53 Watts Place, Lynbrook, NY 11563

53 Watts Place, Lynbrook, NY 11563

$849,000 · 1,501 sq ft · built 1925 · MLS# 1050567 · Active

Beautiful, rare, meticulously maintained, legal two-family home in south Lynbrook in the Lynbrook school district. The first floor boasts 1 Bedroom, living room, formal dining room which could be converted into a second bedroom, 1 full bath with large full basement with washer dryer, and extra storage closets. Second floor features two bedrooms, 1 full bathroom plus walk up attic. Beautiful front porch to relax on. Separate, updated, gas HVAC systems. Great Investment Opportunity or live in part of the house while receiving rental income. Minutes away from 2 train…

Two-to-three-family homes in the Lynbrook Union Free School District sold for a median of $850,000 (typically $800,000–$945,000) across 23 recorded sales between Oct 6, 2025 and Sep 28, 2026.

ZIP 11563 has about 3.3 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 $19,536 a year, this home's property tax is in line with the roughly $18,000 typical for Lynbrook 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 2:30 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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Lynbrook Market Trend

The past 2 years in Lynbrook has been defined by stability: median sale prices have ranged only from $434K to $815K, holding near $722K without a single direction winning out. Recently, homes have been selling in about 48 days. It's also worth noting that the roughly $722K blended median combines very different property types, so it may not describe any single one: of 409 recent sales, single-family made up the largest share at about 60% with a median near $760K, co-ops about 19% near $320K, multi-family (2-4 family) about 13% near $840K, condos about 8% near $390K. 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 $760K, roughly $38K over the headline number, even though the higher-priced multi-family (2-4 family) in the mix pull the other way but at about 13% are too small a share to offset that drag. 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.