$899,888

00 Unknown Malverne, NY 11565

Estimated payment $5,540/month

Total Views 395
3 Beds
2 Baths
1,796 Sq Ft
$501 Price per Sq Ft

Highlights

  • Hot Property
  • Open Floorplan
  • Property is near public transit and bus stop
  • Maurice W. Downing Primary K-2 School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

Buyer agents: Schedule all showings via ShowingTime. No ShowingTime account? Call Showingtime with the address or MLS#. Thank you......Newly Renovated Legal Two-Family Home in Malverne - Rare Assumable Mortgage Opportunity at 2.8%---- Discover this beautifully updated 1,796 sq. ft. legal two-family home in the desirable Village of Malverne... Thoughtfully renovated with modern comforts while preserving classic charm, this property offers an exceptional blend of income potential, flexible living options, and outstanding financing---- The home features 3 bedrooms and 2 full baths across both units, plus a full, unfinished basement for storage and a 1.5-car garage. Both units boast updated kitchens, freshly painted interiors, and gleaming refinished hardwood floors. A cozy fireplace adds warmth and character to the living space, making this home as inviting as it is practical. Income & Flexibility---- The upstairs unit is currently rented at $2,400/month* The second unit can be rented for approximately $2,900/month* The property can be delivered vacant at closing* Standout Highlights::: Recently painted exterior* Private backyard* Quiet mid-block location on a tree-lined street* Strong community feel with easy access to LIRR, shops, restaurants, and parks* Outstanding Financing Opportunity::: This is a rare chance to assume an existing $350,000 mortgage at just 2.8% - well below current market rates. Qualified buyers can take advantage of this low-interest loan and simply cover the difference between the loan balance and the purchase price--- Whether you're an investor looking for high rental income or a homeowner wanting to live in one unit while offsetting your mortgage with rental income from the other, this updated Malverne two-family home is a standout opportunity.... Schedule your private showing today and see everything this exceptional property has to offer!

Listing Agent

Joseph Lombardo

LOMBARDO HOMES & ESTATES Listed on: 05/23/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,038

Year Built

  • Built in 1932 | Remodeled in 2025

Lot Details

  • 6,700 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Masonry Siding
  • Stucco

Interior Spaces

  • 1,796 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • 1 Fireplace

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio
  • Outbuilding
  • Porch

Location

  • Property is near public transit and bus stop

Utilities

  • Heating System Uses Oil
  • Radiant Heating System
  • Water Heater

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,038

Year Built

Built in 1932 | Remodeled in 2025

Lot Details

6,700 Sq Ft Lot

Parking

2

Listing Details

  • Basement Walkout: Yes
  • ExteriorFence: Yes
  • ExteriorOpenPorch: Yes
  • ExteriorPatio: Yes
  • FloorHardwood: Yes
  • FloorTile: Yes
  • HamletID: 0
  • HeatFuelOil: Yes
  • HeatTypeRadiant: Yes
  • KitchenCounterType: Granite
  • LandRentAmount: 0
  • Lot Size Acres: 0.15
  • NearBus: Yes
  • NearTrain: Yes
  • Number Of Stories: 2
  • OutbuildingGeneral: Yes
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: MALVERNE
  • PropertyTownship: Hempstead
  • Prop. Type: Multi-Unit (2-4)
  • RenovationComments: Newly Renovated Legal Two-Family Home in Malverne - Rare Assumable Mortgage Opportunity at 2.8%---- Discover this beautifully updated 1,796 sq. ft. legal two-family home in the desirable Village of Malverne...
  • Renovation Year: 2025
  • ResidentialStyle: Colonial
  • RoofAsphalt: Yes
  • Room for Pool: Yes
  • SForSaleAndRForRental: S
  • SidingMasonry: Yes
  • USStateAbbreviation: NY
  • WaterSourceType: Municipal
  • Year Built: 1932
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Renovated: 2025

Interior Features

  • ApplianceDishwasher: Yes
  • ApplianceDryer: Yes
  • ApplianceHotWaterHeater: Yes
  • ApplianceMicrowave: Yes
  • ApplianceOven: Yes
  • ApplianceRefrigerator: Yes
  • ApplianceStainlessSteel: Yes
  • ApplianceWasher: Yes
  • Basement Type: Full
  • BasementUnfinished: Yes
  • Kitchen Type: Open
  • Fireplaces: 1
  • AboveArea Sq Ft: 1796

Exterior Features

  • Construction Type: Masonry - Stucco

Garage/Parking

  • AttachedParking: 0
  • Driveway: Yes
  • Garage Type: Detached
  • Numberof Garage Spaces: 2

Utilities

  • Sewer Type: Municipal

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Schools

  • School District: 000000

Lot Info

  • Lot Size Sq Ft: 6700
  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 3
  • Total Taxes: 8038

Tax Info

  • Tax Year: 0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2026 05/23/26 For Sale $900,000 -- $501 / Sq Ft
Source: NY State MLS

Source: NY State MLS

MLS Number: 11780782

NY State MLS
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