When was property at 989 Jerusalem Avenue built and last sold?

The property at 989 Jerusalem Avenue was built in 1953 and last sold on Apr 28, 2021 for $310,000.

How much is this home worth?

The estimated value of the home located at 989 Jerusalem Avenue is $402,897.

What are some comparable homes to 989 Jerusalem Avenue?

There are currently no comparable homes to 989 Jerusalem Avenue.

North Merrick

11566

North Merrick

989 Jerusalem Avenue

$310,000

● House - Off Market

989 Jerusalem Avenue

Hempstead, NY 11566

2 Beds

1 Bath

2,136 Ft²

$424,409

RealtyHop Estimate

21.61%

Since May 1, 2021

National-US

Primary Model

About This Property

Incredible investment or owner-user opportunity with a projected 9.3% Cap Rate right on busy Jerusalem Ave. Property is located 1/10th of a mile to Southern State, and right between heavily-traveled Merrick Ave, Bellmore Ave. and Route 106. Building has a rich history as a music school and music studio, and currently set up as two office spaces in the front (but can be used for retail) and a large one bedroom apartment in the rear. Commercial portion features full bathroom (with shower) and a very large basement space. Residential portion features large living area, eat-in-kitchen, and a sun-drenched bonus room that leads to a private outdoor patio. Expected rent of $3,000 for commercial portion and $1,800 for residential portion. Manageable size provides easy maintenance and upkeep. Updated in 2019. Visit property site for video tour, virtual tour, and more details. A hidden gem in Merrick., Additional information: Appearance:Excellent,Interior Features:Lr/Dr

Unit Size

2,136 Ft²

Days on Market

Land Size

0.07 acres

Price per sqft

$163

Property Type

House

Property Taxes

$1,603

HOA Dues

Year Built

1953

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (OneKey MLS #KEYL3254953)

Price History

Date / Event	Date	Event
Apr 28, 2021	Sold	Premium
Sold
Nov 10, 2020	In contract	-
In contract
Sep 23, 2020	Listed by Bird & Swing LLC	$349,000
Listed by Bird & Swing LLC
Jun 8, 2020	Listed by Bird & Swing LLC	$349,000
Listed by Bird & Swing LLC
Mar 25, 2020	No longer available	-
No longer available
Mar 8, 2020	Price Decreased	$449,000 ↓ $40K (8.2%)
Price Decreased
Jan 23, 2020	No longer available	-
No longer available
Jan 23, 2020	Listed by Douglas Elliman Real Estate	$489,000
Listed by Douglas Elliman Real Estate

	Commercial With Residential 1 Bedroom Apartment. Large Free Standing Building With 2 Store Fronts Possible Mix Use Plus Large Finished Basement with Laundry and Storage. Back Half of The Building Has Large Updated 1 Bedroom Apartment With Updated Full Bath and Large Kitchen. Great Location Near Other Store Fronts and Restaurants
Jan 19, 2020	Price Decreased	$489,000 ↓ $41K (7.7%)
Price Decreased
Nov 13, 2019	Listed by Douglas Elliman Real Estate	$530,000
Listed by Douglas Elliman Real Estate

	Commercial With Residential 1 Bedroom Apartment. Large Free Standing Building With 2 Store Fronts Possible Mix Use Plus Large Finished Basement with Laundry and Storage. Back Half of The Building Has Large Updated 1 Bedroom Apartment With Updated Full Bath and Large Kitchen. Great Location Near Other Store Fronts and Restaurants
Oct 5, 2019	No longer available	-
No longer available
Oct 5, 2019	Listed by Douglas Elliman Real Estate	$530,000
Listed by Douglas Elliman Real Estate

	Commercial With Residential 1 Bedroom Apartment. Large Free Standing Building With 2 Store Fronts Possible Mix Use Plus Large Finished Basement with Laundry and Storage. Back Half of The Building Has Large Updated 1 Bedroom Apartment With Updated Full Bath and Large Kitchen. Great Location Near Other Store Fronts and Restaurants
Aug 31, 2019	Listed by Douglas Elliman Real Estate	$499,000
Listed by Douglas Elliman Real Estate

	Commercial With Residential 1 Bedroom Apartment. Large Free Standing Building With 2 Store Fronts Possible Mix Use Plus Large Finished Basement with Laundry and Storage. Back Half of The Building Has Large Updated 1 Bedroom Apartment With Updated Full Bath and Large Kitchen. Great Location Near Other Store Fronts and Restaurants

Property Highlights

Parking Available

Building Info

Overview

General

Year Built: 1953

Effective Year Built: 1953
Bedroom Count: 0
Building Condition: 0
Building Quality: 7
Construction Type: 12
Building Style: 0
Exterior Walls Type: 17
Interior Walls Type: 13
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Floor Cover: 0
Basement Type: 9
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0
Location Influence Type: 20

Dimensions

Lot Size Square Feet: 3,240

Lot Size Depth Feet: 81
Lot Size Frontage Feet: 40
Total Building Area: 2,136
Gross Building Area: 2,136
Building Area: 2,136
Building Area Measurement: T

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heating Fuel Type: 0

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 3

Property Class: C
Land Acres: 0000000074
Standard Land Use Code: 2003
County Land Use Code: 4851
Legal Description 1: TOWN #1 SCH DIST 004

Neighborhood

School District Name: Bellmore-Merrick Central High School District

School Tax School District: 004
Census Tract: 414700

Geography

District: 282089

Section: 50
Parcel: 50-592-00-0009
Block: 592
Lot: 9
Municipality: HEMPSTEAD UNINCORPORATED
Latitude: 40.6907
Longitude: -73.5504

Address

Full Address: 989 Jerusalem Ave

Address - House Number: 989
Address - Street Name: Jerusalem
Address - Suffix Type: Ave
State: NY
City Name: Merrick
Carrier Code: C029
4-Digit Zip Code: 1853
Zip Code: 11566

Valuation

Tax

Tax Year: 2023

Tax Amount: $1,714,886
Initial Tax Delinquent Year: 2019
Tax Rate Code Area: 114

Market Valuation

Market Total Value: $326,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $3,260
Assessed Land Value: $794
Assessed Improvements Value: $2,466

Sales

Current Sale Contract Date: Apr 28, 2021

Current Sale Recording Date: May 10, 2021
Current Sale Price:

Premium
Current Sale Document Type: 33
Current Sale Input Document Number: 2021-062152

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About North Merrick

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$511

Below Asking

0.01%

Average Days on Market

Average Home Size

2310 ft²

Average Home Age

50.1 years

Currently For Sale

18 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1539 Park Avenue, Merrick, NY, 11566

$4,000 /mo

3 Beds
1 Bath
1,386 ft²

1539 Park Avenue, Merrick, NY, 11566 Listing by Lisa J. DeTurris

Unit for rent at 317 Bedford Avenue, Bellmore, NY, 11710

$2,650 /mo

1 Bed
1 Bath
800 ft²

317 Bedford Avenue, Bellmore, NY, 11710 Listing by Gina M. Padro HFR PSA RSPS SFR SRS

Unit for rent at 694 Blackstone Avenue, East Meadow, NY, 11554

$4,100 /mo

3 Beds
1 Bath
1,092 ft²

694 Blackstone Avenue, East Meadow, NY, 11554 Listing by Jaime Aguilar

Rentals Near You

Click here to view more rentals in the neighborhood.

Last Updated: 4 months ago
Data Source: OneKey MLS

989 Jerusalem Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About North Merrick

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions