5 Elm Avenue, Floral Park, NY 11001

$1,450,000 · 4 bed · 3 bath · 2,510 sq ft · built 2026 · MLS# 1042484 · Active

Welcome to 5 Elm Avenue, an exceptional brand-new construction in the heart of Floral Park, thoughtfully designed to combine modern style, spacious living, and everyday comfort. This impressive four-bedroom, three-bathroom residence offers a bright, open-concept layout with beautiful wood flooring, recessed lighting, high ceilings, central air conditioning, and an effortless flow from room to room. The inviting main level features generous living and dining areas, perfect for relaxing, hosting guests, and creating lasting memories. At the center of the home is a stunning chef-inspired kitchen with crisp white cabinetry, elegant…

Single-family homes in the Floral Park-Bellerose Union Free School District sold for a median of $850,000 (typically $785,000–$980,000) across 90 recorded sales between Oct 6, 2025 and Oct 2, 2026, up 2.4% on the 12 months before. This home's $1,450,000 list price sits in the luxury single-family tier for the Floral Park-Bellerose Union Free School District.

ZIP 11001 has about 3.8 months of single family inventory — seller's market. Demand is outpacing supply, so homes sell quickly with firm pricing and limited room to negotiate.

At about $7,236 a year, this home's property tax runs roughly 52% below the $15,000 typical for Floral Park-Bellerose 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