1485 Surprise Street, Elmont, NY 11003

1485 Surprise Street, Elmont, NY 11003

$800,000 · 1,444 sq ft · built 1936 · MLS# 1062140 · Active

GREAT INVESTMENT OPPURTUNITY !! 2 UNITS ON 1 TAXED PARCEL - LARGE PROPERTY -GREAT FOR NEW BUILD

Two-to-three-family homes in the Elmont Union Free School District sold for a median of $885,000 (typically $805,000–$985,000) across 12 recorded sales between Oct 24, 2025 and Sep 11, 2026.

ZIP 11003 has about 3.7 months of multi-family inventory — seller's market. Demand is outpacing supply, so homes sell quickly with firm pricing and limited room to negotiate.

At about $8,808 a year, this home's property tax runs roughly 27% below the $12,000 typical for Elmont 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 8:15 pm. 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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Elmont Market Trend

Comparing July through September 2026 with July through September 2025, the median sale price in Elmont has risen about 4%, from about $749K to $780K. Across the past 2 years, the monthly median has ranged between $495K and $920K. Homes took longer to sell: about 45 days on market, against 35 a year earlier.

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More homes nearby

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.