Back 550 83rd Street
Off Market

550 83rd Street

New York NY 11209

7
4
2400 sq. ft.
2400 sq. ft.
Multi-Family
Last sold for $1,600,000
Salvatore TaorminaSalvatore Taormina, last sold this property on 16 May 2024 after -313 days on market.

Overview

This well-maintained semi-detached brick 3-family home is a prime opportunity for both investors and end-users seeking rental income. The first floor offers a spacious 3-bedroom unit over a fully finished basement, while the second floor features two well-appointed 2-bedroom apartments. Set on a 20 x 100 ft lot, the 20 x 60 ft structure provides generous living space throughout. A shared driveway leads to a semi-detached garage, offering both parking and extra storage. Perfectly located near public transportation, schools, shopping, and parks, this property delivers the ideal blend of comfort, convenience, and income potential.

Features

7 bedrooms
4 bathrooms
2400 sq. ft. floor area
2400 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar 7 bedroom multi families sold in New York over the last 12 months, the estimated median property value of 550 83rd Street is $1.78m.

Median value
$1.78m
Estimated value range
$1.61m - $1.96m
Median days on market
127
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in New York. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 550 83rd Street

2024
Sold
$1,600,000
16 May 2024 by Salvatore Taormina, of REVOLUTION REALTY GROUP

Happy sellers in New York

88%
88% of sellers in New York reported that their sale price either exceeded or met their price expectations.

New York stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in New York over the last 12 months.

Local market activity for 7 bedroom multi families in New York

In the last 12 months, 4 seven-bedroom multi families similar to 550 83rd Street, have been sold.

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