Buy with Yoreevo
$764,250
List Price: $775,000
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2 Gibb Lane

House in Islip •  building info
3bd • 2ba • 2,127ft² $364 per ft²
Buy with Yoreevo

$764,250

List Price

$775,000

Key Details
Days on market
10
Last price change
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Estimated payment
$6,280/mo
Taxes
$1,871/mo
Maintenance
N/A
Description
A rare opportunity to create a custom waterfront retreat at 2 Gibb Lane. Set along the water with an existing bulkhead and water access ramp, this exceptional property is being offered primarily for its land value and presents an exciting opportunity to renovate, rebuild, or create something entirely new. The existing residence has sustained significant fire damage and is not currently habitable. Ideal for an end user, builder, or investor looking to capitalize on the property's waterfront setting and future potential. Set in a waterfront area of Islip, the property offers convenient access to boating and water recreation, local marinas and beaches, as well as Islip's Main Street dining and shopping, LIRR transportation, and access to Fire Island. A unique opportunity to create a waterfront home and enjoy all that Long Island's South Shore has to offer. Property is being sold strictly as-is. Cash or qualified renovation/rehab financing only. Buyers are responsible for conducting their own due diligence regarding renovation, rebuilding, permits, bulkhead condition, and future use. DO NOT ENTER, WALK, OR ACCESS THE PROPERTY WITHOUT PRIOR PERMISSION

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Building amenities
Services and facilities
Parking

Garage

Building info

History
What it'll cost
Purchase price
$775,000
Asking Price: $775,000
Term
30 Years
Down Payment
$77,000 (10%)
Min: 10% (77,000)
Rate
6.5 %
Mortgage Amount
$697,500
Mortgage Payment
$4,409
Taxes
$1,871
Estimated Yoreevo rebate
$10,750
Estimated closing cost
$23,000
Total monthly cost $6,280
Buy your dream home with us and get an estimated
$10,750 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Douglas Elliman

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