax Rate Code Area: 756

    Appraisal Valuation

  • Standard Deviation: 0.3908
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 21
  • Final Value: 3,637,828
  • High Value: 5,059,799
  • Low Value: 2,215,856

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,700,000
  • First Open Lien Mortgage Lender: THE BRIDGEHAMPTON NATIONAL BAN
  • First Open Lien Mortgage Recording Date: Jun 11, 2015
  • First Open Lien Mortgage Loan Amount: $1,700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $4,487,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,877
  • Assessed Land Value: $5,863
  • Assessed Improvements Value: $39,014

    Sales

  • Current Sale Contract Date: Aug 25, 2011
  • Current Sale Recording Date: Sep 23, 2011
  • Current Sale Transaction ID: 1122383437
  • Current Sale Price: $5,742,608
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2011092300892

About Great Neck



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 160 South Middle Neck Road located in?
The 160 South Middle Neck Road is a located in the neighborhood of Russell Gardens in Great Neck, Great Neck.
What is the average sales price for listings in 160 South Middle Neck Road?
The average sales price for units in 160 South Middle Neck Road is $0 currently.

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