Check Availability
$1,200,000
↓ $150K (11.1%)
Commercial - For Sale

4 Weber Avenue

Malverne, NY 11565
bedrooms
Studio
bathrooms
0 Bath
$7,697
Estimated Monthly
$0
HOA / Fees
0.05%
Cap Rate

About This Property

Unit Size
-
Days on Market
130 days
Land Size
0.11 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$1,804
HOA Dues
-
Year Built
1948
Listed By
MD Hoque
Wagner & Kelly Inc
Last updated: 2 months ago (OneKey MLS #ONE3522088)

Price History

Date / Event Date Event Price
Feb 3, 2024 Price Decreased $1,200,000
↓ $150K (11.1%)
Price Decreased
Dec 21, 2023 Listed by Wagner & Kelly Inc $1,350,000
Listed by Wagner & Kelly Inc
Mar 24, 2022 Sold $945,000
Sold

Property Highlights

Doorman
Exterior Details

Property Information

Square Footage : 4000
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1948

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Acres: 0.11
Lot Size Square Feet: 4845
Lot Size Dimensions: 77x100
Financial Details
Tax Annual Amount: $21,646

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Wood
  • Interior Walls Type: Finished/painted materials
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,644
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 28
  • Total Building Area: 1,660
  • Gross Building Area: 1,660
  • Building Area: 1,660
  • Building Area Measurement: Total Area

    Heating and Cooling

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

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Office
  • Land Acres: 0.107
  • Standard Land Use Code: Professional bldg (multi-story)
  • Legal Description 1: TOWN #1 SCH DIST 012

Ownership

  • Current Owner : 4 WEBER AVE HOLDINGS LLC
  • Previous Owner : MALVERNE PROPERTY MANAGEMENT LLC
  • Owner Before Previous Owner: MALVERNE SCHOOL OF MUSIC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Malverne Union Free School District
  • School Tax School District: 012
  • School Tax District Code 2: MAL
  • Census Tract: 410200

Geography

  • District: 282027
  • Section: 35
  • Parcel: 35-287-00-0318
  • Block: 287
  • Lot: 318
  • Municipality: MALVERNE
  • Latitude: 40.6753
  • Longitude: -73.668

    Address

  • Full Address: 4 Weber Ave
  • Address - House Number: 4
  • Address - Street Name: Weber
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Malverne
  • Carrier Code: C002
  • 4-Digit Zip Code: 1742
  • Zip Code: 11565

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,646
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 286

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $763,800
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 24, 2022
  • First Open Lien Mortgage Loan Amount: $763,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Mar 24, 2052

    Market Valuation

  • Market Total Value: $624,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,247
  • Assessed Land Value: $964
  • Assessed Improvements Value: $5,283

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Mar 24, 2022
  • Current Sale Transaction ID: 11884955194
  • Current Sale Price: $945,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2022-35928
  • Previous Sale Recording Date: Jun 12, 2006
  • Previous Sale Contract Date: May 19, 2006
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Mar 24, 2022
  • First Mortgage Loan Amount: $763,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
-
$1,270,000 Apr 4, 2023
$1,270,000 Nov 29, 2023
$569/mo
House
5 Beds
4 Baths
-
$1,225,000 Mar 10, 2022
$1,225,000 May 27, 2022
$1,131/mo
House
4 Beds
3 Baths
-
$915,000 Apr 22, 2021
$915,000 May 27, 2021
$1,000/mo
House
5 Beds
3 Baths
-
$1,150,000 May 13, 2021
$1,150,000 Jul 29, 2021
$1,418/mo
House
5 Beds
3 Baths
-
$1,055,000 Jan 27, 2021
$1,055,000 Jun 23, 2021
$2,019/mo
House
4 Beds
4 Baths
-
$1,350,000 Jul 13, 2023
-
$1,402/mo
In Contract
House
5 Beds
3 Baths
-
$1,235,000 May 23, 2023
-
$2,074/mo
House
5 Beds
4 Baths
-
$1,225,000 Dec 7, 2023
-
$1,309/mo
Other
Loft
-
-
$1,599,000 Aug 22, 2023
-
-

About Malverne


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Frequently Asked Questions

When was property at 4 Weber Avenue built and last sold?
The property at 4 Weber Avenue was built in 1948 and last sold on Feb 28, 2022 for $945,000.
How much is this home worth?
The estimated value of the home located at 4 Weber Avenue is $1,363,500.
What are some comparable homes to 4 Weber Avenue?
Homes that are comparable to 4 Weber Avenue include a house property at 635 Patterson Avenue, 737 Meisser Street, 67 Nassau Avenue.

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