161 W Walnut Street Long Beach, NY $ 1,250,000
161 W Walnut Street
$ 1,250,000
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161 W Walnut Street

Long Beach, NY, 11561
$ 1,250,000
Bedrooms7 Baths5.1 Sq 4,000

Monthly Estimate*

$ 8,732

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Multi-Family Home for sale in Long Beach, NY

for $1,250,000 with 7 bedrooms and 5 full baths, 1 half bath. This 4,000 square foot home was built in 1940 on a lot size of 0.09.

Welcome to your dream property at 161 West Walnut St, nestled in the heart of the Westholmes area of Long Beach, just a mere 1600 feet away from the enchanting ocean. Prepare to be captivated by this classic two-family dwelling, exuding timeless charm and elegance. With seven spacious bedrooms and five full baths, this residence offers ample room for all your desires and needs. Step into a world of refined living, where every detail has been meticulously attended to. This home is truly a testament to exceptional maintenance, featuring all-new gutters, windows, doors, and stucco. A standout feature is the outstanding outside porch, where you can unwind and relish in the delightful coastal breeze. One of the most impressive aspects of this property is its resilience during challenging times. Even during the infamous hurricane Sandy, the basement remained untouched by water, providing you with peace of mind and security. For the automobile enthusiasts, the property boasts an oversized driveway, easily accommodating up to six cars, in addition to a full car detached garage-a true luxury in a bustling area like this. The generously sized backyard offers a wealth of possibilities, whether you want to create a lush garden oasis, a serene retreat, or a lively entertainment space. Stay comfortable year-round with the convenience of central air conditioning throughout the entire home, ensuring a cool and pleasant atmosphere in every season. As you step inside, you'll be greeted by the first floor's fantastic open concept layout, adorned with beautiful hardwood floors, abundant natural light, and soaring 9-foot ceilings, creating an ambiance of openness and grandeur. The first floor itself boasts open concept kitchen, living room, dining room, laundry and half bath. Second floor consists of the primary ensuite (full bath) and an additional bedroom and full bath for the main house with a portion of that floor separated for the 2nd unit which consists of 2 bedrooms, living room, kitchen, dining room and full bath. Head on up to the 3rd floor and you'll find 3 more bedrooms with a full bath for the main house. This property is not just a home; it's a savvy investment opportunity. Equipped with two boilers, two hot water heaters, and two electric meters, you have the flexibility to explore various rental possibilities, adding to your financial prosperity. One of the most alluring aspects of this property is its extremely low taxes and flood policy, ensuring that you can savor the pleasures of living in this desirable location without undue financial burdens. In summary, 161 West Walnut St is a timeless gem, combining classic elegance, outstanding condition, and a superb location (close to restaurants, LIRR, and shops), all within a short distance of the majestic Long Beach boardwalk and Atlantic ocean. Don't miss the chance to make this dream property yours and embark on a life of coastal luxury, comfort, and investment potential. Welcome home!

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Multi-Family Active

Price

$ 1,250,000

Bedrooms

7

Full Bath

5

Half Bath

1

Property Type

Multi-Family

Taxes

$ 16,102

Style

Two Story

Lot Size

0.09

Year Built

1940

Town/City

Long Beach

County/Region

Nassau

MLS | Web ID

3495239

Features
Interior
Basement Full
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General
Architectural Style Two Story
High School Long Beach High School
High School District Long Beach
Middle/Junior High School Long Beach Middle School
Middle/Junior School District Long Beach
Elementary School District Long Beach
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* Excluded Features
List By
Glen Fox

Listing Agent

Douglas Elliman Real Estate

Broker

glen.fox@elliman.com

Email

Affordability Calculator

$10,073
Per Month
87%
13%
0%
Monthly Principal & Interest
$8,732
Monthly Property Taxes
$1,342
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4100744 Elementary School
4099040 Middle School
Long Beach High School High School
Pricing History
DatePricePrice ChangeDescription
8/2/2023$1,250,000 Listed Price

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161 W Walnut Street, Long Beach, NY, 11561 is a Multi-Family Home for sale at $1,250,000 with 4,000 sqft and a lot size of 0.09. 161 W Walnut Street has 7 bedrooms, 5.1 baths, and was built in 1940. The property's zip code is 11561 which is in Long Beach, NY