Legal 2-Family Home Located In The Heart Of The Highly Desirable Gibson Section Of Valley Stream. Whether You're Looking For An Investment Opportunity Or A Home With Income-Producing Potential, This Property Offers Exceptional Versatility. The First-Floor Unit Features A Spacious One-Bedroom Layout With A Large Living Room, Eat-In Kitchen With Access To The Backyard, And A Full Basement With A Separate Side Entrance, Offering Abundant Storage And Endless Possibilities. The Second-Floor Unit Features A Comfortable One-Bedroom Layout With Access To A Large Walk-Up Attic, Perfect For Additional Storage Or Future Expansion (With Proper Permits). Conveniently Located Just 0.3 Miles From The Gibson LIRR Station For An Easy Commute To NYC And Approximately 6 Miles From JFK Airport. Enjoy Close Proximity To Parks, Shopping, Restaurants, Schools, And Major Roadways. A Rare Opportunity To Own A Legal 2-Family Home In One Of Valley Stream's Most Sought-After Neighborhoods.
For sale
$799,000
50 Elgin Road, Valley Stream, NY 11581
2beds
1,640sqft
Duplex, Multi Family
Built in 1928
-- sqft lot
$-- Zestimate®
$487/sqft
$-- HOA
What's special
Spacious one-bedroom layout
- 6 days |
- 986 |
- 50 |
Zillow last checked:
Listing updated:
Listed by:
HomeSmart Premier Living Rlty 516-535-9692,
Julie Calabrese CBR 516-860-7639,
Daniel Coscia CBR 646-643-7294,
HomeSmart Premier Living Rlty
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1019862
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: In Basement
Features
- First Floor Bedroom, Granite Counters, Natural Woodwork, Original Details
- Flooring: Carpet, Hardwood
- Basement: Full,Storage Space,Walk-Out Access
Interior area
- Total structure area: 1,640
- Total interior livable area: 1,640 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Garage
- Garage spaces: 1
- Has uncovered spaces: Yes
Lot
- Size: 4,300 Square Feet
Details
- Parcel number: 2035390470000280
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Duplex, Multi Family
Materials
- Frame
Condition
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Location
- Region: Valley Stream
Financial & listing details
- Price per square foot: $487/sqft
- Tax assessed value: $489
- Annual tax amount: $12,904
- Date on market: 6/30/2026
- Cumulative days on market: 6 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Listed for sale | $799,000$487/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #1019862 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $489 |
| 2023 | -- | $489 |
| 2022 | -- | $489 |
| 2021 | $8,032 +2.8% | -- |
| 2020 | $7,816 +20.9% | $791 |
| 2019 | $6,467 | $791 |
| 2018 | $6,467 -0.3% | $791 |
| 2017 | $6,485 +9.4% | $791 |
| 2016 | $5,929 +274.7% | $791 |
| 2015 | $1,583 +8.4% | $791 |
| 2013 | $1,460 +4.1% | $791 |
| 2012 | $1,402 -66.8% | $791 -1% |
| 2011 | $4,219 -1.5% | $799 -11.2% |
| 2010 | $4,281 | $900 -19.6% |
| 2009 | -- | $1,119 +2% |
| 2008 | -- | $1,097 +6% |
| 2006 | -- | $1,035 -35.5% |
| 2005 | -- | $1,604 -39.6% |
| 2004 | -- | $2,655 |
| 2003 | -- | $2,655 -42.3% |
| 2002 | -- | $4,600 |
| 2001 | -- | $4,600 |
| 2000 | -- | $4,600 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 11581
Nearby schools
GreatSchools rating
- 6/10William L Buck SchoolGrades: K-6Distance: 0.4 mi
- 7/10Valley Stream South High SchoolGrades: 7-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: William L Buck School
- Middle: Valley Stream Memorial Junior High School
- High: Valley Stream South High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Nassau County
- Valley Stream
- 11581
- 50 Elgin Road
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