1986 Oakwood Avenue, Merrick, NY 11566

1986 Oakwood Avenue, Merrick, NY 11566

$1,049,999 · 6 bed · 2 bath · 2,272 sq ft · built 1983 · MLS# 1060673 · Coming Soon

Welcome to 1986 Oakwood Avenue! This spacious Legal 2-Family property presents an exceptional opportunity for investors and owner-occupants alike, offering 2,276 square feet of living space (excluding the basement) and an impressive $6,200 monthly rent roll! Each of the two units features a generous 3-bedroom, 1-bathroom layout, with the first-floor unit having undergone renovations within the last few years. The property also boasts a full finished basement with a separate outside entrance, providing additional versatile space. Numerous updates and features add to the property's appeal, including all-new windows installed by…

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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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Merrick Market Trend

Over the past 2 years, Merrick has strengthened — the median sale price has risen roughly 9% year over year to around $886K, and homes have generally been selling faster. That combination points to conditions favoring sellers — and if it continues, further firming is possible.

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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.