940 Southern Drive, Franklin Square, NY 11010

$1,799,990 · 6 bed · 5 bath · 3,500 sq ft · built 2026 · MLS# 1054669 · Active

Stunning modern brand-new 2026 construction in the heart of Franklin Square featuring 6 bedrooms and 5 full bathrooms. Highlights include high ceilings, a formal dining room, family room, and a chef’s kitchen with a copper ceiling and two-tone cabinetry. The second floor features a primary suite with a full master bathroom. Complete with a full high-ceiling basement with outside entrance (OSE), central heating/cooling, lawn sprinkler system, 2-car driveway, stucco front, and a private backyard for barbecues. Close to highways, schools, and shopping.

Single-family homes in the Valley Stream Union Free School District 13 sold for a median of $799,000 (typically $730,000–$850,000) across 179 recorded sales between Oct 7, 2025 and Oct 1, 2026, up 6.7% on the 12 months before. This home's $1,799,990 list price sits in the luxury single-family tier for the Valley Stream Union Free School District 13.

ZIP 11010 has about 2.5 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 $8,000 a year, this home's property tax runs roughly 33% below the $12,000 typical for Valley Stream Union Free School District 13. 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