40 Cambridge Avenue, Garden City, NY 11530

40 Cambridge Avenue, Garden City, NY 11530

$1,100,000 · 3 bed · 2 bath · 1,345 sq ft · built 1929 · MLS# 1061812 · Active

Welcome to 40 Cambridge Avenue, a charming Colonial set in in the Western Section of Garden City. Original mahogany inlaid wood floors greet you as you enter, followed by a spacious living room with wood burning fireplace and large, sun filled windows. The comfortable layout offers a formal dining room, kitchen with granite countertops and powder room. Off of the back sliding doors is an oversized Trex deck, and extra deep yard with detached one car garage. The second floor has three bedrooms and classic marble bathroom. The walk up…

Single-family homes in the Garden City Union Free School District sold for a median of $1,470,000 (typically $1,220,000–$1,915,000) across 166 recorded sales between Oct 7, 2025 and Oct 2, 2026, down 2.6% on the 12 months before. This home's $1,100,000 list price sits in the entry single-family tier for the Garden City Union Free School District.

ZIP 11530 has about 2.4 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 $13,314 a year, this home's property tax runs roughly 30% below the $19,000 typical for Garden City 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 13, 2026 12:30 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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Garden City Market Trend

Over the past 2 years, Garden City has strengthened — the median sale price has risen roughly 13% year over year to around $1.43M, and homes have generally been selling faster. Conditions continue to favor sellers; if the trend holds, prices could keep firming.

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