111 Cherry Valley Avenue #PH4, Garden City, NY 11530

111 Cherry Valley Avenue #PH4, Garden City, NY 11530

$2,499,000 · 3 bed · 4 bath · 3,115 sq ft · built 1989 · MLS# 1040775 · Active

Enjoy luxury living at its finest in this gracious 3-bedroom, 4-bath Wyndham penthouse. From the moment you enter, the sophisticated design, elegant details, and exceptional living spaces are immediately apparent. A striking marble foyer welcomes you into a spectacular living room featuring a wood-burning fireplace, tray ceilings, and an abundance of natural light. A versatile den features pocket doors, custom millwork, and artful built-in bookcases. The custom kitchen is appointed with a brand-new tile floor and high-end appliances, including a new Sub-Zero refrigerator, double wall ovens, warming drawer, and large…

Condos in the Garden City Union Free School District sold for a median of $955,000 (typically $755,000–$1,275,000) across 24 recorded sales between Nov 12, 2025 and Sep 10, 2026, up 6.2% on the 12 months before.

ZIP 11530 has about 2.3 months of condo inventory — seller's market. Demand is outpacing supply, so homes sell quickly with firm pricing and limited room to negotiate.

At about $23,583 a year, this home's property tax runs roughly 162% above the $9,000 typical for Garden City 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 10, 2026 9:45 pm. 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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Garden City Market Trend

Over the past 2 years, Garden City has strengthened — the median sale price has risen roughly 13% year over year to around $1.43M, and homes have generally been selling faster. Conditions continue to favor sellers; if the trend holds, prices could keep firming.

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