58 Roosevelt Place, Island Park, NY 11558

$999,000 · 5 bed · 3 bath · 1,712 sq ft · built 1956 · MLS# 1071381 · Active

Beautiful Fully Renovated 2 Family In The Village of Island Park For $999,000. A 2 Bedroom Apartment Over a 3 Bedroom Apartment Ready For A New Owner! Each Unit Has Its Own Washer/Dryer, Separate Entrances, Heating Systems & Much More! 1st Floor Has 3 Bedrooms With Primary Bedroom En-Suite Bathroom, A Perfect Place To Live & Rent the 2nd Floor! Move Right In! Like New Construction!

Two-to-three-family homes in the Island Park Union Free School District sold for a median of $800,000 (typically $765,000–$850,000) across 9 recorded sales between Nov 6, 2025 and Aug 10, 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 11558 has about 1.5 months of inventory — hot seller's market. Severe inventory shortage — homes sell fast and often draw multiple offers over asking, giving sellers maximum leverage.

At about $12,648 a year, this home's property tax runs roughly 15% above the $11,000 typical for Island Park 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