70 Rockaway Parkway, Valley Stream, NY 11580

$869,000 · 4 bed · 2 bath · 1,545 sq ft · built 1926 · MLS# 1058015 · Active

Welcome to this legal two-family home conveniently located in Valley Stream. Each unit features 2 bedrooms, 1 full bath, a kitchen, and comfortable living space. The property also offers a full basement with a separate entrance, bathroom, and additional bonus space, along with a finished attic providing additional storage. Conveniently located near shopping, parks, schools, and transportation. Property is being sold As-Is. Schedule a showing to explore the possibilities this property offers.

Two-to-three-family homes in the Valley Stream Union Free School District 13 sold for a median of $930,000 (typically $860,000–$950,000) across 9 recorded sales between Oct 16, 2025 and Sep 15, 2026. Too small a sample to be statistically stable — that median rests on 9 recorded sales, so a single sale moves it substantially. Treat it as a starting point rather than a market reading.

ZIP 11580 has about 5.7 months of multi-family inventory — balanced market. Supply and demand are roughly even, so buyers and sellers share leverage with fair, predictable pricing.

At about $8,785 a year, this home's property tax runs roughly 32% below the $13,000 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