
Real Estate Market Report 1st Quarter 2010
Newly Listed - 1
Offering Price: $739,000
Property Taxes: $13,478.67
Village Property Taxes: $2,000
Maintenace Fee: $420
Status: Available as of 4/4/10
Under Contract - 0
Sold Units - 1
Offering Price: $1,075,000
Sold Price: $925,000
Property Taxes: $15,837
Village Property Taxes: $2,000
Maintenance Fee: $420
Days On The Market: 315
It is not uncommon to see luxury homes on the market for long periods of time. Only a small percentage of buyers can afford luxury homes. Sellers need to have patience and of course the understanding that their luxury home will not sell overnight.
Bridgeview At Babylon Cove Babylon Luxury Townhomes - Waterfront Living At Its Finest!
The Bridgeview at Babylon Cove has 22 luxury waterfront townhomes and was built in 2002 with taxes starting at $14,000 without the Star Program.
The Bridgeview Development is on Salt Meadow Road located off of Fire Island Avenue in Babylon Village and boasts gorgeous views of the Great South Bay and the Robert Moses Bridge, hence the name, Bridgeview.

All of the townhomes have an open floor plan and are over 2000 sq. ft., have multi-level decks for entertaining and a private community pool. Deeded 40 ft. boat slips are included with each home. Some even have 9 zone radiant heating.
The most recent sale was February, 2010 for $925,000 and just 2 years ago they were selling for over $1M!
Just a few blocks away are many restaurants where you can sit outside and enjoy your meal while taking in the beautiful views of the Great South Bay.
