163/165 Lincoln Avenue, Rockville Centre, NY 11570

163/165 Lincoln Avenue, Rockville Centre, NY 11570

$1,999,999 · 4 bed · 4 bath · 3,100 sq ft · built 1920 · MLS# 1013918 · Active

4 Unit Multifamily Investment Opportunity. It consists of 2 semi-attached “legal non conforming use” 2 family homes, built about 1920, and located within the Incorporated Village of Rockville Centre. Each home has 2 updated one bedroom one bath units, totaling 4 units, with each unit having about 750 square feet. The upper units have direct access to a 3rd floor shared unfinished attic space for storage. There is also outside basement access provided to shared laundry facilities. The ground floor units have direct interior stairs to the unfinished common basement…

Two-to-three-family homes in the Oceanside Union Free School District sold for a median of $754,000 (typically $640,000–$820,000) across 8 recorded sales between Dec 3, 2025 and Aug 31, 2026. Too small a sample to be statistically stable — that median rests on 8 recorded sales, so a single sale moves it substantially. Treat it as a starting point rather than a market reading.

ZIP 11570 has about 2.7 months of inventory — seller's market. Demand is outpacing supply, so homes sell quickly with firm pricing and limited room to negotiate.

At about $26,076 a year, this home's property tax runs roughly 63% above the $16,000 typical for Oceanside Union Free School District. Nassau assessments run on a multi-year cycle, so the assessed value behind this bill can lag what the home actually sells for today. A sale does not automatically reset it, and exemptions such as STAR, Senior or Veteran move the number as well — a new owner's bill is often not the same as the seller's.

OneKey MLS (recorded LI sales, trailing 12mo) + actual tax

Listings courtesy of OneKey® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 11, 2026 4:30 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Rockville Centre Market Trend

Over the past 2 years, Rockville Centre's median sale price has been uneven, swinging between $328K and $1.11M from month to month — more a sign of a thin or mixed market than a steady, single-direction trend. Recently, homes have been selling in about 41 days. Part of why that median has moved unevenly month to month is mix shift — which property types happen to sell. The roughly $850K blended median combines very different types, so a stretch heavy on single-family (around $985K) versus one heavy on co-ops (around $360K) can swing the all-types figure on its own, independent of any change in value. Of 482 recent sales, single-family made up the largest share at about 63% with the highest median near $985K, co-ops about 28% near $360K, condos about 5% near $740K, multi-family (2-4 family) about 4% near $850K. Because co-ops, though not the most common, is priced far enough from the rest to pull the blend down, the blended figure tends to sit below the single-family median rather than above it — so a typical single-family house has tended to sell closer to $985K, roughly $135K over the headline number. These are past medians, not predictions or guarantees, and individual properties vary widely; anyone weighing a specific property should review current comparable sales for that property type.

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Looking for off-market opportunities or a property attorney's read on this listing? Contact Joseph DeVito — Lic. R.E. Associate Broker + NY-licensed real estate attorney.