2 Richmond Road #2A, Lido Beach, NY 11561

2 Richmond Road #2A, Lido Beach, NY 11561

$685,000 · 1 bed · 2 bath · 700 sq ft · built 1978 · MLS# 1052494 · Active

OCEANFRONT UNIT! Newly renovated one-bedroom residence at Lido Towers with direct Atlantic Ocean views! This bright residence features oversized windows, sliding doors opening to a large private terrace ideal for outdoor entertaining or peaceful oceanfront relaxation, integrated smart audio system for an immersive listening experience throughout the living and dining areas, and a spacious primary bedroom with an ensuite bath. Move-in ready and suitable for full-time living or a beach retreat. Lido Towers offers a full suite of amenities, including a 24-hour doorman, heated oceanfront pool with sun deck, private…

Condos in the Long Beach City School District sold for a median of $820,000 (typically $565,000–$1,075,000) across 103 recorded sales between Oct 14, 2025 and Oct 1, 2026, down 11.4% on the 12 months before. This home's $685,000 list price sits in the mid-market condo tier for the Long Beach City School District.

ZIP 11561 has about 5.4 months of condo inventory — balanced market. Supply and demand are roughly even, so buyers and sellers share leverage with fair, predictable pricing.

At about $4,300 a year, this home's property tax runs roughly 61% below the $11,000 typical for Long Beach City 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 4:30 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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Lido Beach Market Trend

Over the past 2 years, Lido Beach's market has held broadly steady — the median sale price has hovered around $833K, ranging from $650K to $1.08M month to month, with no sustained directional trend. Homes here have lately been going under contract in roughly 77 days. It's also worth noting that the roughly $825K blended median combines very different property types, so it may not describe any single one: of 805 recent sales, single-family made up the largest share at about 36% with the highest median near $933K, condos about 33% near $875K, co-ops about 22% near $455K, multi-family (2-4 family) about 9% near $910K. 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 $933K, roughly $108K over the headline number. 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.