72 Caroline Avenue, Franklin Square, NY 11010
$1,849,999 · 6 bed · 7 bath · 5,100 sq ft · built 2026 · MLS# 960398 · Active
Welcome to this stunning brand-new construction home located in the heart of Franklin Square, offering the perfect blend of modern luxury, energy efficiency, and spacious living. Situated on a 6,000 sq ft lot, this beautifully designed residence features approximately 5100 sq ft of living space, thoughtfully crafted for comfort and style. This impressive home boasts 6 spacious bedrooms and 5 full bathrooms, providing ample space for large families and guests. The open-concept layout is highlighted by a bright and airy living area, elegant dining space, and a designer kitchen equipped…
Single-family homes in the Franklin Square Union Free School District sold for a median of $800,000 (typically $735,000–$880,000) across 139 recorded sales between Oct 8, 2025 and Oct 2, 2026, up 1.3% on the 12 months before. This home's $1,849,999 list price sits in the luxury single-family tier for the Franklin Square Union Free School District.
ZIP 11010 has about 2.5 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 $8,351 a year, this home's property tax runs roughly 24% below the $11,000 typical for Franklin Square 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 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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Franklin Square Market Trend
The past 2 years in Franklin Square has been defined by stability: median sale prices have ranged only from $701K to $1.11M, holding near $800K without a single direction winning out. Recently, homes have been selling in about 38 days.
Considering Franklin Square? Explore the Franklin Square community guide →
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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.
