53 Earle Ave, Lynbrook, NY 11563
For Sale
$510,000
Configured for two households in Lynbrook, the residence is being offered through an online auction.
Property Size2,211 SF
Price / SF$230.66
Days on Market17
Property Features for 53 Earle Ave
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Building Details
Year Built
Listing Agency:
David R Maltz And Co Inc
Listed By:
Sandi Polinsky
(516) 349-7022
Source:
Searchhomesinlongisland
Added: Oct 23
Changed: Nov 7
Last Checked: Nov 7 at 5:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of David R Maltz And Co Inc
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Investment Insights
Based on property information with market context.
The two-family residence at 53 Earle Ave in Lynbrook contains 2,211 square feet and dates to 1913. The property is being sold as-is through an online auction. Bidding is scheduled to open November 11, 2026, at 12 PM and close November 13, 2026, at 12 PM, approximately; registration closes November 12, 2026, at 4 PM.
Key Highlights
- Two‑family residence at 53 Earle Ave, Lynbrook, NY 11563
- 2,211 square feet
- Built in 1913
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,122
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$842,440
$842.4K
Cap Rate 7%
$601,743
$601.7K
Cap Rate 9%
$468,022
$468.0K
Market Conditions
NOI Build-Up for 2,211 SF
Gross rent
$63.7K $28.80/SF
− Vacancy
−$3.5K −$1.58/SF
EGI
$60.2K $27.22/SF
− OpEx
−$18.1K −$8.16/SF
NOI
$42.1K $19.05/SF
Area
Nassau County, NY
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$842,440
Cap Rate 7%
$601,743
Cap Rate 9%
$468,022
Alternative Uses
Best Use
Multifamily LT 5
$601.7K
$526.5K – $702.0K
NOI $42,122 @ 7.0% cap · market cap 8.26%
Second Best
Apartment 5plus
$563.4K
$493.0K – $657.3K
NOI $39,439 @ 7.0% cap · market cap 7.73%
Theoretical Best
Specialty Retail
$1.46M
$1.28M – $1.71M
NOI $102,331 @ 7.0% cap · market cap 20.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,075
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Duplexes in Nassau County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Configured for two households in Lynbrook, the residence is being offered through an online auction.
Where is this duplex located?
The property is located at 53 Earle Ave Lynbrook, NY.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Two‑family residence at 53 Earle Ave, Lynbrook, NY 11563; 2,211 square feet; Built in 1913
