Thinking of buying in Atlantic Beach?
The Atlantic Beach boardwalk is as mellow as the hamlet, real estate experts say. (April 20, 2012) Credit: Barry Sloan
THE SCOOP Atlantic Beach village, which shares a barrier island with Long Beach, is gearing up to celebrate its 50th anniversary with a two-day event starting June 20.
As festive as that may sound, Atlantic Beach is really quite mellow, local real estate agents say. "There's no hustle and bustle," says resident Annett Ellis, owner-broker of a real estate agency that bears her name. While the community has a couple of restaurants, delis and a nail salon, residents can get their fill next door, in Long Beach, Ellis adds.
The village and its neighbor to the east, Atlantic Beach Estates, a compact hamlet governed by Hempstead Town, share the same ZIP code and school district. Atlantic Beach Estates has a private beach club that offers transportation for residents, says Bonnie Miller of Paul Gold Real Estate in Long Beach.
Village residents have no more than a three-block walk to their beach, which has a boardwalk and amenities such as storage and chair and umbrella set-up service, Ellis says.
Since Manhattan is only 21 miles from Atlantic Beach, most buyers are city residents purchasing second homes, says Keith Starke of Petrey AB Corp. It saves them the long trip to the Hamptons, he adds.
Many original Spanish stucco-style houses in the village are being razed and replaced by luxury homes, Starke says.
CONDOS AND TOWNHOUSES Four listings, $275,000 to $1,349,900
SEASONAL RENTALS Memorial Day to Labor Day: between $20,000 and $70,000, Ellis says.
SALES PRICE From March 1, 2011, to April 18, 2012, there were 27 sales with a median sales price of $700,000, according to Multiple Listing Service of Long Island data. The low sales price was $465,000, and the high was $2,500,000. From Feb. 1, 2010 to Feb. 28, 2011, there were 16 sales. The median price was $773,000 with a low of $362,500 and a high of $1,725,000.
BY THE NUMERS
Town: Hempstead
Area: 0.5 square mile
ZIP code: 11509
Population: 1,891
Median age: 53.5
Median household income: $102,188
Median home value: $820,000*
LIRR time to NYC: From Long Beach, 51 minutes to 59 minutes at peak
Monthly ticket: $254
School district: Lawrence
SOURCES: 2010 Census; mlsli.com; Long Island Rail Road;
*Based on sales in the past six months according to Multiple Listing Service of Long Island
