$840,000
PENDING

12 Olive Place Lynbrook, NY 11563

Estimated payment $6,200/month

Total Views 2,352
5 Beds
3 Baths
2,288 Sq Ft
$367 Price per Sq Ft

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Ceiling Fan
  • Lynbrook Senior High School Rated A
  • Eat-In Kitchen
  • Baseboard Heating

About This Home

Two-Family Home Fully Leased Through April 2026. Both units feature spacious apartments. Ideal for investors seeking steady rental income or an owner-user looking for future flexibility. A great opportunity in a desirable location! The First Floor Unit has an EIK, L Shaped Dining Area Open to Living Room, 3 Bedrooms 2 Full Bathrooms, Rec Room in basement, Hardwood Flooring throughout first floor. Second Floor Unit: Private Entrance, EIK, Open Concept Living and Dining Room, 2 Bedrooms, 1 Bath With Hardwood Floors Throughout. Laundry Available on Site in Basement. Private Driveway and 2 Car Detached Garage. Attic Space for Extra Storage. Tenants responsible for electric, heat, garbage removal and snow removal.

Listing Agent

Jaime Pompa-Jamin

JPJ Beneficial R E Group LLC Brokerage Phone: 516-855-4593 License #10491201012 Listed on: 07/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,697

Year Built

  • Built in 1959

Lot Details

  • 5,978 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Schools

  • Marion Street Elementary School
  • Lynbrook South Middle School
  • Lynbrook Senior High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Private Water Source

Community Details

  • 2 Units
  • 3 Separate Electric Meters

Listing and Financial Details

  • Assessor Parcel Number 2025-42-127-00-0353-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,697

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Duplex
  • Property Condition: Actual
  • Year Built: 1959
  • Attribution Contact: 516-855-4593
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Trash Collection Private
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Lynbrook South Middle School

Lot Info

  • Lot Size Acres: 0.1372
  • Lot Size Sq Ft: 5978
  • Building Area Total: 2288
  • Parcel Number: 2025-42-127-00-0353-0
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3

Tax Info

  • Tax Annual Amount: 20697
  • Tax Year: 2024

MLS Schools

  • Elementary School: Marion Street School
  • High School: Lynbrook Senior High School
  • Middle School District: Lynbrook

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,378 $635 $234 $401
2024 $1,378 $635 $234 $401
2023 $13,686 $635 $234 $401
2022 $13,686 $635 $234 $401
2021 $19,706 $619 $219 $400
2020 $13,173 $837 $552 $285
2019 $12,952 $837 $552 $285
2018 $11,996 $837 $0 $0
2017 $9,400 $837 $552 $285
2016 $10,610 $837 $448 $389
2015 -- $837 $448 $389
2014 -- $837 $448 $389
2013 $1,406 $1,032 $552 $480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Pending -- -- --
07/31/2025 07/31/25 Off Market $840,000 -- --
07/22/2025 07/22/25 For Sale $840,000 -- $367 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Advantage Title
Deed $226,000 --
Source: Public Records

Source: OneKey® MLS

MLS Number: 892145

OneKey® MLS

APN: 2025-42-127-00-0353-0