62 Peterson Place, Lynbrook, NY 11563

$799,000 · 4 bed · 2 bath · 1,644 sq ft · built 1925 · MLS# 1063079 · Coming Soon

Situated on a quiet residential street in Lynbrook, this legal two-family home offers versatility, comfort, and excellent investment potential.

Two-to-three-family homes in the Lynbrook Union Free School District sold for a median of $850,000 (typically $800,000–$950,000) across 20 recorded sales between Oct 31, 2025 and Sep 28, 2026, up 5.3% on the 12 months before.

ZIP 11563 has about 2.2 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 $12,044 a year, this home's property tax runs roughly 33% below the $18,000 typical for Lynbrook 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 19, 2026 11:15 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.

Personal-use terms and which listings this site shows: MLS & Data Disclosures

Two-to-three-family price trend · Lynbrook Union Free School District

Two-to-three-family homes in the Lynbrook Union Free School District sold for a median of $850,000 across 20 recorded sales between Oct 31, 2025 and Sep 28, 2026, up 5.3% on the median of the 12 months before. This is a year-over-year comparison of recorded sales, not a forecast.

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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.