$949,000
PENDING

Estimated payment $5,839/month

Total Views 2,787
4 Beds
2 Baths
1,756 Sq Ft
$540 Price per Sq Ft

Highlights

  • Private Lot
  • Eat-In Kitchen
  • Property is near schools
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Landscaped

About This Home

Welcome to 32 Fifth Street, Valley Stream!
This beautifully updated legal 2-family home offers an incredible opportunity for both investors and end-users. Featuring a 2-bedroom apartment over a 2-bedroom apartment, the home has been extensively renovated within the last 5 years and has been meticulously maintained throughout. The upper unit is currently rented at $2,400/month (under-market), and the lower unit has strong rental potential of approximately $4,000/month, making this an ideal income-producing property. This home is sitting on a 7500 square foot lot with a private backyard that's perfect for gardening and/or entertaining. Located just moments from the LIRR, schools, parks, and shops, this home provides unmatched convenience while sitting on a quiet residential block. Whether you're looking to live in one unit and rent the other, or expand your investment portfolio, this property offers exceptional value and long-term upside. A must-see opportunity in the heart of Valley Stream!

Listing Agent

Nicholas Sforza

Manhasset Sands Point Realty Brokerage Phone: 516-314-7120 License #10491211500 Listed on: 12/05/2025

Co-Listing Agent

Brandon Fernandes

Manhasset Sands Point Realty Brokerage Phone: 516-314-7120 License #10401393577

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,116

Year Built

  • Built in 1898

Lot Details

  • 7,350 Sq Ft Lot
  • Lot Dimensions are 50 x 149
  • Landscaped
  • Private Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Duplex
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Finished Basement

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

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Additional Features

  • Eat-In Kitchen
  • Property is near schools

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,116

Year Built

Built in 1898

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Property Condition: Updated/Remodeled
  • Year Built: 1898
  • Attribution Contact: 516-314-7120
  • Co List Office Mls Id: KEYNISF01
  • Co List Office Phone: 516-314-7120
  • Carport Y N: No
  • CurrentPrice: 949000.00
  • MlsMajorChangeType: Pending
  • ListPrice_By_OriginalListPrice: 1.00000
  • CurrentPrice_By_BuildingAreaTotal: 540.43280
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Open Kitchen, Quartz/Quartzite Counters
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 4
  • Fireplace: No
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Spa: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Driveway, Garage

Utilities

  • Cooling: Ductless
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Dimensions: 50 x 149
  • Lot Size Sq Ft: 7350
  • Lot Features: Back Yard, Landscaped, Near School, Private
  • Property Attached: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 11116
  • Tax Year: 2025

MLS Schools

  • Middle School District: Valley Stream Central

Map

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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 $3,638 $540 $245 $295
2024 $1,665 $540 $245 $295
2023 $3,638 $540 $245 $295
2022 $3,638 $540 $245 $295
2021 $3,752 $517 $235 $282
2020 $8,800 $863 $581 $282
2019 $1,027 $863 $581 $282
2018 $7,179 $863 $0 $0
2017 $6,360 $863 $581 $282
2016 $7,274 $863 $581 $282
2015 $854 $863 $581 $282
2014 $854 $863 $581 $282
2013 $803 $863 $581 $282
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2025 12/29/25 Pending -- -- --
12/05/2025 12/05/25 For Sale $949,000 -- $540 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Multiple
Deed -- Judicial Title
Deed -- Judicial Title
Deed -- Judicial Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed -- --
Deed -- --
Source: Public Records

Source: OneKey® MLS

MLS Number: 941120

OneKey® MLS

APN: 2035-39-027-00-0016-0