Lynbrook, Lynbrook, NY 11563

$818,888 · 4 bed · 2 bath · 1,796 sq ft · built 1954 · MLS# 981027 · Active

Excellent income producing, 2 - two bedroom duplex apartments in the Village of Lynbrook with Malverne School District. Featuring updated roof, heating system converted to gas, and four car driveway. It is near small shops, public transportation, major roads, and schools. This home is fully occupied and ready to sell! Don't let this opportunity pass you by. Being sold where-is and as-is. No representations or warrantees being offered.

Two-to-three-family homes in the Malverne Union Free School District sold for a median of $850,000 (typically $845,000–$890,000) across 5 recorded sales between May 13, 2026 and Aug 21, 2026. Too small a sample to be statistically stable — that median rests on 5 recorded sales, so a single sale moves it substantially. Treat it as a starting point rather than a market reading.

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 $14,994 a year, this home's property tax is in line with the roughly $15,000 typical for Malverne 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