Pending

$799,000

50 Elgin Road, Valley Stream, NY 11581

2beds

1,640sqft

Duplex, Multi Family

Built in 1928

-- sqft lot

$-- Zestimate^®

$487/sqft

$-- HOA

What's special

Spacious one-bedroom layout

Legal 2-Family Home Located In The Heart Of The Highly Desirable Gibson Section Of Valley Stream. Whether You're Looking For An Investment Opportunity Or A Home With Income-Producing Potential, This Property Offers Exceptional Versatility. The First-Floor Unit Features A Spacious One-Bedroom Layout With A Large Living Room, Eat-In Kitchen With Access To The Backyard, And A Full Basement With A Separate Side Entrance, Offering Abundant Storage And Endless Possibilities. The Second-Floor Unit Features A Comfortable One-Bedroom Layout With Access To A Large Walk-Up Attic, Perfect For Additional Storage Or Future Expansion (With Proper Permits). Conveniently Located Just 0.3 Miles From The Gibson LIRR Station For An Easy Commute To NYC And Approximately 6 Miles From JFK Airport. Enjoy Close Proximity To Parks, Shopping, Restaurants, Schools, And Major Roadways. A Rare Opportunity To Own A Legal 2-Family Home In One Of Valley Stream's Most Sought-After Neighborhoods.

36 days

288

7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 3

Heating

Natural Gas

Cooling

Wall/Window Unit(s)

Appliances

Laundry: In Basement

Features

First Floor Bedroom, Granite Counters, Natural Woodwork, Original Details
Flooring: Carpet, Hardwood
Basement: Full,Storage Space,Walk-Out Access

Interior area

Total structure area: 1,640
Total interior livable area: 1,640 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway, Garage
Garage spaces: 1
Has uncovered spaces: Yes

Lot

Size: 4,300 Square Feet

Details

Parcel number: 2035390470000280
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Duplex, Multi Family

Materials

Frame

Condition

Year built: 1928

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected

Community & HOA

Location

Region: Valley Stream

Financial & listing details

Price per square foot: $487/sqft
Tax assessed value: $489
Annual tax amount: $12,904
Date on market: 6/30/2026
Cumulative days on market: 36 days
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/10/2026	Pending sale	$799,000$487/sqft
Source: OneKey® MLS as distributed by MLS GRID #1019862 Report a problem
6/30/2026	Listed for sale	$799,000$487/sqft
Source: OneKey® MLS as distributed by MLS GRID #1019862 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$489
2023	--	$489
2022	--	$489
2021	$8,032 +2.8%	--
2020	$7,816 +20.9%	$791
2019	$6,467	$791
2018	$6,467 -0.3%	$791
2017	$6,485 +9.4%	$791
2016	$5,929 +274.7%	$791
2015	$1,583 +8.4%	$791
2013	$1,460 +4.1%	$791
2012	$1,402 -66.8%	$791 -1%
2011	$4,219 -1.5%	$799 -11.2%
2010	$4,281	$900 -19.6%
2009	--	$1,119 +2%
2008	--	$1,097 +6%
2006	--	$1,035 -35.5%
2005	--	$1,604 -39.6%
2004	--	$2,655
2003	--	$2,655 -42.3%
2002	--	$4,600
2001	--	$4,600
2000	--	$4,600

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: 11581

Getting around

76 / 100

Very Walkable

45 / 100

Some Transit

49 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

6/10
William L Buck School
Grades: K-6Distance: 0.4 mi
7/10
Valley Stream South High School
Grades: 7-12Distance: 0.9 mi

Schools provided by the listing agent

Elementary: William L Buck School
Middle: Valley Stream Memorial Junior High School
High: Valley Stream South 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.