Welcome to 32 Fifth Street, Valley Stream!
This beautifully updated legal 2-family home offers an incredible opportunity for both investors and end-users. Featuring a 2-bedroom apartment over a 2-bedroom apartment, the home has been extensively renovated within the last 5 years and has been meticulously maintained throughout. The upper unit is currently rented at $2,400/month (under-market), and the lower unit has strong rental potential of approximately $4,000/month, making this an ideal income-producing property. This home is sitting on a 7500 square foot lot with a private backyard that's perfect for gardening and/or entertaining. Located just moments from the LIRR, schools, parks, and shops, this home provides unmatched convenience while sitting on a quiet residential block. Whether you're looking to live in one unit and rent the other, or expand your investment portfolio, this property offers exceptional value and long-term upside. A must-see opportunity in the heart of Valley Stream!
For sale
$949,000
32 Fifth Street, Valley Stream, NY 11581
4beds
1,756sqft
Duplex, Multi Family
Built in 1898
-- sqft lot
$-- Zestimate®
$540/sqft
$-- HOA
What's special
- 13 days |
- 2,154 |
- 110 |
Zillow last checked: 8 hours ago
Listing updated: December 07, 2025 at 11:10am
Listing by:
Manhasset Sands Point Realty 516-314-7120,
Nicholas M. Sforza 516-314-7120,
Brandon Fernandes 516-640-1489,
Manhasset Sands Point Realty
Source: OneKey® MLS,MLS#: 941120
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Cooling
- Ductless
Features
- First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Open Kitchen, Quartz/Quartzite Counters
- Basement: Finished,Full,Walk-Out Access
- Attic: Full
- Has fireplace: No
Interior area
- Total structure area: 1,756
- Total interior livable area: 1,756 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 7,350 Square Feet
- Dimensions: 50 x 149
- Features: Back Yard, Landscaped, Near School, Private
Details
- Parcel number: 39027000016
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Vinyl Siding
Condition
- Updated/Remodeled
- Year built: 1898
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Valley Stream
Financial & listing details
- Price per square foot: $540/sqft
- Tax assessed value: $540,000
- Annual tax amount: $11,116
- Date on market: 12/5/2025
- Cumulative days on market: 13 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Listed for sale | $949,000$540/sqft |
Source:  OneKey® MLS #941120 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $540 |
| 2023 | -- | $540 |
| 2022 | -- | $540 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.Climate risks
Neighborhood: 11581
Nearby schools
GreatSchools rating
- 7/10Brooklyn Avenue SchoolGrades: K-6Distance: 0.1 mi
- 7/10Valley Stream South High SchoolGrades: 7-12Distance: 0.8 mi
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