81 Franklin Street, Elmont, NY 11003

$989,888 · 3 bed · 2 bath · 1,636 sq ft · built 1949 · MLS# 1042208 · Active

Set on an oversized 50x100 lot in a prime, convenient location, this well-maintained legal two-family is perfect for investors or owner-occupants alike. The 1st floor unit features 2 bedrooms, a beautifully renovated full bath, an eat-in-kitchen, and a comfortable living room. The 2nd floor unit offers 1 bedroom, a full bath, living room and eat-in-kitchen. A full finished basement with separate entrance adds valuable extra space, while the charming front porch, detached 2-car garage, and private driveway round out the exterior. All just minutes from shopping, schools, and public transportation.…

Two-to-three-family homes in the Elmont Union Free School District sold for a median of $885,000 (typically $805,000–$985,000) across 12 recorded sales between Oct 24, 2025 and Sep 11, 2026.

ZIP 11003 has about 2.8 months of multi-family inventory — seller's market. Demand is outpacing supply, so homes sell quickly with firm pricing and limited room to negotiate.

At about $11,558 a year, this home's property tax is in line with the roughly $12,000 typical for Elmont 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