501 Broadway, Lawrence, NY 11559

$3,900,000 · 8 bed · 6 bath · 4,938 sq ft · built 1937 · MLS# 1046946 · Active

Welcome to this stately center hall brick Colonial, beautifully situated on .51 acres and set well back from Broadway, offering privacy and mature, manicured grounds. A private driveway on Briarwood accommodates approximately six cars and leads to a two-car garage. Step inside to a grand entrance foyer featuring an elegant sweeping staircase, hardwood floors and spacious, sun-drenched rooms throughout. Two staircases provide access to the second level. The gracious living room is highlighted by a beautiful fireplace, adding warmth and character to the home. The first floor offers two bedrooms,…

Single-family homes in the Lawrence Union Free School District sold for a median of $1,300,000 (typically $1,050,000–$1,955,000) across 127 recorded sales between Oct 6, 2025 and Sep 28, 2026, up 2.4% on the 12 months before. This home's $3,900,000 list price sits in the luxury single-family tier for the Lawrence Union Free School District.

ZIP 11559 has about 5.6 months of single family inventory — balanced market. Supply and demand are roughly even, so buyers and sellers share leverage with fair, predictable pricing.

At about $23,595 a year, this home's property tax runs roughly 97% above the $12,000 typical for Lawrence 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