33 Sterling Place, Amityville, NY 11701
Local realty services provided by:Better Homes and Gardens Real Estate Green Team
33 Sterling Place,Amityville, NY 11701
$1,499,000
- 12 Beds
- 6 Baths
- 5,380 sq. ft.
- Single family
- Active
Listed by:stevie fisher
Office:the agency northshore ny
MLS#:913853
Source:OneKey MLS
Price summary
- Price:$1,499,000
- Price per sq. ft.:$278.62
About this home
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 portfolio
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Home facts
- Year built:1920
- Listing ID #:913853
- Added:8 day(s) ago
- Updated:September 25, 2025 at 01:28 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:6
- Full bathrooms:6
- Living area:5,380 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Natural Gas
Structure and exterior
- Year built:1920
- Building area:5,380 sq. ft.
- Lot area:0.18 Acres
Schools
- High school:Amityville Memorial High School
- Middle school:Edmund W Miles Middle School
- Elementary school:Park Avenue School - Suffolk
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,499,000
- Price per sq. ft.:$278.62
- Tax amount:$13,586 (2025)
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