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Legal Two-Family Colonial
For Sale
$950,000
Pending

547 N 11th Street, New Hyde Park, NY 11040

Residential Income, New Hyde Park, NY

Property SizeContact for details
Days on Market50

Property Features for 547 N 11th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Basement, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3
Parking features Driveway
Interior features First Floor Full Bath, Eat-in Kitchen
Fireplace 1
Basement Full
Elementary school New Hyde Park Road School
Middle school New Hyde Park Memorial High School
High school New Hyde Park Memorial High School
Elementary school district New Hyde Park-Garden City Park
Middle school district Sewanhaka Central
High school district Sewanhaka Central
Standard status Pending
APN 2227-08-099-00-0182-0

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 15346

Utilities

Sewer type Public Sewer
Heating system Oil
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1932
Number of units 2
Architectural style Colonial
Listing Agency: Coldwell Banker American Homes · Coldwell Banker Real Estate
Listed By: Thomas J. Nails
Added: Aug 5 Changed: Sep 12 Last Checked: Sep 23 at 7:06PM
MLS# 1035509

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 Colonial, built in 1932, provides a multi-level residential layout with distinct living areas. The first floor includes a living room, formal dining room, eat-in kitchen, and full bathroom. A second kitchen and living room are located on the upper level, with two bedrooms on that floor and two more bedrooms on the third floor. The full basement offers storage and additional usable space.

Exterior features include a private backyard, long driveway, and detached two-car garage with a loft that can serve as supplemental storage or workspace. Public water and public sewer support the property, while oil heating and window or wall/window air-conditioning units are installed. Shopping, restaurants, the LIRR, parks, schools, and major highways are located minutes away.

Key Highlights

  • Legal two‑family residence in New Hyde Park
  • Four bedrooms across the upper and third floors
  • Two kitchens, including an eat‑in kitchen on the first floor

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Daycare Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Hotel & Motel Travel Agency

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

1,451
Businesses Nearby

Demographics for 11040, NY

43,075
Population
14,608
Households
2.9
Avg Household Size
45
Median Age
56%
College-Educated
92%
High-School Grad
4.8 sq mi
ZIP Area
8,974
Density / Sq Mi
$153,511
Median Household Income
$70,649
Median Earnings
$2,388
Median Rent
$795,300
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 kitchens, a full basement, private yard, and detached garage add practical space to this residential income property.
Where is this duplex located?
The property is located at 547 N 11th Street New Hyde Park, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Legal two‑family residence in New Hyde Park; Four bedrooms across the upper and third floors; Two kitchens, including an eat‑in kitchen on the first floor
More about this property
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