$923,570 EMV

3 Baths   2,412 Sq. Ft.
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New York Ave
Long Beach, NY 11561

Overview

This is located at New York Ave, Long Beach, NY 11561. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 3 Baths , 2,412 sqft of living space.
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Status: Inactive
Listing ID: 57430011

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Property Information

  • Bathrooms: 3
  • Living Area Size: 2,412
  • Year Built: 1966
  • Source ID: 21669531
  • Day(s) On Site: 241
  • Parcel Number: 59-004-00-0213
  • Plaintiff: BARRAGE PROMOTERS LLC
  • Defendant Name: 250 NEW YORK AVE LLC
  • Case Number: 2017-604206
  • Judgment Date: 01-20-2022
  • Trustee Name: DAVID A GALLO AND ASSOCIATES LLP
  • Trustee Address: 99 POWERHOUSE ROAD FIRST FLOOR
  • Trustee City: ROSLYN HEIGHTS
  • Trustee State: NY
  • Trustee Zip: 11577
  • Trustee Phone: (516) 583-5330
  • Deed Category: NFS
  • Mortgage Balance: $237,257

Public Records

  • Baths: 3
  • Full Baths: 3
  • Rooms: 6
  • No. of Stories: 1
  • Basement Sqft: 987
  • Parking: BASEMENT - 1 CAR GARAGE
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: ALUMINUM/VINYL
  • Heating Fuel: OIL
  • Heating Type: CENTRAL
  • Land Area Sqft: 4,674
  • Year Built: 1966
  • APN: 59-004---0213-0
  • Property Type: Single Family Residence
  • Township: LONG BEACH
  • Front Footage: 55
  • Depth Footage: 85
  • Living Sqft: 2,303
  • Garage: BASEMENT - 1 CAR
  • Style: RANCH
  • Sewer Type: PUBLIC
  • Water Type: PUBLIC

Preforeclosure

Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Auction Information

  • Auction Date: 09-26-2022
  • Auction Time: 02:00 PM
  • Auction Address: 100 SUPREME COURT DRIVE
  • Auction City: MINEOLA
  • Auction Zip: 11501

    Loan Information

  • Mortgage Balance: $237,257

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Rental Value

The estimated rental value for New York Ave located in Long Beach, NY is $3,180/month. Comparable homes around New York Ave that are rentals have monthly ranges starting as low as $2,540 per month and as high as $3,820 per month. An owner looking to use this property as an investment could bring a return in the area of $2,540 - $3,820 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.


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New York Ave
Long Beach, NY 11561

3 Baths   2,412 sq. ft.

$923,570 EMV

Status: Inactive Listing ID: 57430011

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=New-York-Ave-Long-Beach-NY-11561/57430011_lid

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