4040 Long BchIsland Park, NY 11558

  • Hospitality properties
  • 6,471 SF
Off market
$6,081,430 Estimated

Property Details for 4040 Long Bch

Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.61 AC
Property size (Sq ft)
6,471 SF
Property type
Hospitality properties
Property subtype
Motels
APN
43-167-00-0001
APU
43167000001

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,215,171
    6.5%
    $1,121,696
    7%
    $1,041,575
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,986,927
    Geo Method
    $1,986,927
  • Alternative Use

    Use
    Valuation
    Residential
    $1,224,566
    Hospitality
    $1,121,696
    Educational
    $933,238
    Medical
    $965,334
    Retail
    $1,451,704
4040 Long Bch, Island Park, New York
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Location Insight

City
Island Park
County
Nassau
State
New York
Latitude
40.613
Longitude
-73.6479
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$86,477
$4,466
$12,039
$16,505
-
-
-
$1,650,500

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