The Greens in Melville Long Island, New York is large 55 and over retirement community in Suffolk County Long Island.   The Greens is a secure Gated Community with walking trails, a golf course (extra fee), indoor and outdoor pools, a wonderful Clubhouse, Restaurant, and tennis courts. There are several styles of ownership in The Greens. There are the Golf Villas, Townhouses, and Condos.  The Villas is a 2 home attached unit, some include basements. There three models to choose from...the Florenza, the Viscaya, and the Valencia. The Townhouses are four attached homes grouped together. The Mirasol are the units at the ends and the Medici are the 2 in the middle. And, there are two models for the Condo units...which are either upper or lower units called the Caspian and the Cordova.   If... 12/03/2008

> Country Pointe Townhouse (Melville, NY) 3 Bedroom 3.5 Baths Full finished basement 565,000 Call Kim today and Get MOVING! Kim Tavares, Coach Realtors, 631-499-1000 ext.231 or 631-492-7060 cell kimtavares@optonline.net> Kim Tavares's Profile | Create Your Badge 11/21/2008

Holy Moly Guacomole!  Gosh Gee!  OMG!  Well there is a lawyer's office in a big office building that I use for closings.  I decided to find out at the town what the property taxes are for this big building and it is $300,000!!  Did that get your attention?  Of course this is no problem for the owner of this building because the rents cover this.  I'm not sure how much the building is worth but imagine if the building was shut down for a year due to some health/safety/fire concerns and the owner was leveraged like a day trader on steroids.  So be aware that your rents can be compromised and consult with a commercial insurance agent.Here's another example.  Property taxes of $166,400.oo per year or $6.40 PSF(per square feet).  I sure hope those square feet aren't to ticklish(couldn't help... 04/08/2008