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881 East Park Avenue

881 East Park Avenue, Long Beach, NY 11561
Multifamily in The Canals
881 East Park Avenue has been categorized by the local assessors in Long Beach, NY as a residential type of property. The building on the property was first built in 1984 and is 40 years old. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 881 East Park Avenue has 2,600 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,110 ft and across the front of the lot is 380 ft. The area measurement of the land has been determined as 4,218 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. 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, 881 East Park Avenue was last sold in Oct 6, 2022 for $910,000. According to our calculations, that's $350.00 per sqft. Prior to that sales transaction, the property was sold for $814,000 in Nov 22, 2021. Current property owners are expected to pay $10,125 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2023. The property on 881 East Park Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $667. To break that down further, the land itself was valued at $247. While improvements to the property were assessed at a total of $420. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Aluminum Siding
Brick Exterior

Driveway

Driveway
Shared Driveway

Parking

Garage Parking
Off Street Parking
No Garage

Location

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210419
04/19/2021
6 Bed
4 Bath
-
$814,000
bedrooms
6 Bed
bathrooms
4 Bath
$814,000
11/22/2021
-
Robin Bokor
Realty Connect USA LLC

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Total Rooms: 12
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Fair
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 4,218
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 380
  • Total Building Area: 2,600
  • Gross Building Area: 2,600
  • Building Area: 2,600
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,600
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.097
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TOWN #5 SCH DIST 028

Ownership

  • Current Owner : VICTORY 3 LLC
  • Previous Owner : WASHINGTON SPIRITS LLC
  • Owner Before Previous Owner: MICHAEL P ANTONIK TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Long Beach City School District
  • School Tax School District: 028
  • School Tax District Code 2: LB
  • Census Tract: 416801

Geography

  • District: 281000
  • Section: 59
  • Parcel: 59-082-00-0601
  • Block: 82
  • Lot: 601
  • Municipality: LONG BEACH UNINCORPORATED
  • Latitude: 40.5891
  • Longitude: -73.6379

    Address

  • Full Address: 881 E Park Ave
  • Address - House Number: 881
  • Street Direction: E
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Long Beach
  • Carrier Code: C017
  • 4-Digit Zip Code: 2716
  • Zip Code: 11561

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,125
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 996

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 1,057,735
  • High Value: 1,241,815
  • Low Value: 873,654

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: ABNY CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Oct 20, 2022
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 20, 2052

    Market Valuation

  • Market Total Value: $667,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $667
  • Assessed Land Value: $247
  • Assessed Improvements Value: $420

    Sales

  • Current Sale Contract Date: Oct 06, 2022
  • Current Sale Recording Date: Oct 20, 2022
  • Current Sale Transaction ID: 11897475777
  • Current Sale Price: $910,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2022-104267
  • Previous Sale Recording Date: Dec 28, 2021
  • Previous Sale Contract Date: Nov 22, 2021
  • Previous Sale Amount: $814,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: ABNY CAPITAL LLC
  • First Mortgage Transaction Date: Oct 20, 2022
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: A & D MORTGAGE LLC
  • Previous Mortgage Transaction Date: Dec 28, 2021
  • Previous Mortgage Loan Amount: $651,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About The Canals



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Frequently Asked Questions

What neighborhood is 881 East Park Avenue located in?
The 881 East Park Avenue is a multifamily located in the neighborhood of The Canals in The Canals, Long Beach.
What is the average sales price for listings in 881 East Park Avenue?
The average sales price for units in 881 East Park Avenue is $0 currently.

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