For sale

Price cut: $100K (7/10)

$699,000

49 Hempstead Avenue, Malverne, NY 11565

2beds

1,390sqft

Single Family Residence, Residential

Built in 1875

0.34 Acres Lot

$-- Zestimate^®

$503/sqft

$-- HOA

What's special

Charming farmhouseAdditional outbuildingDetached two-car garageOversized lotExpansive propertyTree-lined streets

Unique opportunity to own a charming farmhouse set on an oversized lot in the heart of Malverne! This 2-bedroom home is full of character and offers endless possibilities to make it your own. Featuring a detached two-car garage and an additional outbuilding, the expansive property provides exceptional space for hobbies, storage, gardening, entertaining, or future possibilities (with proper permits). Let your imagination bring this special property to life. Ideally located just moments from the charming Village of Malverne, you'll enjoy easy access to local boutiques, restaurants, cafe's, parks, and the LIRR for a convenient commute. Known for its tree-lined streets, welcoming community, and small-town charm, Malverne offers the perfect blend of suburban tranquility and everyday convenience. Don't miss this rare opportunity to create the home you've always envisioned! ***New furnace 2024*** ***House being sold as is***

21 days

1,045

55

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Natural Gas

Cooling

Wall/Window Unit(s)

Appliances

Included: Dryer, Refrigerator, Washer

Features

Eat-in Kitchen, Formal Dining
Basement: Partially Finished
Attic: None

Interior area

Total structure area: 1,624
Total interior livable area: 1,390 sqft

Property

Parking

Total spaces: 2
Parking features: Detached, Garage
Garage spaces: 2

Lot

Size: 0.34 Acres

Details

Parcel number: 202737E0000820
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Farmhouse
Property subtype: Single Family Residence, Residential

Materials

Frame, Wood Siding

Condition

Actual
Year built: 1875
Major remodel year: 1875

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Available

Community & HOA

HOA

Has HOA: No

Location

Region: Hempstead

Financial & listing details

Price per square foot: $503/sqft
Tax assessed value: $463
Annual tax amount: $12,704
Date on market: 6/26/2026
Cumulative days on market: 22 days
Listing agreement: Exclusive Right To Sell

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/10/2026	Price change	$699,000-12.5%$503/sqft
Source: OneKey® MLS as distributed by MLS GRID #1011467 Report a problem
6/26/2026	Listed for sale	$799,000+183.3%$575/sqft
Source: OneKey® MLS as distributed by MLS GRID #1011467 Report a problem
11/9/2011	Sold	$282,000-19.2%$203/sqft
Source: Public Record Report a problem
3/27/2011	Price change	$349,000-7.9%$251/sqft
Source: Malverne Realty Company #2367278 Report a problem
2/19/2011	Listed for sale	$379,000$273/sqft
Source: Malverne Realty Company #2367278 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$463
2023	--	$463
2022	--	$463
2021	$7,503 +7.9%	--
2020	$6,956 +16.8%	$564
2019	$5,953	$564
2018	$5,953 +5.1%	$564
2017	$5,665 +3.1%	$564
2016	$5,497 +556.4%	$564
2015	$837 +9%	$564
2013	$768 -33%	$564 -28.5%
2012	$1,146 -82.6%	$789 -16.1%
2011	$6,574 +11.6%	$940 -0.8%
2010	$5,890	$948 -12.8%
2009	--	$1,087 -6.5%
2008	--	$1,163 +5.9%
2006	--	$1,098 -38.8%
2005	--	$1,795 -44.1%
2004	--	$3,209
2003	--	$3,209 -26.2%
2002	--	$4,350
2001	--	$4,350
2000	--	$4,350

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 11565

Getting around

75 / 100

Very Walkable

40 / 100

Some Transit

52 / 100

Bikeable

Nearby schools

GreatSchools rating

5/10
Davison Avenue Intermediate School
Grades: 3-5Distance: 0.2 mi
7/10
Howard T Herber Middle School
Grades: 6-8Distance: 0.5 mi
8/10
Malverne Senior High School
Grades: 9-12Distance: 0.5 mi

Schools provided by the listing agent

Elementary: Maurice W Downing Primary School
Middle: Howard T Herber Middle School
High: Malverne Senior High School

Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.