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$799,000 Sale Pending
Property Description
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.
Full Property Details
Full Property Details for 50 Elgin Rd
General
- Price: $799,000
- Taxes: $12,904
- Status: Pending
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1019862
- Updated: 7/11/2026
- Added to Site: 12 day(s) ago
Interior
- Interior Features: First Floor Bedroom, Granite Counters, Natural Woodwork, Original Details
- Laundry Facilities: Yes
- Flooring: Carpet, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Basement
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Driveway, Garage
Location
- County: Nassau County
School Information
- High School District: Valley Stream Central
- Elementary School: William L Buck School
- Middle School: Valley Stream Memorial Junior High School
- High School: Valley Stream South High School
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Water Connected
Structural Information
- Architectural Style: Colonial
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full Basement, Storage Space, Walk-Out Access
- Building Size: 1640
- Square Feet: 1,640
- Year Built: 1928
Lot Features
- Lot Size (Acres): 0.0987
- Lot Size (Sq. Ft.): 4,300
Financial Considerations
- Tax Amount: $12,904
Disclosures and Reports
- Special Conditions: None
- Property ID: 2035-39-047-00-0028-0
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Schools
Schools serving 50 Elgin Rd
School Districts:Valley Stream Union Free School District 24, Valley Stream Central High School District
| Name | Grades | Distance |
|---|---|---|
William L Buck School 75 Horton Avenue, Valley Stream, NY 11581 | K-6 | 0.3 mi |
Valley Stream South High School 150 Jedwood Place, Valley Stream, NY 11581 | 7-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 50 Elgin Rd
Date
Details
Price
Change
Source
6/30/2026
Listed
$799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 50 Elgin Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,457
297%
$489
—
2024
$1,876
-75%
$489
—
2023
$7,592
-4%
$489
—
2022
$7,933
-1%
$489
4%
2021
$8,032
3%
$468
-41%
2020
$7,816
9%
$791
—
2018
$7,167
11%
$791
—
2016
$6,485
-17%
$791
—
2019
$7,816
32%
$791
—
2016
$5,929
7%
$791
—
2015
$5,542
6%
$791
—
2014
$5,242
—
$791
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 50 Elgin Rd
50 Elgin Road, Valley Stream, NY 11581 (MLS# 1019862) is a Multi-Family property with 2 units containing 2 bedrooms and 3 full bathrooms. 50 Elgin Road is currently listed for $799,000 and was received on June 30, 2026. Want to learn more about 50 Elgin Road? Do you have questions about finding other Multi-Family real estate for sale in Valley Stream? You can browse all Valley Stream real estate or contact a Coldwell Banker agent to request more information.