by RH Advisors

See Home Value
$4,600,000
● House - Off Market

72 Post Road

North Hempstead, NY 11568
bedrooms
9 Beds
bathrooms
5 Baths, 1 Half Bath
$38,915
Est. Monthly
-1.61%
Cap Rate

About This Property

Nestled away from the hustle and bustle, this 15.54-acre estate exudes pristine and peaceful beauty, enveloped by serene ponds and picturesque woodlands. As you make your way down the tree-lined driveway, you'll be greeted by gently rolling fields adorned with specimen trees, offering endless possibilities for equestrian and outdoor recreational activities. Formerly a part of the John Shaffer Phipps and Margarita Grace Phipps estate, now famously known as the historic Old Westbury Gardens, this property comprises five lots, with potential for future subdivision. The estate was purchased by Michael Grace Phipps, the accomplished polo player and son of John Shaffer Phipps, where it was used to quarantine and train polo ponies. The estate features a variety of charming buildings, including a four-bedroom artist's studio, a cozy country house, a spacious tin barn, three-bedroom cottages, the original ice house, laundry and horse stalls, and a five-bay garage with an expansive workshop. The property is directly adjacent to the 216-acre Old Westbury Gardens, allowing for easy access to its breathtaking scenery and renowned history. This unique and rare property awaits its next chapter, offering limitless possibilities for its new owner. Whether you choose to create your own dream estate or develop a luxurious subdivision, this property is a true gem waiting to be discovered. Don't miss this once-in-a-lifetime opportunity !, Additional information: Appearance:Good,Interior Features:Lr/Dr,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
3.42 acres
Price per sqft
-
Property Type
House
Property Taxes
$15,346
HOA Dues
-
Year Built
1936

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (OneKey MLS #KEYL3475494)

Price History

Date / Event Date Event Price
Apr 2, 2024 Sold
Sold
Oct 5, 2023 In contract -
In contract
May 3, 2023 Listed by Daniel Gale Sothebys Intl Rlty $4,800,000
Listed by Daniel Gale Sothebys Intl Rlty
Jan 4, 2023 Withdrawn -
Withdrawn
May 2, 2022 Listed by Daniel Gale Sothebys Intl Rlty $6,850,000
Listed by Daniel Gale Sothebys Intl Rlty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 336
  • Garage Type: 10
  • Garage Square Area: 638
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 148,975
  • Total Building Area: 3,318
  • Building Area: 3,318
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 3,318
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003420
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #2 SCH DIST 001

Neighborhood

  • School District Name: Westbury Union Free School District
  • School Tax School District: 001
  • School Tax District Code 2: OW
  • Census Tract: 302502

Geography

  • District: 282231
  • Section: 10
  • Parcel: 10-00C-00-1389
  • Block: C
  • Lot: 1389
  • Municipality: OLD WESTBURY
  • Latitude: 40.7783
  • Longitude: -73.5928

    Address

  • Full Address: 72 Post Rd
  • Address - House Number: 72
  • Address - Street Name: Post
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Old Westbury
  • Carrier Code: C053
  • 4-Digit Zip Code: 1617
  • Zip Code: 11568

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,267,550
  • Tax Rate Code Area: 701

    Appraisal Valuation

  • Standard Deviation: 0.1352
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 84
  • Final Value: 1,957,002
  • High Value: 2,221,738
  • Low Value: 1,692,265

    Market Valuation

  • Market Total Value: $1,369,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,369
  • Assessed Land Value: $1,086
  • Assessed Improvements Value: $283
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Old Westbury


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Frequently Asked Questions

When was property at 72 Post Road built and last sold?
The property at 72 Post Road was built in 1936 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 72 Post Road is $4,848,000.
What are some comparable homes to 72 Post Road?
There are currently no comparable homes to 72 Post Road.