32 Fifth Street, Gibson, NY 11581

$990,000
4
BD
2
BA

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Sold Price
$990,000
Closing Date
Mar 05, 2026
Days on Market
29
MLS#
941120
Status
CLOSED
Bedrooms
4
Bathrooms
2
Lot Size
7350

Property Description

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!

Additional Information

Year Built
1898
School District
Valley Stream Central
Taxes Total
11116
Heating
Natural Gas
Parking
Driveway, Garage
Basement
Finished, Full, Walk-Out Access
Water
Public
Sewer
Public Sewer
Taxes
$11,116

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Nicholas M. Sforza (nick@msprealty.org) from Listing Office: Manhasset Sands Point Realty.

Selling Office: Buyer Representation Office.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.