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Victorian Triplex with Unfinished Basement
For Sale
$828,000
Pending

38 Wood Street, Lynbrook, NY 11563

Residential Income, Lynbrook, NY

Property SizeContact for details
Lot Size0.20 Acres
Days on Market113

Property Features for 38 Wood Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bedroom 3, Bathroom 1, Basement, Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 2
Parking features Garage, Oversize, Driveway
Basement Unfinished
Elementary school West End School
Middle school Lynbrook North Middle School
High school Lynbrook Senior High School
Elementary school district Lynbrook
Middle school district Lynbrook
High school district Lynbrook
Directions Peninsula Blvd to Lyon to 38 Wood Street Lynbrook
Standard status Pending
APN 2025-37-504-00-0566-0
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 22250

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Oil
Water source Public

Amenities

dedicated laundry area

Building Details

Year built 1915
Number of units 3
Building materials Vinyl Siding
Architectural style Victorian
Listing Agency: Becker Realty Services Inc
Listed By: Lisa A. Fava
Added: May 12 Changed: Aug 20 Last Checked: Sep 1 at 3:06AM
MLS# 998501

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1915, this Victorian-style triplex contains three residential apartments. The first and second units each include two bedrooms, a living room, an eat-in kitchen, and a full bathroom. The third apartment provides one bedroom, a living room, an eat-in kitchen, and a full bathroom. A full unfinished basement adds storage or utility space and includes high ceilings with a dedicated laundry area.

The property sits on 0.2032 acres and features vinyl siding, oil heat, public water, public sewer, cable availability, a garage, an oversized parking area, and a driveway. Long Island Rail Road service, restaurants, a community pool, and other local amenities are located nearby. The three-unit configuration supports multifamily ownership for an investor or owner occupant.

Key Highlights

  • Three‑family property with two two‑bedroom apartments and one one‑bedroom apartment
  • 0.2032‑acre lot with garage, oversized parking, and driveway
  • Full unfinished basement with high ceilings and dedicated laundry area

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Hotel & Motel Clothing & Fashion Store Travel Agency Supermarket (Bike/Boat/Book/etc) Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,599
Businesses Nearby

Demographics for 11563, NY

23,349
Population
8,088
Households
2.9
Avg Household Size
43
Median Age
44%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
10,152
Density / Sq Mi
$138,006
Median Household Income
$65,565
Median Earnings
$2,173
Median Rent
$595,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units offer separate kitchens, living spaces, bedrooms, and full bathrooms within one multifamily property.
Where is this triplex located?
The property is located at 38 Wood Street Lynbrook, NY.
What is the asking price?
The asking price for this property is $828,000.
What are key features of this property?
This property features: Three‑family property with two two‑bedroom apartments and one one‑bedroom apartment; 0.2032‑acre lot with garage, oversized parking, and driveway; Full unfinished basement with high ceilings and dedicated laundry area
More about this property
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