38 Park Avenue, Amityville, NY 11701

38 Park Avenue, Amityville, NY 11701

$1,635,000 · 5 bed · 2 bath · 2,606 sq ft · built 1900 · MLS# 1053222 · Active

Exceptional Value-Add Investment & Development Opportunity In Amityville! Situated On An Expansive .42 Acre Property, This Two Family Home Offers Tremendous Potential For Investors, Builders, Or Buyers. Continue Utilizing The Property As A 5 Bed/2 Bath (3/1 & 2/1) Two-Family Residence And Explore The Possibility Of Adding Additional Rental Units In The Back, Or Consider Redeveloping The Property With A Larger Brand New Structure. With Its Generous Lot Size And Multiple Potential Paths For Future Use, This Is A Unique Opportunity With Significant Upside. Please Note: Buyers Are To Independently…

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Amityville Market Trend

Amityville has tightened over the past 2 years: the median sale price has advanced roughly 5% year over year to near $648K, and sales have generally been closing faster. Conditions continue to favor sellers; if the trend holds, prices could keep firming.

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Looking for off-market opportunities or a property attorney's read on this listing? Contact Joseph DeVito — Lic. R.E. Associate Broker + NY-licensed real estate attorney.