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40 East Avenue

40 East Avenue, Glen Cove, NY 11542
Commercial in Glen Cove
Local assessors in Glen Cove, NY have categorized 40 East Avenue as a commercial type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 100 ft and the front of the lot was measured at 50 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C-. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of finished/painted materials. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 40 East Avenue sold most recently in Dec 21, 2023 for a total of $650,000. If you work out the math, that's approximately a cost of $673.58 per sqft. Before that, the property was also sold for $435,000 in Feb 24, 2021. 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 $1,111 in taxes each year. The initial year of tax delinquency occurred in 2021. 40 East Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,525. If we break it down further, the land itself was valued at $1,400. Improvements to the property, however, were assessed at a total of $1,125. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Parking

Private Parking
Detached Garage
Detached Garage: 2 Spaces

Condition

Level Lot

Location

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

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230323
03/23/2023
Loft
-
-
$899,000
bedrooms
Loft
bathrooms
-
-
-
-
Wendy Liotti
Compass
20220601
06/01/2022
Loft
-
-
$75,000
bedrooms
Loft
bathrooms
-
-
-
-
Richard Matt Shane
All Island Estates Realty Corp
20200106
01/06/2020
Loft
-
-
$425,000
bedrooms
Loft
bathrooms
-
$435,000 +2.35%
02/24/2021
-
Richard Matt Shane
All Island Estates Realty Corp

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 3
  • Bedroom Count: 0
  • Building Quality: C-
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Interior Walls Type: Finished/painted materials
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 50
  • Total Building Area: 965
  • Gross Building Area: 965
  • Building Area: 965
  • 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

  • Property Class: Commercial
  • Land Acres: 0.115
  • Standard Land Use Code: Commercial/office/residential (mixed use)
  • Legal Description 1: TOWN #4 SCH DIST 005

Ownership

  • Current Owner : 40 EAST AVENUE LLC
  • Previous Owner : 21 ROSE AVENUE LLC
  • Owner Before Previous Owner: SEBASTIANO FREDERICK P
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Glen Cove City School District
  • School Tax School District: 005
  • School Tax District Code 2: GLC
  • Census Tract: 517302

Geography

  • District: 280600
  • Section: 23
  • Parcel: 23-030-00-0044
  • Block: 30
  • Lot: 44
  • Municipality: GLEN COVE UNINCORPORATED
  • Latitude: 40.857
  • Longitude: -73.6081

    Address

  • Full Address: 40 East Ave
  • Address - House Number: 40
  • Address - Street Name: East
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Glen Cove
  • Carrier Code: C009
  • 4-Digit Zip Code: 3928
  • Zip Code: 11542

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,111
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 991

    Market Valuation

  • Market Total Value: $252,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,525
  • Assessed Land Value: $1,400
  • Assessed Improvements Value: $1,125

    Sales

  • Current Sale Contract Date: Dec 21, 2023
  • Current Sale Recording Date: Jan 16, 2024
  • Current Sale Transaction ID: 11919374068
  • Current Sale Price: $650,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2024-3001
  • Previous Sale Recording Date: Apr 05, 2021
  • Previous Sale Contract Date: Feb 24, 2021
  • Previous Sale Amount: $435,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Previous Mortgages

  • Previous Mortgage Lender: CAMILLE RAIA
  • Previous Mortgage Transaction Date: Apr 05, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $245,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About Glen Cove




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Frequently Asked Questions

What neighborhood is 40 East Avenue located in?
The 40 East Avenue is a commercial located in the neighborhood of Glen Cove in Glen Cove, Glen Cove.
What is the average sales price for listings in 40 East Avenue?
The average sales price for units in 40 East Avenue is $0 currently.

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