Buy with Yoreevo
$1,688,050
List Price: $1,695,000
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140-05 Newport Avenue
Townhouse in Belle Harbor •  building info
6bd • 3.5ba
Buy with Yoreevo

$1,688,050

List Price

$1,695,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
52
Last price change
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Estimated payment
$9,590
Taxes
Monthly maintenance
N/A
Description
Welcome home! This is one of the most unique homes to hit the market in prime Belle Harbor in a while. Sitting on an 80x100 lot with a footprint of 36x59 this legal two-family brick house is the perfect opportunity to either generate some excellent rental income or to enjoy multi-generational living. The lay out is as follows, the first floor is massive and features a huge chefs kitchen. Youll find high end appliances, granite counters and an abundance of cabinetry. There is a formal dining room off the kitchen and very large living room flanking the dining room. The living room has some great built ins and a wood burning fireplace. The living and dining room both have sliding doors leading to a deck that overlooks your heated saltwater pool. The back yard has pavers surrounding the pool, there is also a separate grassed area and an outdoor shower. The first level also has two and a half baths and three bedrooms. The primary suite has a brand-new bath, plenty of closets and is a great size. There are two other generously sized bedrooms and an updated full bath with a soaking tub. Youll find plenty of closets on this level as well as a half bath just off the kitchen. There is also access to a full finished basement. This basement is huge, youll find three bedroom like rooms that would be great for a home office, playroom, closets, storage the possibilities are endless. There is also a large open finished space, create whatever you want. There are also doors leading to the back yard, a very large full bathroom and a summer kitchen. This basement has all the potential to be separate living space if needed. The upper level of this home is where youll find a three bedroom and two bath rental apartment. I use the word apartment lightly because this space is truly its own house. Spanning well over 1,000 square feet, this level is drenched in natural sunlight, it has three bedrooms one of which is one of the biggest rooms in the entire house. There are vaulted ceilings and a private balcony. This level could achieve some big rental numbers if needed. The owner has replaced every single window in this home over the last 3 years, enjoy central air through out, the mechanicals are in excellent shape. There are also solar panels which will be transferred over and will offer you a significant savings on your electric bill. Youll also find a two-car garage and enough carport parking for upwards of 10 cars. You are right on the corner of Beach 140th and Newport Avenue, you are two blocks to the beach. This house is one of a kind.

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Listing Amenities
Patio
Outdoor Space
Garden
History
What it'll cost
Purchase price
$1,695,000
Asking Price: $1,695,000
Term
30 Years
Down Payment
$339,000 (20%)
Min: 20% (339,000)
Rate
6.5 %
Mortgage Amount
$1,356,000
Mortgage Payment
$8,571
Taxes
$1,019
Estimated Yoreevo rebate
$6,950
Estimated closing cost
$57,000
Total monthly cost $9,590
Buy your dream home with us and get an estimated
$6,950 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Revived Residential

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