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USANYAmityville33 Sterling Pl
View of front of house with a porch and brick siding | Image 1
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$1,499,000

33 Sterling Pl, Amityville, NY

House

For Sale

$--,---,---
1260
  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 5380 sqft
Garage No
Taxes $13,586
Days Active 0
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $278
MLS® Number 913853

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

An exceptional investment opportunity awaits in the Village of Amityville. Offered as a contract vendee, this property features two existing dwellings: a legal two-family residence and a separate commercial structure, both of which are already in place and simply require renovation and an addition to achieve their full potential. The two-family residence consists of a spacious first-floor four-bedroom, one-bath apartment and a second-floor three-bedroom, one-bath apartment. The commercial structure is accompanied by full village approvals and architectural plans for conversion into four additional apartments plus a ground-level retail or office space, supported by ten private parking spaces at the rear. Upon completion, the property will operate as a true six-family rental asset with a bonus commercial unit, generating a projected rent roll of $23, 000 per month, or $276, 000 annually. This translates into an attractive cap rate and the potential for substantial long-term cash flow. Ideally located near the Long Island Rail Road and all major conveniences, the property blends existing infrastructure with approvals in hand, ensuring a streamlined path to redevelopment. Partial seller financing is available, making this a rare chance to acquire a fully approved, high-yield mixed-use property that will stand out as both a six-family income producer and a one-of-a-kind addition to any portfolioShow Description
MLS® Number913853
Laundry Level
Central VacNo
FireplaceNo
Acreage0.2479
Exterior
GarageNo
Approx. Age1920
BasementPartial
Driveway
Garage Spaces
HeatNatural Gas, Other
A/CCentral Air
Heating Fuel

Extras

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