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Legal Two-Family Duplex
For Sale
$875,000

485 Peninsula Boulevard, Lynbrook, NY 11563

Residential Income, Lynbrook, NY

Property SizeContact for details
Lot Size0.11 Acres
Days on Market48

Property Features for 485 Peninsula Boulevard

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 1, Basement, Bedroom 2, Bedroom 3
Parking 4
Parking features Driveway
Interior features First Floor Bedroom, First Floor Full Bath
Basement Unfinished
Elementary school Hewlett Elementary School
Middle school Woodmere Middle School
High school George W Hewlett High School
Elementary school district Hewlett-Woodmere
Middle school district Hewlett-Woodmere
High school district Hewlett-Woodmere
Standard status Active
APN 2025-42-210-01-0111-0
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 16210

Utilities

Sewer type Public Sewer
Heating system Baseboard, Natural Gas
Cooling system Wall/Window Unit(s), Window Unit(s), Central Air
Water source Public

Amenities

private deck
sunroom
closed off front porch

Building Details

Year built 1949
Number of units 2
Building materials Brick, Vinyl Siding
Listing Agency: Serhant LLC
Listed By: James Kogut
Added: Aug 6 Changed: Sep 22 Last Checked: Sep 22 at 5:06PM
MLS# 1035956

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.

This legal two-family duplex offers separate entrances for each residence and a total of 4 bedrooms and 2 bathrooms. The upper 2-bedroom unit was fully renovated 2 years ago and includes a private deck. The lower 2-bedroom unit features a sunroom, an enclosed front porch, and access to a full-footprint basement. The property was built in 1949 and includes brick and vinyl siding construction, public water, and public sewer.

The basement is currently arranged with a workshop, dark room, laundry room, and storage areas. A detached 2-car garage and driveway provide on-site parking, while first-floor bedroom and full-bath features add flexibility to the layout. The 0.1148-acre parcel is located in Lynbrook, NY, within the Hewlett-Woodmere schools area.

Key Highlights

  • Legal 2‑family property with separate entrances
  • 4 bedrooms and 2 bathrooms across two 2‑bedroom units
  • Upper unit fully renovated 2 years ago with private deck

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Hotel & Motel Nursing Home Pet Store (Bike/Boat/Book/etc) Store Pet Store & Service Carpet & Flooring Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,065
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Separate entrances, a detached garage, and flexible lower-level space support owner-occupant or rental use.
Where is this duplex located?
The property is located at 485 Peninsula Boulevard Lynbrook, NY.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Legal 2‑family property with separate entrances; 4 bedrooms and 2 bathrooms across two 2‑bedroom units; Upper unit fully renovated 2 years ago with private deck
More about this property
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