Real LI

Buying and selling real estate in the communities of Long Island

Central Islip Contemporary is zoned for two horses

The custom-built Contemporary in Central Islip is on

(Credit: Handout)

A custom-built Contemporary in Central Islip is not only composed of unique shapes and sharp intersecting lines, but it is also horse-friendly.

On the market for $429,990, the five-bedroom, four-bathroom house was originally built by two police officers in 1976. It is located in an area zoned to allow two horses.

The house has both slanted and flat roofing, oversized rooms and...

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Why you should buy their house in Syosset

Paul Gastaldo shows the family room of his

(Credit: Heather Walsh)

SELLERS. Paul Gastaldo and Mabel Alvarez

ADDRESS. 8 Renee Rd., Syosset

ASKING PRICE. $649,000

THE COMPETITION. A similar home on Renee Road is listed for $679,000

RECENT SALE IN THE AREA.  A similar home on Renee Road sold mid-May for $608,000

TAXES. $17,568 (but will be reduced by about 25 percent Oct. 1 due to a successful grievance)

TIME ON THE MARKET....

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News 12 clip: Indoor basketball court in Sands Point, and more

New on the market, is this home at

(Credit: Newsday John Paraskevas)

Newsday's LI Home editor Valerie Kellogg appeared on News 12 Long Island Tuesday, as she does every Tuesday around 7:15 p.m., to talk about three high-end homes on the market.

Here's the clip, in case you missed it, with a list below of the agents representing each of the properties. To see past segments, click here.

SANDS POINT PROPERTY:

Shawn Elliott and Zachary Elliott, Shawn...

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Stony Brook millionaire Jonas Smith's home hits market

The historic Stony Brook Victorian, built for Jonas

(Credit: Handout)

Built by ship captain Jonas Smith — who is known as Stony Brook’s first millionaire — this historic Stony Brook Victorian is on the market for $595,000, says listing agent Michael Ardolino of Realty Connect USA.

Built circa 1836, the three-bedroom, 2½-bath house comes with a local historical society plaque. The home features hardwood floors, two original fireplaces, floor-to-ceiling windows...

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Rich Cribs: Lots of room, lots of light, and more

This home on Centre Island has a limestone

(Credit: Handout)

Originally listed in 2010 for $25 million, Twinight, a six-acre Centre Island estate, is now on the market for $14.988 million with Shawn Elliott and Zachary Elliott of Shawn Elliott Luxury Homes and Estates.

The owner, Richard Baron Cohen, a businessman and European porcelain collector, had Twinight built on the north side of the peninsula overlooking Long Island Sound in 2005. Standing four...

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Cold Spring Harbor property once stored coffee and tea

This two-bedroom, one-bathroom cottage and storage building in

(Credit: MLSLI)

Three original structures built in the late 19th century on a .33-acre lot in Cold Spring Harbor are on the market for $649,999.

There is a two-bedroom, one-bathroom cottage, a storage building of about 2,700 square feet and a separate garage.

“The property is set back between two houses, and it is so indicative of the unique nature of the Cold Spring Harbor area -- it is not a cookie...

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Why you should buy their house in Islip

Richard and Maureen Fazio are asking $375,000 for

(Credit: Danielle Finkelstein)

SELLERS. Maureen and Richard Fazio

ADDRESS. 216 Cedar Ave., Islip

ASKING PRICE. $375,000

THE COMPETITION. A nearby two-bedroom waterfront home is listed for $599,000

RECENT SALE IN THE AREA. A three-bedroom home on Ocean Avenue sold in March for $425,000.

TAXES. $8,818

TIME ON THE MARKET. On and off since March 2012

LISTING AGENTS. Judith Falco and Arlene...

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Coach Realtors takes LI home listings to London

This Muttontown home is listed for sale on

(Credit: luxuryportfolio.com)

It may be a foreign idea to Long Island home sellers to imagine a photo of their properties sitting in the window of a real estate agent’s office in central London. But that is just what some clients of Long Island-based Coach Realtors may see, after a recent partnership between the company and  the United Kingdom-based Mayfair International Realty, launched in an effort to take advantage of...

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New York house flipping nets $40,000 average profit

A "Sold" sign is posted outside a home.

(Credit: AP)

Looking for a quick $40,000? Consider joining the rapidly growing legion of New York-area home flippers. The average gross profit on a home owned for less than six months and sold in the first half of 2013 in the New York City, Long Island and Northern New Jersey area was $39,458, according to a report released July 19 by real estate analytics firm RealtyTrac.

Based on gross profit percentage...

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Why you should buy their house in Setauket

Barbara and Tim Ledogar stand in the kitchen

(Credit: Danielle Finkelstein )

SELLERS. Barbara and Tim Ledogar

ADDRESS. 19 Parsonage Rd., Setauket

ASKING PRICE. $659,000

THE COMPETITION. A nearby four-bedroom, 2½-bath Colonial is listed for $599,000.

RECENT SALE IN THE AREA. A four-bedroom, 4½-bath house on Gnarled Hollow Rd. sold in mid-January for $765,000.

TAXES. $14,246

TIME ON THE MARKET. On and off since 2009

LISTING AGENT....

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