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$1,078,785
List Price: $1,098,000
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4215 Atlantic Avenue
Townhouse in Seagate •  building info
10bd • 7ba • 4,540ft² $242 per ft²
Buy with Yoreevo

$1,078,785

List Price

$1,098,000

Key Details
Days on market
35
Last price change
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Estimated payment
$7,954/mo
Taxes
$2,029/mo
Maintenance
N/A
Description
Investors, take note: 4215 Atlantic Avenue is a truly exceptional opportunity in the prestigious, gated beachfront community of Seagate. This fully detached, 4,540-square-foot, 6-family building is nestled on a generous 60 x 100 lot, just steps from one of New York City's most pristine private beaches. Offering the perfect blend of exclusivity, security, and income potential, this property is a standout gem. The building features **seven apartments**, thoughtfully laid out to maximize both comfort and revenue potential: **First Floor**: Apartments 1 and 2 are located at the front of the building, while Apartment 3 is situated on the side. **Second Floor**: Apartments 4, 5, and 6 occupy this level. **Third Floor**: Apartment 7 is the sole unit on this floor. The configuration includes **10 bedrooms and 7 bathrooms**, designed to accommodate a range of tenants. Recent renovations ensure the property is in outstanding condition, offering a turnkey investment for those looking to expand their portfolio or capitalize on the growing demand for beachfront living. Located on a serene block directly across from the beach, residents will relish the tranquil seaside atmosphere while still benefiting from seamless connectivity to the city. Express buses (X28/X38) from nearby Neptune Avenue provide quick access to Midtown Manhattan, and subway connections to the D, F, Q, and N lines make commuting a breeze. The property boasts annual taxes of $24,351 and Seagate Association fees of $26,000an attractive entry point into New York City's exclusive coastal market. Whether you're drawn to the steady rental income, the allure of beachfront charm, or the convenience of city accessibility, this property checks all the boxes. Ready to generate returns and unparalleled in its location, 4215 Atlantic Avenue is a rare investment opportunity you dont want to miss. **Contact us today to learn more and review the attached APOD (Annual Property Operating Data) form for detailed income and expense figures.**

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Building info

History
What it'll cost
Purchase price
$1,098,000
Asking Price: $1,098,000
Term
30 Years
Down Payment
$109,000 (10%)
Min: 10% (109,000)
Rate
6.0 %
Mortgage Amount
$988,200
Mortgage Payment
$5,925
Taxes
$2,029
Estimated Yoreevo rebate
$19,215
Estimated closing cost
$41,000
Total monthly cost $7,954
Buy your dream home with us and get an estimated $19,215 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Compass

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