1 /
18
Map
$1,250,000
●
Multifamily -
For Sale
161 W Walnut Street
Long Beach, NY 11561
7 Beds
6 Baths,
1
Half Bath
$7,480
Estimated Monthly
$0
HOA / Fees
29.43%
Cap Rate
About This Property
Welcome to your dream property at 161 West Walnut St, nestled in
the heart of the Westholmes area of Long Beach, just a mere 1600
feet away from the enchanting ocean. Prepare to be captivated by
this classic two-family dwelling, exuding timeless charm and
elegance. With seven spacious bedrooms and five full baths, this
residence offers ample room for all your desires and needs. Step
into a world of refined living, where every detail has been
meticulously attended to. This home is truly a testament to
exceptional maintenance, featuring all-new gutters, windows, doors,
and stucco. A standout feature is the outstanding outside porch,
where you can unwind and relish in the delightful coastal breeze.
One of the most impressive aspects of this property is its
resilience during challenging times. Even during the infamous
hurricane Sandy, the basement remained untouched by water,
providing you with peace of mind and security. For the automobile
enthusiasts, the property boasts an oversized driveway, easily
accommodating up to six cars, in addition to a full car detached
garage-a true luxury in a bustling area like this. The generously
sized backyard offers a wealth of possibilities, whether you want
to create a lush garden oasis, a serene retreat, or a lively
entertainment space. Stay comfortable year-round with the
convenience of central air conditioning throughout the entire home,
ensuring a cool and pleasant atmosphere in every season. As you
step inside, you'll be greeted by the first floor's fantastic open
concept layout, adorned with beautiful hardwood floors, abundant
natural light, and soaring 9-foot ceilings, creating an ambiance of
openness and grandeur. The first floor itself boasts open concept
kitchen, living room, dining room, laundry and half bath. Second
floor consists of the primary ensuite (full bath) and an additional
bedroom and full bath for the main house with a portion of that
floor separated for the 2nd unit which consists of 2 bedrooms,
living room, kitchen, dining room and full bath. Head on up to the
3rd floor and you'll find 3 more bedrooms with a full bath for the
main house. This property is not just a home; it's a savvy
investment opportunity. Equipped with two boilers, two hot water
heaters, and two electric meters, you have the flexibility to
explore various rental possibilities, adding to your financial
prosperity. One of the most alluring aspects of this property is
its extremely low taxes and flood policy, ensuring that you can
savor the pleasures of living in this desirable location without
undue financial burdens. In summary, 161 West Walnut St is a
timeless gem, combining classic elegance, outstanding condition,
and a superb location (close to restaurants, LIRR, and shops), all
within a short distance of the majestic Long Beach boardwalk and
Atlantic ocean. Don't miss the chance to make this dream property
yours and embark on a life of coastal luxury, comfort, and
investment potential. Welcome home!
Unit Size
-
Days on Market
271 days
Land Size
0.09 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,342
HOA Dues
-
Year Built
1940
Listed By
Last updated: 5 months ago (OneKey MLS #ONE3495239)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 2, 2023 | Listed by Douglas Elliman Real Estate | $1,250,000 | |
Listed by Douglas Elliman Real Estate |
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Total Number of Parking: 4
Parking Features: Private, Detached, 1 Car Detached
Garage Spaces: 1
Interior Details
Bathroom Information
Half Bathrooms: 1
Full Bathrooms: 5
Interior Information
Interior Features: Master Downstairs, Entrance Foyer, Master Bath, Walk-In Closet(s)
Appliances: Dishwasher, Freezer, Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer
Room 1
Level: Basement
Type: 2 separate storage rooms/ full bath
Room 2
Level: First
Type: open concept kitchen/ DR/ LR/ laundry/half bath
Room 3
Level: Second
Type: primary ensuite (Full bath) / additional bedroom #2/ full bath
Room 4
Level: Third
Type: Bedroom #3, #4, #5/ 1 bath
Room 5
Level: Other
Type: 2nd unit- 2 bedrooms (#6, #7) / 1 full bath/ Kitchen/ living room/ dining
Room Information
Rooms: 15
Basement Information
Basement: Full
Exterior Details
Property Information
Architectual Style: Two Story
Property Type: Residential Income
Property Sub Type: Multi Family
Year Built: 1940
Building Information
Levels: Three Or More
Building Area Units: Square Feet
Construction Methods: Frame, Stucco
Lot Information
Lot Features: Near Public Transit
Lot Size Acres: 0.09
Lot Size Square Feet: 4000
Lot Size Dimensions: 40x100
Land Information
Water Source: Public
Water Source: Gas Stand Alone
Financial Details
Tax Annual Amount: $16,102
Utilities Details
Cooling: Yes
Cooling: Central Air
Heating: Natural Gas, Baseboard
Sewer : Public Sewer
Location Details
Directions: Cross street Magnolia
County or Parish: Nassau
Other Details
Selling Agency Compensation: 1
On Market Date: 2023-08-02
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
5
Beds
3
Baths
-
$955,000
May 23, 2023
$955,000
Aug 18, 2023
$1,292/mo
Multifamily
9
Beds
8
Baths
-
$1,250,000
Jan 27, 2020
$1,250,000
Mar 30, 2021
$1,766/mo
Sold
House
4
Beds
3
Baths
-
$1,100,000
May 10, 2023
$1,100,000
Aug 23, 2023
$1,109/mo
House
5
Beds
6
Baths
-
$1,010,000
Mar 21, 2022
$1,010,000
Sep 30, 2022
$1,168/mo
House
4
Beds
5
Baths
-
$1,165,000
Jul 22, 2022
$1,165,000
Aug 9, 2022
$1,114/mo
House
5
Beds
3
Baths
-
$1,055,000
May 13, 2022
$1,055,000
Oct 11, 2022
$917/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
161 West Walnut Street
161 West Walnut Street, Long Beach, NY 11561
- 1 Unit for Sale