4202 Highland Ave

A rare, three-family, solid brick house sitting on a corner lot and at the highest elevation point in the private and gated community of Seagate. House measures 28 ft. wide X 60 ft. deep. Lot measures 42 ft. wide X 100 ft. deep. The entire house has gone through a complete gut renovation in the last 6-7 years with all new electrical, plumbing and double-pane city windows. Current Setup and layout: Floor 1 - Fully finished basement which has been divided into two sections, and can easily be opened up into one large, open, recreation area. Basement is equipped with two full bathrooms and a kitchenette/bar area. Floor 2 - Owners apartment. Offers a large living/dining area, custom kitchen cabinetry with granite countertop island and granite backsplash, tiled floor, equipped with like-new, top of the line Samsung and LG appliance package with an exterior vented range hood and LED ambient light. While the floor plan offers 5 bedrooms, the current use is set up as 4 full bedrooms with a 5th bedroom serving as a corner home office with windows on three sides. Additionally there are 2 full bathrooms, and an in-unit washer with an exterior vented dryer. Unit has two, heavy duty split system HVAC units that easily cool and heat the entire floor, plus an additional heat source via cast iron radiators. LED spotlights in every room, hardwood floors throughout, double-pane city windows with custom wooden framing, and solid core wooden doors in all rooms. A large, private porch area doubles as a rear terrace. Floor 3 - Owners apartment. Offers a large living/dining room, custom kitchen cabinetry with granite countertops and granite backsplash, tiled floor, equipped with like-new, top of the line, gun metal finish Samsung appliance package with exterior vented range hood. LED ambient lighting. A large terrace is also accessible via two of the rear bedrooms. Other highlights include custom stone work in the living room with an electric fireplace + custom stone wall accents throughout the hallway. This floor plan also offers 5 bedrooms with the 5th serving as a corner home office with windows on all three sides. There are two full bathrooms with an in-unit washer with an exterior vented dryer. The master bathroom is beautifully outfitted with imported stone covering the walls and floor, a large custom vanity and a rare, stand alone, oversized bathtub. There are three heavy duty split system HVAC units, plus additional heat source via cast iron radiators. LED spotlights in every room, hardwood floors throughout, double-pane city windows with custom wooden framing, and solid core wooden doors in all rooms. Floor 4 - Tenant apartment. Offers tall, vaulted ceilings, an open kitchen with custom cabinetry, stainless steel appliances with vented range hood. This floor has two bedrooms with an oversized master bedroom, a full bathroom with an in-unit washer and vented dryer. Two large closets in the master bedroom and two oversized walk-in closets in the common area. There is a large rear terrace with open views along with an ocean view. A heavy duty split system HVAC unit with additional heat source via cast iron radiators. Garage - 20 X 20 is currently set up as a storage/working area with its own heat source and air conditioning. It can easily be transformed back into a full garage. The property fits two full size vehicles with plenty of street parking with option and room for additional vehicles. Additional property highlights. 42 X 100 corner lot - considered to be at the highest point above sea level in Seagate Considered to be Solid brick construction 3 Gas boilers 3 Water heaters Added roof insulation Spanish Tile roof Double-pane city windows Security system and cameras throughout the property Yard space for entertainment/grilling Insulated, finished basement Fenced property with reinforced fence posts Owner planted beautiful trees on the outside of the property This 3 family house is ideal for a variety of buyers. Owner/user Owner with option to rent out two units and live mortgage free. The 5 bedroom units can easily rent for $3,000 or more. The two bedroom unit can easily rent for around $2,000. Investor - Potential for 6% plus return on investment. The Seagate neighborhood has gone through tremendous upgrades and offers amenities envied by surrounding areas. Two private entrances - one for residents and the other for residents and guests. There is private security onsite associated with the state. Community has a wonderfully restored private beach thanks to the USACE and DEC who built T-Groins. Beach was raised and protected with sand dunes and new jetties. Area will benefit from further appreciation with the anticipated NYC Ferry service from Coney Island to Wall Street/Pier 11 commencing in 2021. Community pool at the Seagate Beach Club is slated to return in 2021 as well. Parks Seagate offers two resident-only Playgrounds and a dog park. The David Sevush Playground, dedicated to David Sevush, Board Member and contributor to the Sea Gate Community Baseball League and youth activity programs, is located within the Parking Lot between Surf and Mermaid Avenues. This playground boasts a jungle gym space for smaller children, a swing set, a work out space, and a fenced area with a gazebo where the children of Sea Gate can learn to ride a bike or scooter, play ball, draw with chalk on a small scale. The playground also offers a basketball court for the older Sea Gate Resident children. The Lindy Park Playground, located at the dead end of Beach 50th Street, was donated to the Sea Gate Community on October 10th, 2016 by KaBoom!, ABC and Disney. KaBoom! The Lindy Park Playground boasts a ship-themed climbing and slide area for the older children and a train themed slide or the little ones. There is also a swing set, picnic area, and covered benches to enjoy the views of the Verazzano. There is easy access to public transit, including D, F, Q, and N trains, by way of B36 and B74 buses. Hop on the X28 Express bus to ride straight to Midtown Manhattan for work or pleasure.