115 Madison Avenue, Franklin Square, NY 11010

$1,649,000 · 5 bed · 5 bath · 3,400 sq ft · built 2026 · MLS# 987178 · Active

New Construction expected October 2026! Spacious 5-bedroom, 4.5-bath home featuring a phenomenal, thoughtfully designed layout. Main level offers a living room, formal dining room, huge eat-in kitchen flowing into the family room with fireplace, powder room, plus a first-floor ensuite bedroom and full bath. Upstairs features a massive primary suite with two walk-in closets and ensuite bath, junior suite with private bath, two additional bedrooms, hall bath, and second-floor laundry. Full unfinished basement with exterior entrance offers endless potential. Attached 2-car garage. A must-see layout!

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 $1,649,000 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 $10,996 a year, this home's property tax is in line with the roughly $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