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Navigating the housing maze south of Main Street


Riverwalk

Not all the homes just south of Main Street in Patchogue Village are townhouses — even though it may look that way.

Some are apartments and others are two-bedroom homes set aside for an affordable housing program. Still others, such as those at the sprawling Riverwalk complex, are described as luxury condos or townhomes and sell at market rates.

Video: Take the 60-second walking tour

“We’re all for sale,” says Barbara O’Brien, vice president of operations at The Riverwalk. “No rentals.”

When asked to differentiate between the community’s condos and townhouses, O’Brien said the townhomes are multiple floors and have their own garages. Common charges for a one-story condo versus the townhouses are the same at Riverwalk. But, the additional square footage of the townhomes means higher property taxes, she said.

“A lot of people actually come in and ask, ‘What do you have for rent?'” she said.

It’s just that bit of confusion that led us to offer this guide to help make sense of the housing stock.

THE RIVERWALK

Riverwalk2This at-market complex stretches from Railroad Avenue to beyond West Avenue and is being built in phases.

The fourth and final phase, which runs along a brook flowing from Great Patchogue Lake, is currently under construction. The cost of units – which will number 163 when the complex is completed – range from $397,000 to $285,000 as of July 2015. The complex offers condos with upper and lower units, and 2- and 3- bedroom townhomes.

“There’s no clubhouse or anything,” O’Brien says. “You’re living in a downtown. You can walk to the YMCA. You can walk to the train. You can walk to the restaurants. You can walk to the bars.

“This really is smart growth.”

Seventy percent of the units have already been sold, she added.

The project started in 2011 and is expected to be completed in 2016. Click here for additional details.

COPPER BEECH VILLAGE

Copper

The Cooper Beech complex stretches from Railroad Avenue to the west to South Ocean Avenue to the east.

The community, completed in 2008, is a split of below-market and at-market housing units. They’re all three stories and attached to one another, though they differ in their facade, from brick to traditional vinyl finishing.

Units are available for purchase through terms negotiated between buyer and seller, though, with the 40 affordable units, the cost must not exceed certain maximum sales prices permitted by the Long Island Housing Partnership, Inc., which coordinates that program. (See how this breaks down into real numbers by scrolling to the bottom of this post.)

Additionally, potential purchasers for the affordable units must qualify based on their income and other factors, including the ability to retain a mortgage.

There are different types of qualifications for the 40 affordable units, so anyone interested in those units should call the Housing Partnership at (631) 435-4710 for up-to-date information on income qualifiers, which are tied to average median household income levels in Suffolk and Nassau Counties.

The office is open from 9 a.m. to 5 p.m. on weekdays.

SEACREST VILLAGE

SeaCrestWhile they may look like condos or even townhouses, the units at Seacrest Village are only available for rent.

Developer and property manager Don Felice said he got the project rolling in 2002, partially on property where his father once built and then ran a gas station at the corner of South Ocean and Academy Street.

“I built 26 units in seven months,” he said of the project.

He believes Seacrest Village, which consists of one-bedroom apartments on lower and upper levels, helped get the ball rolling with new housing south of Main Street after it was completed in 2003.

Call (516) 527-2189 for pricing and additional information.

Featured Image: Riverwalk townhomes along the creek on the property’s western edge.

Secondary images:

1. The Riverwalk’s townhomes have garages. The condos do not.

2. Sales of the two-bedroom Cooper Beech are coordinated by the Long Island Housing Partnership.

3. Seacrest Village was completed in 2004 and consists of upper and lower rental units on South Ocean Avenue.

Income Breakdown

About the author: Michael White

Michael White is a Bellport resident, longtime newspaper reporter and editor, and the owner of greaterpatchogue.com. Email him your story ideas or tips: mike@greaterpatchogue.com